NOT LISTED FOR SALE

2600 Lancelot Ln NW Cedar Rapids, IA 52405

Estimated Value: $428,172 - $588,000

4 Beds
3.5 Baths
3,763 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $415,000 $110 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,403/month

5 Days on Market

Highlights

  • Heated Floors
  • Fireplace in Primary Bedroom
  • Recreation Room
  • John F. Kennedy High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of May 2018

Historic and beautifully restored Craftsman home on estate-type/in-town wooded acreage. A South-facing covered
front porch runs the length of this one of a kind home with unparalleled Arts & Crafts detail. Built like a rock,
character & history blend together for today's living. The custom kitchen opens into the National award-winning addition
with nook dining and family room featuring Bose surround sound, period tile, box beam ceiling, and fireplace/built-ins.
High-end and hand-forged custom lighting, both interior & exterior. Updated and zoned HVAC, plus in floor heat.
Main floor laundry & office, formal dining & living. Updated baths with marble tile & counter, subway tiled walls.
Nearly 2 wooded acres offers privacy & wildlife.....an in-town retreat just minutes from everything! Square footage
includes main floor laundry finish, lower level game room, and excludes potential 2nd lower level game/exercise room. Nestled in an excellent neighborhood, having been developed from the home's original 100 acres; it is situated so
that amenities and all areas of town are easily accessible. The home's rich history is integral to
and offers a glimpse into the past development of Cedar Rapids, yet offers all the amenities for today's living. There is a very good reason why this home has been rarely available! Make it yours today!

Last Listed By

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 03/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,508

Year Built

  • 1914

Lot Details

  • 1.77 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Wooded Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Sound System
  • Electric Fireplace
  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Heated Floors
  • Home Security System
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor

Basement

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

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,508

Year Built

1914

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 1.7700
  • Above Grade Finished Sq Ft: 3211
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 7508
  • List User Cell Phone: 319-361-3881
  • Low Lvl Fin Sq Ft: 552
  • Miscellaneous: Cable Ready, Deck, Fencing, Heated Flooring, Patio, Security System, Sound System
  • Net Tax: 7332
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97647
  • Ratio Close Price By Original Li: 0.97647
  • Ratio Current Price By Sq Ft: 129.24
  • Total Sq Ft: 3763
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Great Room, Living Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Electric, Gas, Living Room, Main/Primary Bedroom
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac, In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 3 Cars, Detached
  • Garage Size: 3 Car

Utilities

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

Schools

  • Elementary School: Madison
  • Middle School: Roosevelt
  • High School: Kennedy

Lot Info

  • Lot Size: 1.77 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 15, 2018
Sold by
Schubert Anthony E and Schubert Laurette M
Bought by
Brown Aaron R and Brown Deidre A
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Robert Stiles
Pinnacle Realty LLC
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Total Days on Market
5
Current Estimated Value
$498,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,543
Avg. Annual Appreciation
2.29%
Original Mortgage
$394,250
Interest Rate
4.4%
Mortgage Type
New Conventional

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
Brown Aaron R $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Aaron R $77,594
Closed Brown Aaron R $77,250
Open Brown Aaron R $385,000
Closed Brown Aaron R $394,250
Previous Owner Schubert Anthony E $193,500
Previous Owner Schubert Anthony E $193,500
Previous Owner Schubert Anthony E $800,000
Previous Owner Schubert Anthony E $270,000
Previous Owner Schubert Anthony E $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $415,000 -2.4% $110 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $425,000 -- $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
2023 $7,512 $373,200 $64,600 $308,600
2022 $7,356 $356,200 $64,600 $291,600
2021 $8,896 $355,100 $94,700 $260,400
2020 $8,896 $403,200 $94,700 $308,500
2019 $7,566 $351,000 $94,700 $256,300
2018 $7,174 $351,000 $94,700 $256,300
2017 $7,219 $344,700 $94,700 $250,000
2016 $7,219 $339,600 $94,700 $244,900
2015 $6,843 $321,604 $94,650 $226,954
2014 $6,658 $310,923 $94,650 $216,273
2013 $6,288 $310,923 $94,650 $216,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1801540

Cedar Rapids Area Association of REALTORS®

APN: 14193-76014-00000