NOT LISTED FOR SALE

308 Lookout Ct SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $383,000 - $440,745

5 Beds
3.5 Baths
3,552 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 20, 2013

Last sale price $228,000 $64 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,713/month

5 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Formal Dining Room
  • Prairie Ridge Elementary School Rated A-
  • Den
  • Cul-De-Sac

About This Home

As of October 2013

Over 3,500 sq ft in this great two story located on a quiet cul-de-sac within walking distance to College Community Schools and Kirkwood College. The main level features an open two story foyer with hardwood flooring, formal living room and dining room, ML office w/glass doors, 1/2 bath, plus the nice kitchen w/ breakfast bar & hardwood flooring is open to the Family Room with gas FP surrounded with built-ins. Upper level features a large master suite w/whirlpool, 3 additional bedrooms, full bath and 2nd floor laundry. The walkout LL huge family room, full bath and bedroom allow for plenty of space for additional family living. Enjoy the yard from either the deck or patio and an additional parking pad, too. If you are looking for a great family neighborhood this one is it! Sq ft per Cedar Rapids Assessor.

Last Agent to Sell the Property

Kathy Louvar

RUHL & RUHL REALTORS® Listed on: 07/15/2013

Last Buyer's Agent

Doug Lemon

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,268

Year Built

  • 2003

Lot Details

  • Cul-De-Sac

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Laundry on upper level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

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
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,268

Year Built

2003

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 2602
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 5268
  • List User Cell Phone: 319-310-4692
  • Low Lvl Fin Sq Ft: 950
  • Miscellaneous: Cable Ready, Deck, Patio
  • Net Tax: 5122
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98276
  • Ratio Close Price By Original Li: 0.98276
  • Ratio Current Price By Sq Ft: 87.62
  • Total Sq Ft: 3552
  • Tax Roll Number: 191647702000000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 2nd Floor Laundry, Den/Study, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Gas
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: IRREGULAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 17, 2013
Sold by
Gradoville Timothy J and Gradoville Kimberly L
Bought by
Formanek Jonathon J and Formanek Michele M
Seller's Agent
Kathy Louvar
RUHL & RUHL REALTORS®
Buyer's Agent
Doug Lemon
SKOGMAN REALTY
List Price
$232,000
Sold Price
$228,000
Premium/Discount to List
-$4,000
-1.72%
Current Estimated Value
$407,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,436
Avg. Annual Appreciation
4.98%
Original Mortgage
$219,849
Outstanding Balance
$163,993
Interest Rate
4.39%
Mortgage Type
VA
Estimated Equity
$243,443

Purchase Details

Closed on
May 24, 2004
Sold by
Prudential Residential Services Lp
Bought by
Gradoville Timothy J and Gradoville Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2003
Sold by
Jerrys Homes Inc
Bought by
Koppes Benjamin J and Koppes Andrea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,872
Interest Rate
5.36%
Mortgage Type
Unknown
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
Formanek Jonathon J $228,000 Security First Title Co
Gradoville Timothy J $243,500 --
Prudential Residential Services Lp $243,500 --
Koppes Benjamin J $243,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formanek Jonathon J $219,849
Previous Owner Gradoville Timothy J $165,000
Previous Owner Koppes Benjamin J $194,872
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2013 10/20/13 Sold $228,000 -1.7% $64 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $232,000 -- $65 / 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 $6,730 $406,500 $61,100 $345,400
2024 $6,634 $374,300 $57,800 $316,500
2023 $6,634 $374,300 $57,800 $316,500
2022 $5,844 $311,700 $49,500 $262,200
2021 $6,050 $281,300 $46,200 $235,100
2020 $6,050 $277,600 $46,200 $231,400
2019 $5,466 $255,500 $36,300 $219,200
2018 $5,310 $255,500 $36,300 $219,200
2017 $4,829 $246,800 $36,300 $210,500
2016 $4,829 $226,500 $36,300 $190,200
2015 $4,911 $231,535 $36,318 $195,217
2014 $4,724 $231,535 $36,318 $195,217
2013 $4,554 $231,535 $36,318 $195,217
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kathy Louvar

    Ruhl & Ruhl

  • Doug Lemon

    Buyer's Agent in 2013

    Doug Lemon

    SKOGMAN REALTY

    (319) 363-8286

    52 Total Sales

    Doug Lemon
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1304962

Cedar Rapids Area Association of REALTORS®

APN: 19164-77020-00000

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

308 Lookout Ct SW, Cedar Rapids, IA

This home is located at 308 Lookout Ct SW, Cedar Rapids, IA 52404 since 15 July 2013 and is currently estimated at $407,436, approximately $114 per square foot. This property was built in 2003. 308 Lookout Ct SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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