$175,000
SOLD JUN 26, 2024
2 Beds
1 Bath
1,220 Sq Ft
$458/mo HOA Fee

Recently Sold

$143 Per Sq Ft

16 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Patio
  • Vaulted Ceiling
  • Breakfast Bar
  • Living Room

About This Home

As of June 2024

Experience the pulse of Cedar Rapids' most vibrant neighborhood from this stylish 2-bedroom condo nestled in the heart of the NewBo district. This modern loft-style residence offers an unparalleled blend of comfort and convenience, featuring soaring high ceilings and authentic exposed brick, which create a sense of spaciousness and industrial charm.

Step inside to find a meticulously designed space where every detail caters to urban living. The open-plan layout is highlighted by plenty of natural light streaming through large windows, setting a perfect stage for both relaxation and entertaining. The sleek kitchen area, equipped with top-notch amenities, flows seamlessly into the living area, presenting an inviting ambiance.

The current layout includes a master bedroom and a "versatile loft that could be converted into a second bedroom", offering flexibility depending on your needs. Residents of this exclusive address benefit from a range of premium amenities including a secure stall unit in the heated underground parking garage and an additional outdoor parking spot. The rooftop patio offers a spectacular urban oasis – ideal for enjoying sunsets or hosting friends against the backdrop of the city skyline.

Positioned in a dynamic area buzzing with restaurants, shops, and entertainment venues, life at 905 3rd St SE is not just about enjoying a beautiful home, but embracing a lifestyle full of excitement and convenience. The seller will pay for the Geothermal assessment at closing, ensuring comfort is paired with energy efficiency.

Don’t miss out on this opportunity to claim your own piece of Cedar Rapids' most sought-after district. This condo is perfect for those looking to enjoy urban living at its finest, with the possibility to tailor the living space to your preferences.

Last Agent to Sell the Property

Matt Smith

RE/MAX CONCEPTS Listed on: 05/20/2024

RE/MAX CONCEPTS

Last Buyer's Agent

Renae Forsyth-Christy

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,426

Year Built

  • 1946

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,220 Sq Ft Home
  • Vaulted Ceiling
  • Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Electric Water Heater

Community Details

Overview

  • Handicap Modified Features In Community

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,426

Year Built

1946

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 1220
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar
  • Gross Tax: 3426
  • List User Cell Phone: 319-431-5859
  • Miscellaneous: Elevator, Patio, Vaulted Ceiling
  • Net Tax: 3426
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 143.44
  • Total Sq Ft: 1220
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1946

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Living Room
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Masonry
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 2 Cars, Guest Parking, Heated Garage, Off Street Parking

Utilities

  • Heating Cooling: Central Air, Garage Heater/Furnace, Geothermal

Condo/Co-op/Association

  • Association Amenities: Elevator, Guest Room Facilities, Handicap Features, Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 458
  • Association: Yes

Schools

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

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Oct 19, 2020
Sold by
Fraley Lawrence F
Bought by
Palmer Cory and Yu Xin
Seller's Agent
Rita Kenney
Realty87
Buyer's Agent
Rita Kenney
Realty87
List Price
$186,000
Sold Price
$163,000
Premium/Discount to List
-$23,000
-12.37%
Current Estimated Value
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,000
Original Mortgage
$122,250
Outstanding Balance
$110,019
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2016
Sold by
Berthel Brandon T and Berthel Shelby N
Bought by
Fraley Lawrence F
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $163,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $175,000 0.0% $143 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $175,000 +7.4% $143 / Sq Ft
10/20/2020 10/20/20 Sold $163,000 -9.4% $142 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $180,000 -3.2% $157 / Sq Ft
02/17/2020 02/17/20 For Sale $186,000 -2.2% $162 / Sq Ft
05/30/2012 05/30/12 Sold $190,200 +6.3% $195 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $179,000 -- $183 / 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
2022 $3,170 $159,500 $26,000 $133,500
2021 $3,538 $159,500 $26,000 $133,500
2020 $3,538 $172,200 $26,000 $146,200
2019 $3,624 $172,200 $26,000 $146,200
2018 $3,596 $179,900 $26,000 $153,900
2017 $3,824 $181,800 $15,000 $166,800
2016 $3,824 $179,900 $15,000 $164,900
2015 $3,950 $185,621 $15,000 $170,621
2014 $3,950 $185,621 $15,000 $170,621
2013 $3,866 $185,621 $15,000 $170,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403487

Cedar Rapids Area Association of REALTORS®

APN: 14281-86001-01015