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3000 Otis Road

3000 Otis Road, Cedar Rapids, IA 52403
Property in Cedar Valley
Sold Aug 18, 2017
$230,100
$134,800 by First Fcu
Mortgage Due Sep 01, 2047
Local assessors in Cedar Rapids, IA have categorized 3000 Otis Road as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 14,375 square feet. The linear feet between the front and back of the lot was measured at 1,190 ft and the front of the lot was measured at 1,190 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3000 Otis Road has a total of 1,601 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,601 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Aug 18, 2017 for $230,100. That's $143.72 per sqft. 3000 Otis Road was last assessed in 2023. The total value of the property was assessed at $240,400. Specifically, the land the property is located on was valued at $38,300. While improvements on the property were assessed at a total of $202,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,102. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,601
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 1,601
  • Building Area: 1,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,601
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERRITT'S 1ST
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MERRITT'S 1ST LOT 1

Ownership

  • Current Owner : HAMILTON JOSHUA D
  • Current Owner 2: HAMILTON JOSHUA
  • Previous Owner : ESTATE OF BETTY A MERRITT

Neighborhood

  • School District Name: Cedar Rapids Community School District
  • School Tax School District: CEDAR RAPIDS
  • Census Tract: 002800

Geography

  • Parcel: 14-35-4-01-003-0-0000
  • Lot: 1
  • Meridian: SEC 35 TWN 83N RNG 7W
  • Municipality: CEDAR RAPIDS
  • Latitude: 41.9518
  • Longitude: -91.6232

    Address

  • Full Address: 3000 Otis Rd Se
  • Address - House Number: 3000
  • Street Segment Direction: SE
  • Address - Street Name: Otis
  • Address - Suffix Type: Rd
  • State: IA
  • City Name: Cedar Rapids
  • Carrier Code: R003
  • 4-Digit Zip Code: 7140
  • Zip Code: 52403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,102
  • Tax Rate Code Area: CEDAR RAPI

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 84
  • Final Value: 303,851
  • High Value: 345,208
  • Low Value: 262,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,800
  • First Open Lien Mortgage Lender: FIRST FCU
  • First Open Lien Mortgage Recording Date: Aug 18, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $134,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $240,400
  • Market Land Value: $38,300
  • Market Improvement Value: $202,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,400
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $202,100

    Sales

  • Current Sale Contract Date: Aug 18, 2017
  • Current Sale Recording Date: Aug 18, 2017
  • Current Sale Transaction ID: 1733060367
  • Current Sale Price: $230,100
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FCU
  • First Mortgage Transaction Date: Aug 18, 2017
  • First Mortgage Loan Amount: $134,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Cedar Valley



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Frequently Asked Questions

What neighborhood is 3000 Otis Road located in?
The 3000 Otis Road is a located in the neighborhood of Cedar Valley in Cedar Valley, Cedar Rapids.
What is the average sales price for listings in 3000 Otis Road?
The average sales price for units in 3000 Otis Road is $0 currently.

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