NOT LISTED FOR SALE

120 Gas Light Ct SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $400,000 - $415,644

5 Beds
3 Baths
2,812 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $400,000 $142 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,708/month

10 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • 3 Car Attached Garage
  • Prairie Ridge Elementary School Rated A-
  • Cul-De-Sac
  • Patio

About This Home

As of April 2024

Nestled on a quiet cul-de-sac in a highly sought-after neighborhood, this property has been meticulously maintained and beautifully updated! Built in 2013 this lovely ranch home offers over 2800 sq feet of living space, 5 bedrooms, 3 full baths, and is move-in ready! The spacious 3-stall garage leads to a mudroom and a main-level laundry room with new storage cabinets. The kitchen features a large pantry, newer appliances, tons of cabinet space, an eat-in kitchen, a breakfast bar, and granite countertops. Enjoy the open-concept family room with vaulted ceilings, a gas fireplace, and tons of natural light. The primary bedroom has a large walk-in closet, and a nicely appointed en suite bath with a tiled shower and dual sinks. Plus two large bedrooms and an additional full bath round out the main level. The lower level of this home is an entertainer's dream! The basement has a fantastic rec room, a gorgeous bar, 2 large bedrooms, and a 3rd full bathroom with a beautifully tiled shower. Even the storage space has been drywalled and impeccably maintained! The perfect space for relaxing, this backyard has a gorgeous pergola, new landscaping, tons of new trees, a storage shed, and is fully fenced. With too many updates to list, you have to see this one in person!

Last Agent to Sell the Property

Carla Werning

RUHL & RUHL REALTORS® Listed on: 02/19/2024

RUHL & RUHL REALTORS®

Last Buyer's Agent

Jaime Whitehead

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,706

Year Built

  • 2013

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Built by Jerrys Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,706

Year Built

2013

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2700
  • Above Grade Finished Sq Ft: 1614
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 6706
  • List User Cell Phone: 319-360-9173
  • Low Lvl Fin Sq Ft: 1198
  • Miscellaneous: Cable Ready, Fencing, Patio, Storage Shed
  • Net Tax: 6510
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 247.83
  • Total Sq Ft: 2812
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Off Street Parking, On Street Parking
  • Garage Size: 729

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: Irregular

Building Info

  • Builder Name: Jerrys Homes

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 22, 2024
Sold by
Varner Johnny W
Bought by
Clair Christopher W and Clair Tracy L
Seller's Agent
Carla Werning
RUHL & RUHL REALTORS®
Buyer's Agent
Jaime Whitehead
RE/MAX CONCEPTS
List Price
$400,000
Sold Price
$400,000
Views
12
Current Estimated Value
$405,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,161
Avg. Annual Appreciation
0.88%
Original Mortgage
$240,000
Outstanding Balance
$236,192
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$168,969

Purchase Details

Listed on
May 30, 2019
Closed on
Jul 29, 2019
Sold by
Pajazetovic Bajro and Pajazetovic Dzevada
Bought by
Varner Johnny W and Varner Janet
Seller's Agent
Carla Werning
RUHL & RUHL REALTORS®
Buyer's Agent
Carla Werning
RUHL & RUHL REALTORS®
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$285,000
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Listed on
May 22, 2013
Closed on
May 29, 2014
Sold by
Jerrys Homes Inc
Bought by
Pajazetovic Bajro and Pajazetovic Dzevada
Seller's Agent
Daniel Seda
Realty87
Buyer's Agent
John Beltramea
EXIT Eastern Iowa Real Estate Corridor
List Price
$284,950
Sold Price
$263,500
Premium/Discount to List
-$21,450
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$43,000
Interest Rate
4.18%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Clair Christopher W $400,000 None Listed On Document
Varner Johnny W -- None Listed On Document
Varner Johnny W -- None Listed On Document
Varner Johnny W $278,750 None Available
Pajazetovic Bajro $263,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varner Johnny W $240,000
Previous Owner Varner Johnny W $285,000
Previous Owner Pajazetovic Bajro $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $400,000 0.0% $142 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $400,000 +40.4% $142 / Sq Ft
08/01/2019 08/01/19 Sold $285,000 0.0% $125 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $285,000 +8.2% $125 / Sq Ft
06/05/2014 06/05/14 Sold $263,500 -7.5% $116 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
05/22/2013 05/22/13 For Sale $284,950 -- $125 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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
2025 $6,818 $376,200 $71,500 $304,700
2024 $6,510 $370,300 $67,700 $302,600
2023 $6,510 $370,300 $67,700 $302,600
2022 $6,000 $302,700 $58,000 $244,700
2021 $6,380 $285,000 $54,100 $230,900
2020 $6,380 $288,800 $54,100 $234,700
2019 $6,218 $277,200 $42,500 $234,700
2018 $6,048 $277,200 $42,500 $234,700
2017 $6,196 $275,400 $42,500 $232,900
2016 $5,740 $265,300 $42,500 $222,800
2015 $5,416 $251,668 $42,533 $209,135
2014 $5,416 $7,886 $7,886 $0
2013 $162 $7,886 $7,886 $0
Source: Public Records

Agents Affiliated with this Home

  • Carla Werning

    Seller's Agent in 2024

    Carla Werning

    Ruhl & Ruhl

    (319) 360-9173

    2 in this area

    199 Total Sales

    Carla Werning
    Section Image

  • J

    Buyer's Agent in 2024

    Jaime Whitehead

    RE/MAX

    (319) 651-2551

    1 in this area

    119 Total Sales

    Jaime Whitehead
    Section Image
  • Daniel Seda

    Seller's Agent in 2014

    Daniel Seda

    Realty87

    (319) 431-1010

    7 in this area

    266 Total Sales

    Daniel Seda
    Section Image
  • John Beltramea

    Buyer's Agent in 2014

    John Beltramea

    EXIT Eastern Iowa Real Estate Corridor

    (319) 329-5646

    2 in this area

    104 Total Sales

    John Beltramea
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2400974

Cedar Rapids Area Association of REALTORS®

APN: 19164-01026-00000

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

120 Gas Light Ct SW, Cedar Rapids, IA

This home is located at 120 Gas Light Ct SW, Cedar Rapids, IA 52404 since 19 February 2024 and is currently estimated at $405,161, approximately $144 per square foot. This property was built in 2013. 120 Gas Light Ct SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for 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 deemed reliable but not guaranteed.

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