NOT LISTED FOR SALE

705 Commercial Ct Fairfax, IA 52228

Estimated Value: $305,000 - $340,000

3 Beds
3 Baths
2,887 Sq Ft
$100/mo HOA Fee

Last Sold October 29, 2020

Last sale price $246,500 $85 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,181/month

3 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Den
  • Prairie Ridge Elementary School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of October 2020

Mint condition ranch duplex condo with over 1620 sq feet on main level plus over 1240 sq ft finished in lower level. Inviting open floor plan with large entry to living room. Kitchen features spacious eating area, breakfast bar and door to beautiful new deck in Spring of 2019. Large living room has gas fireplace. Master bedroom has walk in closet with delightful master bathroom. Second bedroom is great for guests or in home office. Impressive main floor laundry room. Lower level features a large recreation room, 3rd bedroom, full bathroom, wet bar and bonus room perfect as media room or in home office. Seller's pride of ownership shines with newer windows in main living area, exterior doors, storm doors, cement drive, walk and stoop. Newer carpet in lower level, newer sump pump with battery back up in 2016. New roof in 2020. Clean and well maintained condo. Owner has HVAC serviced yearly. Move right into this great property and enjoy the landscaping bonus from the touch of a Master Gardener.

Last Agent to Sell the Property

Susan Eaton

SKOGMAN REALTY Listed on: 09/24/2020

SKOGMAN REALTY

Last Buyer's Agent

Jennifer Goble

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,925

Year Built

  • 2005

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,925

Year Built

2005

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1642
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Fairfax
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 3925
  • List User Cell Phone: 319-981-1277
  • Low Lvl Fin Sq Ft: 1245
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 3766
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98798
  • Ratio Close Price By Original Li: 0.98798
  • Ratio Current Price By Sq Ft: 150.12
  • Total Sq Ft: 2887
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, 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

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Oct 28, 2020
Sold by
Stevens Diane L
Bought by
Cox David J and Cox Jeryl
Seller's Agent
Susan Eaton
SKOGMAN REALTY
Buyer's Agent
Jennifer Goble
Keller Williams Legacy Group
List Price
$249,500
Sold Price
$246,500
Premium/Discount to List
-$3,000
-1.2%
Current Estimated Value
$319,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,277
Avg. Annual Appreciation
5.54%
Original Mortgage
$197,000
Outstanding Balance
$175,221
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$144,556

Purchase Details

Closed on
Mar 29, 2007
Sold by
Tomash Steven F and Tomash Sandra K
Bought by
Stevens Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cox David J $246,500 None Available
Cox David J $393,600 Skogman Erick
Stevens Diane L $184,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Diane L $197,000
Closed Stevens Diane L $197,000
Previous Owner Stevens Diane L $46,600
Previous Owner Stevens Diane L $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $246,500 -1.2% $85 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $249,500 -- $86 / 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
2024 $4,098 $274,700 $28,500 $246,200
2023 $4,098 $274,700 $28,500 $246,200
2022 $4,036 $240,400 $28,500 $211,900
2021 $3,872 $240,400 $28,500 $211,900
2020 $3,872 $218,000 $28,500 $189,500
2019 $3,582 $218,000 $28,500 $189,500
2018 $3,498 $204,600 $28,500 $176,100
2017 $3,454 $195,500 $28,500 $167,000
2016 $3,454 $195,500 $28,500 $167,000
2015 $3,416 $195,500 $28,500 $167,000
2014 $3,264 $195,500 $28,500 $167,000
2013 $3,098 $195,500 $28,500 $167,000
Source: Public Records

Agents Affiliated with this Home

  • Susan Eaton

    Seller's Agent in 2020

    Susan Eaton

    SKOGMAN REALTY

    (319) 981-1277

    1 in this area

    93 Total Sales

    Susan Eaton
    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Goble

    Keller Williams Legacy Group

    (319) 310-2814

    1 in this area

    4 Total Sales

    Jennifer Goble
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006746

Cedar Rapids Area Association of REALTORS®

APN: 20102-04002-01000

Iowa Linn County Fairfax 52228

705 Commercial Ct, Fairfax, IA

This home is located at 705 Commercial Ct, Fairfax, IA 52228 since 24 September 2020 and is currently estimated at $319,777, approximately $110 per square foot. This property was built in 2005. 705 Commercial Ct is a home located in Linn County with nearby schools including Prairie Crest Elementary School, Prairie View Elementary School, and Prairie Ridge Elementary 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.

Nearby Homes