NOT LISTED FOR SALE

702 Dorchester Place NE Cedar Rapids, IA 52402

Estimated Value: $269,000 - $293,000

3 Beds
2 Baths
2,183 Sq Ft
$240/mo HOA Fee

Last Sold May 17, 2022

Last sale price $271,900 $125 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,212/month

6 Days on Market

Highlights

  • Heated Floors
  • Vaulted Ceiling
  • Den
  • Westfield Elementary School Rated A
  • Ranch Style House
  • Formal Dining Room

About This Home

As of May 2022

Check out this zero entry premium condo with tons of awesome features. Glide in and immediately experience the open floor plan with vaulted ceiling that flows easily from the kitchen with large granite island and gorgeous backsplash to the spacious formal dining area into the living room with a convenient wet bar located just a few steps away. You will always be comfortable with heated flooring and zone heating/cooling throughout the home to include the oversize two-stall garage with sealed epoxy floor and drain. You will enjoy summer evenings on the back or front patios. Huge drop zone/laundry room off of the garage, large walk in pantry included in the kitchen. All newer appliances, including washer/dryer are to stay. Property also features a tankless water heater, ring security system and built in air purifyer. Set up a showing today!

Last Listed By

Tim Nash

SKOGMAN REALTY Listed on: 03/28/2022

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,502

Year Built

  • 2018

Lot Details

  • 0.32

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,183 Sq Ft Home
  • Vaulted Ceiling
  • Formal Dining Room
  • Den
  • Heated Floors
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Irrigation

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Recreation

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,502

Year Built

2018

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Style: Ranch
  • Acres: 0.3200
  • Above Grade Finished Sq Ft: 2183
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 4502
  • List User Cell Phone: 319-531-6324
  • Miscellaneous: Cable Ready, Heated Flooring, Home Warranty, Irrigation System, Patio, Security System, Vaulted Ceiling
  • Net Tax: 4300
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00741
  • Ratio Close Price By Original Li: 1.00741
  • Ratio Current Price By Sq Ft: 124.55
  • Total Sq Ft: 2183
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2018

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 8

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Heated Garage
  • Garage Size: 2-Att

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat, Hot Water Heat, Zoned Heating/Cooling

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded
  • Association Fee: 240
  • Association: Yes

Schools

  • Elementary School: Echo Hill
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: .32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 16, 2022
Sold by
Whitney Ricky J and Whitney Mary E
Bought by
Richardson Michael A and Richardson Gayle L
Seller's Agent
Tim Nash
SKOGMAN REALTY
Buyer's Agent
Sheila King
SKOGMAN REALTY
List Price
$269,900
Sold Price
$271,900
Premium/Discount to List
$2,000
0.74%
Total Days on Market
6
Current Estimated Value
$279,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,670
Avg. Annual Appreciation
1.98%
Original Mortgage
$86,000
Outstanding Balance
$81,588
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$206,899

Purchase Details

Listed on
Oct 25, 2018
Closed on
May 13, 2019
Sold by
Allan Custom Homes Inc
Bought by
Whitney Ricky J and Whitney Mary E
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$231,500
Sold Price
$242,371
Premium/Discount to List
$10,871
4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%

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
Richardson Michael A $272,000 None Listed On Document
Whitney Ricky J $242,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Michael A $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $271,900 +0.7% $125 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $269,900 +11.4% $124 / Sq Ft
05/13/2019 05/13/19 Sold $242,371 +3.1% $151 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
11/02/2018 11/02/18 Price Changed $235,000 +1.5% $146 / Sq Ft
10/25/2018 10/25/18 For Sale $231,500 -- $144 / 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 $4,878 $258,700 $37,500 $221,200
2022 $4,454 $222,300 $31,000 $191,300
2021 $4,300 $213,600 $31,000 $182,600
2020 $4,300 $195,000 $27,000 $168,000
2019 $4,682 $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: 2202829

Cedar Rapids Area Association of REALTORS®

APN: 11274-32001-01001