NOT LISTED FOR SALE

850 Edward Ct SE Unit 111 Cedar Rapids, IA 52403

Estimated Value: $125,000 - $128,000

2 Beds
2 Baths
1,135 Sq Ft
$125/mo HOA Fee

Last Sold September 17, 2021

Last sale price $110,000 $97 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,032/month

8 Days on Market

Highlights

  • Gated Community
  • Deck
  • Intercom
  • Starry Elementary School Rated A-
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of September 2021

This is a fantastic condo in a great location. It has been extremely well cared for and it shows. The condo features 2 spacious bedrooms, huge closets, and master offers a second full bathroom. The open floor plan is sure to please with nice usable kitchen space, a walk-in pantry, large dining area of the kitchen that walks out to covered deck, in-unit laundry, attached one stall garage and an indoor temperature controlled storage unit, security entrance with intercom & inside mail delivery. Affordable HOA dues that cover your water and trash, lawn care and snow removal, and all external maintenance. New updates include: all new windows in 2020, updated electrical, new garage door, and new kitchen faucet. This is not a 55+ building and rentals allowed (all units are currently owner occupied).

Last Agent to Sell the Property

Melissa Langhurst

COLDWELL BANKER HEDGES CORRIDOR Listed on: 08/04/2021

COLDWELL BANKER HEDGES CORRIDOR

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,770

Year Built

  • 1987

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,135 Sq Ft Home
  • 2-Story Property
  • Intercom

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Irrigation

Community Details

Recreation

  • Snow Removal

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,770

Year Built

1987

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1135
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar
  • Gross Tax: 1770
  • List User Cell Phone: 319-721-0512
  • Miscellaneous: Cable Ready, Deck, Intercom, Irrigation System
  • Net Tax: 1568
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95735
  • Ratio Close Price By Original Li: 0.95735
  • Ratio Current Price By Sq Ft: 96.92
  • Total Sq Ft: 1135
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Partial Brick

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 1 car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 125
  • Association: Yes

Schools

  • Elementary School: Starry
  • Middle School: Vernon
  • High School: Marion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 24, 2019
Sold by
Unerti Francis C and Unerti Pamela A
Bought by
Montoya Erin L and Rivera William A Montoya
Seller's Agent
Tyler Funke
COLDWELL BANKER HEDGES CORRIDOR
Buyer's Agent
Tyler Funke
COLDWELL BANKER HEDGES CORRIDOR
List Price
$89,900
Sold Price
$89,500
Premium/Discount to List
-$400
-0.44%
Current Estimated Value
$126,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,708
Avg. Annual Appreciation
6.32%
Original Mortgage
$84,500
Outstanding Balance
$79,490
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$47,018

Purchase Details

Listed on
Apr 25, 2016
Closed on
Aug 19, 2016
Sold by
Gaber Jeffrey A and Gaber June E
Bought by
Unertl Francis C and Unertl Pamela A
Seller's Agent
Susan Eaton
SKOGMAN REALTY
Buyer's Agent
Sheryl Perkins Jahnel
IOWA REALTY
List Price
$78,500
Sold Price
$74,000
Premium/Discount to List
-$4,500
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%

Purchase Details

Listed on
Jan 30, 2012
Closed on
May 6, 2013
Sold by
Estate Of Ida Mae Caldwell
Bought by
Gaber Jeffrey A and Gaber June E
Seller's Agent
Daniel Baty
COLDWELL BANKER HEDGES
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$78,900
Sold Price
$69,950
Premium/Discount to List
-$8,950
-11.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%
Original Mortgage
$52,462
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Montoya Erin L $89,500 None Available
Unertl Francis C -- None Available
Gaber Jeffrey A $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montoya Erin L $84,500
Previous Owner Gaber Jeffrey A $52,462
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $110,000 -4.3% $97 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $114,900 +28.4% $101 / Sq Ft
10/25/2019 10/25/19 Sold $89,500 -0.4% $79 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $89,900 +21.5% $79 / Sq Ft
08/26/2016 08/26/16 Sold $74,000 -5.7% $65 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $78,500 +12.2% $69 / Sq Ft
06/05/2013 06/05/13 Sold $69,950 -11.3% $62 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
01/30/2012 01/30/12 For Sale $78,900 -- $70 / 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 $2,422 $120,400 $17,000 $103,400
2022 $1,992 $105,700 $17,000 $88,700
2021 $2,066 $88,600 $12,000 $76,600
2020 $2,066 $87,700 $12,000 $75,700
2019 $1,594 $77,200 $12,000 $65,200
2018 $1,746 $77,200 $12,000 $65,200
2017 $1,800 $78,100 $7,000 $71,100
2016 $1,800 $78,100 $7,000 $71,100
2015 $1,870 $81,126 $7,000 $74,126
2014 $1,870 $81,126 $7,000 $74,126
2013 $1,818 $81,126 $7,000 $74,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105277

Cedar Rapids Area Association of REALTORS®

APN: 14013-53017-01006