NOT LISTED FOR SALE

2916 Old Orchard Rd NE Cedar Rapids, IA 52402

Estimated Value: $611,000 - $746,695

5 Beds
4.5 Baths
5,479 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $515,000 $94 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,858/month

120 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Vaulted Ceiling
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of October 2020

Truly the best value in Cedar Rapids! This custom built, 1 owner home, includes an 2 yr old roof, updated furnace, water heater and A/C. You'll love the spacious 2 story entry, views from great room w/ 17 ft plus ceilings , an abundance of windows and a wall of custom cherry built ins & gas fireplace ! The spacious kitchen w/ cherry cabinets, built in glass front display cabinets, double ovens, stainless appliances, granite, large breakfast bar, spacious eating area surrounded by wonderful windows over looking the private, park-like yard and French door to screened porch with maintenance free decking . Also includes TWO master suites, 1 on main floor & the other on the 2nd floor, formal dining, 1st flr office, 1st flr laundry w/ tons of storage/ lockers, 4 stall garage w/ drains, plumbed for heat,& a 5th stall in the LL w/ access from yard. Finished walkout LL includes full bar, theater area, 5tth BRM, 4th BTH. This home is immaculate!

Last Listed By

Jane Glantz

SKOGMAN REALTY Listed on: 05/12/2020

Home Details

Home Type

  • Single Family

Year Built

  • 2001

Lot Details

  • 0.51 Acre Lot
  • Fenced
  • Irrigation
  • Wooded Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

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

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Built by Scallon Homes

Home Details

Home Type

Single Family

Year Built

2001

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.5100
  • Above Grade Finished Sq Ft: 3635
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 4.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 12902
  • List User Cell Phone: 319-551-3600
  • Low Lvl Fin Sq Ft: 1844
  • Miscellaneous: Cable Ready, Deck, Fencing, Handicapped Features, Intercom, Irrigation System, Patio, Screen Porch, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 12718
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99058
  • Ratio Close Price By Original Li: 0.95388
  • Ratio Current Price By Sq Ft: 141.68
  • Total Sq Ft: 5479
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached

Utilities

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

Schools

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

Lot Info

  • Lot Size: .51 Acre

Building Info

  • Builder Name: Scallon Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Oct 7, 2020
Sold by
Kimberly Renee Hammer Revocable Inter Vi
Bought by
Patten Scott L and Patten Sharon Elizabeth
Seller's Agent
Jane Glantz
SKOGMAN REALTY
Buyer's Agent
Nicki Borchert
IOWA REALTY
List Price
$539,900
Sold Price
$515,000
Premium/Discount to List
-$24,900
-4.61%
Total Days on Market
120
Current Estimated Value
$684,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,174
Avg. Annual Appreciation
6.07%
Original Mortgage
$463,500
Outstanding Balance
$416,890
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$259,122

Purchase Details

Closed on
Jun 12, 2020
Sold by
Renee Hammer Kimberly and Inte Kimberly Renee
Bought by
Patten Scott L and Patten Sharon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2009
Sold by
Hammer Kimberly R and Hammer Glenn M
Bought by
Hammer Kimberly Renee and The Kimberly Renee Hammer Revocable Inte

Purchase Details

Closed on
Apr 2, 2002
Sold by
Scallon Paul F and Scallon Wendy K
Bought by
Hammer Glenn M and Hammer Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,895
Interest Rate
6.93%

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
Patten Scott L $823,200 Estlund Tim A
Patten Scott L $515,000 None Available
Hammer Kimberly Renee -- None Available
Hammer Glenn M $666,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patten Scott L $75,000
Open Patten Scott L $463,500
Previous Owner Patten Scott L $463,500
Previous Owner Renee Kimberly $257,400
Previous Owner Hammer Kimberly Renee $230,000
Previous Owner Hammer Kimberly Renee $254,000
Previous Owner Hammer Glenn M $466,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $515,000 -0.9% $94 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $519,900 -3.7% $95 / Sq Ft
05/12/2020 05/12/20 For Sale $539,900 -- $99 / 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 $12,782 $651,800 $104,600 $547,200
2022 $12,172 $606,000 $104,600 $501,400
2021 $13,506 $587,600 $104,600 $483,000
2020 $13,506 $612,100 $104,600 $507,500
2019 $12,718 $604,800 $104,600 $500,200
2018 $12,364 $598,600 $104,600 $494,000
2017 $13,667 $625,000 $104,600 $520,400
2016 $13,667 $643,000 $104,600 $538,400
2015 $13,597 $639,004 $104,558 $534,446
2014 $13,412 $639,004 $104,558 $534,446
2013 $13,120 $639,004 $104,558 $534,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2003459

Cedar Rapids Area Association of REALTORS®

APN: 14083-03007-00000