NOT LISTED FOR SALE

3718 Monarch Dr SW Cedar Rapids, IA 52404

Estimated Value: $280,000 - $285,000

3 Beds
2.5 Baths
2,112 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $175,000 $83 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,900/month

34 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Prairie Ridge Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of April 2015

As you enter through the front door of this home you will be amazed by the 16 foot ceilings in the "Great" room, spacious eat in kitchen with breakfast bar and brand new dishwasher, slider out to the deck with plenty of space for grilling and entertaining, main floor master with own bath, plus 1/2 bath on main level as well. The lower level is finished with laundry area off the storage room, on the second floor of the home you have 2 more bedrooms and a full bath and plenty of closet space, fenced back yard, College Community Schools, close to the interstate, shopping and restaurants.

Last Agent to Sell the Property

Jill Hartke

Century 21 Signature Real Estate Listed on: 01/10/2015

Century 21 Signature Real Estate

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,477

Year Built

  • 2001

Lot Details

  • Lot Dimensions are 63 x 132
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,477

Year Built

2001

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1412
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 3477
  • List User Cell Phone: 319-310-8101
  • Low Lvl Fin Sq Ft: 700
  • Miscellaneous: Cable Ready, Deck, Fencing, Security System, Storage Shed
  • Net Tax: 3478
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97222
  • Ratio Close Price By Original Li: 0.97222
  • Ratio Current Price By Sq Ft: 123.94
  • Total Sq Ft: 2112
  • Tax Roll Number: 190630300400000
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

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: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 63 X 132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2015
Closed on
Apr 17, 2015
Sold by
Gorman Shannon T and Gorman Sarah
Bought by
Xayasouk Derek L
Seller's Agent
Jill Hartke
Century 21 Signature Real Estate
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$282,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,918
Avg. Annual Appreciation
4.49%
Original Mortgage
$172,000
Outstanding Balance
$134,446
Interest Rate
3.77%
Mortgage Type
VA
Estimated Equity
$141,294

Purchase Details

Closed on
Dec 11, 2008
Sold by
Swartzendruber Patrick J and Morton Rachel K
Bought by
Gorman Shannon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,310
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2005
Sold by
Lewis Darren and Lewis Erica
Bought by
Swartzendruber Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2002
Sold by
High Development Corp
Bought by
Lewis Darren and Lewis Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 29, 2001
Sold by
Executive Construction Company
Bought by
High Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.27%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Xayasouk Derek L $175,000 None Available
Gorman Shannon T $168,500 None Available
Swartzendruber Patrick J $159,500 --
Lewis Darren $150,500 --
High Development Corp $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xayasouk Derek L $172,000
Previous Owner Gorman Shannon T $135,098
Previous Owner Gorman Shannon T $134,310
Previous Owner Swartzendruber Patrick J $7,000
Previous Owner Swartzendruber Patrick J $148,800
Previous Owner Lewis Darren $120,800
Previous Owner High Development Corp $108,750
Closed Lewis Darren $22,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $175,000 -2.8% $83 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
01/10/2015 01/10/15 For Sale $180,000 -- $85 / 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 $4,294 $241,600 $49,300 $192,300
2022 $4,114 $206,100 $45,900 $160,200
2021 $4,110 $201,700 $39,100 $162,600
2020 $4,110 $192,400 $39,100 $153,300
2019 $3,634 $173,800 $34,000 $139,800
2018 $3,528 $173,800 $34,000 $139,800
2017 $3,631 $174,100 $34,000 $140,100
2016 $3,631 $171,100 $34,000 $137,100
2015 $3,660 $170,051 $34,020 $136,031
2014 $3,660 $170,051 $34,020 $136,031
2013 $3,478 $170,051 $34,020 $136,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1500274

Cedar Rapids Area Association of REALTORS®

APN: 19063-03004-00000