NOT LISTED FOR SALE

1427 Petrus Dr NE Cedar Rapids, IA 52402

Estimated Value: $408,356 - $504,000

5 Beds
3 Baths
2,643 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $310,000 $117 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,938/month

412 Days on Market

Highlights

  • New Construction
  • Recreation Room with Fireplace
  • 3 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of April 2015

LOCATED IN NEW STAGS LEAP DEVELOPMENT OFF COUNCIL ST IN THE KENNEDY SCHOOL DISTRICT. WALKOUT RANCH ON TREED LOT. KITCHEN FEATURES HARDWOOD FLOORS, GRANITE COUNTERTOPS AND TILE BACKSPLASH, AND PANTRY CLOSET. 14X16 SCREENED PORCH, 2 FIREPLACES, 9' FIRST FLOOR CEILINGS, OVERSIZED 3 STALL GARAGE FOR ADDITIONAL CAR OR TOYS. LOTS OF ATTENTION TO DETAIL THROUGHOUT THIS HOME. NICE USE OF HARDWOOD AND TILE FLOORS. FULL TILE SURROUND IN MASTER ALONG WITH EURO SHOWER DOOR. HOME IS ENERGY STAR HOME TO SAVE ON UTILITIES.

Last Agent to Sell the Property

Daniel Seda

Realty87 Listed on: 01/08/2014

Realty87

Last Buyer's Agent

Randy Richter

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,484

Year Built

  • 2013

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 with Fireplace
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 80 x 132

Community Details

  • Built by JHI CUSTOM

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,484

Year Built

2013

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1580
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • List User Cell Phone: 319-431-1010
  • Low Lvl Fin Sq Ft: 1063
  • Miscellaneous: Cable Ready, Home Warranty, Patio, Screen Porch
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96890
  • Ratio Close Price By Original Li: 0.91190
  • Ratio Current Price By Sq Ft: 196.20
  • Total Sq Ft: 2643
  • Tax Roll Number: 112732800200000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room, Rec 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, Attached

Utilities

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

Schools

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

Lot Info

  • Lot Size: 80 X 132

Building Info

  • Builder Name: JHI CUSTOM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Apr 21, 2015
Sold by
Jerry S Homes Inc
Bought by
Busbee Jeffrey C and Busbee Annette R
Seller's Agent
Daniel Seda
Realty87
Buyer's Agent
Randy Richter
RUHL & RUHL REALTORS®
List Price
$339,950
Sold Price
$310,000
Premium/Discount to List
-$29,950
-8.81%
Current Estimated Value
$454,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,089
Avg. Annual Appreciation
3.73%
Original Mortgage
$248,000
Outstanding Balance
$191,676
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$262,413
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
Busbee Jeffrey C $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busbee Jeffrey C $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $310,000 -8.8% $117 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
01/08/2014 01/08/14 For Sale $339,950 -- $129 / 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 $6,484 $419,700 $74,900 $344,800
2024 $6,794 $400,000 $74,900 $325,100
2023 $6,794 $383,900 $74,900 $309,000
2022 $6,672 $331,000 $62,400 $268,600
2021 $7,274 $331,000 $62,400 $268,600
2020 $7,274 $338,300 $58,200 $280,100
2019 $6,852 $326,400 $58,200 $268,200
2018 $6,658 $326,400 $58,200 $268,200
2017 $6,432 $318,100 $55,400 $262,700
2016 $6,432 $302,600 $55,400 $247,200
2015 $4,470 $210,029 $49,500 $160,529
2014 $4,470 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Seda

    Seller's Agent in 2015

    Daniel Seda

    Realty87

    (319) 431-1010

    266 Total Sales

    Daniel Seda
    Section Image
  • Randy Richter

    Buyer's Agent in 2015

    Randy Richter

    Ruhl & Ruhl

    (319) 310-1430

    112 Total Sales

    Randy Richter
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1400158

Cedar Rapids Area Association of REALTORS®

APN: 11273-28002-00000

Iowa Linn County Cedar Rapids 52402

1427 Petrus Dr NE, Cedar Rapids, IA

This home is located at 1427 Petrus Dr NE, Cedar Rapids, IA 52402 since 08 January 2014 and is currently estimated at $454,089, approximately $171 per square foot. This property was built in 2013. 1427 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.

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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