7 months on rocket

1953 1st Ave SE Unit 506, Cedar Rapids, IA, 52403

$624,900

Home List Price

$7,421*

Closing Credit

2 Bedrooms
2 Full Baths
1,763 SqFt
$354/SqFt
Condo

Location

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1953 1st Ave SE Unit 506, Cedar Rapids$624,900

Buyer Closing Credits

$7,421*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground, Garage, Guest, Heated Garage, Garage Door Opener
Garage2 spaces
Year BuiltNew Const., 2023
HeatingForced Air, Natural Gas
CoolingCentral Air
WaterfrontSee Remarks
MLS #2403416
StatusActive

About 1953 1st Ave SE Unit 506

The Hall floor plan features 2 bedrooms, 2 full baths, a bonus den, and a balcony overlooking the sprawling lawn of Cedar Rapids’ Historic Brucemore Mansion. This penthouse-level luxury condo offers soaring 9’ ceilings, luxury flooring throughout, upgraded selections, and plenty of natural light to compliment the space. Gorgeous kitchen wrapped in two-tone shaker style maple cabinets: uppers finished in white with glass-front doors on the upper wall, lower cabinets in warmer wood tones. Tray ceiling over the daily dining area and huge quartz island with gas cooktop and stainless steel hood vent/appliances, large pantry, tile backsplash, and beverage station with contemporary accent wall above. Spacious living room framed with large windows and access to the private balcony. Bonus den makes a great home office, studio, or conversation space. Split-bedroom floor plan offers plenty of privacy, including the Primary Suite with neutral carpet, walk-in closet, ensuite bath with maple cabinets custom finished in Maritime Blue, quartz vanity with dual sinks, and tile shower. Secondary bedroom also features neutral carpet and a walk-in closet; secondary bath with maple cabinets and storage tower custom finished in Maritime Blue with quartz vanity. Central laundry room with additional storage space. Unit #506 includes two spaces in the underground heated parking garage, plus access to all the amenities offered at Douglas on First, where you can live your best life: a community kitchenette and indoor gathering spaces, 24-hour, state-of-the-art gym, outdoor patio spaces with grilling area and firepits, and a fenced dog park/pet play zone. Schedule your showing today and envision yourself at home in Cedar Rapids’ only luxury condominium community, Douglas on First. Parking spaces 7 and 8 are assigned to this unit. November is Pancreatic Cancer Awareness Month. Listing agent will donate $200 to pancreatic cancer research if this home goes pending in November.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise, Ranch
  • Year Built: 2023
  • Living Area: 1,763 SqFt

Listing Office:

  • Office Name: RE/MAX CONCEPTS
  • Office Phone: (319) 395-0101
  • Listing Agent: Debra Callahan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Disposal, 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:

  • Waterfront: See Remarks

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Underground, Garage, Guest, Heated Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 1953 1st Ave SE Unit 506
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Lot Features

Lot Information:

  • Lot: See Remarks

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,900
  • Price Per SqFt: $354/SqFt

HOA Fees:

  • Amount: $450
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$198.4K

Med. Price/SqFt

$128

Avg. Days On Market

37

# of Sold Homes

151

1953 1st Ave SE Unit 506 vs Cedar Rapids

215 DAYS ON ROCKET

+178 Days

$624,900

+$426.4K More

$354/SqFt

+$226 More

KEY TAKEAWAY

This property is $426.4K more than the Median Sold Price and $226/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: #2403416

Listing Office:

  • Office Name: RE/MAX CONCEPTS
  • Office Phone: (319) 395-0101
  • Listing Agent: Debra Callahan

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: 12/18/2024, 6:20:51 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

$3,636

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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.

Nearby Schools

school-card-donut-4416608
1
/10
  • Johnson STEAM Academy

  • 355 18th St SE

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-4416609
5
/10
  • Arthur Elementary

  • 2630 B Ave NE

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-4416610
3
/10
  • Garfield Elementary

  • 1201 Maplewood Dr NE

  • 0.96 miles

  • Public District Grades KG-5

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. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Cedar Rapids, IA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cedar Rapids, IA?

Cedar Rapids offers a diverse housing market with a blend of architectural styles, including classic ranch, craftsman, and contemporary homes. The housing landscape is primarily composed of single-family homes, which make up a significant portion of the market. There is also a selection of apartments and townhouses available, catering to a range of living preferences. The homeownership rate in Cedar Rapids is robust, with a majority of residents owning their homes, while a smaller percentage are renting.

Is Cedar Rapids, IA a good place to live?

Cedar Rapids is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on annual events like the Cedar Rapids Freedom Festival, which fosters a sense of community and patriotism. The downtown area is known for its cultural venues and public art installations, contributing to the city's unique character and charm.

Are things conveniently located in Cedar Rapids, IA?

The community is served by a comprehensive educational system, including numerous public schools at the elementary, middle, and high school levels, as well as private educational institutions. Cedar Rapids is home to several healthcare facilities offering a range of services from primary care to specialized treatments. The city also features a public library system that supports the educational and informational needs of its residents. Retail and dining options are plentiful, with local establishments reflecting the culinary diversity and culture of the area.

What does the transportation in Cedar Rapids, IA look like?

Cedar Rapids provides a variety of transportation options for its residents. The public transit system offers bus services connecting different parts of the city, with schedules designed to accommodate commuters and local travelers. While specific ride-sharing services are available, their names are not mentioned here. The city is also equipped with a network of roads and highways that facilitate easy commuting and travel to neighboring areas. Efforts have been made to enhance the walkability and bikeability in certain districts, promoting a more pedestrian-friendly environment.

Frequently Asked Questions About 1953 1st Ave SE Unit 506

What is the listing price of this property?

The listing price of 1953 1st Ave SE Unit 506 property is $624,900.

What type of property is this?

The property 1953 1st Ave SE Unit 506 is a condo located in Cedar Rapids, Iowa, 52403.

Is this property for sale now?

Active Listing: 1953 1st Ave SE Unit 506 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1953 1st Ave SE Unit 506 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1953 1st Ave SE Unit 506 is 1,763 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1953 1st Ave SE Unit 506 is 2023.

Rocket HomesIowaLinn CountyCedar Rapids524031953 1st Ave SE Unit 506

This home is located at 1953 1st Ave SE Unit 506 in Cedar Rapids, IA and zip code 52403. This 1,763 square foot home was built in 2023. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $624,900.

Over 32 listings were sold over their listed price in November 2024 in Cedar Rapids, IA. In the same period over 84 listings were sold below the listed price and 35 listings were sold for the listed price. The inventory of homes for sale in Cedar Rapids, IA between October 2024 and November 2024 decreased by 7.3%. In November 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $198,485.

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

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