NOT LISTED FOR SALE

3518 Water Point Rd SW Cedar Rapids, IA 52404

Estimated Value: $299,000 - $316,000

3 Beds
3 Baths
1,801 Sq Ft
$171/Sq Ft Est. Value

About This Home

This home is located at 3518 Water Point Rd SW, Cedar Rapids, IA 52404 and is currently estimated at $308,284, approximately $171 per square foot. 3518 Water Point Rd SW is a home located in Linn County with nearby schools including Prairie Crest Elementary School, Prairie View Elementary School, and Prairie Ridge Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2017
Sold by
Ward Patrick Richard and Ward Dawn Marie
Bought by
Schmalzl Bradley James and Schmalzl Salena L
Current Estimated Value
$308,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,375
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Closed on
Aug 30, 2011
Sold by
Paulsen Lee M and Paulsen Kimberly A
Bought by
Ward Patrick Richard and Ward Dawn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2006
Sold by
Cendant Mobility Financial Corp
Bought by
Paulsen Lee M and Paulsen Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2005
Sold by
Halling Donald E and Halling Leslie A
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 15, 2001
Sold by
Stoney Point Heights Llc
Bought by
Midland Homes Of Eastern Iowa Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,390
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2001
Sold by
Midland Homes Of Eastern Iowa Lc
Bought by
Halling Donald E and Halling Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,390
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Schmalzl Bradley James $212,000 None Available
Ward Patrick Richard $173,500 None Available
Paulsen Lee M $204,500 None Available
Cendant Mobility Financial Corp $204,500 None Available
Midland Homes Of Eastern Iowa Lc $24,500 --
Halling Donald E $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmalzl Bradley James $184,946
Closed Schmalzl Bradley James $192,375
Previous Owner Ward Patrick Richard $139,200
Previous Owner Paulsen Lee M $162,000
Previous Owner Paulsen Lee M $164,000
Previous Owner Cendant Mobility Financial Corp $30,750
Previous Owner Halling Donald E $135,390
Source: Public Records

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 $5,172 $284,300 $49,700 $234,600
2022 $4,864 $242,300 $44,900 $197,400
2021 $5,012 $232,800 $41,700 $191,100
2020 $5,012 $228,700 $41,700 $187,000
2019 $4,288 $210,500 $32,100 $178,400
2018 $4,148 $199,700 $32,100 $167,600
2017 $4,198 $195,100 $32,100 $163,000
2016 $4,107 $189,800 $32,100 $157,700
2015 $4,019 $186,812 $32,076 $154,736
2014 $3,832 $186,812 $32,076 $154,736
2013 $3,638 $186,812 $32,076 $154,736
Source: Public Records

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