NOT LISTED FOR SALE

2550 Indian Hill Rd Cedar Rapids, IA 52403

Estimated Value: $533,000 - $556,550

4 Beds
2.5 Baths
3,990 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $432,500 $108 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,383/month

41 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Great Room
  • Recreation Room
  • Ranch Style House
  • Formal Dining Room

About This Home

As of September 2018

This home has been completely transformed, boasting an open concept floorplan, brand new kitchen, flooring, baths, lighting, landscaping, etc. Luxury, style, value and location. This home truly has it all. Really must see to appreciate!

Last Agent to Sell the Property

Melinda Muller

SKOGMAN REALTY Listed on: 07/10/2018

Last Buyer's Agent

Lorraine Bowans

RE/MAX AFFILIATES

RE/MAX AFFILIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,912

Year Built

  • 1975

Lot Details

  • 1.17 Acre Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Recreation Room
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,912

Year Built

1975

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.1700
  • Above Grade Finished Sq Ft: 2880
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 5912
  • List User Cell Phone: 319-270-1819
  • Low Lvl Fin Sq Ft: 1110
  • Miscellaneous: 3 Seasons, Cable Ready, Deck, Patio
  • Net Tax: 5762
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94042
  • Ratio Close Price By Original Li: 0.94042
  • Ratio Current Price By Sq Ft: 150.17
  • Total Sq Ft: 3990
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 4
  • Fireplace Features: Built In, Family Room, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg, Wooded

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 1.17 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 20, 2018
Sold by
Rohrssen Ron and Watts Rebecca
Bought by
Villhauer Lucas J and Villhauer Athena B
Seller's Agent
Melinda Muller
SKOGMAN REALTY
Buyer's Agent
Lorraine Bowans
RE/MAX AFFILIATES
List Price
$459,900
Sold Price
$432,500
Premium/Discount to List
-$27,400
-5.96%
Current Estimated Value
$544,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,888
Avg. Annual Appreciation
3.34%
Original Mortgage
$410,875
Outstanding Balance
$306,579
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$237,809

Purchase Details

Listed on
Aug 16, 2017
Closed on
Nov 22, 2017
Sold by
Coffey Joshua O and Kaufman Mary
Bought by
Rohrssen Ron and Watts Rebecca
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Melinda Muller
SKOGMAN REALTY
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.04%
Original Mortgage
$505,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Villhauer Lucas J $432,500 None Available
Rohrssen Ron $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villhauer Lucas J $410,875
Previous Owner Rohrssen Ron $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $432,500 -6.0% $108 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $459,900 +84.0% $115 / Sq Ft
11/27/2017 11/27/17 Sold $250,000 -16.6% $63 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $299,900 -- $75 / 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 $6,090 $599,200 $83,200 $516,000
2024 $6,572 $537,700 $83,200 $454,500
2023 $6,572 $537,700 $83,200 $454,500
2022 $6,490 $480,200 $83,200 $397,000
2021 $6,808 $480,200 $83,200 $397,000
2020 $6,808 $466,000 $66,400 $399,600
2019 $4,378 $300,000 $66,400 $233,600
2018 $5,926 $300,000 $66,400 $233,600
2017 $5,926 $394,500 $66,400 $328,100
2016 $5,743 $394,500 $66,400 $328,100
2015 $5,790 $394,500 $66,400 $328,100
2014 $5,662 $394,500 $66,400 $328,100
2013 $5,530 $394,500 $66,400 $328,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Melinda Muller

    SKOGMAN REALTY

  • Lorraine Bowans

    Buyer's Agent in 2018

    Lorraine Bowans

    RE/MAX

    (319) 331-5032

    46 Total Sales

    Lorraine Bowans
    Section Image

  • P

    Seller's Agent in 2017

    Penny Novak

    SKOGMAN REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1804859

Cedar Rapids Area Association of REALTORS®

APN: 14132-52017-00000

Iowa Linn County Cedar Rapids 52403

2550 Indian Hill Rd, Cedar Rapids, IA

This home is located at 2550 Indian Hill Rd, Cedar Rapids, IA 52403 since 10 July 2018 and is currently estimated at $544,388, approximately $136 per square foot. This property was built in 1975. 2550 Indian Hill Rd is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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