$320,000
SOLD MAR 15, 2024

1418 Petrus Dr NE Cedar Rapids, IA 52402

3 Beds
2 Baths
1,426 Sq Ft
2021 Built

Recently Sold

$224 Per Sq Ft

0 Day on Market

Highlights

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

About This Home

As of March 2024

This home is located at 1418 Petrus Dr NE, Cedar Rapids, IA 52402 and is currently priced at $320,000, approximately $224 per square foot. This property was built in 2021. 1418 Petrus Dr NE is a home located in Linn County with nearby schools including Nixon Elementary School, Harding Middle School, and John F. Kennedy High School.

Last Buyer's Agent

Jaclyn Neyens

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,036

Year Built

  • 2021

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • 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
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,036

Year Built

2021

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 713
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1036
  • Low Lvl Fin Sq Ft: 713
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1036
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 448.81
  • Total Sq Ft: 1426
  • Transaction Type: Fsbo
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Fireplace Features: Gas, Great Room
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 7752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Mar 14, 2024
Sold by
Courtney Michael J
Bought by
Olund Kyle Richard
Buyer's Agent
Jaclyn Neyens
Pinnacle Realty LLC
List Price
$320,000
Sold Price
$320,000
Views
3
Current Estimated Value
$354,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,606
Avg. Annual Appreciation
7.13%
Original Mortgage
$224,000
Outstanding Balance
$210,305
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$144,301

Purchase Details

Listed on
Jan 12, 2022
Closed on
Apr 29, 2022
Sold by
Jerrys Homes Inc
Bought by
Courtney Michael J
Seller's Agent
Daniel Seda
Realty87
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$299,950
Sold Price
$299,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$239,960
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $320,000 River Ridge Escrow
Warranty Deed $320,000 River Ridge Escrow
Warranty Deed $300,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,000 New Conventional
Closed $224,000 New Conventional
Previous Owner $239,960 New Conventional
Previous Owner $25,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $320,000 0.0% $224 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $320,000 +6.7% $224 / Sq Ft
04/29/2022 04/29/22 Sold $299,950 0.0% $210 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $299,950 -- $210 / 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
2024 $3,362 $322,400 $60,000 $262,400
2023 $3,362 $309,400 $60,000 $249,400
2022 $1,036 $168,300 $50,000 $118,300
2021 $1,028 $50,000 $50,000 $0
2020 $1,028 $46,600 $46,600 $0
2019 $54 $2,500 $2,500 $0
2018 $52 $2,500 $2,500 $0
2017 $54 $2,500 $2,500 $0
2016 $54 $2,500 $2,500 $0
2015 $55 $2,517 $2,517 $0
2014 $54 $0 $0 $0
2013 -- $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: 2401763

Cedar Rapids Area Association of REALTORS®

APN: 11273-29004-00000