$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

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
Total Days on Market
236
Current Estimated Value
$137,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,471
Avg. Annual Appreciation
4.78%
Original Mortgage
$10,995
Outstanding Balance
$6,258
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$131,163

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

Map

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 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 $10,995 Stand Alone Second
Open $98,955 New Conventional
Previous Owner $71,200 Adjustable Rate Mortgage/ARM
Previous Owner $67,000 New Conventional
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

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
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

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1611982

Cedar Rapids Area Association of REALTORS®

APN: 14082-26007-01002