NOT LISTED FOR SALE

2925 Cedar Ridge Dr NE Cedar Rapids, IA 52402

Estimated Value: $551,000 - $609,000

5 Beds
3.5 Baths
3,771 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $475,000 $126 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,050/month

91 Days on Market

Highlights

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

About This Home

As of October 2020

Location, location, location! Set on the bluffs above the Cedar River, this custom-built ranch-style home has spectacular views, 3771 total finished sf, as well as more than 1000 sf of unfinished storage. 4-car tandem garage. Close to downtown, hospitals and major employers. Built to take advantage of natural sunlight. Large spacious rooms with soaring ceilings & hardwood floors. Great room has gas fireplace, built-in cabinets & sliders to 4-seasons room & deck with unobstructed views. Dining area is open to great room and kitchen, perfect to host large gatherings. Wired for sound system with speakers included. Kitchen includes all new appliances, natural gas range with hooded vent. Office can also serve as a non-conforming bedroom with built-in desk & cabinets. Main floor laundry room with soaking sink, 2nd refrigerator & half bath. Vaulted ceilings in master bedroom, access to a spa room, master bath & walk-in closet. One additional bedroom on main level with access to full bath. Lower level walk-out provides many options for casual living with sliders to the patio. Two more bedrooms & full bath provides space for family or guests. Don’t worry, there is so much storage space! Attached garage fits 4 cars & has 2 bonus rooms that could be combined into one for an amazing studio. One room is currently used to house lawn equipment & the other was used as a garden room. Situated on a quiet cul-de-sac.

Last Listed By

Beth & Alan Brockette

RUHL & RUHL REALTORS® Listed on: 06/09/2020

RUHL & RUHL REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,704

Year Built

  • 2000

Lot Details

  • 0.55 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Irrigation
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Sound System
  • Vaulted Ceiling
  • Whole House Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 4 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,704

Year Built

2000

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.5530
  • Above Grade Finished Sq Ft: 2703
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 9704
  • List User Cell Phone: 319-551-8692
  • Low Lvl Fin Sq Ft: 1068
  • Miscellaneous: Deck, Hot Tub, Irrigation System, Jetted Tub, Patio, Security System, Sound System, Vaulted Ceiling, Whole House Fan
  • Net Tax: 9515
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95019
  • Ratio Close Price By Original Li: 0.88785
  • Ratio Current Price By Sq Ft: 175.73
  • Total Sq Ft: 3771
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

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

Exterior Features

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

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached, Tandem

Utilities

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

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Oct 9, 2020
Sold by
Tirthankar Banerjee and Tirthankar Nandini Banerjee
Bought by
Dushane Charles Benson and Dushane Kendra A
Seller's Agent
Beth & Alan Brockette
RUHL & RUHL REALTORS®
Buyer's Agent
Tricia Van Roekel
Urban Acres Real Estate Corridor
List Price
$535,000
Sold Price
$475,000
Premium/Discount to List
-$60,000
-11.21%
Total Days on Market
91
Current Estimated Value
$576,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,356

Purchase Details

Closed on
Apr 13, 2009
Sold by
Kadlec Steven W
Bought by
Banerjee Tirthankar and Banerjee Nandini

Purchase Details

Closed on
Nov 29, 2005
Sold by
Kadlec Steven W
Bought by
Banerjee Tirthankar and Banerjee Nandini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Range of Values:

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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
Dushane Charles Benson $475,000 None Available
Dushane Charles Benson $759,200 Seufferlein Daniel L
Banerjee Tirthankar -- None Available
Banerjee Tirthankar $472,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banerjee Tirthankar $200,000
Previous Owner Banerjee Tirthankar $371,000
Previous Owner Banerjee Tirthankar $70,000
Previous Owner Banerjee Tirthankar $378,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $475,000 -5.0% $126 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $499,900 -6.6% $133 / Sq Ft
06/09/2020 06/09/20 For Sale $535,000 -- $142 / 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 $9,882 $495,500 $118,300 $377,200
2022 $9,706 $468,500 $95,400 $373,100
2021 $9,776 $468,500 $95,400 $373,100
2020 $9,776 $451,700 $95,400 $356,300
2019 $9,412 $448,500 $95,400 $353,100
2018 $9,148 $445,200 $91,600 $353,600
2017 $9,610 $449,800 $91,600 $358,200
2016 $9,561 $449,800 $91,600 $358,200
2015 $9,291 $436,627 $114,480 $322,147
2014 $9,106 $409,273 $114,480 $294,793
2013 $8,336 $409,273 $114,480 $294,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004029

Cedar Rapids Area Association of REALTORS®

APN: 14074-01015-00000