NOT LISTED FOR SALE

2703 Old Orchard Ct NE Cedar Rapids, IA 52402

Estimated Value: $966,590 - $1,086,000

4 Beds
3.5 Baths
5,196 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $760,000 $146 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,118/month

86 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wooded Lot
  • John F. Kennedy High School Rated A-
  • Recreation Room
  • Great Room

About This Home

As of October 2016

Situated directly above the Cedar River this executive home is perfect for buyers who desire a wooded retreat and stunning river views. This one of a kind in-town acreage features over 3 acres, extensive landscaping & views to the Cedar River. The interior of the home features an open floor plan with plenty of natural light & soaring ceilings. The walls of windows on all three levels offer spectacular views year around. The open kitchen offers access to the deck & screened porch. Directly off the kitchen is the living room with a wood burning fireplace stove that vents throughout the home. Master includes a sitting area, en-suite with a custom tile shower, Kohler overflow tub, & walk in closet. The walk out lower level is perfect for entertaining. Features include full bar, dining space, family room, exercise & gaming areas, full bath & heated floors.

Last Listed By

Mindi White

SKOGMAN REALTY Listed on: 06/01/2016

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,416

Year Built

  • 2003

Lot Details

  • 3.09 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Wooded Lot

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Sound System
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Home Security

  • Home Security System
  • Intercom

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Built by Sattler

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,416

Year Built

2003

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 3.0900
  • Above Grade Finished Sq Ft: 3706
  • 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: 16416
  • List User Cell Phone: 319-310-8502
  • Low Lvl Fin Sq Ft: 1490
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Intercom, Patio, Satellite Dish, Screen Porch, Security System, Sound System
  • Net Tax: 16416
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95119
  • Ratio Close Price By Original Li: 0.95119
  • Ratio Current Price By Sq Ft: 205.07
  • Total Sq Ft: 5196
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 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, Wood Burning, Living Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 9
  • Site Description: Cul-De-Sac, In-Town Acrg, Water Front, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached
  • Garage Size: 1135

Utilities

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

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • High School: Kennedy

Lot Info

  • Lot Size: Irregular

Building Info

  • Builder Name: Sattler

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Sep 30, 2016
Sold by
Cone Graig R
Bought by
Trovas Paul and Trovas Kristen
Seller's Agent
Mindi White
SKOGMAN REALTY
Buyer's Agent
Jill Monnahan
SKOGMAN REALTY
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Total Days on Market
86
Current Estimated Value
$1,029,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,530
Avg. Annual Appreciation
4.51%
Original Mortgage
$76,000
Interest Rate
3.54%

Purchase Details

Closed on
Feb 23, 2010
Sold by
Miner Elizabeth Anne
Bought by
Cone Graig R

Purchase Details

Closed on
Dec 22, 2008
Sold by
Cone Joseph R and Cone Donita R
Bought by
Cone Graig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Miner Mark E
Bought by
Cone Joseph R and Cone Donita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 8, 2002
Sold by
Bennett Linda K
Bought by
Miner Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,550
Interest Rate
5%

Purchase Details

Closed on
Feb 4, 2002
Sold by
Harrison Janis L and Harrison Robert L
Bought by
Miner Mark E and Bennett Linda K

Purchase Details

Closed on
Mar 7, 2001
Sold by
Goodlove Zella Mae and Goodlove Willard
Bought by
Central Foundation Inc

Purchase Details

Closed on
Apr 17, 1998
Sold by
Primus Inc
Bought by
Primus Construction Inc

Purchase Details

Closed on
May 4, 1992
Sold by
Garner Paul G and Garner Ferna M
Bought by
Garner Paul Glanville and Garner Ferna May

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
Trovas Paul -- None Available
Cone Graig R -- None Available
Cone Graig R $649,500 None Available
Cone Joseph R $749,500 None Available
Miner Mark E $74,500 --
Miner Mark E $184,500 --
Central Foundation Inc -- --
Primus Construction Inc -- --
Garner Paul Glanville -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trovas Kristen $128,500
Open Trovas Paul $621,500
Closed Trovas Kristen K $680,000
Closed Trovas Kristen $76,000
Previous Owner Cone Graig R $397,000
Previous Owner Cone Graig R $120,000
Previous Owner Cone Graig R $407,000
Previous Owner Cone Graig R $416,000
Previous Owner Cone Graig R $417,000
Previous Owner Cone Joseph R $600,000
Previous Owner Cone Joseph R $600,000
Previous Owner Miner Mark E $644,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $760,000 -4.9% $146 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $799,000 -- $154 / 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 $16,930 $859,600 $211,600 $648,000
2022 $16,066 $811,600 $211,600 $600,000
2021 $16,718 $784,500 $206,400 $578,100
2020 $16,718 $766,300 $206,400 $559,900
2019 $15,860 $744,300 $206,400 $537,900
2018 $15,418 $744,300 $206,400 $537,900
2017 $16,390 $752,600 $206,400 $546,200
2016 $16,400 $771,500 $206,400 $565,100
2015 $16,400 $766,629 $206,350 $560,279
2014 $16,312 $766,629 $206,350 $560,279
2013 $15,964 $766,629 $206,350 $560,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1605695

Cedar Rapids Area Association of REALTORS®

APN: 14083-52017-00000