NOT LISTED FOR SALE

1519 Cottonwood Ln NE Cedar Rapids, IA 52402

Estimated Value: $237,000 - $257,194

3 Beds
2.5 Baths
1,808 Sq Ft
$136/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $180,000 $100 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,573/month

1 Day on Market

Highlights

  • Above Ground Pool
  • Recreation Room with Fireplace
  • Ranch Style House
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of October 2016

Open Floor Plan Ranch with Beautiful Hardwood Floors and Newer Carpet. You'll love the Vaulted Ceiling 3 Seasons Room off the Kitchen that Overlooks the Fenced Yard. There are Numerous Updates Throughout this Home. The Kitchen has Updated Popular Tiled Back Splash. In the Lower Level you'll enjoy the Gas Fireplace plus bonus Full Bathroom and Non Conforming Bedroom or Den. All Appliances Stay! Located in Popular NE Neighborhood Near Rockwell, Shopping, Restaurants and Quick Access to I380. Perfectly Priced to Move you in TODAY!

Last Agent to Sell the Property

Renee Corkery

Realty87 Listed on: 09/08/2016

Realty87

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,685

Year Built

  • 1975

Lot Details

  • Lot Dimensions are 93 x 114
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Patio
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,685

Year Built

1975

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1120
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 3685
  • List User Cell Phone: 319-551-7850
  • Low Lvl Fin Sq Ft: 688
  • Miscellaneous: 3 Seasons, Above Ground Pool, Cable Ready, Fencing, Patio, Storage Shed, Vaulted Ceiling
  • Net Tax: 3500
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00559
  • Ratio Close Price By Original Li: 1.00559
  • Ratio Current Price By Sq Ft: 160.71
  • Total Sq Ft: 1808
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 3 Seasons, Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Rec Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

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: 93 X 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Oct 28, 2016
Sold by
Hermanson Todd Alan and Hermanson Todd A
Bought by
Vandersee Anthony J and Vandersee Christina G
Seller's Agent
Renee Corkery
Realty87
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$179,000
Sold Price
$180,000
Premium/Discount to List
$1,000
0.56%
Current Estimated Value
$246,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,049
Avg. Annual Appreciation
3.57%
Original Mortgage
$176,739
Outstanding Balance
$141,125
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$104,924

Purchase Details

Closed on
Mar 4, 2014
Sold by
Hermanson Laura Ann
Bought by
Hermanson Todd Alan

Purchase Details

Closed on
Mar 26, 1998
Sold by
Hendrickson Keven G and Hendrickson Jodi S
Bought by
Eickstaedt Troy A and Eickstaedt Tracey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
7.15%
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
Vandersee Anthony J $180,000 None Available
Hermanson Todd Alan -- None Available
Eickstaedt Troy A $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandersee Anthony J $176,739
Previous Owner Eickstaedt Troy A $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $180,000 +0.6% $100 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $179,000 -- $99 / 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 $3,292 $261,700 $48,000 $213,700
2024 $3,650 $213,900 $48,000 $165,900
2023 $3,650 $196,500 $44,100 $152,400
2022 $3,678 $181,900 $34,500 $147,400
2021 $3,768 $186,500 $34,500 $152,000
2020 $3,768 $179,400 $34,500 $144,900
2019 $3,550 $173,200 $34,500 $138,700
2018 $3,448 $173,200 $34,500 $138,700
2017 $3,590 $173,400 $32,600 $140,800
2016 $3,629 $170,700 $32,600 $138,100
2015 $3,444 $165,685 $19,192 $146,493
2014 $3,340 $165,685 $19,192 $146,493
2013 $3,264 $165,685 $19,192 $146,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1611082

Cedar Rapids Area Association of REALTORS®

APN: 11331-02006-00000