NOT LISTED FOR SALE

225 Wasatch Ct NE Cedar Rapids, IA 52402

Estimated Value: $627,000 - $713,000

5 Beds
5.5 Baths
5,597 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $439,000 $78 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,397/month

124 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Whirlpool Bathtub
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • Great Room with Fireplace

About This Home

As of April 2017

Ross custom built home overlooking Cedar River over $107,500 under assessed value. 6300+ total SF living & stor space, grand 2 story foyer, curved maple staircase, open floor plan, incredible view, gourmet kitchen, hidden walk in pantry w/access from garage, main floor master -walk in closets, 2 decks, custom office w/2 desks & built-ins, main floor laundry, drop zone, 4 add'l bedrooms. Lower level family rm, full bath, shop, huge under garage rm works as gym/storm shelter! Close to I-380 & major employers.

Last Agent to Sell the Property

John Beltramea

EXIT Eastern Iowa Real Estate Corridor Listed on: 11/10/2016

Last Buyer's Agent

Karen Mathison

Coldwell Banker Hedges Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,408

Year Built

  • Built in 2006

Lot Details

  • 0.39

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Rear Stairs
  • Bookcases
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Formal Dining Room
  • Library
  • Recreation Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Deck
  • 0.39 Acre Lot

Community Details

  • Built by Ross
  • Applewood Mesa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14171270200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,408

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 5597
  • Homebuilder: Ross
  • Owner Name L F Mi: Shaw
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 2006
  • Tax Year Report: 2015
  • Subdivision: Applewood Mesa
  • Directions: W on J Ave NE to Adirondack Dr to Wasatch Ct NE
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, Wood Burning
  • Interior R: Bookcases, Cable Available, Ceiling-9+ ft, Foyer-2 Story, Rear Stairs, Whirlpool
  • Kitchen Breakfast R: Breakfast Bar, Pantry, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Ross custom built home overlooking Cedar River over $107,500 under assessed value. 6300+ total SF living & stor space, grand 2 story foyer, curved maple staircase, open floor plan, incredible view, gourmet kitchen, hidden walk in pantry w/access from garage, main floor master -walk in closets, 2 decks, custom office w/2 desks & built-ins, main floor laundry, drop zone, 4 add'l bedrooms. Lower level family rm, full bath, shop, huge under garage rm works as gym/storm shelter! Close to I-380 & major employers.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Microwave, Wall Oven, Central Vacuum
  • Number Bedrooms Upper: 3
  • Number Bedrooms Main: 2
  • Sq Ft Above: 4130
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 6
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1467
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air, Zoned/Dual

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.39
  • Geo Subdivision: IA
  • Lot Dimensions: 17109 SF
  • Zoning: RES

Tax Info

  • Gross Tax County City: 11846
  • Assessor Parcel Number: 14171270200000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2017
Sold by
Schultz John M and Schultz Rebecca R
Bought by
Schultz John M and John M Schultz Jr Revocable Trust
Current Estimated Value
$668,427

Purchase Details

Listed on
Nov 10, 2016
Closed on
Apr 12, 2017
Sold by
Shaw John A and Sutton Shaw Donna
Bought by
Schultz John M and Schultz Rebecca R
Seller's Agent
John Beltramea
EXIT Eastern Iowa Real Estate Corridor
Buyer's Agent
Karen Mathison
Coldwell Banker Hedges Corridor
List Price
$474,777
Sold Price
$439,000
Premium/Discount to List
-$35,777
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$3,511,200
Outstanding Balance
$2,929,014
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
-$2,260,587

Purchase Details

Closed on
Jun 22, 2006
Sold by
Applewood Mesa Development Co
Bought by
Shaw John A and Shaw Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schultz John M -- None Available
Schultz John M $439,000 None Available
Shaw John A $591,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz John M $3,511,200
Previous Owner Shaw John A $488,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $439,000 -7.5% $78 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $474,777 -- $85 / Sq Ft
Source: Iowa City 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 $10,408 $670,100 $74,000 $596,100
2024 $11,582 $669,000 $74,000 $595,000
2023 $11,582 $598,600 $69,500 $529,100
2022 $11,360 $558,000 $69,500 $488,500
2021 $10,774 $557,300 $62,800 $494,500
2020 $10,774 $496,900 $56,100 $440,800
2019 $10,322 $487,400 $56,100 $431,300
2018 $10,146 $487,400 $56,100 $431,300
2017 $11,846 $557,300 $56,100 $501,200
2016 $11,846 $557,300 $56,100 $501,200
2015 $11,391 $535,351 $58,598 $476,753
2014 $11,206 $535,351 $58,598 $476,753
2013 $10,962 $535,351 $58,598 $476,753
Source: Public Records

Agents Affiliated with this Home

  • John Beltramea

    Seller's Agent in 2017

    John Beltramea

    EXIT Eastern Iowa Real Estate Corridor

    (319) 329-5646

    104 Total Sales

    John Beltramea
    Section Image

  • K

    Buyer's Agent in 2017

    Karen Mathison

    Coldwell Banker Hedges Corridor

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20166020

Iowa City Area Association of REALTORS®

APN: 14171-27020-00000

Iowa Linn County Cedar Rapids 52402

225 Wasatch Ct NE, Cedar Rapids, IA

This home is located at 225 Wasatch Ct NE, Cedar Rapids, IA 52402 since 10 November 2016 and is currently estimated at $668,427, approximately $119 per square foot. This property was built in 2006. 225 Wasatch Ct NE is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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