NOT LISTED FOR SALE

650 Colton Cir NE Unit 7 Cedar Rapids, IA 52402

Estimated Value: $116,000 - $126,000

2 Beds
1 Bath
922 Sq Ft
$120/mo HOA Fee

Last Sold June 30, 2021

Last sale price $101,500 $110 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $934/month

21 Days on Market

Highlights

  • Gated Community
  • Deck
  • 1 Car Detached Garage
  • Westfield Elementary School Rated A
  • Contemporary Architecture
  • Forced Air Cooling System

About This Home

As of June 2021

Enjoy easy living in this nicely situated 2 bedroom Condo. Contemporary open floor plan. Updates include new flooring throughout, freshly painted walls and new lower kitchen cabinetry. Dinning and many store locations are within walking distance.

Last Agent to Sell the Property

Brian Jeffery

EPIC PROPERTY MANAGEMENT Listed on: 05/03/2021

Last Buyer's Agent

Crystal Sheeley

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,098

Year Built

  • 2005

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 922 Sq Ft Home
  • Electric Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,098

Year Built

2005

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Style: Contemporary
  • 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 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2098
  • List User Cell Phone: 319-270-4207
  • Miscellaneous: Deck
  • Net Tax: 1896
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96667
  • Ratio Close Price By Original Li: 0.92273
  • Ratio Current Price By Sq Ft: 110.09
  • 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, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Electric
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Guest Parking, Off Street Parking
  • Garage Size: 12*22

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Secured Entrance
  • Association Fee: 120
  • Association: Yes

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Venteicher Denise Marie
Bought by
Federal Home Loan Bank Of Des Moines
Current Estimated Value
$121,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$109,697
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$11,396

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 29, 2021
Sold by
Ressler Ashley and Ressler Michael J
Bought by
Tejada Janet
Seller's Agent
Brian Jeffery
EPIC PROPERTY MANAGEMENT
Buyer's Agent
Crystal Sheeley
SKOGMAN REALTY
List Price
$110,000
Sold Price
$101,500
Premium/Discount to List
-$8,500
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$76,125
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2009
Sold by
Kelsey Lisa A
Bought by
Henderson Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,165
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2007
Sold by
Oak Valley Partners Llc
Bought by
Kelsey Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Federal Home Loan Bank Of Des Moines -- None Listed On Document
Venteicher Denise Marie $120,000 None Listed On Document
Tejada Janet $101,500 None Available
Henderson Ashley $80,500 None Available
Kelsey Lisa A $82,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venteicher Denise Marie $115,000
Previous Owner Tejada Janet $76,125
Previous Owner Henderson Ashley $78,165
Previous Owner Kelsey Lisa A $66,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $101,500 -3.3% $110 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/14/2021 05/14/21 Price Changed $105,000 -4.5% $114 / Sq Ft
05/03/2021 05/03/21 For Sale $110,000 -- $119 / 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
2025 $2,094 $118,300 $17,000 $101,300
2024 $2,206 $117,300 $17,000 $100,300
2023 $2,206 $117,300 $17,000 $100,300
2022 $1,978 $96,500 $14,000 $82,500
2021 $2,084 $89,300 $12,000 $77,300
2020 $2,084 $88,800 $12,000 $76,800
2019 $1,898 $81,700 $12,000 $69,700
2018 $1,736 $81,700 $12,000 $69,700
2017 $1,818 $81,300 $7,500 $73,800
2016 $1,818 $81,300 $7,500 $73,800
2015 $1,832 $81,806 $7,500 $74,306
2014 $1,832 $81,806 $7,500 $74,306
2013 $1,772 $81,806 $7,500 $74,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102831

Cedar Rapids Area Association of REALTORS®

APN: 11341-04008-01042