NOT LISTED FOR SALE

2703 Iris Ave NW Cedar Rapids, IA 52405

Estimated Value: $279,000 - $308,000

3 Beds
3 Baths
2,712 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $276,000 $102 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,974/month

2 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 2 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of May 2023

Welcome to this stunning ranch-style home in the highly sought-after Sherwood Forest neighborhood! With over 2700 sq. ft. of finished living space, this spacious home boasts 3 bedrooms and 3 bathrooms - perfect for families or those who love to entertain.

Step inside and be greeted by a fresh, newer white kitchen with quartz countertops, ideal for cooking up a storm or hosting a dinner party. The master bathroom has been updated, providing a luxurious and relaxing space for you to unwind after a long day.

The wood floors throughout the home add warmth and character, while the family room with wood-burning fireplace is the perfect spot to gather with loved ones. The finished basement with large windows with southern exposure floods the space with natural light, creating a warm and inviting atmosphere. The lower level also features a bonus room with closets and bathroom access - this household used it as a guest room for short term guests. There is also a very large storage room complete with shelving.

Enjoy your morning coffee on the covered front porch or host a summer BBQ on the deck overlooking the lush backyard. The seller has added gorgeous landscaping with perennials, providing a beautiful and serene outdoor space.

Located in a top-notch neighborhood, this home offers both comfort and style in one of the most desirable areas around. Don't miss out on the opportunity to make this house your dream home - schedule a showing today!
The average electric $103/month and natural gas: $45/month. Buyer should verify the finished sq. ft.

Last Listed By

Jill Monnahan

SKOGMAN REALTY Listed on: 03/22/2023

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,300

Year Built

  • 1985

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x112

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,300

Year Built

1985

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2000
  • Above Grade Finished Sq Ft: 1526
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4300
  • List User Cell Phone: 319-981-1409
  • Low Lvl Fin Sq Ft: 1186
  • Miscellaneous: Deck
  • Net Tax: 4115
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00364
  • Ratio Close Price By Original Li: 1.00364
  • Ratio Current Price By Sq Ft: 180.87
  • Total Sq Ft: 2712
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Family, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Family Room, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 506

Utilities

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

Schools

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

Lot Info

  • Lot Size: 80x112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 26, 2023
Sold by
Castranova Michael Chevy and Castranova Metisa K
Bought by
Reinert Matthew D and Reinert Andrea R
Seller's Agent
Jill Monnahan
SKOGMAN REALTY
Buyer's Agent
Matt Smith
RE/MAX CONCEPTS
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
Total Days on Market
2
Views
37
Current Estimated Value
$289,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,576
Avg. Annual Appreciation
2.52%
Original Mortgage
$220,800
Outstanding Balance
$215,867
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$73,709

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jun 25, 2013
Sold by
Nelson Michael D and Nelson Christy R
Bought by
Castranova Michael Chevy and Williams Melisa K
Seller's Agent
Sheryl And Tom Phelps
COLDWELL BANKER HEDGES
Buyer's Agent
Emily Prahm
RE/MAX CONCEPTS
List Price
$183,500
Sold Price
$181,500
Premium/Discount to List
-$2,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$145,200
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Jurgensmeier Kurt A and Jurgensmeier Brenda A
Bought by
Nelson Michael D and Nelson Christy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2001
Sold by
Genners Brad N and Genners Darcy A
Bought by
Jurgensmeier Kurt A and Jurgensmeier Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
6.95%

Purchase Details

Closed on
May 4, 1999
Sold by
Tilson Michael J and Tilson Gloria K
Bought by
Genners Brad N and Genners Darcy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,875
Interest Rate
7.04%

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
Reinert Matthew D $276,000 None Listed On Document
Castranova Michael Chevy $181,500 None Available
Nelson Michael D $171,500 --
Jurgensmeier Kurt A $162,000 --
Genners Brad N $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinert Matthew D $220,800
Previous Owner Castranova Michael Chevy $145,200
Previous Owner Nelson Michael D $132,000
Previous Owner Nelson Michael D $34,000
Previous Owner Nelson Michael D $37,000
Previous Owner Nelson Michael D $157,951
Previous Owner Nelson Michael D $163,400
Previous Owner Jurgensmeier Kurt A $38,500
Previous Owner Jurgensmeier Kurt $139,000
Previous Owner Jurgensmeier Kurt A $151,500
Previous Owner Genners Brad N $133,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $276,000 +0.4% $102 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $275,000 +51.5% $101 / Sq Ft
06/25/2013 06/25/13 Sold $181,500 -1.1% $67 / Sq Ft
05/11/2013 05/11/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $183,500 -- $68 / 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 $4,336 $231,700 $47,500 $184,200
2022 $4,260 $205,600 $39,900 $165,700
2021 $4,472 $205,600 $39,900 $165,700
2020 $4,472 $202,700 $30,400 $172,300
2019 $4,134 $191,800 $30,400 $161,400
2018 $4,020 $191,800 $30,400 $161,400
2017 $3,730 $178,500 $30,400 $148,100
2016 $3,730 $175,500 $30,400 $145,100
2015 $3,634 $170,797 $30,400 $140,397
2014 $3,634 $164,190 $30,400 $133,790
2013 $3,418 $164,190 $30,400 $133,790
Source: Public Records

Agents Affiliated with this Home

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301804

Cedar Rapids Area Association of REALTORS®

APN: 14193-05004-00000