NOT LISTED FOR SALE

4007 Summerfield Ln NE Unit C Cedar Rapids, IA 52402

Estimated Value: $135,000 - $146,000

2 Beds
2 Baths
1,147 Sq Ft
$121/mo HOA Fee

Last Sold August 13, 2020

Last sale price $109,950 $96 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,037/month

14 Days on Market

Highlights

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

About This Home

As of August 2020

VERY NICE 2ND FLOOR UNIT IN LEXINGTON GREEN. THIS CONDO FEATURES 2 BEDROOMS, 2 FULL BATHS, GAS FIREPLACE, DECK, SECURED STORAGE AREA, AND 1 CAR GARAGE. CALL THIS PLACE HOME TODAY.

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 06/16/2020

Last Buyer's Agent

Brian Larkin

Keller Williams Legacy Group

Keller Williams Legacy Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,227

Year Built

  • 1979

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,147 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

Recreation

  • Snow Removal

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,227

Year Built

1979

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1147
  • Association Fee Frequency: Month
  • Association Management: By Association
  • 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: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 2227
  • List User Cell Phone: 319-981-3702
  • Miscellaneous: Deck
  • Net Tax: 2043
  • 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: 95.86
  • Total Sq Ft: 1147
  • Taxable Value Tv: 106800.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 1 Car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 121
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 10, 2020
Sold by
King Rachel J
Bought by
Kruckenberg Mindy M
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Brian Larkin
Keller Williams Legacy Group
List Price
$109,950
Sold Price
$109,950
Current Estimated Value
$140,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,494
Avg. Annual Appreciation
4.89%
Original Mortgage
$98,955
Outstanding Balance
$88,574
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$51,870

Purchase Details

Listed on
Oct 16, 2016
Closed on
Jul 3, 2017
Sold by
Larson Ray T and Cleveland Carolyn M
Bought by
King Rachel J
Seller's Agent
Elsie Grimm
SKOGMAN REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$89,950
Sold Price
$89,000
Premium/Discount to List
-$950
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$71,200
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2011
Sold by
Mckinney Linda S and Nationwide Advantage Mortgage
Bought by
Larson Ray T
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
Kruckenberg Mindy M $110,000 None Available
King Rachel J $89,000 None Available
Larson Ray T $59,275 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruckenberg Mindy M $98,955
Previous Owner King Rachel J $71,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $109,950 0.0% $96 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $109,950 +23.5% $96 / Sq Ft
07/14/2017 07/14/17 Sold $89,000 -1.1% $78 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
10/16/2016 10/16/16 For Sale $89,950 -- $78 / 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 $2,068 $128,300 $19,000 $109,300
2024 $2,014 $128,500 $19,000 $109,500
2023 $2,014 $127,300 $19,000 $108,300
2022 $1,978 $104,400 $16,000 $88,400
2021 $2,166 $104,400 $16,000 $88,400
2020 $2,166 $106,800 $16,000 $90,800
2019 $1,896 $96,500 $16,000 $80,500
2018 $1,964 $96,500 $16,000 $80,500
2017 $2,008 $92,200 $7,000 $85,200
2016 $1,886 $88,700 $7,000 $81,700
2015 $1,904 $89,521 $7,000 $82,521
2014 $1,904 $89,521 $7,000 $82,521
2013 -- $89,521 $7,000 $82,521
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

  • B

    Buyer's Agent in 2020

    Brian Larkin

    Keller Williams Legacy Group

    (319) 521-2640

    39 Total Sales

    Brian Larkin
    Section Image

  • E

    Seller's Agent in 2017

    Elsie Grimm

    SKOGMAN REALTY

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004391

Cedar Rapids Area Association of REALTORS®

APN: 14082-26007-01002

Iowa Linn County Cedar Rapids 52402

4007 Summerfield Ln NE Unit C, Cedar Rapids, IA

This home is located at 4007 Summerfield Ln NE Unit C, Cedar Rapids, IA 52402 since 16 June 2020 and is currently estimated at $140,444, approximately $122 per square foot. This property was built in 1979. 4007 Summerfield Ln NE Unit C 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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