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3010 Otis Road

3010 Otis Road, Cedar Rapids, IA 52403
Property in Cedar Valley
Refi Sep 06, 2023
Transfer
$100,000 by Linn Area Credit Union
Mortgage Due Sep 06, 2053
3010 Otis Road has been categorized by the local assessors in Cedar Rapids, IA as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3010 Otis Road has 2,022 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 2,022 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 290,110 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $8,168 in taxes per year. The property on 3010 Otis Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $389,600. To break that down further, the land itself was valued at $62,600. While improvements to the property were assessed at a total of $327,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • 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: Tile
  • Basement Type: Full basement
  • Basement Area: 2,022
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 290,110
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,022
  • Building Area: 2,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,022
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADDITION
  • Land Acres: 6.66
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DBW 1ST LOT 2 EX P.O.S. #2485

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 14-35-4-01-008-0-0000
  • Lot: 2
  • Meridian: SEC 35 TWN 83N RNG 7W
  • Municipality: CEDAR RAPIDS
  • Latitude: 41.9534
  • Longitude: -91.6229

    Address

  • Full Address: 3010 Otis Rd Se
  • Address - House Number: 3010
  • 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: $8,168
  • Tax Rate Code Area: CEDAR RAPI

    Appraisal Valuation

  • Standard Deviation: 0.1298
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 85
  • Final Value: 538,468
  • High Value: 608,377
  • Low Value: 468,560

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: LINN AREA CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 06, 2023
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 06, 2053

    Market Valuation

  • Market Total Value: $389,600
  • Market Land Value: $62,600
  • Market Improvement Value: $327,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,600
  • Assessed Land Value: $62,600
  • Assessed Improvements Value: $327,000

About Cedar Valley



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3010 Otis Road located in?
The 3010 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 3010 Otis Road?
The average sales price for units in 3010 Otis Road is $0 currently.

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