3812 Summerfield Ln NE Unit B Cedar Rapids, IA 52402
Estimated Value: $122,075 - $132,000
2
Beds
1
Bath
1,022
Sq Ft
$105/mo
HOA Fee
Highlights
- Main Floor Primary Bedroom
- Formal Dining Room
- Forced Air Cooling System
- John F. Kennedy High School Rated A-
- 1 Car Attached Garage
- Patio
About This Home
As of June 20182 bedroom 1 bath ground floor condo with 1022 sq. ft. in popular Lexington Green. Original owner has owned this condo for 37 years. Now it's time for her to move on. Priced for the necessary updates needed, this condo is ready for a new owner. Pick your colors, your floor coverings and all the other amenities to go with it. Walk-in closet in master bedroom. Kitchen pantry. Intercom to secured front door. Attached 1 car garage. Secured storage room upstairs. All appliances included. Low taxes. Low utilities. $400 start-up fee. No pets. No rentals. Windows on 3 sides makes this unit light and bright. Come. Look. Have fun transforming this condo into your dream condo. Sold "As Is".
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,866
Year Built
- 1979
HOA Fees
- $105 Monthly HOA Fees
Home Design
- Slab Foundation
- Frame Construction
- Aluminum Siding
Interior Spaces
- 1,022 Sq Ft Home
- 2-Story Property
- Living Room
- Formal Dining Room
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Patio
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
Overview
- Built by Skogman
Amenities
- Community Storage Space
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2018
Closed on
May 31, 2018
Sold by
Krueger Marie E
Bought by
Polum Nicholas D
Seller's Agent
Judith Sloane
SKOGMAN REALTY
Buyer's Agent
Nick Polum
Century 21 Signature Real Estate
List Price
$89,500
Sold Price
$86,000
Premium/Discount to List
-$3,500
-3.91%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,519
Avg. Annual Appreciation
5.16%
Original Mortgage
$73,100
Outstanding Balance
$63,210
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$58,941
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Polum Nicholas D | $86,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Polum Nicholas D | $73,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2018 06/01/18 | Sold | $86,000 | -3.9% | $84 / Sq Ft |
| 05/01/2018 05/01/18 | Pending | -- | -- | -- |
| 04/23/2018 04/23/18 | For Sale | $89,500 | -- | $88 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,990 | $113,600 | $19,000 | $94,600 |
| 2022 | $1,824 | $103,200 | $16,000 | $87,200 |
| 2021 | $1,922 | $97,000 | $16,000 | $81,000 |
| 2020 | $1,922 | $95,700 | $16,000 | $79,700 |
| 2019 | $1,854 | $94,500 | $16,000 | $78,500 |
| 2018 | $1,642 | $94,500 | $16,000 | $78,500 |
| 2017 | $1,682 | $89,000 | $6,000 | $83,000 |
| 2016 | $1,749 | $85,600 | $6,000 | $79,600 |
| 2015 | $1,767 | $86,352 | $6,000 | $80,352 |
| 2014 | $1,582 | $86,352 | $6,000 | $80,352 |
| 2013 | $1,542 | $86,352 | $6,000 | $80,352 |
Source: Public Records
Agents Affiliated with this Home
-
Judith Sloane
J
Seller's Agent in 2018
Judith Sloane
SKOGMAN REALTY
(319) 366-6427
71 Total Sales
-
Nick Polum
N
Buyer's Agent in 2018
Nick Polum
Century 21 Signature Real Estate
(319) 393-4900
69 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1802735
APN: 14082-27013-01001
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