NOT LISTED FOR SALE

711 Commercial Ct Unit 711 Fairfax, IA 52228

Estimated Value: $305,000 - $336,000

3 Beds
3 Baths
2,982 Sq Ft
$125/mo HOA Fee

Last Sold July 08, 2022

Last sale price $285,000 $96 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,241/month

17 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • Prairie Ridge Elementary School Rated A-
  • Great Room with Fireplace
  • Forced Air Cooling System

About This Home

As of July 2022

Single Family Home pretending to be a condo! This is zoned "condo" however, only because the association dues will cover all building exterior maintenance. However, you can still mow and use the back yard as you wish! As you can see.. you can enjoy your large fire pit patio, have your dogs and cats and not have to worry about the outside costs. This spacious home includes an open floor plan, 3 bedrooms PLUS an office or non conforming bedroom too. Nice sized laundry room/walk in pantry off of the kitchen. Newer flooring including bamboo flooring and carpeting throughout. Upgraded cabinetry and large peninsula island in the kitchen. The walk out lower level steps up out onto your large patio, with retaining wall and fire pit. The composite deck floor also has a gas hook up ready for your gas grill. The kitchen does need a refrigerator, however the large wet bar in the lower level does include that full size refrigerator. The seller is willing to consider an allowance for a new refrigerator for the kitchen.

Last Agent to Sell the Property

Jennifer Burhans

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 05/20/2022

Co-Listed By

Daniel Seda

Realty87

Last Buyer's Agent

Trisha Ritter

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,443

Year Built

  • 2005

HOA Fees

  • $125 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

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

$4,443

Year Built

2005

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1642
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Fairfax
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 4443
  • List User Cell Phone: 319-270-9353
  • Low Lvl Fin Sq Ft: 1340
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 4285
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98310
  • Ratio Close Price By Original Li: 0.95032
  • Ratio Current Price By Sq Ft: 173.57
  • Total Sq Ft: 2982
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • 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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125
  • 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
May 20, 2022
Closed on
Jul 7, 2022
Sold by
Tomash Todd S
Bought by
Parker Katharine Lynn
Seller's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Trisha Ritter
Keller Williams Legacy Group
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$322,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,503
Avg. Annual Appreciation
4.02%
Original Mortgage
$228,000
Outstanding Balance
$217,249
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$105,254

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 28, 2020
Sold by
Paul Jo R and Paul James M
Bought by
Tomash Todd S
Seller's Agent
Dave Berry
Realty87
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$250,000
Sold Price
$247,500
Premium/Discount to List
-$2,500
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$24,750
Interest Rate
2.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 20, 2019
Sold by
Johnson Jo R and Johnson Paul James
Bought by
Paul Jo R and Paul James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2013
Sold by
Johnson Donald F and Johnson Jo R
Bought by
Johnson Jo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Tomash Todd S and Tomash Melissa K
Bought by
Johnson Donald F and Johnson Jo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Tomash Steven F and Tomash Sandra K
Bought by
Tomash Todd S and Tomash Melissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.66%
Mortgage Type
Unknown
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
Parker Katharine Lynn $285,000 None Listed On Document
Tomash Todd S $247,500 None Available
Tomash Todd S $395,200 Rigdon Kevin C
Paul Jo R -- None Available
Johnson Jo R -- None Available
Johnson Donald F $190,500 None Available
Tomash Todd S $204,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Katharine Lynn $228,000
Previous Owner Tomash Todd S $24,750
Previous Owner Tomash Todd S $222,750
Previous Owner Paul Jo R $136,000
Previous Owner Johnson Jo R $18,000
Previous Owner Johnson Jo R $7,500
Previous Owner Johnson Jo R $156,800
Previous Owner Johnson Donald F $20,500
Previous Owner Johnson Donald F $133,800
Previous Owner Johnson Donald F $150,500
Previous Owner Johnson Donald F $152,800
Previous Owner Tomash Todd Steven $34,500
Previous Owner Tomash Todd Steve $22,500
Previous Owner Tomash Todd S $130,000
Closed Tomash Todd S $24,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $285,000 -1.7% $96 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $289,900 -3.3% $97 / Sq Ft
05/20/2022 05/20/22 For Sale $299,900 +21.2% $101 / Sq Ft
09/29/2020 09/29/20 Sold $247,500 0.0% $83 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $247,500 -1.0% $83 / Sq Ft
07/31/2020 07/31/20 For Sale $250,000 -- $84 / 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 $4,302 $288,400 $28,500 $259,900
2023 $4,302 $288,400 $28,500 $259,900
2022 $4,238 $251,900 $28,500 $223,400
2021 $4,064 $251,900 $28,500 $223,400
2020 $4,064 $229,700 $28,500 $201,200
2019 $3,780 $229,700 $28,500 $201,200
2018 $3,690 $215,400 $28,500 $186,900
2017 $3,636 $205,800 $28,500 $177,300
2016 $3,636 $205,800 $28,500 $177,300
2015 $3,596 $205,800 $28,500 $177,300
2014 $3,444 $205,800 $28,500 $177,300
2013 $3,270 $205,800 $28,500 $177,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204447

Cedar Rapids Area Association of REALTORS®

APN: 20102-04002-01001