NOT LISTED FOR SALE

2159 Cherry Ln NE Cedar Rapids, IA 52402

Estimated Value: $278,000 - $323,000

5 Beds
3 Baths
2,609 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $292,000 $112 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,016/month

About This Home

As of June 2023

This home is located at 2159 Cherry Ln NE, Cedar Rapids, IA 52402 since 16 June 2023 and is currently estimated at $300,331, approximately $115 per square foot. This property was built in 1991. 2159 Cherry Ln NE is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy High School.

Last Buyer's Agent

Jennifer Jacobs

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,469

Year Built

  • 1991

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x120

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,469

Year Built

1991

Lot Details

0

Listing Details

  • Acres: 0.2100
  • Above Grade Finished Sq Ft: 1409
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Gross Tax: 4469
  • Low Lvl Fin Sq Ft: 1200
  • Net Tax: 4282
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00724
  • Ratio Close Price By Original Li: 1.00724
  • Ratio Current Price By Sq Ft: 207.24
  • Total Sq Ft: 2609
  • Transaction Type: Fsbo
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Basement: Yes
  • Full Bathrooms: 3
  • Master Bedroom Level: Level 1

Garage/Parking

  • Garage Size: 462

Schools

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

Lot Info

  • Lot Size: 75x120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Ward Mark M
Bought by
Ward Kim E
Current Estimated Value
$300,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$90,792
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$201,212

Purchase Details

Closed on
Feb 8, 2005
Sold by
Ward Kim E
Bought by
Ward Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1998
Sold by
Zuber Julie M and Lynch Julie M
Bought by
Ward Mark M and Ward Kim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.27%
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 Buyer Sale Price Title Company
Ward Kim E -- --
Ward Mark M -- --
Ward Mark M $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernest Olevia C $14,600
Open Ward Kim E $100,000
Previous Owner Ward Mark M $105,000
Previous Owner Ward Mark M $105,000
Previous Owner Ward Mark M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $292,000 +0.7% $112 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $289,900 -- $111 / 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 $4,282 $236,300 $39,400 $196,900
2022 $4,024 $211,900 $39,400 $172,500
2021 $3,898 $203,200 $37,500 $165,700
2020 $3,898 $185,300 $28,100 $157,200
2019 $3,706 $180,500 $28,100 $152,400
2018 $3,600 $180,500 $28,100 $152,400
2017 $3,609 $180,100 $28,100 $152,000
2016 $3,609 $169,800 $28,100 $141,700
2015 $3,805 $178,868 $28,125 $150,743
2014 $3,620 $189,976 $28,125 $161,851
2013 $3,770 $189,976 $28,125 $161,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2308076

Cedar Rapids Area Association of REALTORS®

APN: 14043-77018-00000