NOT LISTED FOR SALE

1871 Ellis Blvd NW Unit 204 Cedar Rapids, IA 52405

Northwest Area Neighborhood

Estimated Value: $402,191 - $415,000

2 Beds
2 Baths
1,500 Sq Ft
$275/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $424,794 $283 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,613/month

57 Days on Market

Highlights

  • New Construction
  • Waterfront
  • Stream or River on Lot
  • John F. Kennedy High School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of February 2023

Ellis Landings condominiums, situated on the Cedar River with spectacular views of the Cedar River and Ellis Park, comes with a Property Tax Abatement – ask for details! This 2nd floor unit has an under roof line 10’x14’ deck overlooking the Cedar River and Ellis Park. Buyer to customize the unit with your selection of finishes, such as flooring, cabinets, colors, fixtures, granite with allowances included. Includes crank out Pella pro-line windows, stainless kitchen appliances, washer/dryer. Geothermal heat/ac will bring utility savings. **Click on video reel for more info video and 3D tour of similar unit.** Includes 1 parking stall inside the heated ground floor garage, as well as storage unit. Additional parking spaces available to purchase. Common Areas include First floor lounge and exercise areas. Second floor atrium with the “lighthouse” windows above bring in natural light for the live trees and plants. The atrium’s park like setting has community gathering area and bar for entertaining.

Last Listed By

Tamra Garman

Pinnacle Realty Listed on: 10/31/2022

Pinnacle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Waterfront
  • Property is zoned multi-res

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling height of 9 feet or more
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Deck

Schools

  • Harrison Elementary School
  • Roosevelt Middle School
  • Kennedy High School

Utilities

  • Geothermal Heating and Cooling
  • Internet Available
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Energy-Efficient Appliances

Listing and Financial Details

  • Assessor Parcel Number 14174-51017-01012

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, pest control/termite, reserve fund, security, sewer, water
  • Built by Ellis Landings llc

Recreation

  • Park

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$176

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1500
  • Homebuilder: Ellis Landings llc
  • Owner Name L F Mi: Ellis Landings llc
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: Each Unit Will Be Completed With Buyer's Selected Finishes. Allowances Included. Check With List Agent For Full Floor Plan Details, Amenities And To Schedule A Sight Tour. Listing Agent Is Related to one of the partner owners
  • Year Built: 2019
  • Zero Step Entry: Yes
  • Tax Year Report: 2022
  • Directions: Ellis Blvd - Across from Ellis Park ball diamond parking lots, on river side.
  • L O1 Dues Paid: y
  • Amenities: Park, Pet Policy, Security
  • Basement Remarks: 2660
  • Fireplace Type Location: None
  • Interior R: Cable Available, Ceiling-9+ ft
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Stream/Creek/River, Waterfront
  • Possession R: 60 + Days
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Ellis Landings condominiums, situated on the Cedar River with spectacular views of the Cedar River and Ellis Park, comes with a Property Tax Abatement – ask for details! This 2nd floor unit has an under roof line 10’x14’ deck overlooking the Cedar River and Ellis Park. Buyer to customize the unit with your selection of finishes, such as flooring, cabinets, colors, fixtures, granite with allowances included. Includes crank out Pella pro-line windows, stainless kitchen appliances, washer/dryer. Geothermal heat/ac will bring utility savings. **Click on video reel for more info video and 3D tour of similar unit.** Includes 1 parking stall inside the heated ground floor garage, as well as storage unit. Additional parking spaces available to purchase. Common Areas include First floor lounge and exercise areas. Second floor atrium with the “lighthouse” windows above bring in natural light for the live trees and plants. The atrium’s park like setting has community gathering area and bar for entertaining.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1500
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame, Masonry, Metal Frame
  • New Construction: Yes
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, 2662
  • Heating Cooling: Geothermal

Condo/Co-op/Association

  • Association Fee: 3,600
  • Condo Level: 2
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Pest Control/Termite, Reserve Fund, Security, Sewer, Water, Other

Schools

  • Elementary School: Harrison
  • Middle School: Roosevelt
  • High School: Kennedy
  • High School: Kennedy
  • Jr Middle School: Roosevelt
  • Elementary School: Harrison

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: common
  • Zoning: multi-res

Tax Info

  • Gross Tax County City: 172
  • Assessor Parcel Number: 14174-51017-01012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Balik Peter A
Bought by
Magner Mary Lou and Carpenter Steven E
Total Days on Market
57
Current Estimated Value
$411,798

Purchase Details

Listed on
Oct 31, 2022
Closed on
Feb 2, 2023
Sold by
Ellis Landings Llc
Bought by
Batik Peter R
Seller's Agent
Tamra Garman
Pinnacle Realty
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$415,000
Sold Price
$424,794
Premium/Discount to List
$9,794
2.36%

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%

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
Magner Mary Lou $400,000 None Listed On Document
Batik Peter R $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Landings Llc $2,914,097
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $424,794 +2.4% $283 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $415,000 -- $277 / Sq Ft
Source: Iowa City 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 $176 $376,600 $62,000 $314,600
2022 $82 $270,000 $55,000 $215,000
2021 $106 $214,700 $4,000 $210,700
2020 $106 $4,000 $4,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202205903

Iowa City Area Association of REALTORS®

APN: 14174-51017-01012