$110,000
SOLD OCT 18, 2016

925 74th St NE Unit 5 Cedar Rapids, IA 52402

2 Beds
1.5 Baths
1,241 Sq Ft
$120/mo HOA Fee

Recently Sold

$89 Per Sq Ft

4% Below List Price

19 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Westfield Elementary School Rated A
  • Eat-In Kitchen
  • Patio

About This Home

As of October 2016

Hard to find condo, close to Rockwell Collins with a 2 stall garage for this price!. Whole house new carpets prior to close or the sellers will give a credit to the buyers to choose their own flooring. Clean and well kept condo. Vaulted ceilings, large eat in kitchen with breakfast bar and dining area. Master bedroom bigger than some apartments with its own walk-in closet and master bathroom. Great unit!

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 07/29/2016

Realty87

Last Buyer's Agent

Matt Smith

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,443

Year Built

  • 1995

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,241 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,443

Year Built

1995

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1241
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 2443
  • List User Cell Phone: 319-270-1323
  • Miscellaneous: Cable Ready, Home Warranty, Patio, Vaulted Ceiling
  • Net Tax: 2443
  • 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: 88.64
  • Total Sq Ft: 1241
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1995

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120
  • Association: Yes

Schools

  • Elementary School: Westfield
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Oct 17, 2016
Sold by
Sellers Katie J and Stevens Joe
Bought by
Elplast America Inc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Matt Smith
RE/MAX CONCEPTS
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$162,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,790
Avg. Annual Appreciation
4.36%
Original Mortgage
$110,000
Outstanding Balance
$88,422
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$72,366

Purchase Details

Listed on
Jun 23, 2012
Closed on
Sep 14, 2012
Sold by
Conley Julie A and Stoneman Randall S
Bought by
Sellers Katie J
Seller's Agent
Larry Stevenson
Realty87
Buyer's Agent
Joy Seyfer
SKOGMAN REALTY
List Price
$108,500
Sold Price
$104,000
Premium/Discount to List
-$4,500
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%
Original Mortgage
$98,800
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2006
Sold by
Ruess Rebekah J
Bought by
Sirva Relocation Credit Llc

Purchase Details

Closed on
Jul 28, 2004
Sold by
Mauren Max G and Mauren Sherrie Lynn
Bought by
Ruess Rebekah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,825
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 1999
Sold by
Granston Michael J and Cranston Lori Jo
Bought by
Mauren Max G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,450
Interest Rate
6.92%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed $104,000 None Available
Warranty Deed $98,000 Stewart Title Guaranty Compa
Warranty Deed $93,000 --
Warranty Deed $89,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 New Conventional
Previous Owner $98,800 New Conventional
Previous Owner $88,825 Purchase Money Mortgage
Previous Owner $85,450 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2016 10/18/16 Sold $110,000 -4.3% $89 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $114,900 +10.5% $93 / Sq Ft
09/14/2012 09/14/12 Sold $104,000 -4.1% $84 / Sq Ft
07/15/2012 07/15/12 Pending -- -- --
06/23/2012 06/23/12 For Sale $108,500 -- $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
2024 $3,062 $146,000 $20,500 $125,500
2023 $3,062 $146,000 $20,500 $125,500
2022 $2,966 $134,000 $20,500 $113,500
2021 $2,694 $134,000 $20,500 $113,500
2020 $2,694 $114,700 $16,000 $98,700
2019 $2,528 $108,800 $16,000 $92,800
2018 $2,430 $108,800 $16,000 $92,800
2017 $2,430 $109,100 $9,000 $100,100
2016 $2,300 $102,800 $9,000 $93,800
2015 $2,300 $101,355 $9,000 $92,355
2014 $2,270 $101,355 $9,000 $92,355
2013 $2,194 $101,355 $9,000 $92,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1607118

Cedar Rapids Area Association of REALTORS®

APN: 11341-27004-01012