NOT LISTED FOR SALE

1395 Summit View Ln Cedar Rapids, IA 52403

Estimated Value: $452,000 - $554,000

2 Beds
2.5 Baths
3,014 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $370,000 $123 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,059/month

115 Days on Market

Highlights

  • Vaulted Ceiling
  • Great Room with Fireplace
  • Den
  • Ranch Style House
  • L-Shaped Dining Room
  • 3 Car Attached Garage

About This Home

As of September 2019

WOW! What a magnificent and breathtaking view of the countryside from all directions! Enjoy nature and country air. Custom built by Amana Builders for the original owners.From the large spacious foyer into open living area with floor to ceiling stone fireplace, to the large kitchen with adjoining solarium the views are incredible Large master suite and built-ins galore. New roof and hot water heater in October, 2018. Newer oven, disposal and dishwasher. This home is waiting and ready for your creative cosmetic touches.Unfinished basement is approx. 378 sq ft

Last Agent to Sell the Property

Bob Hanson

IOWA REALTY Listed on: 04/08/2019

Last Buyer's Agent

Bill Cubbage

KOPEL REALTORS and CONSULTANTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,545

Year Built

  • 1993

Lot Details

  • 4.5 Acre Lot
  • Fenced

Home Design

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

Interior Spaces

  • 3,014 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • L-Shaped Dining Room
  • Den
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

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

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Water Softener Leased
  • Septic System
  • Cable TV Available

Community Details

  • Built by Amana Builders

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,545

Year Built

1993

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 4.5000
  • Above Grade Finished Sq Ft: 3014
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Dining 'L', Eat-In Kitchen
  • Gross Tax: 5545
  • List User Cell Phone: 319-360-1082
  • Miscellaneous: Cable Ready, Fencing, Patio, Vaulted Ceiling
  • Net Tax: 5420
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92523
  • Ratio Close Price By Original Li: 0.85057
  • Ratio Current Price By Sq Ft: 122.76
  • Total Sq Ft: 3014
  • Taxable Value Tv: 411600.00
  • Water Sewer Roads: Private Street Maint., Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Range, Refrigerator, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Great Room
  • Basement: Crawl, Partial, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Partial Brick, Wood

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Guest Parking, Off Street Parking
  • Garage Size: 3 Car

Utilities

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

Lot Info

  • Lot Size: 4.5 Acres

Building Info

  • Builder Name: Amana Builders

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Sep 17, 2019
Sold by
Cee Sandra and Mortensen Michael J
Bought by
Rainey Laura A and Rainey John F
Seller's Agent
Bob Hanson
IOWA REALTY
Buyer's Agent
Bill Cubbage
KOPEL REALTORS and CONSULTANTS
List Price
$435,000
Sold Price
$370,000
Premium/Discount to List
-$65,000
-14.94%
Current Estimated Value
$501,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,804
Avg. Annual Appreciation
5.11%
Original Mortgage
$333,000
Outstanding Balance
$291,682
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$210,122

Purchase Details

Closed on
Nov 28, 2007
Sold by
Swarzentruber Arthur D and Swarzentruber Dorothy L
Bought by
Cee Sandra and Mortensen Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Rainey Laura A $370,000 None Available
Cee Sandra $434,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey Laura A $333,000
Previous Owner Cee Sandra $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $370,000 -7.5% $123 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $399,900 -8.1% $133 / Sq Ft
04/08/2019 04/08/19 For Sale $435,000 -- $144 / 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 $5,122 $488,500 $136,000 $352,500
2024 $5,716 $449,400 $136,000 $313,400
2023 $5,716 $449,400 $136,000 $313,400
2022 $5,624 $414,100 $136,000 $278,100
2021 $6,056 $414,100 $136,000 $278,100
2020 $6,056 $411,600 $91,300 $320,300
2019 $5,550 $385,500 $91,300 $294,200
2018 $5,420 $385,500 $91,300 $294,200
2017 $5,390 $367,000 $91,300 $275,700
2016 $5,390 $367,000 $91,300 $275,700
2015 $5,416 $367,000 $91,300 $275,700
2014 $5,288 $367,000 $91,300 $275,700
2013 $5,180 $367,000 $91,300 $275,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bob Hanson

    IOWA REALTY

  • B

    Buyer's Agent in 2019

    Bill Cubbage

    KOPEL REALTORS and CONSULTANTS

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1902874

Cedar Rapids Area Association of REALTORS®

APN: 15331-26002-00000

Iowa Linn County Cedar Rapids 52403

1395 Summit View Ln, Cedar Rapids, IA

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