NOT LISTED FOR SALE

2242 Coldstream Ave NE Cedar Rapids, IA 52402

Estimated Value: $259,000 - $501,316

4 Beds
3 Baths
2,928 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $417,500 $143 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,156/month

124 Days on Market

Highlights

  • Recreation Room
  • Wooded Lot
  • Hydromassage or Jetted Bathtub
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Great Room with Fireplace

About This Home

As of January 2020

Exquisite in-town wooded acreage just five minutes from downtown Cedar Rapids. This 2014 geothermal home sits on 2.12 acres and includes a 3-car, 1169 Sq Ft. attached garage with workshop. Enjoy generous natural light and sweeping forest views thanks to floor-to-ceiling windows throughout the open floor plan – the current owners regularly spy a family of owls in the treetops. There is meticulous attention to detail in every room of the home, from the stone gas fireplace in the living room to the art nook just right for cherished family pieces. A generous chef’s kitchen offers custom soft-close quarter sawn oak cabinets; stainless steel appliances; an expansive island; and easy access to the laundry room. The main-floor master is a calming retreat, with solid oak floors, jetted tub, and a marvelous closet. Lower level features 9ft ceilings, a thoughtfully-placed wet bar, two cheerful additional bedrooms, and generous storage. With a comfortable back patio, hot tub hookups, and a mowed path to the fire pit in the woods, this property is a private in-town oasis.

Last Listed By

Will Brandt

SKOGMAN REALTY Listed on: 08/07/2019

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,016

Year Built

  • 2014

Lot Details

  • 2.12 Acre Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,016

Year Built

2014

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 2.1200
  • Above Grade Finished Sq Ft: 1870
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 9016
  • List User Cell Phone: 319-389-9918
  • Low Lvl Fin Sq Ft: 1058
  • Miscellaneous: 3 Seasons, Cable Ready, Home Warranty, Jetted Tub, Patio, Satellite Dish
  • Net Tax: 9016
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97319
  • Ratio Close Price By Original Li: 0.93820
  • Ratio Current Price By Sq Ft: 223.26
  • R Value Ceiling: 38.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 2928
  • Taxable Value Tv: 418300.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, 3 Seasons, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stone, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 1169

Utilities

  • Heating Cooling: Central Air, Forced Air, Geothermal, Zoned Heating/Cooling

Schools

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

Lot Info

  • Lot Size: 2.12 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
Olsen David W and Olsen Linda L
Bought by
Olsen David W and Olsen Linda L
Total Days on Market
124
Current Estimated Value
$435,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$385,344
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$52,579

Purchase Details

Listed on
Aug 7, 2019
Closed on
Jan 15, 2020
Sold by
Musgrove Scott and Musgrove Diana
Bought by
Olsen David and Olsen Linda
Seller's Agent
Will Brandt
SKOGMAN REALTY
Buyer's Agent
Brook Adkins
COLDWELL BANKER HEDGES CORRIDOR
List Price
$445,000
Sold Price
$417,500
Premium/Discount to List
-$27,500
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%
Original Mortgage
$417,500
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 14, 2013
Sold by
Smith Terry L
Bought by
Musgrove Scott and Musgrove Diana

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
Olsen David W -- None Available
Olsen David $417,500 None Available
Musgrove Scott $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen David W $430,000
Closed Olsen David $417,500
Previous Owner Musgrove Scott $20,000
Previous Owner Musgrove Scott $40,000
Previous Owner Musgrove Scott $191,000
Previous Owner Musgrove Scott $277,000
Previous Owner Smith Terry L $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $417,500 -2.7% $143 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
11/08/2019 11/08/19 Price Changed $429,000 -1.4% $147 / Sq Ft
09/13/2019 09/13/19 Price Changed $435,000 -2.2% $149 / Sq Ft
08/07/2019 08/07/19 For Sale $445,000 -- $152 / 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 $8,932 $458,200 $65,700 $392,500
2022 $8,196 $432,400 $65,700 $366,700
2021 $9,366 $404,600 $52,400 $352,200
2020 $9,366 $433,100 $52,400 $380,700
2019 $8,594 $407,200 $52,400 $354,800
2018 $7,964 $407,200 $52,400 $354,800
2017 $7,275 $348,200 $52,400 $295,800
2016 $7,275 $342,300 $52,400 $289,900
2015 $902 $42,380 $42,380 $0
2014 $902 $42,380 $42,380 $0
2013 $882 $42,380 $42,380 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1905859

Cedar Rapids Area Association of REALTORS®

APN: 14093-51028-00000