NOT LISTED FOR SALE

3001 Old Orchard Rd NE Cedar Rapids, IA 52402

Estimated Value: $558,764 - $583,000

5 Beds
3.5 Baths
3,876 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $580,000 $150 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,909/month

35 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Hydromassage or Jetted Bathtub
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • Great Room with Fireplace

About This Home

As of September 2024

Welcome to your new home in this highly sought-after neighborhood. This stunning & meticulously maintained property on .799 acres (+/-) boasts 5 spacious bedrooms and 3.5 bathrooms, offering ample space for everyone. Step inside and be greeted by 10' ceilings that create an open & airy atmosphere throughout the home. The refinished beautiful red birch hardwood floors add warmth to the main level. The dramatic great room will be the gathering place for everyone featuring a gas fireplace with built-ins & wall of windows to views of the parklike wooded backyard. The great room flows into the gourmet kitchen with granite countertops, tile backsplash, breakfast bar, pantry, lighted cabinets, all appliances remain & easy access to the upper deck with natural gas hook up for grill. Adjacent formal dining room, office/den & main floor laundry (2nd stackable laundry in LL) half bath & mud room adjacent to the 3 car garage with floor drains. Retreat to the second level luxurious primary suite with tray ceiling, dual closets & ensuite bath with double sink vanity, tile flooring, jetted tub & tiled shower. Three other bedrooms on this level are all very nice sized. The spacious walkout lower-level family/rec room boasts a wet bar complete with 2nd frig & microwave, second fireplace, access to the second deck & patio wired for a hot tub, all with beautiful private, wooded views, large 5th bedroom with walk-in closet & third bath. Anderson windows, surround sound, irrigation system, central vac, security system plus many sought after amenities this fine home offers.

Last Listed By

Marian Flink

SKOGMAN REALTY Listed on: 07/08/2024

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,811

Year Built

  • 2003

Lot Details

  • 0.8 Acre Lot
  • Irrigation
  • Wooded Lot

Home Design

  • Frame Construction
  • Stucco
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,811

Year Built

2003

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.7990
  • Above Grade Finished Sq Ft: 2882
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 8811
  • List User Cell Phone: 319-350-3992
  • Low Lvl Fin Sq Ft: 994
  • Miscellaneous: Cable Ready, Deck, Irrigation System, Jetted Tub, Patio, Security System, Sound System
  • Net Tax: 8624
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99145
  • Ratio Close Price By Original Li: 0.96844
  • Ratio Current Price By Sq Ft: 201.25
  • Total Sq Ft: 3876
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

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, Family Room, Great Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Gas, Great Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 3 car

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: 35,201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Sep 13, 2024
Sold by
Kitsos Harry M and Kitsos Irini L
Bought by
Hoffman John and Hoffman Sarah
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$598,900
Sold Price
$580,000
Premium/Discount to List
-$18,900
-3.16%
Total Days on Market
35
Views
80
Current Estimated Value
$575,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,559
Avg. Annual Appreciation
-1.24%
Original Mortgage
$464,000
Outstanding Balance
$460,315
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$115,126

Purchase Details

Closed on
Oct 24, 2003
Sold by
Flynn Homes Inc
Bought by
Kitsos Harry M and Kitsos Irini L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.04%
Mortgage Type
Unknown

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
Hoffman John $580,000 None Listed On Document
Kitsos Harry M $503,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman John $464,000
Previous Owner Kitsos Harry M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $580,000 -0.9% $150 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $585,000 -2.3% $151 / Sq Ft
07/08/2024 07/08/24 For Sale $598,900 -- $155 / 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 $8,624 $444,100 $88,700 $355,400
2022 $8,218 $417,800 $88,700 $329,100
2021 $9,104 $405,700 $88,700 $317,000
2020 $9,104 $421,200 $88,700 $332,500
2019 $9,444 $446,700 $88,700 $358,000
2018 $9,180 $446,700 $88,700 $358,000
2017 $10,183 $466,100 $88,700 $377,400
2016 $10,183 $479,100 $88,700 $390,400
2015 $9,915 $465,970 $83,448 $382,522
2014 $9,730 $465,970 $83,448 $382,522
2013 $9,518 $465,970 $83,448 $382,522
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2404561

Cedar Rapids Area Association of REALTORS®

APN: 14083-03012-00000