15 days 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
Schools Nearby

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

Take advantage of a $64,390 buyer credit on Unit #506 *PLUS* an additional $20k/$15k/$10k incentive for the next three buyers who choose a new condo unit at Douglas on First as their new home. Unit #506 is The Hall Floor Plan featuring 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. The $64,390 buyer credit for Unit #506 can be used for custom upgrades, interest rate buy-downs, and/or closing costs. Act fast and cash in on an *additional* $20k/$15k/$10k incentive for the next three buyers who choose a new condo unit at Douglas on First as their new home. Schedule your showing today and envision yourself at home in Cedar Rapids’ only luxury condominium community, Douglas on First.

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

Virtual Tour

Lot Features

Lot Information:

  • Lot: See Remarks

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: $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

$189.2K

Med. Price/SqFt

$124

Avg. Days On Market

25

# of Sold Homes

141

1953 1st Ave SE Unit 506 vs Cedar Rapids

15 DAYS ON ROCKET

-10 Days

$624,900

+$435.6K More

$354/SqFt

+$229 More

KEY TAKEAWAY

This property is $435.6K more than the Median Sold Price and $229/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: 6/1/2024, 5:20:31 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

$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.

Elementary School

school-card-donut-6111273
1
/10
  • Johnson Elementary School

  • 355 18th St SE

  • 0.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6111274
2
/10
  • McKinley Middle School

  • 620 10th St SE

  • 1.13 miles

  • Public District Grades 6-8

High School

school-card-donut-6111275
3
/10
  • George Washington High School

  • 2205 Forest Dr SE

  • 0.56 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

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.

What are the assigned schools for this property?

The assigned schools for 1953 1st Ave SE Unit 506 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 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.

In April 2024, from all listings sold in Cedar Rapids, IA there were more than 42 sold above asking price, over 55 sold below and more than 44 were sold right at the asked price. The number of homes for sale in Cedar Rapids, IA increased by 1.5% between March 2024 and April 2024. Listings spent 25 days on the market in April 2024, and had a median list price of $189,228 during the same period.

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

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