NOT LISTED FOR SALE

3725 Cottage Reserve Rd NE Solon, IA 52333

Estimated Value: $1,246,000 - $1,531,733

5 Beds
3.5 Baths
3,663 Sq Ft
$386/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $1,020,000 $278 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,488/month

96 Days on Market

Highlights

  • Waterfront
  • Deck
  • Den
  • Solon Middle School Rated A-
  • Recreation Room
  • Formal Dining Room

About This Home

As of May 2020

Rare Opportunity to own this stunning lakefront home w/custom dock, gorgeous views, amazing sunsets and peaceful surroundings. This gorgeous home was designed & built by Rocca Custom Homes & offers 5 BR, 3.5 BA. Open floor plan, soaring 14 foot ceilings, exercise room, custom hide-out/play area. Lg master offers sliding door to deck. Master bath offers walk-in shower lg vanity w/dbl sinks. W/O LL offers lg family room plus wet bar. This home is full of surprises around every corner! Call today.

Last Agent to Sell the Property

Jill Armstrong

SKOGMAN REALTY Listed on: 02/21/2020

SKOGMAN REALTY

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,916

Year Built

  • 2009

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60x158
  • Waterfront

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • Built by Rocca Custom Homes

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,916

Year Built

2009

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Style: 2 Stories
  • Acres: 0.2200
  • Above Grade Finished Sq Ft: 2653
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Solon
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 13916
  • List User Cell Phone: 319-631-5455
  • Low Lvl Fin Sq Ft: 1010
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Patio, Screen Porch
  • Net Tax: 13916
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92727
  • Ratio Close Price By Original Li: 0.85000
  • Ratio Current Price By Sq Ft: 384.47
  • Total Sq Ft: 3663
  • Water Sewer Roads: Community Septic, Community Well, Public Street Maint.
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Living Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Electric, Family Room, Gas, Living Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 17
  • Site Description: Walk Out, Water Front

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Wood

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2100
  • Association: Yes

Schools

  • Elementary School: Solon
  • Middle School: Solon
  • High School: Solon

Lot Info

  • Lot Size: 60x158

Building Info

  • Builder Name: Rocca Custom Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
May 15, 2020
Sold by
Hartwig Mary C and Hartwig Andrew C
Bought by
Garms Adam W and Garms Rachel D
Seller's Agent
Jill Armstrong
SKOGMAN REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$1,200,000
Sold Price
$1,020,000
Premium/Discount to List
-$180,000
-15%
Current Estimated Value
$1,414,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,433
Avg. Annual Appreciation
6.53%
Original Mortgage
$510,400
Outstanding Balance
$371,789
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,042,644

Purchase Details

Closed on
Aug 29, 2007
Sold by
Moses Jeffrey D and Moses Terry J
Bought by
Hartwig Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Garms Adam W $1,020,000 None Available
Hartwig Mary C $545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garms Adam W $510,400
Previous Owner Garms Adam W $305,600
Previous Owner Hartwig Andrew C $780,000
Previous Owner Hartwig Andrew C $377,600
Previous Owner Hartwig Mary C $47,500
Previous Owner Hartwig Mary C $380,000
Previous Owner Hoses Jeffrey D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $1,020,000 -7.3% $278 / Sq Ft
04/01/2020 04/01/20 Price Changed $1,100,000 -8.3% $300 / Sq Ft
02/21/2020 02/21/20 For Sale $1,200,000 -- $328 / 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
2024 $18,014 $1,365,700 $489,600 $876,100
2023 $14,680 $1,365,700 $489,600 $876,100
2022 $13,828 $952,300 $275,400 $676,900
2021 $13,716 $907,500 $275,400 $632,100
2020 $13,716 $850,000 $275,400 $574,600
2019 $13,916 $850,000 $275,400 $574,600
2018 $13,620 $851,400 $272,700 $578,700
2017 $13,792 $851,400 $272,700 $578,700
2016 $13,248 $834,500 $272,700 $561,800
2015 $13,248 $834,500 $272,700 $561,800
2014 $12,630 $788,100 $272,700 $515,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2001318

Cedar Rapids Area Association of REALTORS®

APN: 0229432006