NOT LISTED FOR SALE

2980 Somerbrook Ln Unit 2980 Marion, IA 52302

Estimated Value: $267,000 - $303,000

3 Beds
3 Baths
2,207 Sq Ft
$175/mo HOA Fee

Last Sold April 09, 2019

Last sale price $202,000 $92 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,027/month

145 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Great Room with Fireplace
  • Indian Creek Elementary School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of April 2019

Light, bright and spacious 3 bedroom, 3 bath, walkout ranch style condo with over 2177 (+/-) finished square feet. The front entry leads you to the great room with gas fireplace with tile surround and soothing private backyard views. The great room flows into the dining area and kitchen with breakfast bar, lazy Susan & all appliances remain with convenient double oven. There is a slider from the dining area to the spacious sun room & access to large deck with steps to patio with open green space & mature trees in the backyard. The master suite with walk-in closet & private bath with double sink vanity. Second front bedroom could be used as a den with adjacent second bath. Main floor laundry room with shelving (washer & dryer remain). Large walkout finished lower level family room with 2 daylight windows, 3rd bedroom with large walk-in closet, full bath and extra storage. Attached 2 car garage, irrigation system and located in a quiet neighborhood. 2 cats or 1 dog less than 30 lbs allowed.

Last Agent to Sell the Property

Marian Flink

SKOGMAN REALTY Listed on: 10/01/2018

SKOGMAN REALTY

Last Buyer's Agent

Brent Hagerman

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,273

Year Built

  • 2003

Lot Details

  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Community Details

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,273

Year Built

2003

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1322
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Marion
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4273
  • List User Cell Phone: 319-350-3992
  • Low Lvl Fin Sq Ft: 885
  • Miscellaneous: 3 Seasons, Deck, Irrigation System, Patio
  • Net Tax: 4084
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98106
  • Ratio Close Price By Original Li: 0.91860
  • Ratio Current Price By Sq Ft: 152.80
  • Total Sq Ft: 2207
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175
  • Association: Yes

Schools

  • Elementary School: Indian Creek
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Apr 4, 2019
Sold by
Klink Beverley M and Klink Beverly M
Bought by
Severtson Wayne and Severtson Nancy
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Brent Hagerman
SKOGMAN REALTY
List Price
$205,900
Sold Price
$202,000
Premium/Discount to List
-$3,900
-1.89%
Current Estimated Value
$284,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,693
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Midwest Development Co
Bought by
Vanootegham Steven and Vanootegham Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Severtson Wayne $202,000 None Available
Vanootegham Steven $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanootegham Steven $159,920
Closed Vanootegham Steven $29,985
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2019 04/09/19 Sold $202,000 -1.9% $92 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $205,900 0.0% $93 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $205,900 -4.2% $93 / Sq Ft
11/15/2018 11/15/18 Price Changed $214,900 -2.3% $97 / Sq Ft
10/01/2018 10/01/18 For Sale $219,900 -- $100 / 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 $4,098 $313,700 $34,500 $279,200
2024 $4,490 $244,000 $34,500 $209,500
2023 $4,490 $244,000 $34,500 $209,500
2022 $4,278 $214,600 $34,500 $180,100
2021 $4,554 $214,600 $34,500 $180,100
2020 $4,554 $214,000 $34,500 $179,500
2019 $4,238 $199,600 $34,500 $165,100
2018 $4,068 $199,600 $34,500 $165,100
2017 $4,084 $195,600 $34,500 $161,100
2016 $4,150 $195,600 $34,500 $161,100
2015 $4,135 $195,600 $34,500 $161,100
2014 $3,948 $195,600 $34,500 $161,100
2013 $3,764 $195,600 $34,500 $161,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1806912

Cedar Rapids Area Association of REALTORS®

APN: 10304-52013-01000