NOT LISTED FOR SALE

316 Elder Ln NW Cedar Rapids, IA 52405

Cherry Hill Park Neighborhood

Estimated Value: $208,000 - $222,000

4 Beds
2 Baths
1,583 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $145,000 $92 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,383/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Recreation Room
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of June 2017

Spotless 4 bedroom, 2 full bath ranch with 24x24 garage, privacy fenced yard, 2 decks and updates throughout! New High Efficient Furnace and AC in 2014, brand new roof on house and garage in April 2017, updated kitchen, main level bathroom, vinyl windows, aluminum siding, recently remodeled lower level with recessed lighting, new carpet in April 2017, and fresh paint. Spacious living room and dining area with access to the awesome back yard with deck and patio. The oversized garage has an extra over head door to the rear, making it easy to access the backyard. Great location close to schools and shopping, don't delay!

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 04/06/2017

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 04/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,408

Year Built

  • 1967

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 61 x 134
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Family Room
  • Living Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,408

Year Built

1967

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1900
  • Above Grade Finished Sq Ft: 1001
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2408
  • List User Cell Phone: 319-361-3881
  • Low Lvl Fin Sq Ft: 582
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio
  • Net Tax: 2408
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00069
  • Ratio Close Price By Original Li: 1.00069
  • Ratio Current Price By Sq Ft: 144.86
  • Total Sq Ft: 1583
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Family, Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 24X24

Utilities

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

Schools

  • Elementary School: Truman
  • Middle School: Taft
  • High School: Jefferson

Lot Info

  • Lot Size: 61 X 134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 15, 2017
Sold by
Hager Michael D and Hager Emily Marie
Bought by
Fariss Jason and Fariss Tahina
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$210,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,196
Avg. Annual Appreciation
4.31%
Original Mortgage
$148,117
Outstanding Balance
$125,893
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$78,722

Purchase Details

Closed on
Aug 30, 2002
Sold by
Cox Robert A
Bought by
Hager Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
6.41%
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
Fariss Jason $145,000 None Available
Hager Michael D $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fariss Jason $148,117
Previous Owner Hager Michael D $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $145,000 +0.1% $92 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $144,900 -- $92 / 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 $2,848 $167,200 $33,700 $133,500
2022 $2,652 $147,300 $28,900 $118,400
2021 $2,664 $140,400 $28,900 $111,500
2020 $2,664 $132,600 $25,700 $106,900
2019 $2,486 $127,100 $25,700 $101,400
2018 $2,398 $127,100 $25,700 $101,400
2017 $2,512 $123,900 $25,700 $98,200
2016 $2,593 $122,000 $25,700 $96,300
2015 $2,635 $123,861 $25,681 $98,180
2014 $2,450 $123,861 $25,681 $98,180
2013 $2,394 $123,861 $25,681 $98,180
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703544

Cedar Rapids Area Association of REALTORS®

APN: 13261-31022-00000

Iowa Linn County Cedar Rapids 52405 Cherry Hill Park

316 Elder Ln NW, Cedar Rapids, IA

This home is located at 316 Elder Ln NW, Cedar Rapids, IA 52405 since 06 April 2017 and is currently estimated at $211,651, approximately $133 per square foot. This property was built in 1967. 316 Elder Ln NW is a home located in Linn County with nearby schools including Truman Elementary School, Taft Middle School, and Thomas Jefferson 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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