$85,000
SOLD OCT 15, 2014

4008 Summerfield Ln NE Unit C Cedar Rapids, IA 52402

2 Beds
2 Baths
1,147 Sq Ft
$108/mo HOA Fee

Recently Sold

$74 Per Sq Ft

10% Below List Price

216 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 1 Car Attached Garage
  • Intercom

About This Home

As of April 2016

A must see totally remodeled 2 bedroom 2 bath. Newer Amana Washer and Dryer, all new kitchen appliances and new Central Air to be installed in spring.

Last Agent to Sell the Property

June Bajet

WHY USA EASTERN IOWA REALTY

Last Buyer's Agent

Luann Steenhoek

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,657

Year Built

  • 1979

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,147 Sq Ft Home
  • Formal Dining Room
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,657

Year Built

1979

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1147
  • Association Fee Frequency: Month
  • 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: 1657
  • List User Cell Phone: 319-361-3176
  • Miscellaneous: Intercom, Patio
  • Net Tax: 1514
  • 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: 0.89947
  • Ratio Current Price By Sq Ft: 74.11
  • Total Sq Ft: 1147
  • Tax Roll Number: 140822701601002
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry, 3 Seasons
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • 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 Fee: 108
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Apr 12, 2016
Sold by
Allard Kaitlln D
Bought by
Read Tammy J
Seller's Agent
Luann Steenhoek
IOWA REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$89,900
Sold Price
$89,900
Total Days on Market
216
Current Estimated Value
$130,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,599
Avg. Annual Appreciation
4.18%

Purchase Details

Listed on
Feb 12, 2014
Closed on
Oct 8, 2014
Sold by
Xayasouk Mecksavanh L and Xayasouk Malay T
Bought by
Allard Kaitlin D
Seller's Agent
June Bajet
WHY USA EASTERN IOWA REALTY
Buyer's Agent
Luann Steenhoek
IOWA REALTY
List Price
$94,500
Sold Price
$85,000
Premium/Discount to List
-$9,500
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$68,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 2012
Sold by
Ha Hiep V
Bought by
Xayasouk Mecksavanh L and Xayasouk Malay T

Purchase Details

Closed on
Sep 23, 2000
Sold by
Stokes Karen S and Vance Cherie L
Bought by
Ha Hiep V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.99%

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 -- None Available
Warranty Deed $85,000 None Available
Warranty Deed $51,000 None Available
Legal Action Court Order $78,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $68,000 Adjustable Rate Mortgage/ARM
Previous Owner $71,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $89,900 0.0% $78 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $89,900 +5.8% $78 / Sq Ft
10/15/2014 10/15/14 Sold $85,000 -10.1% $74 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $94,500 -- $82 / 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 $1,960 $117,700 $19,000 $98,700
2022 $1,904 $101,800 $16,000 $85,800
2021 $2,090 $100,900 $16,000 $84,900
2020 $2,090 $103,300 $16,000 $87,300
2019 $1,828 $93,300 $16,000 $77,300
2018 $1,710 $93,300 $16,000 $77,300
2017 $1,750 $88,900 $7,000 $81,900
2016 $1,817 $85,500 $7,000 $78,500
2015 $1,836 $86,294 $7,000 $79,294
2014 $1,836 $86,294 $7,000 $79,294
2013 $1,796 $86,294 $7,000 $79,294
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1400889

Cedar Rapids Area Association of REALTORS®

APN: 14082-27016-01002