NOT LISTED FOR SALE

4007 Summerfield Ln NE Unit A Cedar Rapids, IA 52402

Estimated Value: $141,000 - $174,000

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 $1,131/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

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • 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 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
$152,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,634
Avg. Annual Appreciation
3.74%
Original Mortgage
$113,393
Outstanding Balance
$98,489
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$54,045

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
$54,045

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:

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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
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 Change Sq Ft Price
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

    112 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

This home is located at 4007 Summerfield Ln NE Unit A, Cedar Rapids, IA 52402 since 12 April 2018 and is currently estimated at $152,534, approximately $115 per square foot. This property was built in 1979. 4007 Summerfield Ln NE Unit A 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.
Information is deemed reliable but not guaranteed.

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