NOT LISTED FOR SALE

3600 Otis Rd SE Cedar Rapids, IA 52403

Estimated Value: $293,000 - $432,000

4 Beds
2.5 Baths
2,090 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $270,000 $129 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,271/month

21 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Ranch Style House
  • Eat-In Kitchen
  • Patio

About This Home

As of July 2015

PRIVATE RANCH ON THE HILL. 6 PLUS ACRES OVERLOOKING THE RIVER VALLEY,ENJOY THE VIEW FROM THE LARGE COVERED FRONT PORCH.KITCHEN WITH EAT-IN AREA. LIVINGROOM WITH BAY WINDOW. 3 BEDROOMS MAIN FLOOR, ONE WITH ADJOINING HALF BATH. WALK-OUT LOWER LEVEL. REC ROOM WITH GAS FIREPLACE. LARGE BEDROOM WITH FULL BATH USED AS MASTER SUITE. 2 STALL GARAGE WITH BREEZEWAY TO THE KITCHEN. 30X70 SHOP WITH ONE SIDE INSULATED AND HEATED WITH A WOODBURNING STOVE. HOME SITS OVER A HUNDRED YARDS UP THE HILL FOR TOTAL PRIVACY.

Last Agent to Sell the Property

Steve Eden

IOWA REALTY Listed on: 06/01/2015

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • 1963

Lot Details

  • 6.26 Acre Lot
  • Fenced
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Recreation Room with Fireplace
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

1963

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 6.2600
  • Above Grade Finished Sq Ft: 1200
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 2858
  • List User Cell Phone: 319-981-4125
  • Low Lvl Fin Sq Ft: 890
  • Miscellaneous: Fencing, Patio, Storage Shed
  • Net Tax: 2730
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 225.00
  • Total Sq Ft: 2090
  • Tax Roll Number: 1436326007
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 3 Seasons
  • Basement: Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Rec Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Off Street Parking

Utilities

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

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 6.26 ACRE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 30, 2015
Sold by
Stodola Ken M and Stodola Margery J
Bought by
Ely Terry L and Williams Jannetta E
Seller's Agent
Steve Eden
IOWA REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$351,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,180
Avg. Annual Appreciation
2.62%
Original Mortgage
$27,000
Interest Rate
4.02%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Ely Terry L $280,625 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Gary E $385,000
Closed Ely Terry L $247,500
Closed Ely Terry L $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $270,000 0.0% $129 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $270,000 -- $129 / 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 $3,976 $354,800 $80,000 $274,800
2022 $3,764 $281,900 $80,000 $201,900
2021 $3,424 $271,100 $80,000 $191,100
2020 $3,424 $236,500 $49,400 $187,100
2019 $3,114 $236,500 $49,400 $187,100
2018 $2,976 $220,100 $49,400 $170,700
2017 $2,902 $199,300 $49,400 $149,900
2016 $2,902 $197,600 $49,400 $148,200
2015 $2,916 $197,600 $49,400 $148,200
2014 $2,788 $197,600 $49,400 $148,200
2013 $2,730 $197,600 $49,400 $148,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504301

Cedar Rapids Area Association of REALTORS®

APN: 14363-26007-00000