NOT LISTED FOR SALE

Estimated Value: $418,000 - $532,682

2 Beds
2.5 Baths
2,049 Sq Ft
$766/mo HOA Fee

Last Sold July 15, 2024

Last sale price $500,000 $244 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,844/month

Highlights

  • Gated Community
  • Great Room with Fireplace
  • Main Floor Primary Bedroom
  • Deck
  • Vaulted Ceiling
  • Den

About This Home

As of July 2024

This home is located at 900 2nd St SE Unit 502, Cedar Rapids, IA 52401 since 15 July 2024 and is currently estimated at $463,171, approximately $226 per square foot. This property was built in 2007. 900 2nd St SE Unit 502 is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Buyer's Agent

Candy Wong

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,841

Year Built

  • 2007

HOA Fees

  • $766 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 2,049 Sq Ft Home
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Heated Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,841

Year Built

2007

Lot Details

0

HOA Fees

$766 per month

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 2049
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt., Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 8841
  • Miscellaneous: Cable Ready, Deck, Elevator, Intercom, Security System, Vaulted Ceiling
  • Net Tax: 8841
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96339
  • Ratio Close Price By Original Li: 0.96339
  • Ratio Current Price By Sq Ft: 244.02
  • Total Sq Ft: 2049
  • Transaction Type: Fsbo
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Free Standing, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Masonry
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Drive Under, Heated Garage, On Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Guest Room Facilities, Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 766
  • Association: Yes

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Assoc Approval Required, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jul 10, 2024
Sold by
Theresa R Mcginnis Trust and Mcginnis Theresa R
Bought by
Lawrence David M
Buyer's Agent
Candy Wong
SKOGMAN REALTY
List Price
$519,000
Sold Price
$500,000
Premium/Discount to List
-$19,000
-3.66%
Current Estimated Value
$463,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,829
Avg. Annual Appreciation
-5.85%
Original Mortgage
$450,000
Outstanding Balance
$444,666
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$18,505

Purchase Details

Listed on
Nov 2, 2020
Closed on
Mar 31, 2021
Sold by
Fusselman William P
Bought by
Theresa R Mcginnis Trust
Seller's Agent
Tim Nye
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Melissa Langhurst
Realty87
List Price
$469,000
Sold Price
$445,000
Premium/Discount to List
-$24,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Oct 19, 2018
Sold by
Fusselman William
Bought by
Fusselman William P and The William P Fusselman Revocable Trust

Purchase Details

Closed on
Oct 2, 2017
Sold by
Fusselman Jennifer K
Bought by
Fusselman William

Purchase Details

Listed on
Oct 6, 2016
Closed on
Jan 11, 2017
Sold by
Waddell Brenda K and Waddell Rickie L
Bought by
Fusselman William
Seller's Agent
Daniel Seda
Realty87
Buyer's Agent
Candy Wong
SKOGMAN REALTY
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%

Purchase Details

Closed on
Feb 24, 2008
Sold by
Water Tower Place Owners Assn Inc
Bought by
Mcleod Scott E and Jones Mcleod Michele

Purchase Details

Closed on
Apr 25, 2007
Sold by
Water Tower Place Llc
Bought by
Mcleod Scott E and Jones Mcleod Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Lawrence David M $500,000 River Ridge Escrow
Theresa R Mcginnis Trust $445,000 None Available
Fusselman William P -- None Available
Fusselman William -- None Available
Fusselman William $410,000 None Available
Mcleod Scott E $500 None Available
Mcleod Scott E $309,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence David M $450,000
Previous Owner Mcleod Scott E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2024 07/15/24 Sold $500,000 -3.7% $244 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $519,000 +16.6% $253 / Sq Ft
04/09/2021 04/09/21 Sold $445,000 -5.1% $231 / Sq Ft View Prior Sale
01/20/2021 01/20/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $469,000 +14.4% $243 / Sq Ft
01/13/2017 01/13/17 Sold $410,000 -3.5% $213 / Sq Ft View Prior Sale
10/27/2016 10/27/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $425,000 +9.0% $220 / Sq Ft
11/02/2015 11/02/15 Sold $390,000 -7.1% $198 / Sq Ft View Prior Sale
09/24/2015 09/24/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $419,900 -- $214 / 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
2025 $7,564 $474,700 $45,000 $429,700
2024 $8,600 $494,300 $39,500 $454,800
2023 $8,600 $444,900 $35,500 $409,400
2022 $8,444 $416,600 $38,000 $378,600
2021 $8,810 $416,600 $38,000 $378,600
2020 $8,810 $407,900 $38,000 $369,900
2019 $8,254 $391,500 $38,000 $353,500
2018 $1,072 $391,500 $38,000 $353,500
2017 $1,072 $52,000 $14,500 $37,500
2016 $987 $49,800 $14,500 $35,300
2015 $802 $67,414 $14,524 $52,890
2014 $1,178 $38,131 $14,524 $23,607
2013 $794 $38,131 $14,524 $23,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2405096

Cedar Rapids Area Association of REALTORS®

APN: 14281-86002-01051