NOT LISTED FOR SALE

3307 Riverbend Dr NE Cedar Rapids, IA 52411

Estimated Value: $350,000 - $407,039

4 Beds
4 Baths
2,826 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $355,000 $126 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,579/month

15 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Hydromassage or Jetted Bathtub
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • 1-minute walk to Riverbend Nature Trail

About This Home

As of August 2021

Offer accepted taking back up offers only. Former Parade, 2 Story home in highly desired neighborhood w/75 acres of forest preserve & a 2 mile-walking-trail. Main floor features: 2 story foyer, abundance of windows for natural lighting, great room w/gas fireplace, formal living room, large dining area w/gorgeous wood floors, built-in cabinetry, granite island in kitchen, granite countertops, main floor laundry & a half bath. Upstairs features: Spacious master suite w/sitting area to unwind, jetted tub, onyx shower, walk-in-closet, & bonus closet, 3 additional bedrooms & a full bath. The finished basement offers a family room w/gas fireplace, game area, wet bar, half bathroom, & tons of storage. Entertain outside on the large deck, steps down to a patio & a half-court basketball court w/SPORT court surface. The over-sized 3 car tandem garage is perfect for a hobbyist. Updates: new roof & gutters, 7 new windows, shower, granite countertops, & basketball court.

Last Agent to Sell the Property

Nicki Borchert

IOWA REALTY Listed on: 06/13/2021

Last Buyer's Agent

Shirley Jost

IOWA REALTY

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,750

Year Built

  • 1995

Lot Details

  • 0.29 Acre Lot
  • Wooded Lot

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,750

Year Built

1995

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Style: 2 Stories
  • Acres: 0.2900
  • Above Grade Finished Sq Ft: 2249
  • Association Fee Frequency: Year
  • Association Management: By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 5750
  • List User Cell Phone: 319-389-4470
  • Low Lvl Fin Sq Ft: 577
  • Miscellaneous: Deck, Jetted Tub, Patio
  • Net Tax: 5750
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98611
  • Ratio Close Price By Original Li: 0.95946
  • Ratio Current Price By Sq Ft: 157.85
  • Total Sq Ft: 2826
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Family Room, Great Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Great Room
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 8
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Tandem
  • Garage Size: 833

Utilities

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

Condo/Co-op/Association

  • Association Fee: 140
  • Association: Yes

Schools

  • Elementary School: Jackson
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: 12,709

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2021
Closed on
Aug 18, 2021
Sold by
Koch James J and The James J Koch Revocable Tru
Bought by
Riel Kurt J and Riel Constance M
Seller's Agent
Nicki Borchert
IOWA REALTY
Buyer's Agent
Shirley Jost
IOWA REALTY
List Price
$370,000
Sold Price
$355,000
Premium/Discount to List
-$15,000
-4.05%
Current Estimated Value
$384,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,010
Avg. Annual Appreciation
1.93%
Original Mortgage
$319,500
Outstanding Balance
$290,524
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$93,486

Purchase Details

Closed on
Feb 28, 2020
Sold by
Koch James J and Koch Karen L
Bought by
Koch James J and The James J Koch Revocable Trust

Purchase Details

Closed on
Sep 16, 1998
Sold by
Marck Eric P and Marck Karla A
Bought by
Koch James J and Koch Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.98%
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
Riel Kurt J $355,000 None Available
Koch James J -- None Available
Koch James J $234,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riel Kurt J $319,500
Previous Owner Koch James J $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $355,000 -1.4% $126 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $360,000 -2.7% $127 / Sq Ft
06/13/2021 06/13/21 For Sale $370,000 -- $131 / 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 $6,368 $373,100 $69,800 $303,300
2024 $6,668 $359,900 $65,300 $294,600
2023 $6,668 $359,900 $65,300 $294,600
2022 $5,228 $316,100 $58,600 $257,500
2021 $5,552 $261,300 $51,800 $209,500
2020 $5,552 $260,200 $51,800 $208,400
2019 $5,184 $249,000 $45,000 $204,000
2018 $5,036 $249,000 $45,000 $204,000
2017 $5,224 $248,400 $45,000 $203,400
2016 $5,181 $243,800 $45,000 $198,800
2015 $5,277 $247,986 $36,036 $211,950
2014 $5,092 $247,986 $36,036 $211,950
2013 $4,978 $247,986 $36,036 $211,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103972

Cedar Rapids Area Association of REALTORS®

APN: 14073-05001-00000