NOT LISTED FOR SALE

2916 Indian Hill Rd Cedar Rapids, IA 52403

Estimated Value: $483,000 - $520,467

5 Beds
2.5 Baths
3,910 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $470,000 $120 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,164/month

101 Days on Market

Highlights

  • Deck
  • Hilly Lot
  • Wooded Lot
  • Contemporary Architecture
  • Recreation Room
  • Vaulted Ceiling

About This Home

As of July 2024

Now priced over $50,000 below assessed value for immediate sale! Embark on a tour and revel in the splendor of this custom-designed residence by Leo Clement Peiffer, constructed in 2004 and spanning over 3900 square feet. Offering breathtaking panoramic views and unparalleled privacy, this home features five bedrooms, 2.5 baths, and a spacious gourmet kitchen with a huge breakfast bar, granite countertops, and soaring ceilings. The expansive living and dining areas boast exquisite Eucalyptus flooring, adding a touch of beauty and elegance to the space. Ideal for those who appreciate luxurious living, the property sits on a 1.23-acre wooded lot, providing tranquility with nature visible from every window. Experience the serenity of every season without the need for window coverings, and unwind on one of the many porches, including multiple screened/3 season’s rooms. Located in a quiet, yet convenient location, this home offers a perfect escape from the hustle and bustle of city life . Boasting two large living rooms and a unique 22ft x 21ft billiard room or man cave, you'll find it hard to leave the comforts of this abode. Numerous upgrades include new flooring on the main level (tile, carpet, and hardwood), high-end fixtures and finishes, and stone countertops in the kitchen and full baths, not to mention extensive exterior landscaping and fire pit area. Additional garage plans if desired are available.

Last Agent to Sell the Property

Curtis Cleveland

Realty87 Listed on: 01/24/2024

Realty87

Last Buyer's Agent

Jenna Burt-Top Tier Home Team

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,234

Year Built

  • 2004

Lot Details

  • 1.23 Acre Lot
  • Hilly Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Built by Leo Pfeiffer

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,234

Year Built

2004

Lot Details

0

Listing Details

  • Style: Contemporary, Ranch
  • Acres: 1.2300
  • Above Grade Finished Sq Ft: 1699
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 3
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 5234
  • List User Cell Phone: 319-360-0708
  • Low Lvl Fin Sq Ft: 2211
  • Miscellaneous: Cable Ready, Deck, Patio, Vaulted Ceiling
  • Net Tax: 5110
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97917
  • Ratio Close Price By Original Li: 0.94949
  • Ratio Current Price By Sq Ft: 276.63
  • Total Sq Ft: 3910
  • Taxable Value Tv: 534200.00
  • Water Sewer Roads: City Water, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 3 Seasons, Family Room, Great Room, Living Room, Rec Room, Screen Porch
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Great Room, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Hilly, Walk Out, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Forced Air, Garage Heater/Furnace, Gas Heat

Schools

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

Lot Info

  • Lot Size: 1.23 acre

Building Info

  • Builder Name: Leo Pfeiffer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Jun 19, 2024
Sold by
Drahozal Joseph M
Bought by
Marshall Colleen and Marshall Eric
Seller's Agent
Curtis Cleveland
Realty87
Buyer's Agent
Jenna Burt-Top Tier Home Team
Keller Williams Legacy Group
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%
Views
246
Current Estimated Value
$501,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,617
Avg. Annual Appreciation
5.77%
Original Mortgage
$423,000
Outstanding Balance
$417,445
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$84,172

Purchase Details

Listed on
Jun 13, 2018
Closed on
Oct 29, 2018
Sold by
Dills Jeffrey S and Dills Laurie N
Bought by
Drahozal Joseph M and Drahozal Kelly S
Seller's Agent
Deb Witter
Realty87
Buyer's Agent
Bob Lynch
Realty87
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Apr 6, 2009
Sold by
Allard Steven R and Allard Connie J
Bought by
Allard Steven R and Allard Connie J

Purchase Details

Closed on
Dec 13, 2007
Sold by
Hill Sharon V
Bought by
Allard Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,017
Interest Rate
6.31%
Mortgage Type
Purchase Money 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
Marshall Colleen $470,000 None Listed On Document
Drahozal Joseph M $365,000 None Available
Allard Steven R -- None Available
Allard Steven R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Colleen $423,000
Previous Owner Allard Steven R $261,017
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $470,000 -2.1% $120 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $480,000 -3.0% $123 / Sq Ft
01/24/2024 01/24/24 For Sale $495,000 +35.6% $127 / Sq Ft
11/13/2018 11/13/18 Sold $365,000 -2.7% $93 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/05/2018 10/05/18 Price Changed $375,000 -1.1% $96 / Sq Ft
08/14/2018 08/14/18 Price Changed $379,000 -2.6% $97 / Sq Ft
07/06/2018 07/06/18 Price Changed $389,000 -2.5% $99 / Sq Ft
06/13/2018 06/13/18 For Sale $399,000 +24.7% $102 / Sq Ft
04/03/2017 04/03/17 Sold $320,000 -4.2% $99 / Sq Ft
03/11/2017 03/11/17 Pending -- -- --
09/07/2016 09/07/16 For Sale $333,900 -- $104 / 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 $6,050 $520,000 $83,200 $436,800
2024 $5,110 $534,200 $83,200 $451,000
2023 $5,110 $534,200 $83,200 $451,000
2022 $5,048 $375,400 $83,200 $292,200
2021 $5,254 $375,400 $83,200 $292,200
2020 $5,254 $361,600 $66,800 $294,800
2019 $4,512 $309,200 $66,800 $242,400
2018 $4,412 $309,200 $66,800 $242,400
2017 $4,386 $305,500 $66,800 $238,700
2016 $4,399 $305,500 $66,800 $238,700
2015 $4,434 $305,500 $66,800 $238,700
2014 $4,306 $305,500 $66,800 $238,700
2013 $4,204 $305,500 $66,800 $238,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2400512

Cedar Rapids Area Association of REALTORS®

APN: 14123-79009-00000