NOT LISTED FOR SALE

532 Meadow Oak Cir Fairfax, IA 52228

Estimated Value: $256,000 - $273,000

2 Beds
2 Baths
1,226 Sq Ft
$100/mo HOA Fee

Last Sold March 25, 2016

Last sale price $194,900 $159 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,830/month

240 Days on Market

Highlights

  • New Construction
  • Deck
  • 2 Car Attached Garage
  • Prairie Ridge Elementary School Rated A-
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of March 2016

Stunning brand new ranch style condo featuring nice open floor plans, large kitchens with granite countertops, breakfast bar, maple cabinets, and a generous sized pantry. The living room offers a tray ceiling, fireplace, and ample room to entertain. The main floor also features the master suite with walk-in closet, master bath, second bedroom, a second full bathroom, main floor laundry, and access out to a large 18x6 covered patio. Buyers have option to pick out final finishes with flooring options and cabinet colors and finishes, based on availability. Call today for list of zero entry units and pond view units available. $250 start up fee. FREE REFRIGERATOR WITH ACCEPTED OFFER BY NOVEMBER 30TH, 2015.

Last Agent to Sell the Property

Melissa Langhurst

Realty87 Listed on: 06/05/2015

Realty87

Last Buyer's Agent

Teresa Smalley

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,562

Year Built

  • 2015

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,226 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Laundry on main level
  • Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Built by ELITE CUSTOM

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,562

Year Built

2015

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1226
  • Association Fee Frequency: Month
  • Association Management: By Developer, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Fairfax
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • List User Cell Phone: 319-721-0512
  • Miscellaneous: Cable Ready, Deck
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.11435
  • Ratio Close Price By Original Li: 1.11435
  • Ratio Current Price By Sq Ft: 158.97
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 1226
  • Tax Roll Number: 538 MEADOW OAK
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2015

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Electric
  • Additional Room: 1st Floor Laundry
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 CAR

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: COMMON

Building Info

  • Builder Name: ELITE CUSTOM

Rental Info

  • Pets: Assoc Approval Required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Mar 25, 2016
Sold by
Schrader Development Llc
Bought by
Schmitz Michael B and Schmitz Robin R
Seller's Agent
Melissa Langhurst
Realty87
Buyer's Agent
Teresa Smalley
Realty87
List Price
$174,900
Sold Price
$194,900
Premium/Discount to List
$20,000
11.44%
Current Estimated Value
$261,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,807
Avg. Annual Appreciation
3.31%
Original Mortgage
$175,410
Interest Rate
3.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schmitz Michael B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Michael B $161,000
Closed Schmitz Michael B $175,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $194,900 +11.4% $159 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
06/05/2015 06/05/15 For Sale $174,900 -- $143 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,562 $256,100 $28,500 $227,600
2022 $3,508 $213,500 $28,500 $185,000
2021 $3,660 $213,500 $28,500 $185,000
2020 $3,660 $211,000 $28,500 $182,500
2019 $3,404 $198,100 $28,500 $169,600
2018 $3,322 $198,100 $28,500 $169,600
2017 $0 $164,700 $28,500 $136,200
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504640

Cedar Rapids Area Association of REALTORS®

APN: 20034-76012-01016