NOT LISTED FOR SALE

116 Summit Dr Cedar Falls, IA 50613

Estimated Value: $263,000 - $296,000

3 Beds
4 Baths
1,460 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 116 Summit Dr, Cedar Falls, IA 50613 and is currently estimated at $280,740, approximately $192 per square foot. 116 Summit Dr is a home located in Black Hawk County with nearby schools including Lincoln Elementary School, Holmes Junior High School, and Cedar Falls High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Marsh Jeffrey J and Marsh Jessica
Bought by
J Squared Investments Llc
Current Estimated Value
$280,740

Purchase Details

Closed on
Nov 14, 2014
Sold by
Verbeck Matthew A and Verbeck Lisa L
Bought by
Marsh Jeffrey J and Marsh Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 2, 2009
Sold by
Hammer Jeffrey D and Hammer Michelle D
Bought by
Verbeck Matthew A and Verbeck Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bower Thomas N and Bower Amy P
Bought by
Hammer Jeffrey D and Hammer Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
J Squared Investments Llc -- None Listed On Document
Marsh Jeffrey J $220,000 None Available
Verbeck Matthew A $183,750 Title Services
Hammer Jeffrey D $169,500 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsh Jessica L $45,000
Previous Owner Marsh Jessica L $204,000
Previous Owner Marsh Jeffrey J $45,000
Previous Owner Marsh Jeffrey J $176,000
Previous Owner Verbeck Matthew A $32,600
Previous Owner Verbeck Matthew A $160,000
Previous Owner Verbeck Matthaw A $137,800
Previous Owner Verbeck Matthew A $17,500
Previous Owner Hammer Jeffrey D $90,000
Previous Owner Hammer Jeffrey D $30,000
Previous Owner Bower Thomas N $23,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,606 $241,160 $35,640 $205,520
2023 $3,558 $241,160 $35,640 $205,520
2022 $3,600 $201,650 $35,640 $166,010
2021 $3,448 $201,650 $35,640 $166,010
2020 $3,376 $193,730 $27,720 $166,010
2019 $3,376 $193,730 $27,720 $166,010
2018 $3,420 $193,730 $27,720 $166,010
2017 $3,484 $193,730 $27,720 $166,010
2016 $3,412 $193,090 $27,720 $165,370
2015 $3,412 $193,090 $27,720 $165,370
2014 $3,014 $177,340 $27,720 $149,620
Source: Public Records

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