NOT LISTED FOR SALE

308 Nassau St SE Cedar Rapids, IA 52403

Bever Park Neighborhood

Estimated Value: $652,000 - $668,000

5 Beds
5 Baths
4,330 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $594,800 $137 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,657/month

326 Days on Market

Highlights

  • Home Theater
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • Heated Floors
  • Deck
  • <<bathWSpaHydroMassageTubToken>>

About This Home

As of November 2019

Updated McKay masterpiece with the finest materials, fixtures, and custom features. If you love quiet elegance and sophisticated decor, this is your home. Four beautiful wood burning and gas fireplaces will warm you on cold winter nights. Incredible La Cornue gas and electric range, cleverly camouflaged SubZero refrigerator and freezer, custom nickel cabinetry and stove hood are inspirations for your gourmet creations. Retreat to the spacious master suite with restful sitting room, bedroom and custom steam shower. The magnificent Rathskeller recreation/theater room with its Gothic Indiana limestone fireplace was purchased from a Hinsdale, Ill. mansion and rebuilt on site. The parties start here! Power to the home is also supplied by a gas generator if needed. No detail was left untouched and everything has been lovingly restored or recreated. Nestled in the stately Brucemore neighborhood, downtown, shopping, and schools are just minutes away. One year buyer home warranty. For the discriminating buyer when only the best will do. See update and renovation information attached.
There is an annual $116 sidewalk repair special assessment included in the net taxes, which runs for 5 more years.

Last Agent to Sell the Property

Jill Gustin

SKOGMAN REALTY Listed on: 11/08/2018

Last Buyer's Agent

Kenneth Nye

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,788

Year Built

  • 1937

Lot Details

  • 0.68 Acre Lot
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Masonry

Interior Spaces

  • 2-Story Property
  • Sound System
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room with Fireplace
  • Heated Floors
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • <<bathWSpaHydroMassageTubToken>>

Parking

  • 2 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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,788

Year Built

1937

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.6800
  • Above Grade Finished Sq Ft: 3792
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.20
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 9788
  • List User Cell Phone: 319-360-0440
  • Low Lvl Fin Sq Ft: 538
  • Miscellaneous: Cable Ready, Deck, Heated Flooring, Home Warranty, Jetted Tub, Patio, Security System, Sound System
  • Net Tax: 9904
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99299
  • Ratio Close Price By Original Li: 0.79839
  • Ratio Current Price By Sq Ft: 156.86
  • Total Sq Ft: 4330
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 4 Seasons, Den/Study, Living Room, Rec Room, Theater Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bedrooms Level 2: 5
  • Fireplace Features: Family Room, Gas, Wood Burning, Living Room, Main/Primary Bedroom, Rec Room
  • Level 2 Full Bathrooms: 3
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Brick, Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 400

Utilities

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

Schools

  • Elementary School: Johnson
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 29835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Titus Thomas Noel and Titus Susan Faye
Bought by
Slater John Clare Wermer
Current Estimated Value
$658,278

Purchase Details

Closed on
Sep 25, 2021
Sold by
Doerrfeld Stefan and Doerrfeld Wannette L
Bought by
Slater John W and Slater Shanel W

Purchase Details

Listed on
Nov 8, 2018
Closed on
Nov 5, 2019
Sold by
Oldorf Forbes S
Bought by
Slater John C and Slater Shanel W
Seller's Agent
Jill Gustin
SKOGMAN REALTY
Buyer's Agent
Kenneth Nye
IOWA REALTY
List Price
$599,000
Sold Price
$594,800
Premium/Discount to List
-$4,200
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$523,500
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Pejaki Properties Lc
Bought by
Oldorf Forbes S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
6.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1997
Sold by
Olberg F Forbes and Olberg Ann W
Bought by
Pejaki Properties Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.46%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Slater John Clare Wermer $9,000 --
Slater John W -- --
Slater John C $595,000 None Available
Oldorf Forbes S $559,500 None Available
Pejaki Properties Lc $299,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slater John C $50,000
Previous Owner Slater John C $523,500
Previous Owner Oldorf Forbes $150,000
Previous Owner Oldorf Forbes $2,600,000
Previous Owner Oldorf Forbes S $56,500
Previous Owner Oldorf Forbes S $447,500
Previous Owner Pejaki Properties Lc $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $594,800 -0.7% $137 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/04/2019 09/04/19 Price Changed $599,000 0.0% $138 / Sq Ft
09/04/2019 09/04/19 For Sale $599,000 +0.7% $138 / Sq Ft
08/31/2019 08/31/19 Off Market $594,800 -- --
05/24/2019 05/24/19 Price Changed $623,000 -10.7% $144 / Sq Ft
04/02/2019 04/02/19 Price Changed $698,000 -6.3% $161 / Sq Ft
11/08/2018 11/08/18 For Sale $745,000 -- $172 / 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 $12,266 $617,200 $116,600 $500,600
2022 $11,560 $590,400 $108,800 $481,600
2021 $12,000 $567,000 $108,800 $458,200
2020 $12,000 $552,500 $108,800 $443,700
2019 $9,904 $454,100 $77,700 $376,400
2018 $9,646 $454,100 $77,700 $376,400
2017 $9,284 $456,400 $77,700 $378,700
2016 $9,284 $436,800 $77,700 $359,100
2015 $8,916 $415,847 $77,700 $338,147
2014 $9,005 $415,847 $77,700 $338,147
2013 $8,660 $415,847 $77,700 $338,147
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jill Gustin

    SKOGMAN REALTY

    Section Image

  • K

    Buyer's Agent in 2019

    Kenneth Nye

    IOWA REALTY

    (319) 310-0244

    1 in this area

    62 Total Sales

    Kenneth Nye
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1807836

Cedar Rapids Area Association of REALTORS®

APN: 14221-02004-00000

Iowa Linn County Cedar Rapids 52403 Bever Park

308 Nassau St SE, Cedar Rapids, IA

This home is located at 308 Nassau St SE, Cedar Rapids, IA 52403 since 08 November 2018 and is currently estimated at $658,278, approximately $152 per square foot. This property was built in 1937. 308 Nassau St SE is a home located in Linn County with nearby schools including Johnson Elementary School, McKinley STEAM Academy, and George Washington High 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.
Information is deemed reliable but not guaranteed.

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