$470,000
SOLD FEB 3, 2025

3501 Royal Dr SW Cedar Rapids, IA 52404

5 Beds
3 Baths
3,125 Sq Ft
0.37 Acres

Recently Sold

$150 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • Solar Power System
  • Deck
  • No HOA
  • Prairie Ridge Elementary School Rated A-
  • Ranch Style House
  • 3 Car Attached Garage

About This Home

As of February 2025

Welcome to your dream home in the highly desirable College Community School District! This stunning, move-in-ready ranch offers the perfect blend of style, comfort, and energy efficiency with fully paid-off solar panels that keep utility costs low (Avg/Mo: Electric: $84, Gas: $61). Step inside to a spacious, light-filled entry with custom glass doors and gleaming Brazilian cherry hardwood floors. The inviting great room features a cozy gas fireplace, creating the perfect ambiance for relaxation. The chef’s kitchen is a showstopper with custom cherry cabinetry, gleaming granite countertops, stainless steel appliances, and elegant tiled flooring. Enjoy a sunny retreat in the bright "Four Seasons" room, or unwind on the newly refinished deck made of durable, lifetime composite materials. The luxurious primary suite includes tray ceilings, a custom-tiled walk-in shower, a jetted tub, dual sinks, and a spacious walk-in closet. The walkout lower level is an entertainer’s dream with a huge rec room, wet bar, two additional bedrooms, and a one-of-a-kind craft room. Plus, a versatile storm shelter offers extra space for your needs. Outside, the beautifully landscaped backyard features a fenced garden area and a large shed for all your storage needs. Tour Here: https://tinyurl.com/hnvu2xzv This home is a must-see! Schedule your showing today and make it yours before it’s gone!

Last Agent to Sell the Property

Jim Zachar

COLDWELL BANKER HEDGES Listed on: 12/10/2024

COLDWELL BANKER HEDGES

Last Buyer's Agent

Wynn Nguyen

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,390

Year Built

  • Built in 2007

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 77.5x205

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Deck
  • Patio

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Built by Signature

Listing and Financial Details

  • Assessor Parcel Number 19062-76023-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,390

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.37
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned, Washer
  • Co List Office Phone: 319-378-8760
  • MLS Status: Closed
  • Directions: I-380 to 33rd Ave. exit. W on 33rd Ave. to Royal Dr.. S on Royal Dr. SW to home.
  • Above Grade Finished Sq Ft: 1925.0
  • Architectural Style: Ranch
  • New Construction: No
  • Efficiency: Solar Panel(s)
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete
  • Basement: Yes
  • Fireplace Features: Insert, Gas, Great Room
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1200.0
  • Fireplace: Yes

Exterior Features

  • Construction Type: Brick, Frame, Vinyl Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Guest, Off Street, On Street, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 77.5x205
  • ResoLotSizeUnits: Acres
  • Parcel Number: 19062-76023-00000
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Signature

Tax Info

  • Tax Annual Amount: 8390.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Jan 29, 2025
Sold by
Shain William C and Shain Carol A
Bought by
Shannon Dawn Marie
Seller's Agent
Jim Zachar
COLDWELL BANKER HEDGES
Buyer's Agent
Wynn Nguyen
Pinnacle Realty LLC
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Total Days on Market
8
Views
78
Current Estimated Value
$466,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,246
Avg. Annual Appreciation
-1.91%
Original Mortgage
$23,500
Outstanding Balance
$21,741
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$445,013

Purchase Details

Closed on
Feb 26, 2014
Sold by
Wall Judy A and Wall Gerald D
Bought by
Shain William C and Shain Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 30, 2008
Sold by
Signature Homes Inc
Bought by
Shain William C and Shain Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,096
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $470,000 None Listed On Document
Warranty Deed $470,000 None Listed On Document
Warranty Deed $48,000 None Available
Corporate Deed $314,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,500 New Conventional
Closed $23,500 New Conventional
Open $423,000 New Conventional
Closed $423,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $242,400 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $70,000 Future Advance Clause Open End Mortgage
Previous Owner $70,096 Purchase Money Mortgage
Previous Owner $230,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $470,000 -1.1% $150 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/10/2024 12/10/24 For Sale $475,000 -- $152 / 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 $8,418 $434,800 $67,400 $367,400
2022 $7,434 $392,200 $62,800 $329,400
2021 $7,522 $354,400 $53,500 $300,900
2020 $7,522 $342,300 $53,500 $288,800
2019 $6,686 $309,900 $46,500 $263,400
2018 $6,498 $309,900 $46,500 $263,400
2017 $6,638 $306,800 $46,500 $260,300
2016 $6,443 $301,100 $46,500 $254,600
2015 $6,254 $287,705 $46,500 $241,205
2014 $5,932 $287,705 $46,500 $241,205
2013 $5,632 $287,705 $46,500 $241,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2408283

Cedar Rapids Area Association of REALTORS®

APN: 19062-76023-00000