NOT LISTED FOR SALE

2397 Wright Brothers Blvd E Cedar Rapids, IA 52404

Estimated Value: $808,000 - $907,884

4 Beds
6 Baths
6,575 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $520,000 $79 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,369/month

6 Days on Market

Highlights

  • On Golf Course
  • Deck
  • Great Room with Fireplace
  • Prairie Ridge Elementary School Rated A-
  • Wood Burning Stove
  • Recreation Room

About This Home

As of April 2015

ULTIMATE DISTINCTIVE FAMILY HOME IN CONVENIENT LOCATION CLOSE TO GOLF COURSE, AIRPORT, AND I-380 WITH EXTRAODINARY VIEW OF COUNTRYSIDE AND PRIVACY. IMPRESSIVE HIGH CEILINGS SKYLIGHTS AND VAULTS. EXCEPTIONAL LARGE ROOMS FOR ENTERTAINING AND EVERYDAY LIVING. WALKOUT LL TO SEPARATE GARAGE ENTRANCE. MOTHER-IN-LAW QUARTERS. EVERYTHING YOU EXPECT AND MORE! Offers are contingent upon and subject to survey split. This property may be purchased with 35 acres for $1,015,000. MLS 20131195. Taxes to be determined

Last Agent to Sell the Property

Bonnie Tiernan

Realty87 Listed on: 10/10/2014

Realty87

Co-Listed By

Nonmember NONMEMBER

NONMEMBER

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,616

Year Built

  • Built in 1992

Lot Details

  • 5 Acre Lot
  • On Golf Course
  • Private Yard

Parking

  • 3 Parking Spaces

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Rear Stairs
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Skylights
  • Wood Burning Stove
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Living Room
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Bedroom Suite
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09192622600100000

Community Details

Overview

  • Built by Bill Lane Const

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,616

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 6575
  • Homebuilder: Bill Lane Const
  • Owner Name L F Mi: Gee
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: soc to be 3.5% on the first $300,000 and 2.5% on remaining Co-listed with Sheryl Jahnel Iowa Realty Cedar Rapids
  • Year Built: 1992
  • Directions: I380 to Wright Bros Blvd, go east to property
  • L O1 Dues Paid: y
  • Amenities: Golf Course
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, Other, Gas, Wood Burning Stove
  • Interior R: Bookcases, Cable Available, Ceiling-9+ ft, Ceilings-Trey, Foyer-Entrance, Foyer-2 Story, Rear Stairs, Skylight, Wet Bar, Whirlpool
  • Kitchen Breakfast R: Breakfast Bar, Country Kitchen, Island, Pantry
  • Lot Description R: 5+ Acres, Golf Course, Private Backyard
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: ULTIMATE DISTINCTIVE FAMILY HOME IN CONVENIENT LOCATION CLOSE TO GOLF COURSE, AIRPORT, AND I-380 WITH EXTRAODINARY VIEW OF COUNTRYSIDE AND PRIVACY. IMPRESSIVE HIGH CEILINGS SKYLIGHTS AND VAULTS. EXCEPTIONAL LARGE ROOMS FOR ENTERTAINING AND EVERYDAY LIVING. WALKOUT LL TO SEPARATE GARAGE ENTRANCE. MOTHER-IN-LAW QUARTERS. EVERYTHING YOU EXPECT AND MORE! Offers are contingent upon and subject to survey split. This property may be purchased with 35 acres for $1,015,000. MLS 20131195. Taxes to be determined
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Icemaker Line, Microwave, Wall Oven, Range/Oven, Refrigerator
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 4575
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Number of Main Level Half Bathrooms: 2
  • Bedrooms: 4
  • Total Bathrooms: 6
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 2000
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Upper
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic, Water Softener (Owned)
  • Heating Cooling: Propane, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm
  • High School: College Comm
  • Jr Middle School: College Comm
  • Elementary School: College Comm

Lot Info

  • Acreage: 5
  • Geo Subdivision: IA

Tax Info

  • Assessor Parcel Number: 09192622600100000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Apr 10, 2015
Sold by
Gee Belinda G and Gee Daniel D
Bought by
Lee Nicole A and Lee Ryan R
Seller's Agent
Bonnie Tiernan
Realty87
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$625,000
Sold Price
$520,000
Premium/Discount to List
-$105,000
-16.8%
Current Estimated Value
$858,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,295
Avg. Annual Appreciation
4.89%
Original Mortgage
$416,000
Outstanding Balance
$320,593
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$537,702
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
Lee Nicole A $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Nicole A $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $520,000 -16.8% $79 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $625,000 -- $95 / 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 $9,616 $779,200 $110,500 $668,700
2024 $9,378 $774,100 $110,500 $663,600
2023 $9,378 $759,100 $110,500 $648,600
2022 $9,254 $628,300 $110,500 $517,800
2021 $9,760 $628,300 $110,500 $517,800
2020 $9,760 $620,500 $67,300 $553,200
2019 $9,124 $620,500 $67,300 $553,200
2018 $8,862 $584,900 $67,300 $517,600
2017 $0 $535,400 $67,300 $468,100
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20145312

Iowa City Area Association of REALTORS®

APN: 19262-26004-00000