NOT LISTED FOR SALE

4007 Summerfield Ln NE Unit A Cedar Rapids, IA 52402

Estimated Value: $142,000 - $164,000

3 Beds
2 Baths
1,316 Sq Ft
$130/mo HOA Fee

Last Sold July 03, 2018

Last sale price $116,900 $89 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,123/month

41 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 July 2018

AVAILABLE MAIN FLOOR 3 BEDROOM CONDO WITH OVER 1300 SQ FT WITH ATTACHED GARAGE. PLENTY OF STORAGE. CLOSE TO SHOPPING, SCHOOLS, I-380 AND GOLF COURSE,, AND SECURED ENTRANCES...NEWLY PAINTED INTERIOR GOOD MECHANICALS, BATH OFF MASTER..

Last Agent to Sell the Property

Paul Canas

Pinnacle Realty LLC Listed on: 04/12/2018

Pinnacle Realty LLC

Last Buyer's Agent

Marc Simpson

RUHL & RUHL REALTORS

RUHL & RUHL REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,375

Year Built

  • 1979

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,316 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • 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

$2,375

Year Built

1979

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1316
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2375
  • List User Cell Phone: 319-981-1450
  • Miscellaneous: Patio
  • Net Tax: 2190
  • 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: 0.97824
  • Ratio Current Price By Sq Ft: 88.83
  • Total Sq Ft: 1316
  • 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, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Secure Storage Area, Secured Entrance
  • Association Fee: 130

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 29, 2018
Sold by
Teff Madonna M
Bought by
Yoder Joel R
Seller's Agent
Paul Canas
Pinnacle Realty LLC
Buyer's Agent
Marc Simpson
RUHL & RUHL REALTORS
List Price
$119,500
Sold Price
$116,900
Premium/Discount to List
-$2,600
-2.18%
Current Estimated Value
$151,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,549
Avg. Annual Appreciation
3.57%
Original Mortgage
$113,393
Outstanding Balance
$98,489
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$52,960

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 7, 2018
Sold by
Travis M Greene
Bought by
Teff Madonna
Seller's Agent
Paul Canas
Pinnacle Realty LLC
Buyer's Agent
Marc Simpson
RUHL & RUHL REALTORS
List Price
$119,500
Sold Price
$116,900
Premium/Discount to List
-$2,600
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,393
Outstanding Balance
$98,489
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$52,960

Purchase Details

Closed on
Aug 24, 2009
Sold by
Estate Of Donald Charles Spaight and Hughes Mary L
Bought by
Hughes Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2002
Sold by
Bruggink Marcia J
Bought by
Johnson Gloria M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yoder Joel R $117,000 None Available
Teff Madonna -- --
Hughes Kelly M $91,500 None Available
Johnson Gloria M $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoder Joel R $113,393
Closed Teff Madonna $98,820
Closed Teff Madonna --
Previous Owner Hughes Kelly M $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2018 07/03/18 Sold $116,900 0.0% $89 / Sq Ft
05/07/2018 05/07/18 Price Changed $116,900 -2.2% $89 / Sq Ft
04/12/2018 04/12/18 For Sale $119,500 -- $91 / 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 $2,318 $149,200 $19,000 $130,200
2024 $2,364 $142,600 $19,000 $123,600
2023 $2,364 $141,400 $19,000 $122,400
2022 $2,318 $121,000 $16,000 $105,000
2021 $2,416 $120,900 $16,000 $104,900
2020 $2,416 $118,100 $16,000 $102,100
2019 $2,404 $111,500 $16,000 $95,500
2018 $2,324 $111,500 $16,000 $95,500
2017 $2,324 $109,100 $8,000 $101,100
2016 $2,231 $105,000 $8,000 $97,000
2015 $2,253 $105,919 $8,000 $97,919
2014 $2,068 $105,919 $8,000 $97,919
2013 -- $105,919 $8,000 $97,919
Source: Public Records

Agents Affiliated with this Home

  • Paul Canas

    Seller's Agent in 2018

    Paul Canas

    Pinnacle Realty LLC

    (319) 981-1450

    114 Total Sales

    Paul Canas
    Section Image

  • M

    Buyer's Agent in 2018

    Marc Simpson

    Ruhl & Ruhl

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1802466

Cedar Rapids Area Association of REALTORS®

APN: 14082-26007-01000

Iowa Linn County Cedar Rapids 52402

4007 Summerfield Ln NE Unit A, Cedar Rapids, IA

Not Listed for Sale

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