NOT LISTED FOR SALE

3818 Summerfield Ln NE Unit B Cedar Rapids, IA 52402

Estimated Value: $126,187 - $137,000

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. 43% increase in value since last sale

Current estimated payment $1,014/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 Listed By

Larry Stevenson

COLDWELL BANKER HEDGES Listed on: 10/29/2012

COLDWELL BANKER HEDGES

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
COLDWELL BANKER HEDGES
Buyer's Agent
Andrea Lamont
COLDWELL BANKER HEDGES
List Price
$104,500
Sold Price
$92,000
Premium/Discount to List
-$12,500
-11.96%
Total Days on Market
157
Current Estimated Value
$131,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,547
Original Mortgage
$69,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Cecil Jeanette
Bought by
Sarver Michael L and Quick Margaret A

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

  • 250 Cimarron Dr Unit 311, Hiawatha, IA 52233

    $155,000

    • 2 Beds
    • 2 Baths
    • 1,062 Sq Ft
    • 250 Cimarron Dr
    • Unit 311
    • Hiawatha, IA

    Nicely updated Condo in the heart of Hiawatha nothing to do but move right in! This unit is located on the courtyard side which offers beautiful views onto the huge green space and offers a view of the golf course as well. Rare in the condo market! Large relaxing covered deck to enjoy your morning coffee or night cap- rain or shine. One of the few buildings in the area to have inside stairs and

    Amy Bishop RE/MAX CONCEPTS

    Section Image
  • 3912 Summerfield Ln NE Unit C, Cedar Rapids, IA 52402

    $130,000

    • 2 Beds
    • 2 Baths
    • 1,147 Sq Ft
    • 3912 Summerfield Ln NE
    • Unit C
    • Cedar Rapids, IA

    Home Sweet Home! Move right into this low maintenance home! Nicely laid out, can set up for a formal dining room or a home office! Access the deck from the eat in kitchen or the living room! Nice green space to view from the deck. Ample storage throughout plus an additional storage area located in the main hallway! The primary bedroom offers a large walk in closet and a private bathroom. One

    Tami Timm COLDWELL BANKER HEDGES

    Section Image
  • 4111 Lexington Dr NE Unit D, Cedar Rapids, IA 52402

    $126,000

    • 2 Beds
    • 1 Bath
    • 1,022 Sq Ft
    • 4111 Lexington Dr NE
    • Unit D
    • Cedar Rapids, IA

    Welcome to 4111 Lexington NE Unit D. A spacious single level condo nestled on the Northeast side of Cedar Rapids. Enjoy carefree living and everything you need on one level. Step inside to the bright living room with a built in fireplace. Off the living room is the attached deck, perfect for relaxing on warm summer evenings. Head into the dining room and kitchen, featuring ample storage space and

    Brook Peterson LEPIC-KROEGER CORRIDOR, REALTORS

    Section Image
  • 4019 Summerfield Ln NE Unit D, Cedar Rapids, IA 52402

    $129,500

    • 2 Beds
    • 1 Bath
    • 1,022 Sq Ft
    • 4019 Summerfield Ln NE
    • Unit D
    • Cedar Rapids, IA

    *OPEN HOUSE FRIDAY 2:00 - 3:30 ** Welcome to your new spacious, sunny, and clean one-level condo across from Twin Pines Golf Course. Close to grocery shopping, restaurants, trails, and parks. NEW in 2025 - Exterior garage door, and Sliding glass door which leads to the patio balcony. Lovely views of greenery and morning sun make this the perfect spot for your morning coffee. PLENTY of storage

    Amber Pitt Keller Williams Legacy Group

    Section Image
  • 4124 Lexington Dr NE Unit C, Cedar Rapids, IA 52402

    $156,000

    • 2 Beds
    • 2 Baths
    • 1,147 Sq Ft
    • 4124 Lexington Dr NE
    • Unit C
    • Cedar Rapids, IA

    Enjoy all the seasons in this lovely condo. In the winter, you will be toasty room in the living room by the wood-burning fireplace. During the warmer months, step out onto the three-season porch to savor your morning coffee or enjoy a peaceful evening meal. This beautifully updated, move-in-ready home offers comfort and style, making it the perfect place to call your own. Don't miss out on this

    Marie Schulte RUHL & RUHL REALTORS®

    Section Image
  • 3040 Center Point Rd NE, Cedar Rapids, IA 52402

    $105,500

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 3040 Center Point Rd NE
    • Cedar Rapids, IA

    This charming 2nd-floor condo is the perfect retreat for those looking to settle down and break free from renting. With modern updates throughout, including new flooring, fresh paint, and updated appliances, this home offers a stylish, low-maintenance lifestyle. The well-maintained HOA provides peace of mind, taking care of the details so you can focus on enjoying your new space. Whether you are

    Jeremy Trenkamp COLDWELL BANKER HEDGES CORRIDOR

    Section Image
  • 250 Cimarron Dr Unit 207, Hiawatha, IA 52233

    $155,000

    • 2 Beds
    • 2 Baths
    • 1,043 Sq Ft
    • 250 Cimarron Dr
    • Unit 207
    • Hiawatha, IA

    Welcome home to this beautifully updated condo in the heart of Hiawatha! This 2-bedroom, 2-bathroom gem features fresh, modern flooring, updated light fixtures, and stylishly painted cabinets that give the space a bright, contemporary feel. Located on the ground floor, the unit offers easy access and a stunning view of the golf course from the spacious back patio—perfect for relaxing or

    Maddie Chapman RE/MAX CONCEPTS

    Section Image

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 $113,313
Closed Koske Randall E $109,498
Closed Koske Randall E $88,564
Closed 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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1207723

Cedar Rapids Area Association of REALTORS®

APN: 14082-27014-01001