NOT LISTED FOR SALE

3812 Summerfield Ln NE Unit A Cedar Rapids, IA 52402

Estimated Value: $140,587 - $173,000

3 Beds
2 Baths
1,316 Sq Ft
$126/mo HOA Fee

Last Sold September 22, 2014

Last sale price $108,000 $82 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,114/month

2 Days on Market

Highlights

  • Ranch Style House
  • L-Shaped Dining Room
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 1 Car Attached Garage
  • Intercom

About This Home

As of September 2014

HARD TO FIND 1ST FLOOR UNIT IN LEXINGTON GREEN WITH 3 BEDROOMS AND 2 BATHS. IN QUIET AREA. ATTACHED GARAGE, LARGE STORAGE ROOM, UPDATES INCLUDE; HIGH RISE STOOLS 2010. KITCHEN, BATHS AND ENTRY FLOORING 2011. FIREPLACE CONVERTED TO GAS 2011. NEW CARPETING 2010 .MICROWAVE 2010, DISHWASHER 2009. APPLIANCES INCLUDED. NO PETS . NO RENTALS.

Last Agent to Sell the Property

Janette Benzing

IOWA REALTY Listed on: 08/11/2014

Last Buyer's Agent

Tom Phelps

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,215

Year Built

  • 1979

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,215

Year Built

1979

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1316
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Dining 'L', Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2215
  • List User Cell Phone: 319-361-5511
  • Miscellaneous: Intercom, Patio
  • Net Tax: 2030
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98182
  • Ratio Close Price By Original Li: 0.98182
  • Ratio Current Price By Sq Ft: 82.07
  • Total Sq Ft: 1316
  • Taxable Value Tv: 106376.00
  • Tax Roll Number: 140822701301
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Partial Brick

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 280

Utilities

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

Condo/Co-op/Association

  • Association Fee: 126
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: COMMNON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2020
Sold by
Edward Judith A
Bought by
Borkowicz William R
Current Estimated Value
$151,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Outstanding Balance
$65,772
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$85,875

Purchase Details

Listed on
Aug 11, 2014
Closed on
Sep 13, 2014
Sold by
Woods Constance C
Bought by
Edwards Judith A
Seller's Agent
Janette Benzing
IOWA REALTY
Buyer's Agent
Tom Phelps
Realty87
List Price
$110,000
Sold Price
$108,000
Premium/Discount to List
-$2,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$78,000
Interest Rate
4.07%
Mortgage Type
New Conventional
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
Borkowicz William R $117,000 None Available
Edwards Judith A $108,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borkowicz William R $93,600
Previous Owner Edwards Judith A $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $108,000 -1.8% $82 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $110,000 -- $84 / 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 $2,204 $141,100 $19,000 $122,100
2024 $2,396 $135,000 $19,000 $116,000
2023 $2,396 $135,000 $19,000 $116,000
2022 $2,306 $122,500 $16,000 $106,500
2021 $2,428 $120,300 $16,000 $104,300
2020 $2,428 $118,600 $16,000 $102,600
2019 $2,230 $112,000 $16,000 $96,000
2018 $2,150 $112,000 $16,000 $96,000
2017 $2,202 $109,600 $8,000 $101,600
2016 $2,241 $105,400 $8,000 $97,400
2015 $2,263 $106,376 $8,000 $98,376
2014 $2,078 $106,376 $8,000 $98,376
2013 -- $106,376 $8,000 $98,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1405507

Cedar Rapids Area Association of REALTORS®

APN: 14082-27013-01000