NOT LISTED FOR SALE

1622 Chestnut Ln NE Cedar Rapids, IA 52402

Estimated Value: $197,000 - $223,867

3 Beds
1.5 Baths
1,477 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $165,600 $112 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,477/month

31 Days on Market

Highlights

  • Spa
  • Deck
  • Wooded Lot
  • John F. Kennedy High School Rated A-
  • Wood Burning Stove
  • Raised Ranch Architecture

About This Home

As of August 2016

Looking for an oasis that is close to everything but is still private? Located on a quiet cul de sac with no neighbors behind, this home offers privacy yet easy access to everything as it is only 2 minutes from 1-380. This move in ready home has been updated throughout. Refinished hardwood floors, fresh paint, new deck, stamped concrete patio, roof in 2009, repainted exterior and newer furnace and air just to name a few! The hardwood foyer is bright and leads to the upper level which features a large living area as well as a spacious kitchen. The main floor bath feels more like a spa and has access to the master bedroom. All three bedrooms have large closets and plenty of room for your things. The walk out lower level has a wood stove for cozy evenings. Step outside and enjoy the large hot tub or just sit around the fire pit to unwind. The beautifully landscaped backyard is low maintenance for less mowing.

Last Agent to Sell the Property

Ann Gavin

Keller Williams Legacy Group Listed on: 06/21/2016

Co-Listed By

Cherokee Render

Keller Williams Legacy Group

Last Buyer's Agent

Robert Stiles

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,130

Year Built

  • 1968

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Split Foyer
  • Frame Construction

Interior Spaces

  • Wood Burning Stove
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,130

Year Built

1968

Lot Details

0

Listing Details

  • Style: Raised Ranch, Split Foyer
  • Acres: 0.2500
  • Above Grade Finished Sq Ft: 1135
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3130
  • List User Cell Phone: 319-651-4014
  • Low Lvl Fin Sq Ft: 342
  • Miscellaneous: Cable Ready, Deck, Fencing, Hot Tub, Patio, Satellite Dish
  • Net Tax: 3130
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97699
  • Ratio Close Price By Original Li: 0.97469
  • Ratio Current Price By Sq Ft: 145.90
  • Total Sq Ft: 1477
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Wood Burning Stove
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • High School: Kennedy

Lot Info

  • Lot Size: .25 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Aug 24, 2016
Sold by
Gassman Clint L and Struck Clint L
Bought by
Hettinger Ashley J
Seller's Agent
Ann Gavin
Keller Williams Legacy Group
Buyer's Agent
Robert Stiles
Pinnacle Realty LLC
List Price
$169,900
Sold Price
$165,600
Premium/Discount to List
-$4,300
-2.53%
Current Estimated Value
$213,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,367
Avg. Annual Appreciation
2.96%
Original Mortgage
$158,650
Outstanding Balance
$128,625
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$85,978

Purchase Details

Closed on
Mar 28, 2015
Sold by
Gassman Kelly S and Struck Clint L
Bought by
Gassman Clint L and Gassman Kelly S

Purchase Details

Closed on
Jul 31, 2007
Sold by
Gassman Kelly S
Bought by
Gassman Kelly S and Struck Clint L
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
Hettinger Ashley J -- None Available
Gassman Clint L -- None Available
Gassman Kelly S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hettinger Ashley J $158,650
Previous Owner Gassman Kelly S $50,000
Previous Owner Gassman Kelly S $83,700
Previous Owner Gassman Kelly S $35,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2016 08/24/16 Sold $165,600 -2.5% $112 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $169,900 -- $115 / 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
2023 $3,542 $196,700 $41,500 $155,200
2022 $3,224 $176,800 $37,500 $139,300
2021 $3,340 $164,600 $37,500 $127,100
2020 $3,340 $160,000 $31,600 $128,400
2019 $3,214 $157,600 $31,600 $126,000
2018 $2,984 $157,600 $31,600 $126,000
2017 $3,204 $147,100 $31,600 $115,500
2016 $3,075 $144,700 $31,600 $113,100
2015 $2,890 $139,369 $31,603 $107,766
2014 $2,780 $139,369 $31,603 $107,766
2013 -- $139,369 $31,603 $107,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1606219

Cedar Rapids Area Association of REALTORS®

APN: 14162-26006-00000