NOT LISTED FOR SALE

2620 Lancelot Ln NW Cedar Rapids, IA 52405

Estimated Value: $313,000 - $364,000

3 Beds
3 Baths
2,655 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $305,000 $115 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,149/month

About This Home

As of July 2022

This home is located at 2620 Lancelot Ln NW, Cedar Rapids, IA 52405 since 15 July 2022 and is currently estimated at $331,932, approximately $125 per square foot. This property was built in 1992. 2620 Lancelot Ln NW is a home located in Linn County with nearby schools including Kentucky Tech - Ashland Reg Tech Center, Ponderosa Elementary School, and Madison Elementary School.

Last Buyer's Agent

Jennifer Jacobs

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,951

Year Built

  • 1992

Lot Details

  • 0.28 Acre Lot

Home Design

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,951

Year Built

1992

Lot Details

0

Listing Details

  • Acres: 0.2800
  • Above Grade Finished Sq Ft: 1604
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 4951
  • Low Lvl Fin Sq Ft: 1051
  • Net Tax: 4764
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 190.15
  • Total Sq Ft: 2655
  • Transaction Type: Fsbo
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Basement: Yes
  • Full Bathrooms: 3
  • Master Bedroom Level: Level 1

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Jul 13, 2022
Sold by
Los Compadres Ii Inc
Bought by
Kalunga Juma and Ebame Nyota
Buyer's Agent
Jennifer Jacobs
RE/MAX CONCEPTS
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$331,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,932
Avg. Annual Appreciation
2.51%
Original Mortgage
$299,475
Outstanding Balance
$284,916
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$47,016

Purchase Details

Closed on
Aug 13, 2011
Sold by
Hale Michael and Hale Donna
Bought by
Koch Ryan and Koch Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2007
Sold by
Moorman Robert C and Moorman Tara A
Bought by
Hale Michael and Hale Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,670
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Kalunga Juma $305,000 None Listed On Document
Koch Ryan $191,500 None Available
Hale Michael $198,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalunga Juma $299,475
Previous Owner Koch Ryan $172,800
Previous Owner Hale Michael $188,670
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $305,000 0.0% $115 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $305,000 -- $115 / 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 $4,898 $282,300 $57,400 $224,900
2024 $4,662 $301,800 $53,400 $248,400
2023 $4,662 $276,800 $49,500 $227,300
2022 $4,578 $221,000 $41,600 $179,400
2021 $4,806 $221,000 $41,600 $179,400
2020 $4,806 $217,800 $31,700 $186,100
2019 $4,442 $206,100 $31,700 $174,400
2018 $4,320 $206,100 $31,700 $174,400
2017 $4,088 $195,600 $31,700 $163,900
2016 $4,088 $192,300 $31,700 $160,600
2015 $4,026 $189,156 $31,659 $157,497
2014 $4,026 $181,745 $31,659 $150,086
2013 $3,784 $181,745 $31,659 $150,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2308089

Cedar Rapids Area Association of REALTORS®

APN: 14193-76008-00000

Iowa Linn County Cedar Rapids 52405

2620 Lancelot Ln NW, Cedar Rapids, IA

Not Listed for Sale

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