$128,000
SOLD JUL 26, 2023

850 Edward Ct SE Unit 112 Cedar Rapids, IA 52403

2 Beds
2 Baths
1,126 Sq Ft
1987 Built

Recently Sold

$114 Per Sq Ft

5% Below List Price

37 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Forced Air Cooling System
  • Starry Elementary School Rated A-
  • 1 Car Attached Garage

About This Home

As of July 2023

Looking for a roomy Condo? This 2 bed 2 bath condo has so much to offer with new LVP flooring throughout the living areas and new tile flooring in the bathrooms. Fresh paint throughout along with the great natural light makes the place feel airy and bright! The home not only has a formal dining area but also a large dining area off the kitchen. The large laundry room in the condo makes for great convenance. The condo has a large main bedroom with on-sweat bathroom and large walk-in closet. Look forward to summer evening sitting out on the large deck! The condo has a security entrance with intercom, and additional temperature-controlled storage and no walking in the rain as there is an attached 1 stall garage. The HOA is affordable with dues of only $135/month which covers water and trash, lawn care, snow removal, and external maintenance. Condo is Rentable and not a 55+

Last Agent to Sell the Property

Joelle Henley

Pinnacle Realty LLC Listed on: 05/04/2023

Pinnacle Realty LLC

Last Buyer's Agent

Shirley Jost

IOWA REALTY

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,742

Year Built

  • 1987

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,126 Sq Ft Home
  • Formal Dining Room
  • Range

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,742

Year Built

1987

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1126
  • 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: Formal Dining
  • Gross Tax: 2742
  • List User Cell Phone: 641-485-6346
  • Miscellaneous: Deck
  • Net Tax: 2742
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98537
  • Ratio Close Price By Original Li: 0.94885
  • Ratio Current Price By Sq Ft: 113.68
  • Total Sq Ft: 1126
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Appliances Included: Dryer, Garage Door Opener, Range, Refrigerator, Washer
  • Additional Room: 2nd Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 135
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 26, 2023
Sold by
Busch Christopher and Busch Sherrie
Bought by
Hermstad Kirsten M
Seller's Agent
Joelle Henley
Pinnacle Realty LLC
Buyer's Agent
Shirley Jost
IOWA REALTY
List Price
$134,900
Sold Price
$128,000
Premium/Discount to List
-$6,900
-5.11%
Views
326
Current Estimated Value
$125,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,542
Avg. Annual Appreciation
-0.70%
Original Mortgage
$96,000
Outstanding Balance
$94,236
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$31,960
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 Type Sale Price Title Company
Warranty Deed $128,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 New Conventional
Previous Owner $71,250 New Conventional
Previous Owner $20,001 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $128,000 -1.5% $114 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $129,900 -2.3% $115 / Sq Ft
05/18/2023 05/18/23 Price Changed $132,900 -1.5% $118 / Sq Ft
05/04/2023 05/04/23 For Sale $134,900 +42.0% $120 / Sq Ft
02/04/2022 02/04/22 Sold $95,000 -2.6% $84 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/24/2021 12/24/21 For Sale $97,500 0.0% $87 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $97,500 -- $87 / 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 $2,430 $120,800 $17,000 $103,800
2022 $1,720 $106,000 $17,000 $89,000
2021 $1,792 $88,900 $12,000 $76,900
2020 $1,792 $88,000 $12,000 $76,000
2019 $1,522 $77,400 $12,000 $65,400
2018 $1,472 $77,400 $12,000 $65,400
2017 $1,721 $78,000 $7,000 $71,000
2016 $1,721 $78,000 $7,000 $71,000
2015 $1,791 $80,993 $7,000 $73,993
2014 $1,590 $80,993 $7,000 $73,993
2013 $1,540 $80,993 $7,000 $73,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2302820

Cedar Rapids Area Association of REALTORS®

APN: 14013-53017-01007