20 days on rocket

1953 1st Ave SE Unit 503, Cedar Rapids, IA, 52403

$398,000

Home List Price

$4,726*

Closing Credit

2 Bedrooms
2 Full Baths
1,473 SqFt
$270/SqFt
Condo
Schools Nearby

Location

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1953 1st Ave SE Unit 503, Cedar Rapids$398,000

Buyer Closing Credits

$4,726*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAttached, Underground, Garage, Heated Garage, Garage Door Opener
Garage1 space
Year BuiltNew Const., 2022
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #2403096
StatusActive

About 1953 1st Ave SE Unit 503

Welcome to luxury living at its finest! Nestled within the prestigious New Douglas on First building, this top-floor condo offers an unparalleled vista of the majestic Brucemore. Meticulously upgraded and exquisitely furnished, this residence epitomizes modern elegance and sophistication. Originally acquired for $494,900, the owner spared no expense, he invested $11,810.00 in enhancements to elevate the condo's value to an impressive 506,710. Additionally, benefiting from a generous tax credit of $18,676, the final cost for this stunning unit stands at 488,034 Regrettably, unforeseen circumstances compel the owner to part ways with this gem, presenting you with an exclusive opportunity to own a slice of luxury living. Priced at $398,000 this offer is an irresistible deal. All furnishing were custom-selected by Lori Wiles Design Studio and are available for purchase if the buyer desires Contact me now to seize this extraordinary opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, High Rise
  • Year Built: 2022
  • Living Area: 1,473 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER HEDGES
  • Office Phone: (319) 378-8760
  • Listing Agent: Karen Mathison

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood
  • Basement: No
  • Interior: Breakfast Bar, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Sprinkler/Irrigation

Parking Information:

  • Garage Space: 1 space
  • Parking: Attached, Underground, Garage, Heated Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • George Washington High School, Public District Grades 9-12
  • McKinley Middle School, Public District Grades 6-8
  • Johnson Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $398,000
  • Price Per SqFt: $270/SqFt

HOA Fees:

  • Amount: $376
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Cedar Rapids, IA.

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Cedar Rapids, IA

City

Med. Sold Price

$189.2K

Med. Price/SqFt

$124

Avg. Days On Market

25

# of Sold Homes

141

1953 1st Ave SE Unit 503 vs Cedar Rapids

20 DAYS ON ROCKET

-5 Days

$398,000

+$208.7K More

$270/SqFt

+$145 More

KEY TAKEAWAY

This property is $208.7K more than the Median Sold Price and $145/SqFt more than other homes in Cedar Rapids, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2403096

Listing Office:

  • Office Name: COLDWELL BANKER HEDGES
  • Office Phone: (319) 378-8760
  • Listing Agent: Karen Mathison

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,430

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,260

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4041927
1
/10

  • Johnson Elementary School

  • 355 18th St SE

  • 0.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4041928
2
/10

  • McKinley Middle School

  • 620 10th St SE

  • 1.13 miles

  • Public District Grades 6-8

High School

school-card-donut-4041929
3
/10

  • George Washington High School

  • 2205 Forest Dr SE

  • 0.56 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,654. Most Cedar Rapids, IA residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1953 1st Ave SE Unit 503

What is the listing price of this property?

The listing price of 1953 1st Ave SE Unit 503 property is $398,000.

What type of property is this?

The property 1953 1st Ave SE Unit 503 is a condo located in Cedar Rapids, Iowa, 52403.

Is this property for sale now?

Active Listing: 1953 1st Ave SE Unit 503 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1953 1st Ave SE Unit 503 are:
Johnson Elementary School: GreatSchools Rating 1/10
McKinley Middle School: GreatSchools Rating 2/10
George Washington High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 1953 1st Ave SE Unit 503 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1953 1st Ave SE Unit 503 is 1,473 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1953 1st Ave SE Unit 503 is 2022.

Rocket Homes›Iowa›Linn County›Cedar Rapids›52403›1953 1st Ave SE Unit 503

This home is located at 1953 1st Ave SE Unit 503 in Cedar Rapids, IA and zip code 52403. This 1,473 square foot home was built in 2022. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $398,000.

In April 2024 more than 42 listings in Cedar Rapids, IA were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 55 were sold below. The inventory of homes for sale in Cedar Rapids, IA between March 2024 and April 2024 increased by 1.5%. In April 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $189,228.

From Rocket Homes Real Estate and based on county public records data.

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