NOT LISTED FOR SALE

1315 Petrus Dr NE Cedar Rapids, IA 52402

Estimated Value: $396,000 - $437,000

4 Beds
3 Baths
2,546 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $375,000 $147 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,877/month

5 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Great Room with Fireplace
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of March 2022

So much to love about this home! Located on a quiet street in a newer development, it is super rare to not have neighbors behind you. HELLO privacy! 1315 backs up to 3 acres of green space that wont be built upon. It just keeps getting better! Large pantry, walk-out basement and drop zone add convenience to your life as does the USB outlets added to almost EVERY room! The garage has added storage organizers and cabinets as well as additional outlets and updated lighting. Open floorplan upstairs and downstairs you'll find a large family room with a FABOULOUS wet bar with under counter beverage cooler. Perfect for game days or nights! So many upgrades too! New paint, shed under deck, pergola on the deck with a cover for effortless entertaining, new induction range boils water in less than a minute, new front door and storm door. Many more wonderful things I could say but I really feel you need to come see for yourself. This house has it all!

Last Listed By

Noelle Mcclellan

COLDWELL BANKER HEDGES CORRIDOR Listed on: 12/27/2021

COLDWELL BANKER HEDGES CORRIDOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,338

Year Built

  • 2017

Lot Details

  • 0.29

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

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 3 Car Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • 0.29 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,338

Year Built

2017

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2900
  • Above Grade Finished Sq Ft: 1577
  • 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: 6338
  • List User Cell Phone: 319-325-5601
  • Low Lvl Fin Sq Ft: 969
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 6144
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96401
  • Ratio Close Price By Original Li: 0.93750
  • Ratio Current Price By Sq Ft: 237.79
  • Total Sq Ft: 2546
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room, 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

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars

Utilities

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

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Mar 1, 2022
Sold by
Hagner Paul B and Hagner Lisa K
Bought by
Funke Tyler P and Lauterwasser Austin J
Seller's Agent
Noelle Mcclellan
COLDWELL BANKER HEDGES CORRIDOR
Buyer's Agent
Tyler Funke
COLDWELL BANKER HEDGES CORRIDOR
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Total Days on Market
5
Current Estimated Value
$413,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,597
Avg. Annual Appreciation
2.70%
Original Mortgage
$37,500
Outstanding Balance
$28,034
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$380,486

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jul 11, 2018
Sold by
Jerry S Homes Inc
Bought by
Hagner Paul B and Hagner Lisa K
Seller's Agent
Daniel Seda
COLDWELL BANKER HEDGES
Buyer's Agent
Renee Smith
Coldwell Banker Hedges Realty
List Price
$309,950
Sold Price
$308,000
Premium/Discount to List
-$1,950
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Funke Tyler P $375,000 None Listed On Document
Hagner Paul B $308,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funke Tyler P $37,500
Open Funke Tyler P $337,500
Previous Owner Hagner Paul B $192,000
Previous Owner Hagner Paul B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $375,000 -3.6% $147 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/31/2021 12/31/21 Price Changed $389,000 -2.8% $153 / Sq Ft
12/27/2021 12/27/21 For Sale $400,000 +29.9% $157 / Sq Ft
07/16/2018 07/16/18 Sold $308,000 -0.6% $121 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $309,950 0.0% $122 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $309,950 -- $122 / 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 $6,744 $360,400 $68,400 $292,000
2022 $6,622 $328,600 $57,000 $271,600
2021 $6,948 $328,600 $57,000 $271,600
2020 $6,948 $323,500 $53,200 $270,300
2019 $4,772 $221,400 $53,200 $168,200
2018 $10 $221,400 $53,200 $168,200
2017 $10 $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: 2108570

Cedar Rapids Area Association of REALTORS®

APN: 11273-28010-00000