NOT LISTED FOR SALE

2500 Wagon Trail Rd Cedar Rapids, IA 52403

Estimated Value: $1,068,000 - $1,498,000

3 Beds
5 Baths
7,537 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $950,000 $126 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,833/month

324 Days on Market

Highlights

  • Gated Community
  • Fireplace in Kitchen
  • Wooded Lot
  • Heated Floors
  • Deck
  • Vaulted Ceiling

About This Home

As of April 2019

WELL over $2+ M invested and now $979,900 !!!The impeccable details and masterful craftsmanship make this home an art piece! The all brick and steel construction adds to the quality construction and the incredible " one of a kind" design. The home offers volume ceilings, the warmth of wood floors and the beauty of custom, custom millwork designs. The oversized kitchen and hearth room feature an updated kitchen featuring beautiful South African Anigre wood custom cabinets, plus 8 burner commercial grade Thermador gas cooktop, Décor custom built hood, Thermador double ovens, warming drawer and a Gaggenau pizza oven! This magnificent room opens onto one of the 3 screened porches and the multi level maintenance free deck and rails. The master suite is a retreat, in the truest sense! The room includes an abundance of windows, detailed molding and lighting, private porch, DREAM walk in closet and Mbath w/ $125 K remodel. Amazing

Last Listed By

Jane Glantz

SKOGMAN REALTY Listed on: 01/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,717

Year Built

  • 2000

Lot Details

  • 4.2 Acre Lot
  • Cul-De-Sac
  • Irrigation
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding
  • Metal Construction or Metal Frame

Interior Spaces

  • 2-Story Property
  • 1.75 Story Property
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace
  • Heated Floors
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Built by Duvall

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,717

Year Built

2000

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Style: 1.75 Story, 2 Stories
  • Acres: 4.2000
  • Above Grade Finished Sq Ft: 4530
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.20
  • Lower Level Bedroom: 2
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 16717
  • List User Cell Phone: 319-551-3600
  • Low Lvl Fin Sq Ft: 3007
  • Miscellaneous: Cable Ready, Deck, Heated Flooring, Irrigation System, Patio, Satellite Dish, Screen Porch, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 16590
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96949
  • Ratio Close Price By Original Li: 0.91355
  • Ratio Current Price By Sq Ft: 209.71
  • Total Sq Ft: 7537
  • Water Sewer Roads: City Water, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Trash Compactor, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bedrooms Level 2: 1
  • Fireplace Features: Built In, Gas, Great Room, Kitchen, Rec Room
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac, Gated Community, In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame, Metal Frame
  • Exterior: Aluminum, Brick, Partial Stone

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Heated Garage

Utilities

  • Heating Cooling: Central Air, Gas Heat, Hot Water Heat

Condo/Co-op/Association

  • Association Fee: 500
  • Association: Yes

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 4.2 Acres

Building Info

  • Builder Name: Duvall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Lee Chong C and Yon Hwa
Bought by
Chong C Lee Trust
Total Days on Market
324
Current Estimated Value
$1,318,755

Purchase Details

Listed on
Jan 23, 2018
Closed on
Mar 28, 2019
Sold by
Myers David E and Myers Tammy A
Bought by
Lee Chong C and Lee Hwa Yon
Seller's Agent
Jane Glantz
SKOGMAN REALTY
Buyer's Agent
Sara Vancura
SKOGMAN REALTY
List Price
$1,039,900
Sold Price
$950,000
Premium/Discount to List
-$89,900
-8.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$807,500
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2005
Sold by
Sawyers John R and Sawyers Julanne Y
Bought by
Myers David E and Myers Tammy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2000
Sold by
Sawyers John R and Sawyers Julanne Y
Bought by
Sawyers Julanne Y

Purchase Details

Closed on
Nov 8, 1998
Sold by
Northfork
Bought by
Sawyers John R and Sawyers Julanne Y

Purchase Details

Closed on
Dec 2, 1997
Sold by
Arp Regis L and Arp Barbara R
Bought by
Arp Thomas J and Arp James J

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
Chong C Lee Trust -- None Listed On Document
Lee Chong C $950,000 None Available
Myers David E $1,324,500 --
Sawyers Julanne Y -- --
Sawyers John R $229,500 --
Arp Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chong C Lee Trust $449,000
Previous Owner Lee Chong C $647,000
Previous Owner Lee Chong C $97,000
Previous Owner Lee Chong C $812,300
Previous Owner Lee Chong C $807,500
Previous Owner Myers David E $222,200
Previous Owner Myers David E $450,000
Previous Owner Myers David E $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $950,000 -3.1% $126 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
10/17/2018 10/17/18 Price Changed $979,900 -1.9% $130 / Sq Ft
08/22/2018 08/22/18 Price Changed $998,900 -3.0% $133 / Sq Ft
06/29/2018 06/29/18 Price Changed $1,029,900 -1.0% $137 / Sq Ft
01/23/2018 01/23/18 For Sale $1,039,900 -- $138 / 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 $17,322 $1,627,700 $182,000 $1,445,700
2022 $17,110 $1,251,300 $182,000 $1,069,300
2021 $17,942 $1,251,300 $182,000 $1,069,300
2020 $17,942 $1,209,700 $182,000 $1,027,700
2019 $16,218 $1,119,800 $182,000 $937,800
2018 $15,852 $1,119,800 $182,000 $937,800
2017 $16,275 $1,118,100 $182,000 $936,100
2016 $16,275 $1,118,100 $182,000 $936,100
2015 $16,408 $1,118,100 $182,000 $936,100
2014 $16,280 $1,118,100 $182,000 $936,100
2013 $15,908 $1,118,100 $182,000 $936,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1800486

Cedar Rapids Area Association of REALTORS®

APN: 14131-26008-00000