NOT LISTED FOR SALE

3502 Riverside Dr NE Cedar Rapids, IA 52411

Estimated Value: $330,000 - $400,225

5 Beds
3.5 Baths
3,037 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $223,000 $73 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,507/month

141 Days on Market

Highlights

  • Deck
  • Recreation Room with Fireplace
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • 5-minute walk to Riverbend Nature Trail

About This Home

As of June 2015

SPACIOUS 5 BEDROOM, 3 1/2 BATH RIVERBEND HOME WITH OVER 3000 FINISHED SQUARE FEET ON DOUBLE LOT BACKING UP TO WOODS. MOVE-IN READY WITH NEW ROOF, FURNACE, CARPET, PAINT, STAINLESS KITCHEN APPLIANCES, DECK AND TILED BATH FLOORS. WALKOUT BASEMENT. TWO WOODBURNING FIREPLACES, FORMAL DINING ROOM, BREAKFAST ISLAND, FIRST FLOOR LAUNDRY, TRADITIONAL CHARM THROUGHOUT. FULL BEDROOM AND BATH IN WALKOUT BASEMENT. PROPERTY DISCLOSURE ON MLS ATTACHMENTS. SELLER IS A LICENSED REALTOR IN THE STATE OF IOWA. *AGENTS PLEASE CALL 1-800-SHOWING TO SET UP ALL SHOWINGS.

Last Agent to Sell the Property

Jim Willmsen

RE/MAX CONCEPTS Listed on: 12/09/2014

RE/MAX CONCEPTS

Last Buyer's Agent

Jim Willmsen

RE/MAX CONCEPTS Listed on: 12/09/2014

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,432

Year Built

  • 1991

Lot Details

  • 0.51 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,432

Year Built

1991

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.5100
  • Above Grade Finished Sq Ft: 2114
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 4432
  • List User Cell Phone: 319-981-7653
  • Low Lvl Fin Sq Ft: 923
  • Miscellaneous: Deck
  • Net Tax: 4432
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01410
  • Ratio Close Price By Original Li: 0.96999
  • Ratio Current Price By Sq Ft: 105.49
  • Total Sq Ft: 3037
  • Taxable Value Tv: 234920.00
  • Tax Roll Number: 140725101600000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Living Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Great Room, Wood Burning, Rec Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 9
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 506 SF

Utilities

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

Schools

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

Lot Info

  • Lot Size: IRREGULAR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jun 2, 2015
Sold by
Practical Properties Lc Series 9
Bought by
Gilchrist Jessiah and Gilchrist Elizabeth
Seller's Agent
Jim Willmsen
RE/MAX CONCEPTS
Buyer's Agent
Jim Willmsen
RE/MAX CONCEPTS
List Price
$229,900
Sold Price
$223,000
Premium/Discount to List
-$6,900
-3%
Total Days on Market
141
Current Estimated Value
$360,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,556
Avg. Annual Appreciation
4.91%
Original Mortgage
$218,960
Interest Rate
3.63%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2014
Sold by
Practical Properties Lc
Bought by
Practical Properties Lc

Purchase Details

Closed on
Sep 9, 2014
Sold by
Jenkins James D and Jenkins Romeyn B
Bought by
Practical Properties L C Series 9
Source: Public Records

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Range of Values:

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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
Gilchrist Jessiah $223,000 None Available
Practical Properties Lc -- None Available
Practical Properties L C Series 9 $171,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilchrist Jessiah $211,000
Closed Gilchrist Jessiah $218,500
Closed Gilchrist Jessiah $218,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2015 06/02/15 Sold $223,000 -3.0% $73 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $229,900 -- $76 / 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 $5,894 $346,100 $67,500 $278,600
2022 $5,038 $288,300 $60,500 $227,800
2021 $5,254 $252,200 $53,600 $198,600
2020 $5,254 $246,700 $53,600 $193,100
2019 $4,894 $235,600 $46,600 $189,000
2018 $4,756 $235,600 $46,600 $189,000
2017 $4,756 $230,100 $46,600 $183,500
2016 $4,801 $225,900 $46,600 $179,300
2015 $4,999 $234,920 $37,260 $197,660
2014 $4,814 $234,920 $37,260 $197,660
2013 $4,706 $234,920 $37,260 $197,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1408068

Cedar Rapids Area Association of REALTORS®

APN: 14072-51016-00000