NOT LISTED FOR SALE

1307 Petrus Dr NE Cedar Rapids, IA 52402

Estimated Value: $407,000 - $463,000

4 Beds
3 Baths
2,783 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $340,000 $122 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,024/month

36 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Great Room with Fireplace
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of October 2019

Almost new ranch with dramatic great room window wall overlooking verdant 2 acre basin and trees beyond. Beautiful wood flooring, rich granite counters throughout and additional kitchen cabinetry are just a few of the many features you will love. 8' bookcases frame the gas
fireplace and make a stunning focal point in the great room. Open kitchen/dining areas are spacious enough for all of your entertaining needs. The adjoining covered deck has a gas line for your grill. The lower level walkout includes an open and bright recreation room, a wet bar, fourth bedroom and full bathroom. There are large storage areas on this level as well for all your treasures. Move in now and enjoy the rest of summer.

Last Listed By

Jill Gustin

SKOGMAN REALTY Listed on: 08/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,356

Year Built

  • 2016

Lot Details

  • 8,799 Sq Ft Lot
  • Cul-De-Sac
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Built by Jerry's Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,356

Year Built

2016

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2020
  • Above Grade Finished Sq Ft: 1803
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 7356
  • List User Cell Phone: 319-360-0440
  • Low Lvl Fin Sq Ft: 980
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio
  • Net Tax: 7356
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97282
  • Ratio Close Price By Original Li: 0.97282
  • Ratio Current Price By Sq Ft: 188.57
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 17.0000
  • Total Sq Ft: 2783
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • 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, Masonry
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 655

Utilities

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

Schools

  • Elementary School: Nixon
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 8784

Building Info

  • Builder Name: Jerry's Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Oct 13, 2019
Sold by
Nispel Mark and Nispel Sara M
Bought by
Kadur Prathibha R and Gopalarao Raveendra
Seller's Agent
Jill Gustin
SKOGMAN REALTY
Buyer's Agent
Deborah Lebeda
Pinnacle Realty LLC
List Price
$349,500
Sold Price
$340,000
Premium/Discount to List
-$9,500
-2.72%
Total Days on Market
36
Current Estimated Value
$432,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,552
Avg. Annual Appreciation
4.44%
Original Mortgage
$240,000
Outstanding Balance
$165,802
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$268,091

Purchase Details

Listed on
Sep 23, 2016
Closed on
May 1, 2017
Sold by
Jerrys Homes Inc
Bought by
Nispel Mark and Nispel Sara M
Seller's Agent
Daniel Seda
COLDWELL BANKER HEDGES
Buyer's Agent
Jill Gustin
SKOGMAN REALTY
List Price
$319,950
Sold Price
$349,950
Premium/Discount to List
$30,000
9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.18%
Original Mortgage
$275,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Kadur Prathibha R $340,000 None Available
Nispel Mark -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadur Prathibha R $240,000
Previous Owner Nispel Mark $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $340,000 -2.7% $122 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $349,500 -0.1% $126 / Sq Ft
05/08/2017 05/08/17 Sold $349,950 +9.4% $126 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
09/23/2016 09/23/16 For Sale $319,950 -- $115 / 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
2023 $7,232 $419,700 $64,800 $354,900
2022 $7,102 $351,800 $54,000 $297,800
2021 $7,628 $351,800 $54,000 $297,800
2020 $7,628 $354,300 $50,400 $303,900
2019 $7,356 $341,300 $50,400 $290,900
2018 $7,154 $341,300 $50,400 $290,900
2017 $0 $500 $500 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1905742

Cedar Rapids Area Association of REALTORS®

APN: 11273-28011-00000