NOT LISTED FOR SALE

322 Norman Dr NE Cedar Rapids, IA 52402

Estimated Value: $248,014 - $260,000

4 Beds
2.5 Baths
1,546 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $137,000 $89 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,623/month

18 Days on Market

Highlights

  • Deck
  • Recreation Room with Fireplace
  • Main Floor Primary Bedroom
  • Oak Ridge School Rated A-
  • Wooded Lot
  • Formal Dining Room

About This Home

As of November 2015

Located in Bowman Woods established neighborhood, close to schools, parks, trails and shopping. This home is perfect for the first time buyer or the family looking to expand. The yard has a full fence surrounding the spacious backyard. One owner home with solid construction, wood floors, formal dining room, large main floor family room, hall bath, 4 bedrooms, master bedroom with two closets and master bath. The lower level offers a wood burning fireplace in the recreational room and is split between a finished and a large unfinished utility area with a 1/2 bath which has space for a shower. Priced below market value. Schedule a showing today.

Last Agent to Sell the Property

Michele Sweeney

Keller Williams Legacy Group Listed on: 10/05/2015

Keller Williams Legacy Group

Last Buyer's Agent

Alex Hamilton

EXIT REALTY HAWKEYE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,307

Year Built

  • 1965

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Wooded Lot

Home Design

  • Split Foyer
  • Split Level Home
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Built by Skogman Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,307

Year Built

1965

Lot Details

0.27 Acres

Listing Details

  • Style: Split Foyer, Split Level
  • Acres: 0.2700
  • Above Grade Finished Sq Ft: 1296
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 3307
  • List User Cell Phone: 319-573-1432
  • Low Lvl Fin Sq Ft: 250
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio
  • Net Tax: 3307
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97927
  • Ratio Close Price By Original Li: 0.97927
  • Ratio Current Price By Sq Ft: 105.71
  • Total Sq Ft: 1546
  • Taxable Value Tv: 148191.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 4
  • Fireplace Features: Built In, Wood Burning, Rec Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars

Utilities

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

Lot Info

  • Lot Size: 11770

Building Info

  • Builder Name: Skogman Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Nov 17, 2015
Sold by
May Mary T
Bought by
Rotter Samuel
Seller's Agent
Michele Sweeney
Keller Williams Legacy Group
Buyer's Agent
Alex Hamilton
EXIT REALTY HAWKEYE
List Price
$139,900
Sold Price
$137,000
Premium/Discount to List
-$2,900
-2.07%
Current Estimated Value
$254,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,504
Avg. Annual Appreciation
6.22%
Original Mortgage
$123,300
Outstanding Balance
$97,405
Interest Rate
4%
Mortgage Type
Closed End Mortgage
Estimated Equity
$157,099
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rotter Samuel $137,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rotter Samuel $123,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $137,000 -2.1% $89 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $139,900 -- $90 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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 $3,786 $229,700 $48,300 $181,400
2024 $3,988 $207,000 $44,600 $162,400
2023 $3,988 $203,700 $44,600 $159,100
2022 $3,544 $183,400 $40,900 $142,500
2021 $3,554 $169,000 $37,100 $131,900
2020 $3,554 $160,000 $31,600 $128,400
2019 $3,336 $152,100 $31,600 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1590695

Cedar Rapids Area Association of REALTORS®

APN: 11352-55018-00000

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