NOT LISTED FOR SALE

3912 Summerfield Ln NE Unit D Cedar Rapids, IA 52402

Estimated Value: $124,000 - $136,000

2 Beds
2 Baths
1,022 Sq Ft
$124/mo HOA Fee

Last Sold May 24, 2019

Last sale price $94,000 $92 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $974/month

1 Day on Market

Highlights

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

About This Home

As of May 2019

Lexington Green just gets more popular all the time! This 2 bedroom second floor unit is priced for a quick sale so don't delay! Sure, it needs a bit of updating but is ready and waiting for your decorating touches! Comes complete with all appliances which are believed to be working but sold in "as-is" condition. Immediate possession but is an estate-subject to court approval.

Last Agent to Sell the Property

Ben Wheeler

Realty87 Listed on: 04/23/2019

Realty87

Last Buyer's Agent

Victoria Torres

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,907

Year Built

  • 1979

HOA Fees

  • $124 Monthly HOA Fees

Home Design

  • 1,022 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Additional Features

  • Deck
  • Gas Water Heater

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,907

Year Built

1979

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 1907
  • List User Cell Phone: 319-360-3088
  • Miscellaneous: Deck, Intercom
  • Net Tax: 1724
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 91.98
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 124
  • 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
Apr 23, 2019
Closed on
May 14, 2019
Sold by
Klimes Donald and Therme David
Bought by
Gilliland Migdalia
Seller's Agent
Ben Wheeler
Realty87
Buyer's Agent
Victoria Torres
Pinnacle Realty LLC
List Price
$94,000
Sold Price
$94,000
Current Estimated Value
$130,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,434
Avg. Annual Appreciation
5.29%
Original Mortgage
$88,500
Outstanding Balance
$77,809
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$52,625
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
Gilliland Migdalia $94,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilliland Migdalia $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $94,000 0.0% $92 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $94,000 -- $92 / 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 $1,890 $117,300 $19,000 $98,300
2024 $1,868 $117,300 $19,000 $98,300
2023 $1,868 $117,300 $19,000 $98,300
2022 $1,794 $97,400 $16,000 $81,400
2021 $1,894 $95,600 $16,000 $79,600
2020 $1,894 $94,400 $16,000 $78,400
2019 $1,742 $89,300 $16,000 $73,300
2018 $1,594 $89,300 $16,000 $73,300
2017 $1,632 $83,500 $6,000 $77,500
2016 $1,707 $80,300 $6,000 $74,300
2015 $1,725 $81,050 $6,000 $75,050
2014 $1,540 $81,050 $6,000 $75,050
2013 $1,502 $81,050 $6,000 $75,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1902956

Cedar Rapids Area Association of REALTORS®

APN: 14082-27015-01003