120 Gas Light Ct SW Cedar Rapids, IA 52404
Lincolnway Village Neighborhood
3
Beds
2
Baths
2,276
Sq Ft
0.27
Acres
Highlights
- Ranch Style House
- Cul-De-Sac
- Forced Air Cooling System
- Prairie Ridge Elementary School Rated A-
- 3 Car Attached Garage
- Combination Kitchen and Dining Room
About This Home
As of April 2024This beautiful 3 bedrooms and 2 baths ranch home is in nearly perfect condition. Built in 2013 the home is located in a popular College Community neighborhood on a cul-de-sac and close to schools. Just off the oversized 3 stall garage is a mud room and a main level laundry room. The kitchen has a great pantry, like new appliances, tons of beautiful cabinets and hard surface countertops. The large open concept family room has vaulted ceilings, a gas fireplace and lets in tons of natural bright light. The lower level has a fantastic rec room, a large bar area, is already framed for two additional bedrooms and stubbed for a 3rd full bath. A well built home in a great neighborhood!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,048
Year Built
- 2013
Lot Details
- Cul-De-Sac
Home Design
- Ranch Style House
- Brick Exterior Construction
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- Gas Fireplace
- Great Room with Fireplace
- Combination Kitchen and Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Garage Door Opener
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Community Details
- Built by Jerry's Homes
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,801
Avg. Annual Appreciation
-0.58%
Original Mortgage
$240,000
Outstanding Balance
$237,505
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$159,706
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
COLDWELL BANKER HEDGES
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
$210,800
Interest Rate
3.62%
Mortgage Type
Closed End Mortgage
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $278,750 | None Available | |
| Warranty Deed | $263,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Previous Owner | $285,000 | VA | |
| Previous Owner | $210,800 | Closed End Mortgage | |
| Previous Owner | $43,000 | Stand Alone Second |
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
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 |
|---|---|---|---|---|
| 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
195 Total Sales
-
Jaime Whitehead
Buyer's Agent in 2024
Jaime Whitehead
RE/MAX
(319) 651-2551
1 in this area
115 Total Sales
-
Daniel Seda
Seller's Agent in 2014
Daniel Seda
COLDWELL BANKER HEDGES
(319) 431-1010
7 in this area
267 Total Sales
-
John Beltramea
Buyer's Agent in 2014
John Beltramea
EXIT Eastern Iowa Real Estate Corridor
(319) 329-5646
2 in this area
112 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1904010
APN: 19164-01026-00000
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