NOT LISTED FOR SALE

2101 Cottage Ln Cedar Rapids, IA 52403

Estimated Value: $742,000 - $989,000

3 Beds
4 Baths
5,236 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $640,000 $122 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,417/month

9 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Vaulted Ceiling
  • Deck
  • Wooded Lot
  • 1.5-Story Property

About This Home

As of May 2020

Welcome to your weekend getaway, everyday! This stunning 5236 sq.ft. master on the main, 3 bedroom, 2 full, 2 1/2 baths sits on 1.1 acres on the SE side and is sure to WOW all your guests! Built in 1995, exquisitely updated in 2007 and newly painted in 2019 this home boasts marvelous trim, crown mold and impeccable details throughout! The two story entry greets guests in total luxury with a formal living room and formal dining room on either side. Moving into the expansive kitchen, fully equipped for entertaining, you will fall in love with the travertine floors, the enormous, granite island, as well as, the oversized eat-in kitchen nook with enough space for a full table of 6-8 to enjoy a meal. Flowing into the family room you will find a gorgeous, fire place as well as built-ins and lots of space to unwind and cheer on your favorite team. Just off the nook you will enter your weekend oasis as you walk through the beautiful 3 seasons porch and out to the magnificent pool and fire pit area perfect for all your weekend barbecues! If this isn't enough, not to worry as all of your guests will enjoy the finished basement with wet bar, theater room, full bath as well as room for a pool table for all of your entertaining during the winter months. There is plenty of space here for a 4th and 5th bedroom in this expansive basement. Call for a showing asap! You don't want to miss seeing this SE side show stopper!

Last Listed By

Matt Smith

RE/MAX CONCEPTS Listed on: 02/21/2020

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,825

Year Built

  • 1995

Lot Details

  • 1.1 Acre Lot
  • Cul-De-Sac
  • Electric Fence
  • Irrigation
  • Wooded Lot

Home Design

  • 1.5-Story Property
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Sound System
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,825

Year Built

1995

Lot Details

0

Listing Details

  • Style: 1.5 Story, Ranch
  • Acres: 1.1000
  • Above Grade Finished Sq Ft: 3786
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 8825
  • List User Cell Phone: 319-431-5859
  • Low Lvl Fin Sq Ft: 1450
  • Miscellaneous: Cable Ready, Deck, Electric Fence, Fencing, In-Ground Pool, Irrigation System, Jetted Tub, Patio, Sound System, Vaulted Ceiling
  • Net Tax: 8701
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98613
  • Ratio Close Price By Original Li: 0.98613
  • Ratio Current Price By Sq Ft: 169.04
  • Total Sq Ft: 5236
  • Water Sewer Roads: City Sewer, Private Street Maint., Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Trash Compactor, Washer, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Gas, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

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

Schools

  • Elementary School: Arthur
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 1.1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
May 12, 2020
Sold by
Foley Kathleen A and Kathleen A Foley Revocable Tru
Bought by
Seufferlein Daniel L and Seufferlein Tamara S
Seller's Agent
Matt Smith
RE/MAX CONCEPTS
Buyer's Agent
Matt Smith
RE/MAX CONCEPTS
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Total Days on Market
9
Current Estimated Value
$828,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,747
Avg. Annual Appreciation
5.26%
Original Mortgage
$510,400
Outstanding Balance
$457,202
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$371,545

Purchase Details

Closed on
May 21, 2014
Sold by
Foley Barney and Foley Kathleen
Bought by
Foley Barney E and The Barney E Foley Revocable Trust

Purchase Details

Closed on
Jun 29, 2006
Sold by
Lungren Max A and Lungren Nancy E
Bought by
Foley Barney and Foley Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2000
Sold by
Ruggiero Raymond K and Ruggiero Darlene V
Bought by
Lungren Max A and Lungren Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
8.24%

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
Seufferlein Daniel L $640,000 None Available
Foley Barney E -- None Available
Foley Kathleen A -- None Available
Foley Barney $614,500 None Available
Lungren Max A $484,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seufferlein Daniel L $510,400
Closed Foley Barney Edward $164,858
Previous Owner Foley Barney $417,000
Previous Owner Foley Barney E $459,500
Previous Owner Foley Barney $475,000
Previous Owner Lungren Max A $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2020 05/13/20 Sold $640,000 -1.4% $122 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $649,000 -- $124 / 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 $9,332 $776,500 $81,600 $694,900
2022 $9,218 $678,200 $81,600 $596,600
2021 $9,876 $678,200 $81,600 $596,600
2020 $9,876 $663,500 $65,800 $597,700
2019 $8,836 $614,000 $65,800 $548,200
2018 $8,636 $614,000 $65,800 $548,200
2017 $8,009 $584,500 $65,800 $518,700
2016 $8,009 $550,300 $65,800 $484,500
2015 $8,076 $550,300 $65,800 $484,500
2014 $7,948 $550,300 $65,800 $484,500
2013 $7,764 $550,300 $65,800 $484,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2001307

Cedar Rapids Area Association of REALTORS®

APN: 14133-01005-00000