NOT LISTED FOR SALE

4008 Summerfield Ln NE Unit B Cedar Rapids, IA 52402

Estimated Value: $126,728 - $137,000

2 Beds
1 Bath
1,022 Sq Ft
$100/mo HOA Fee

Last Sold June 20, 2016

Last sale price $89,900 $88 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $962/month

264 Days on Market

Highlights

  • Recreation Room
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of June 2016

Come take a look. Fresh paint throughout has given this 1st floor condo a new look. With low taxes--$1784, low association fees--$100 and low utilities: Mid American $33, Alliant $31, this condo is quite affordable. 100% financing available at unbelievably low interest rates makes this condo cheaper than rent. The enclosed porch, newer windows throughout, oak kitchen cabinets, attached garage, secured front door and separate storage room all add to your enjoyment. The great location is close to Edgewood, I-380, banks, restaurants, golf course and grocery stores. Don't miss your chance to call this your new home. All appliances included. No rentals. No pets.

Last Agent to Sell the Property

Judith Sloane

SKOGMAN REALTY Listed on: 08/17/2015

SKOGMAN REALTY

Last Buyer's Agent

Judith Sloane

SKOGMAN REALTY Listed on: 08/17/2015

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,784

Year Built

  • 1979

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Built by Skogman

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,784

Year Built

1979

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Formal Dining
  • Gross Tax: 1784
  • List User Cell Phone: 319-360-1036
  • Miscellaneous: Cable Ready
  • Net Tax: 1784
  • 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: 0.98251
  • Ratio Current Price By Sq Ft: 87.96
  • Total Sq Ft: 1022
  • Tax Roll Number: 140822701601001
  • 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, 3 Seasons, Rec Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secure Storage Area
  • Association Fee: 100
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Skogman

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2017
Sold by
Guidinger Kathy
Bought by
Guidinger John A
Current Estimated Value
$131,682

Purchase Details

Listed on
Aug 17, 2015
Closed on
Jun 10, 2016
Sold by
Strovers Stephen E
Bought by
Guidinger John A
Seller's Agent
Judith Sloane
SKOGMAN REALTY
Buyer's Agent
Judith Sloane
SKOGMAN REALTY
List Price
$91,500
Sold Price
$89,900
Premium/Discount to List
-$1,600
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
May 25, 2011
Sold by
Spitzenberger Judith A
Bought by
Strovers Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2008
Sold by
Linkenback Wilma M
Bought by
Spitzenberger Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,200
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Guidinger John A -- None Available
Guidinger John A -- None Available
Strovers Stephen E $88,500 None Available
Spitzenberger Judith A $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strovers Stephen E $71,200
Previous Owner Spitzenberger Judith A $77,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $89,900 -1.7% $88 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
08/17/2015 08/17/15 For Sale $91,500 -- $90 / 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 $1,964 $126,900 $19,000 $107,900
2024 $2,128 $121,500 $19,000 $102,500
2023 $2,128 $121,500 $19,000 $102,500
2022 $1,972 $109,800 $16,000 $93,800
2021 $2,056 $104,200 $16,000 $88,200
2020 $2,056 $101,800 $16,000 $85,800
2019 $1,982 $100,500 $16,000 $84,500
2018 $1,658 $100,500 $16,000 $84,500
2017 $1,766 $86,400 $6,000 $80,400
2016 $1,766 $83,100 $6,000 $77,100
2015 $1,766 $83,832 $6,000 $77,832
2014 $1,784 $83,832 $6,000 $77,832
2013 $1,746 $83,832 $6,000 $77,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1506350

Cedar Rapids Area Association of REALTORS®

APN: 14082-27016-01001