NOT LISTED FOR SALE

2500 Lori Dr SW Cedar Rapids, IA 52404

Estimated Value: $190,000 - $247,621

3 Beds
2 Baths
1,527 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $220,000 $144 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,505/month

8 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Junction City Elementary School Rated A
  • 2 Car Detached Garage
  • Patio

About This Home

As of May 2024

Nestled in the highly sought-after southwest side of Cedar Rapids, this welcoming ranch home effortlessly combines comfort and convenience. Boasting 3 bedrooms on the main level and an additional non-conforming bedroom downstairs, there's ample room for family living or hosting guests. Step inside to discover a luminous and spacious living area, ideal for both unwinding and hosting gatherings. The well-appointed kitchen is a chef's dream, featuring modern appliances and generous counter space for meal preparation. With two full bathrooms, mornings flow smoothly for busy households, while the fenced-in yard is perfect for outdoor leisure and recreation. Parking is a breeze with the attached two-stall garage, providing both security and storage solutions. Don't let this opportunity slip away—schedule a showing today and immerse yourself in the comfort and convenience of this charming Cedar Rapids home

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 03/08/2024

Realty87

Last Buyer's Agent

Breckin Meyer

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,967

Year Built

  • 1977

Lot Details

  • 9,540 Sq Ft Lot
  • Lot Dimensions are 70 x 136
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,967

Year Built

1977

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2190
  • Above Grade Finished Sq Ft: 1015
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3967
  • List User Cell Phone: 319-270-1323
  • Low Lvl Fin Sq Ft: 512
  • Miscellaneous: Deck, Fencing, Patio, Storage Shed
  • Net Tax: 3780
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95694
  • Ratio Close Price By Original Li: 0.95694
  • Ratio Current Price By Sq Ft: 216.75
  • Total Sq Ft: 1527
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Heated Garage
  • Garage Size: 2 Car

Utilities

  • Heating Cooling: Central Air, Garage Heater/Furnace, Gas Heat

Lot Info

  • Lot Size: 70 X 136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 15, 2024
Sold by
Mclean Kyle Michelle and Daekaree Justice
Bought by
Kriegermeier Alan
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Breckin Meyer
Realty87
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
Views
92
Current Estimated Value
$226,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,155
Avg. Annual Appreciation
1.84%
Original Mortgage
$226,773
Outstanding Balance
$223,134
Interest Rate
6.82%
Mortgage Type
VA
Estimated Equity
$3,021

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jul 16, 2022
Sold by
Letts Barbara M and Letts Joshua L
Bought by
Mclean Daekaree Justice Alex and Mclean Kylie Michelle
Seller's Agent
Jeff Tackaberry
Home Navigator Real Estate
Buyer's Agent
Kayla Fisher
Lepic-Kroeger, REALTORS
List Price
$194,900
Sold Price
$211,000
Premium/Discount to List
$16,100
8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$21,100
Interest Rate
4.75%

Purchase Details

Listed on
Mar 23, 2020
Closed on
Apr 28, 2020
Sold by
Montague Valerie L and Montague Brown J
Bought by
Letts Barbara M and Letts Joshua L
Seller's Agent
Heather Morris
SKOGMAN REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$172,500
Sold Price
$173,000
Premium/Discount to List
$500
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$145,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2012
Sold by
Anderson Jason M and Anderson Lisa M
Bought by
Montague Valerie L and Montague Brown J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2006
Sold by
Casey Michael and Casey Michele
Bought by
Sperfslage Alan R and Sperfslage Lori S

Purchase Details

Closed on
Feb 24, 2003
Sold by
Stober Michael E and Stober Catherine S
Bought by
Anderson Jason M and Anderson Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
6.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kriegermeier Alan $222,000 None Listed On Document
Kriegermeier Alan $222,000 None Listed On Document
Mclean Daekaree Justice Alex $211,000 None Listed On Document
Letts Barbara M $173,000 None Available
Montague Valerie L $154,000 None Available
Sperfslage Alan R -- None Available
Anderson Jason M $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kriegermeier Alan $226,773
Closed Kriegermeier Alan $226,773
Previous Owner Mclean Daekaree Justice Alex $21,100
Previous Owner Mclean Daekaree Justice Alex $189,900
Previous Owner Letts Barbara M $145,000
Previous Owner Montague Valerie L $143,450
Previous Owner Anderson Jason M $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $220,000 -4.3% $144 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $229,900 +9.0% $151 / Sq Ft
07/22/2022 07/22/22 Sold $211,000 +8.3% $138 / Sq Ft View Prior Sale
05/24/2022 05/24/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $194,900 +12.7% $128 / Sq Ft
05/01/2020 05/01/20 Sold $173,000 +0.3% $113 / Sq Ft View Prior Sale
03/23/2020 03/23/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $172,500 -- $113 / 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
2025 $3,772 $220,200 $46,000 $174,200
2024 $3,780 $226,600 $38,900 $187,700
2023 $3,780 $213,200 $37,100 $176,100
2022 $3,504 $188,100 $37,100 $151,000
2021 $3,090 $178,100 $33,600 $144,500
2020 $3,090 $148,600 $28,300 $120,300
2019 $2,958 $137,200 $28,300 $108,900
2018 $2,876 $137,200 $28,300 $108,900
2017 $2,784 $127,800 $28,300 $99,500
2016 $2,716 $127,800 $28,300 $99,500
2015 $2,816 $132,315 $28,280 $104,035
2014 $2,816 $132,315 $28,280 $104,035
2013 $2,756 $132,315 $28,280 $104,035
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Trenkamp

    Seller's Agent in 2024

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    821 Total Sales

    Jeremy Trenkamp
    Section Image

  • B

    Buyer's Agent in 2024

    Breckin Meyer

    Realty87

    (319) 432-9904

    76 Total Sales

    Breckin Meyer
    Section Image
  • Jeff Tackaberry

    Seller's Agent in 2022

    Jeff Tackaberry

    Home Navigator Real Estate

    (319) 430-5207

    102 Total Sales

    Jeff Tackaberry
    Section Image

  • V

    Seller Co-Listing Agent in 2022

    Valeria Ramos

    Home Navigator Real Estate

    Section Image
  • Kayla Fisher

    Buyer's Agent in 2022

    Kayla Fisher

    Lepic-Kroeger, REALTORS

    (319) 471-2333

    89 Total Sales

    Kayla Fisher
    Section Image
  • Heather Morris

    Seller's Agent in 2020

    Heather Morris

    SKOGMAN REALTY

    (319) 366-6427

    422 Total Sales

    Heather Morris
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2401528

Cedar Rapids Area Association of REALTORS®

APN: 14314-28019-00000

Iowa Linn County Cedar Rapids 52404

2500 Lori Dr SW, Cedar Rapids, IA

Not Listed for Sale

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