NOT LISTED FOR SALE

3818 Summerfield Ln NE Unit B Cedar Rapids, IA 52402

Estimated Value: $128,000 - $142,000

2 Beds
1 Bath
1,022 Sq Ft
$100/mo HOA Fee

Last Sold May 09, 2013

Last sale price $92,000 $90 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $956/month

157 Days on Market

Highlights

  • Ranch Style House
  • L-Shaped Dining Room
  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • 1 Car Attached Garage
  • Patio

About This Home

As of May 2013

Impressive main floor condo in quiet, tree-lined Lexington Green. Over $30k in UPDATES in the last 3 years! New gleaming oak Pergo flooring in entry, living room and formal dining room, ceramic flooring in kitchen, bathroom and laundry room, Anderson windows (in approximately 2006). Gorgeous new kitchen with Granite countertops, white cabinetry (with fold-out spice cabinet), stainless steel refrigerator and dishwasher, and a convection microwave. Flat top stove. Completely renovated bathroom with new tub/shower, stool, sink with sile-stone vanity, and beautiful new ceramic flooring. Large master bedroom with walk-in closet. Attractive living room with brick fireplace and sliding door to a cozy patio and green space. Large separate storage room and a convenient, attached 1 stall garage. Intercom to secured front door. No pets. No rentals. I year of HOA dues paid by owner. **SELLER WILL PAY 12 MONTHS OF ASSOC. DUES.

Last Agent to Sell the Property

Larry Stevenson

Realty87 Listed on: 10/29/2012

Realty87

Last Buyer's Agent

Andrea Lamont

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,734

Year Built

  • 1979

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,022 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Security System
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,734

Year Built

1979

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Dining 'L'
  • Gross Tax: 1734
  • List User Cell Phone: 319-981-8297
  • Miscellaneous: Cable Ready, Home Warranty, Patio, Security System, Storage Shed
  • Net Tax: 1734
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97354
  • Ratio Close Price By Original Li: 0.88038
  • Ratio Current Price By Sq Ft: 90.02
  • Total Sq Ft: 1022
  • Tax Roll Number: 140822701401001
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2012
Closed on
Apr 27, 2013
Sold by
Sarver Michael L and Quick Margaret A
Bought by
Koske Randall E
Seller's Agent
Larry Stevenson
Realty87
Buyer's Agent
Andrea Lamont
Realty87
List Price
$104,500
Sold Price
$92,000
Premium/Discount to List
-$12,500
-11.96%
Current Estimated Value
$133,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,992
Avg. Annual Appreciation
3.08%
Original Mortgage
$69,000
Outstanding Balance
$49,069
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$84,923

Purchase Details

Closed on
Sep 14, 2009
Sold by
Cecil Jeanette
Bought by
Sarver Michael L and Quick Margaret A
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
Koske Randall E $92,000 None Available
Sarver Michael L $84,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koske Randall E $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2013 05/09/13 Sold $92,000 -12.0% $90 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $104,500 -- $102 / 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 $1,754 $130,800 $19,000 $111,800
2024 $2,138 $125,200 $19,000 $106,200
2023 $2,138 $125,200 $19,000 $106,200
2022 $1,974 $113,600 $16,000 $97,600
2021 $2,062 $107,700 $16,000 $91,700
2020 $2,062 $105,300 $16,000 $89,300
2019 $1,986 $103,900 $16,000 $87,900
2018 $1,730 $103,900 $16,000 $87,900
2017 $1,831 $93,100 $6,000 $87,100
2016 $1,831 $89,500 $6,000 $83,500
2015 $1,851 $90,333 $6,000 $84,333
2014 $1,666 $90,333 $6,000 $84,333
2013 $1,696 $90,333 $6,000 $84,333
Source: Public Records

Agents Affiliated with this Home

  • Larry Stevenson

    Seller's Agent in 2013

    Larry Stevenson

    Realty87

    (319) 981-3447

    36 Total Sales

    Larry Stevenson
    Section Image

  • A

    Buyer's Agent in 2013

    Andrea Lamont

    Realty87

    24 Total Sales

    Andrea Lamont
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1207723

Cedar Rapids Area Association of REALTORS®

APN: 14082-27014-01001

Iowa Linn County Cedar Rapids 52402

3818 Summerfield Ln NE Unit B, Cedar Rapids, IA

This home is located at 3818 Summerfield Ln NE Unit B, Cedar Rapids, IA 52402 since 29 October 2012 and is currently estimated at $133,992, approximately $131 per square foot. This property was built in 1979. 3818 Summerfield Ln NE Unit B is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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