$89,000
SOLD JUL 14, 2017

4007 Summerfield Ln NE Unit C Cedar Rapids, IA 52402

2 Beds
2 Baths
1,147 Sq Ft
$110/mo HOA Fee

Recently Sold

$78 Per Sq Ft

1% Below List Price

236 Days on Market

Highlights

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

About This Home

As of August 2020

Nice 2 bedroom, 2 full bath condo in desirable NE location. Living room features gas fireplace plus sliders to a deck. There is an adjoining dining room. Eat-in kitchen with microwave, stove, and dishwasher. Spacious master bedroom with large walk-in closet that features additional storage shelves. A private master bath. Newer faucets, light fixtures, and vinyl flooring. Secure entry, attached garage, and your own private storage room. Convenient location to I 380, Collins Road, and Edgewood Rd. There is a $250 start up association fee for new owner.

Last Agent to Sell the Property

Elsie Grimm

SKOGMAN REALTY Listed on: 10/16/2016

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,885

Year Built

  • 1979

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,147 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

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

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,885

Year Built

1979

Lot Details

0

HOA Fees

$110 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: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 1885
  • List User Cell Phone: 319-360-2766
  • Miscellaneous: Cable Ready, Deck, Intercom, Security System
  • Net Tax: 1886
  • 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: 0.98944
  • Ratio Current Price By Sq Ft: 77.59
  • Total Sq Ft: 1147
  • 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, Microwave, Range, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Brick

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 231

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 110
  • Association: Yes

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
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 Type Sale Price Title Company
Warranty Deed $110,000 None Available
Warranty Deed $89,000 None Available
Sheriffs Deed $59,275 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,955 New Conventional
Previous Owner $71,200 Adjustable Rate Mortgage/ARM
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

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1611982

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 and is currently priced at $89,000, approximately $77 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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