850 Edward Ct SE Unit 112 Cedar Rapids, IA 52403
2
Beds
2
Baths
1,126
Sq Ft
$135/mo
HOA Fee
Highlights
- Deck
- Main Floor Primary Bedroom
- Cul-De-Sac
- Starry Elementary School Rated A-
- Formal Dining Room
- 1 Car Attached Garage
About This Home
As of July 2023Opportunity Knocks! This spacious 2 bedroom, 2 bath second floor unit condo with attached 1 stall garage is in a fantastic location close to shopping, restaurants, schools, parks, and HWY 100. Lots of natural light fill the great room and eat-in-kitchen area as they both offer large sliders to a 13’6 x 10’ deck. Formal dining area provides plenty of room for entertaining. Master bedroom offers a private bathroom and walk in closet. Laundry room in unit with utility sink. Security entrance with intercom, and additional temperature-controlled storage area makes having enough space the least of your concerns. This is a wonderful condo well-constructed, add a few cosmetic touches, and you are money far ahead! New roof and siding in 2020. Affordable HOA dues of $135/month cover water and trash, lawn care, snow removal, and external maintenance.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,009
Year Built
- 1987
HOA Fees
- $135 Monthly HOA Fees
Home Design
- Frame Construction
- Aluminum Siding
Interior Spaces
- 1,126 Sq Ft Home
- Formal Dining Room
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
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
- Cul-De-Sac
Community Details
Recreation
- Snow Removal
Pet Policy
- No Pets Allowed
Additional Features
- Community Storage Space
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
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
Similar Homes in Cedar Rapids, IA
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
Average Home Value in this Area
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
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
-
J
Seller's Agent in 2023
Joelle Henley
Pinnacle Realty LLC
(641) 485-6346
118 Total Sales
-
S
Buyer's Agent in 2023
Shirley Jost
IOWA REALTY
(319) 310-8598
42 Total Sales
-
Seller's Agent in 2022
Brook Adkins
Realty87
(319) 651-5702
163 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2108240
APN: 14013-53017-01007
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