NOT LISTED FOR SALE

640 Colton Cir NE Unit 4 Cedar Rapids, IA 52402

Estimated Value: $116,681 - $127,000

2 Beds
1 Bath
922 Sq Ft
$100/mo HOA Fee

Last Sold November 27, 2018

Last sale price $89,500 $97 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $929/month

9 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Westfield Elementary School Rated A
  • 1 Car Detached Garage
  • Intercom

About This Home

As of November 2018

Main floor NE condo with great north view! New carpet and paint, Move-In ready, 2 bed 1 bath and includes washer/dryer. Lightly lived in and ready to go with immediate possession!!!

Last Listed By

Mitch Weideman

SKOGMAN REALTY Listed on: 10/29/2018

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,714

Year Built

  • 2005

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 922 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

Overview

  • Handicap Modified Features In Community

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,714

Year Built

2005

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Over 2 Stories
  • Above Grade Finished Sq Ft: 922
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1714
  • List User Cell Phone: 319-929-1483
  • Miscellaneous: Cable Ready, Intercom, Patio
  • Net Tax: 1714
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97283
  • Ratio Close Price By Original Li: 0.97283
  • Ratio Current Price By Sq Ft: 97.07
  • Total Sq Ft: 922
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Handicap Features, Secured Entrance
  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Westfield
  • Middle School: Linn Mar
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Nov 17, 2018
Sold by
Drake Dan Richard and Drake Kimberly Ann
Bought by
Anderson Sandra
Seller's Agent
Mitch Weideman
SKOGMAN REALTY
Buyer's Agent
Mitch Weideman
SKOGMAN REALTY
List Price
$92,000
Sold Price
$89,500
Premium/Discount to List
-$2,500
-2.72%
Total Days on Market
9
Current Estimated Value
$119,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,420
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
May 26, 2006
Sold by
Oak Valley Partners Llc
Bought by
Drake Dan Richard and Drake Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,320
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Anderson Sandra $89,500 None Available
Drake Dan Richard $87,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drake Dan Richard $70,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $89,500 -2.7% $97 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $92,000 -- $100 / 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 $1,898 $116,000 $17,000 $99,000
2022 $1,680 $95,300 $14,000 $81,300
2021 $1,780 $88,300 $12,000 $76,300
2020 $1,780 $87,700 $12,000 $75,700
2019 $1,874 $80,700 $12,000 $68,700
2018 $1,714 $80,700 $12,000 $68,700
2017 $1,796 $80,300 $7,500 $72,800
2016 $1,796 $80,300 $7,500 $72,800
2015 $1,808 $80,762 $7,500 $73,262
2014 $1,808 $80,762 $7,500 $73,262
2013 $1,748 $80,762 $7,500 $73,262
Source: Public Records

Agents Affiliated with this Home

  • Mitch Weideman

    Seller's Agent in 2018

    Mitch Weideman

    SKOGMAN REALTY

    (319) 929-1483

    Section Image

  • A

    Seller Co-Listing Agent in 2018

    Anne Weideman

    IOWA REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1807559

Cedar Rapids Area Association of REALTORS®

APN: 11341-04008-01003

Iowa Linn County Cedar Rapids 52402

640 Colton Cir NE Unit 4, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 640 Colton Cir NE Unit 4, Cedar Rapids, IA 52402 since 29 October 2018 and is currently estimated at $119,920, approximately $130 per square foot. This property was built in 2005. 640 Colton Cir NE Unit 4 is a home located in Linn County with nearby schools including Westfield Elementary School, Oak Ridge School, and Linn-Mar High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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