NOT LISTED FOR SALE

3813 Summerfield Ln NE Unit B Cedar Rapids, IA 52402

Estimated Value: $131,874 - $133,000

2 Beds
1 Bath
1,022 Sq Ft
$137/mo HOA Fee

Last Sold December 16, 2022

Last sale price $125,000 $122 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,039/month

10 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • 1 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of December 2022

If you are slowing down, starting over or starting up, this lovely main floor condo could be for you. Casual elegance abounds and sunlight streams through the many windows creating bright and cheery ambience. Sparkling clean, fresh paint throughout and a spectacular view from sliding door out to common grounds. New windows, new siding and new roof on building. Newer humidifier on furnace for your comfort. Attached garage for convenience and safety and the building offers a secure entrance as well. You’ll appreciate the generous private storage room that comes with this unit and you’ll really enjoy the convenient location near shopping, restaurants. No rentals, no pets. Property is being sold by POA; no disclosure. Very reasonable Association Fee of $137.50/month. Alliant Energy average is $32/month; MId-American Gas average is $46/month. Start-up fee of $250. All measurements per city.

Last Listed By

Babs Haggin

IOWA REALTY Listed on: 10/28/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,063

Year Built

  • 1984

HOA Fees

  • $137 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,022 Sq Ft Home
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • No Pets Allowed

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,063

Year Built

1984

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt., Start Up Fee
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2063
  • List User Cell Phone: 319-360-6100
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 1806
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92627
  • Ratio Close Price By Original Li: 0.92627
  • Ratio Current Price By Sq Ft: 122.31
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 137
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 1, 2022
Sold by
Reardon Helen M
Bought by
Goldsmith Grant T
Seller's Agent
Babs Haggin
IOWA REALTY
Buyer's Agent
Liz Efting
SKOGMAN REALTY
List Price
$134,950
Sold Price
$125,000
Premium/Discount to List
-$9,950
-7.37%
Total Days on Market
10
Views
19
Current Estimated Value
$132,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,219
Avg. Annual Appreciation
2.33%
Original Mortgage
$100,000
Outstanding Balance
$95,029
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$37,190

Purchase Details

Closed on
Jul 31, 2003
Sold by
Jontz Jeanne L and Estate Of Dorothy Jean Bednase
Bought by
Reardon Helen M

Range of Values:

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Average Value
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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
Goldsmith Grant T $125,000 --
Reardon Helen M $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldsmith Grant T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $125,000 -7.4% $122 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $134,950 -- $132 / 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 $1,938 $121,800 $19,000 $102,800
2022 $1,806 $104,100 $16,000 $88,100
2021 $1,886 $99,600 $16,000 $83,600
2020 $1,886 $97,400 $16,000 $81,400
2019 $1,820 $96,200 $16,000 $80,200
2018 $1,680 $96,200 $16,000 $80,200
2017 $1,718 $90,700 $6,000 $84,700
2016 $1,783 $87,200 $6,000 $81,200
2015 $1,819 $88,818 $6,000 $82,818
2014 $1,634 $88,818 $6,000 $82,818
2013 $1,592 $88,818 $6,000 $82,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209454

Cedar Rapids Area Association of REALTORS®

APN: 14082-26011-01001