NOT LISTED FOR SALE

1391 Summit View Ln Cedar Rapids, IA 52403

Estimated Value: $550,000 - $614,760

2 Beds
2.5 Baths
2,908 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2014

Last sale price $995,000 $342 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $3,641 / mo

61 Days on Market

Highlights

  • 78.4 Acre Lot
  • Wooded Lot
  • Great Room with Fireplace
  • Deck
  • Ranch Style House
  • 4 Car Detached Garage

About This Home

As of January 2014

This home is located at 1391 Summit View Ln, Cedar Rapids, IA 52403 since 16 November 2013 and is currently estimated at $582,380, approximately $200 per square foot. This property was built in 1967. 1391 Summit View Ln is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Karen Mathison

Realty87 Listed on: 11/16/2013

Realty87

Last Buyer's Agent

Bri Kennel

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,663

Year Built

  • 1967

Lot Details

  • 78.4 Acre Lot
  • Fenced
  • Irrigation
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 2,908 Sq Ft Home
  • Sound System
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Carport
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,663

Year Built

1967

Lot Details

78.4 Acres

Listing Details

  • Style: Ranch
  • Acres: 78.4000
  • Above Grade Finished Sq Ft: 2908
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3663
  • List User Cell Phone: 319-573-8106
  • Miscellaneous: Deck, Fencing, Irrigation System, Satellite Dish, Security System, Sound System
  • Net Tax: 3658
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.82917
  • Ratio Close Price By Original Li: 0.82917
  • Ratio Current Price By Sq Ft: 342.16
  • Total Sq Ft: 2908
  • Tax Roll Number: 153320100100000/153320100100000
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Great Room, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Carport, Detached
  • Garage Size: 3CAR*

Utilities

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

Lot Info

  • Lot Size: 78.4 ACR

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2013
Closed on
Jan 23, 2014
Sold by
Bought by
Seller's Agent
Karen Mathison
Realty87
Buyer's Agent
Bri Kennel
Realty87
List Price
$1,200,000
Sold Price
$995,000
Premium/Discount to List
-$205,000
-17.08%
Current Estimated Value
$582,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$412,620
Avg. Annual Appreciation
-4.22%
Original Mortgage
$700,000
Outstanding Balance
$509,857
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$72,523

Purchase Details

Closed on
Jul 1, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$995,000 Midwest Community Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $995,000 -17.1% $342 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
11/16/2013 11/16/13 For Sale $1,200,000 -- $413 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,944 $515,700 $22,100 $493,600
2024 $5,774 $507,900 $25,200 $482,700
2023 $5,774 $500,600 $17,900 $482,700
2022 $5,676 $407,300 $18,900 $388,400
2021 $6,008 $407,300 $18,900 $388,400
2020 $6,008 $394,100 $13,700 $380,400
2019 $5,394 $394,100 $13,700 $380,400
2018 $5,264 $367,500 $18,900 $348,600
2017 $5,231 $361,100 $28,400 $332,700
2016 $5,231 $361,100 $28,400 $332,700
2015 $5,345 $369,500 $36,800 $332,700
2014 $5,330 $353,700 $21,000 $332,700
2013 $5,042 $353,700 $21,000 $332,700
Source: Public Records

Agents Affiliated with this Home

  • Karen Mathison

    Seller's Agent in 2014

    Karen Mathison

    Realty87

    (319) 573-8106

    131 Total Sales

    Karen Mathison
    Section Image

  • B

    Buyer's Agent in 2014

    Bri Kennel

    Realty87

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1400511

Cedar Rapids Area Association of REALTORS®

APN: 15332-01001-00000

Iowa Linn County Cedar Rapids 52403

1391 Summit View Ln, Cedar Rapids, IA

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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