NOT LISTED FOR SALE

363 Cambridge Dr NE Cedar Rapids, IA 52402

Estimated Value: $268,000 - $291,000

3 Beds
3 Baths
2,270 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $249,000 $110 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,998/month

14 Days on Market

Highlights

  • Deck
  • Great Room
  • Eat-In Kitchen
  • Oak Ridge School Rated A-
  • Formal Dining Room
  • Patio

About This Home

As of August 2022

**Accepted offer pending relocation approval**So much space! Located in popular Bowman Woods neighborhood this home features new roof, new siding, new gutters, and new interior paint. The home includes three large bedrooms, three bath, large family room, large living room with fireplace, formal dining room, and a huge rec room in the lower level. The eat-in kitchen has an abundance of cabinets and storage, corian counter tops, and a new stainless steel stove and microwave. The fenced back yard features a large two tiered deck perfect for summer nights and entertaining.

Last Agent to Sell the Property

Julie Junge

IOWA REALTY Listed on: 07/12/2022

IOWA REALTY

Last Buyer's Agent

Sandra Koshatka

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,288

Year Built

  • 1977

Lot Details

  • 10,803 Sq Ft Lot
  • Fenced

Home Design

  • Split Foyer
  • Split Level Home
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,288

Year Built

1977

Lot Details

0

Listing Details

  • Style: Split Foyer, Split Level
  • Acres: 0.2480
  • Above Grade Finished Sq Ft: 1750
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 4288
  • List User Cell Phone: 319-329-1144
  • Low Lvl Fin Sq Ft: 520
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio
  • Net Tax: 4286
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99640
  • Ratio Close Price By Original Li: 0.99640
  • Ratio Current Price By Sq Ft: 142.29
  • Total Sq Ft: 2270
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Family Room, Great Room, Living Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: .248 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Jul 30, 2022
Sold by
Akarapu and Srilatha
Bought by
Porong Douglas S
Seller's Agent
Julie Junge
IOWA REALTY
Buyer's Agent
Sandra Koshatka
Pinnacle Realty LLC
List Price
$249,900
Sold Price
$249,000
Premium/Discount to List
-$900
-0.36%
Total Days on Market
14
Current Estimated Value
$280,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,282
Avg. Annual Appreciation
4.86%
Original Mortgage
$254,727
Outstanding Balance
$245,158
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
$38,814

Purchase Details

Listed on
Oct 1, 2014
Closed on
Mar 24, 2015
Sold by
Salomon Jose D and Salomon Monica
Bought by
Akarapu Gowrishwar
Seller's Agent
Pat Murphy
SKOGMAN REALTY
Buyer's Agent
Kathleen Klarenbeek
SKOGMAN REALTY
List Price
$182,950
Sold Price
$172,500
Premium/Discount to List
-$10,450
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$138,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2010
Sold by
Burbach Gary A and Burbach Cecelia N
Bought by
Salomon Jose D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,571
Interest Rate
4.6%
Mortgage Type
FHA
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
Porong Douglas S $249,000 None Listed On Document
Akarapu Gowrishwar $172,500 None Available
Salomon Jose D $178,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porong Douglas S $254,727
Previous Owner Akarapu Gowrishwar $133,800
Previous Owner Akarapu Gowrishwar $138,000
Previous Owner Salomon Jose D $176,571
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $249,000 -0.4% $110 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $249,900 +44.9% $110 / Sq Ft
03/26/2015 03/26/15 Sold $172,500 -5.7% $76 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $182,950 -- $81 / 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 $5,100 $249,500 $51,500 $198,000
2022 $4,318 $232,000 $43,600 $188,400
2021 $4,086 $204,000 $43,600 $160,400
2020 $4,086 $182,600 $37,600 $145,000
2019 $4,106 $185,300 $37,600 $147,700
2018 $3,928 $185,300 $37,600 $147,700
2017 $3,875 $177,500 $37,600 $139,900
2016 $3,875 $173,200 $37,600 $135,600
2015 $3,924 $175,229 $37,620 $137,609
2014 $3,924 $194,629 $23,760 $170,869
2013 $4,214 $194,629 $23,760 $170,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2206054

Cedar Rapids Area Association of REALTORS®

APN: 11352-06005-00000