NOT LISTED FOR SALE

5788 Oakwood Ave NE Unit 2 Cedar Rapids, IA 52402

Estimated Value: $213,802 - $245,000

2 Beds
2.5 Baths
1,671 Sq Ft
$145/mo HOA Fee

Last Sold January 09, 2015

Last sale price $140,000 $84 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,703/month

189 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Gas Fireplace
  • Echo Hill Elementary School Rated A
  • Breakfast Bar

About This Home

As of January 2015

Welcome home to this almost new 2 bedroom town house in a gated community. Front of home faces beautiful, well-kept pond with fountain. Half bath is located off attached 2 stall garage. Spacious and open floor plan. Corner fireplace in living room. Breakfast bar and all black appliances complete the kitchen. Double sinks complement both the main and the master bathrooms. HUGE master bedroom with walk-in closet and private bath. The basement is ready for expansion. It is stubbed for a bathroom and has a conforming window. A patio welcomes you to the large backyard complete with mature trees. All that is missing from the beautiful home is YOU!!

Last Agent to Sell the Property

Christina Axvig

COLDWELL BANKER HEDGES Listed on: 05/30/2014

COLDWELL BANKER HEDGES

Last Buyer's Agent

Candy Wong

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,802

Year Built

  • 2005

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,671 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,802

Year Built

2005

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1671
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 2802
  • List User Cell Phone: 319-721-8351
  • Miscellaneous: Cable Ready
  • Net Tax: 2608
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96286
  • Ratio Close Price By Original Li: 0.90381
  • Ratio Current Price By Sq Ft: 83.78
  • Total Sq Ft: 1671
  • Tax Roll Number: 140310300801005
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 440

Utilities

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

Condo/Co-op/Association

  • Association Fee: 145
  • Association: Yes

Schools

  • Elementary School: Echo Hill
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Jan 6, 2015
Sold by
Chu Edward W
Bought by
Owen Tom P
Seller's Agent
Christina Axvig
COLDWELL BANKER HEDGES
Buyer's Agent
Candy Wong
SKOGMAN REALTY
List Price
$154,900
Sold Price
$140,000
Premium/Discount to List
-$14,900
-9.62%
Total Days on Market
189
Current Estimated Value
$223,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,701
Avg. Annual Appreciation
4.22%
Original Mortgage
$50,000
Outstanding Balance
$39,217
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$176,257
Source: Public Records

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Range of Values:

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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
Owen Tom P $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen Tom P $50,000
Previous Owner Chu Edward W $120,500
Previous Owner Chu Edward W $128,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $140,000 -9.6% $84 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $154,900 -- $93 / 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 $3,708 $183,300 $29,000 $154,300
2022 $3,372 $174,500 $29,000 $145,500
2021 $3,380 $164,700 $27,000 $137,700
2020 $3,380 $155,800 $25,000 $130,800
2019 $3,132 $146,600 $25,000 $121,600
2018 $2,960 $146,600 $25,000 $121,600
2017 $3,119 $139,600 $15,000 $124,600
2016 $3,119 $142,800 $15,000 $127,800
2015 $3,069 $137,043 $15,000 $122,043
2014 $2,874 $129,416 $15,000 $114,416
2013 $2,608 $129,416 $15,000 $114,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1403857

Cedar Rapids Area Association of REALTORS®

APN: 14031-03008-01005