NOT LISTED FOR SALE

3919 Summerfield Ln NE Unit D Cedar Rapids, IA 52402

Estimated Value: $127,000 - $136,000

2 Beds
1 Bath
1,022 Sq Ft
$138/mo HOA Fee

Last Sold July 15, 2022

Last sale price $127,000 $124 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,026/month

7 Days on Market

Highlights

  • Gated Community
  • Deck
  • 1 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of July 2022

This bright and cherry 2nd floor condo features 1022 sq ft with 2 bedrooms, bath, separate dining room, separate storage room, secured front door and attached 1 car garage. From Derecho, the building has had a new roof and new siding with partial brick front is coming as well as new windows and new decks. Windows facing 3 directions makes this unit bright and cheery and provides great cross-ventilation. All kitchen appliances are included. Lexington Green is a popular location across from Twin Pines Golf Course and close to Edgewood and I380, shopping, schools and restaurants. No pets. No rentals. $350 Buyer start-up fee and $137.50 monthly HOA dues reflect July increases.

Last Agent to Sell the Property

Judith Sloane

SKOGMAN REALTY Listed on: 05/27/2022

SKOGMAN REALTY

Last Buyer's Agent

Olivia Bates

IOWA REALTY

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,156

Year Built

  • 1979

HOA Fees

  • $138 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,156

Year Built

1979

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Association Management: By Association, By Prop Mgmt., Start Up Fee
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Formal Dining
  • Gross Tax: 2156
  • List User Cell Phone: 319-360-1036
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1966
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.06723
  • Ratio Close Price By Original Li: 1.06723
  • Ratio Current Price By Sq Ft: 124.27
  • 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, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 138
  • 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
May 27, 2022
Closed on
Jul 11, 2022
Sold by
Cottrell Tina M
Bought by
Hyde Cedric L
Seller's Agent
Judith Sloane
SKOGMAN REALTY
Buyer's Agent
Olivia Bates
IOWA REALTY
List Price
$119,000
Sold Price
$127,000
Premium/Discount to List
$8,000
6.72%
Current Estimated Value
$132,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,056
Avg. Annual Appreciation
1.22%
Original Mortgage
$12,700
Outstanding Balance
$9,438
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$122,618

Purchase Details

Closed on
Jun 5, 2019
Sold by
Wright Timothy J and Wright Angela M
Bought by
Cottrell Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2017
Sold by
Bucklin Mindi L
Bought by
Wright Timothy J and Wright Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2005
Sold by
Wren Georgia L and Wren Georgia Lee
Bought by
Bucklin Mindi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,823
Interest Rate
6.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Hyde Cedric L $127,000 None Listed On Document
Cottrell Tina M $99,000 None Available
Wright Timothy J $88,500 None Available
Bucklin Mindi L $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyde Cedric L $12,700
Previous Owner Cottrell Tina M $59,000
Previous Owner Wright Timothy J $70,800
Previous Owner Bucklin Mindi L $72,823
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $127,000 +6.7% $124 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $119,000 -- $116 / 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 $2,252 $128,500 $19,000 $109,500
2024 $1,924 $128,300 $19,000 $109,300
2023 $1,924 $127,200 $19,000 $108,200
2022 $1,888 $100,100 $16,000 $84,100
2021 $1,966 $100,100 $16,000 $84,100
2020 $1,966 $97,700 $16,000 $81,700
2019 $1,992 $92,400 $16,000 $76,400
2018 $1,552 $92,400 $16,000 $76,400
2017 $1,667 $81,500 $6,000 $75,500
2016 $1,667 $78,400 $6,000 $72,400
2015 $1,683 $79,139 $6,000 $73,139
2014 $1,498 $79,139 $6,000 $73,139
2013 $1,462 $79,139 $6,000 $73,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204086

Cedar Rapids Area Association of REALTORS®

APN: 14082-26008-01003