NOT LISTED FOR SALE

362 Cambridge Dr NE Cedar Rapids, IA 52402

Estimated Value: $257,000 - $354,124

4 Beds
4 Baths
2,725 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $355,000 $130 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,146/month

27 Days on Market

Highlights

  • Recreation Room
  • Great Room with Fireplace
  • 2 Car Attached Garage
  • Oak Ridge School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of June 2024

Welcome home to this completely-remodeled Bowman Woods beauty, now an improved price! Great location near schools, shopping, restaurants, parks, trails & so much more! New flooring, fixtures & fresh paint throughout the entire home. Spacious formal living room and a formal dining room. Remodeled kitchen with granite countertops, tile backsplash, new white cabinets, stainless steel appliances, new flooring, new fixtures, new sink, breakfast bar & daily dining area. Large great room with new electric fireplace, built-ins, & sliders to the patio. Convenient main level half bath. Upstairs you will find the spacious primary suite with walk-in closet & remodeled bathroom with dual vanity & tile shower. 3 additional bedrooms & another remodeled bathroom completes the upper level. Finished lower level rec room, bonus room, laundry area & an updated half bath completes the lower level. Beautiful yard with patio. Don’t miss the beauty! All that is left to do is move in.

Last Agent to Sell the Property

Debra Callahan

RE/MAX CONCEPTS Listed on: 05/03/2024

RE/MAX CONCEPTS

Last Buyer's Agent

Cal Ernst

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,618

Year Built

  • 1977

Lot Details

  • 0.28

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • 0.28 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,618

Year Built

1977

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2800
  • Above Grade Finished Sq Ft: 2300
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 4618
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 425
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 4415
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95972
  • Ratio Close Price By Original Li: 0.94667
  • Ratio Current Price By Sq Ft: 154.35
  • Total Sq Ft: 2725
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Schools

  • Elementary School: Bowman Woods
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: 12,236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 25, 2024
Sold by
Renewed Properties Llc
Bought by
Lee Sara B and Nelson Andrew
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Cal Ernst
Realty87
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Views
69
Current Estimated Value
$322,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,219
Avg. Annual Appreciation
-7.39%
Original Mortgage
$337,250
Outstanding Balance
$333,253
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$10,472

Purchase Details

Closed on
May 17, 2023
Sold by
Veterans United Home Loans
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
May 16, 2023
Sold by
Cook John M
Bought by
Veterans United Home Loans

Purchase Details

Closed on
Jul 7, 2021
Sold by
Villalobos Magdaly Santos
Bought by
Cook John M

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jun 18, 2017
Sold by
Scott Mark F and Scott Kara J
Bought by
Cook John M and Villalobos Magdaly Santos
Seller's Agent
Amy Bishop
RE/MAX CONCEPTS
Buyer's Agent
Bob Hackney
SKOGMAN REALTY
List Price
$212,900
Sold Price
$215,500
Premium/Discount to List
$2,600
1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$225,226
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2006
Sold by
Ludolph Lloyd T and Ludolph Teresa
Bought by
Scott Mark F and Scott Kara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
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
Lee Sara B $355,000 River Ridge Escrow
Secretary Of Veterans Affairs -- None Listed On Document
Secretary Of Veterans Affairs -- None Listed On Document
Veterans United Home Loans -- None Listed On Document
Veterans United Home Loans -- None Listed On Document
Cook John M -- None Available
Cook John M $226,125 None Available
Scott Mark F $178,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sara B $337,250
Previous Owner Cook John M $225,226
Previous Owner Scott Mark F $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $355,000 -4.0% $130 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $369,900 -1.4% $136 / Sq Ft
05/03/2024 05/03/24 For Sale $375,000 +59.2% $138 / Sq Ft
11/02/2023 11/02/23 Sold $235,500 +4.7% $84 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $225,000 +4.4% $80 / Sq Ft
06/16/2017 06/16/17 Sold $215,500 +1.2% $77 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $212,900 -- $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
2025 $5,294 $324,100 $57,700 $266,400
2024 $4,684 $238,300 $53,600 $184,700
2023 $4,684 $270,200 $53,600 $216,600
2022 $4,402 $217,200 $45,300 $171,900
2021 $4,556 $211,200 $45,300 $165,900
2020 $4,556 $205,900 $39,100 $166,800
2019 $4,186 $192,000 $39,100 $152,900
2018 $3,978 $192,000 $39,100 $152,900
2017 $3,978 $183,500 $39,100 $144,400
2016 $4,007 $179,100 $39,100 $140,000
2015 $4,057 $181,200 $39,140 $142,060
2014 $3,862 $173,519 $24,720 $148,799
2013 $3,564 $173,519 $24,720 $148,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403008

Cedar Rapids Area Association of REALTORS®

APN: 11352-04047-00000