NOT LISTED FOR SALE

4019 Summerfield Ln NE Unit A Cedar Rapids, IA 52402

Estimated Value: $138,000 - $144,652

2 Beds
2 Baths
1,316 Sq Ft
$130/mo HOA Fee

Last Sold January 29, 2016

Last sale price $87,000 $66 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,044/month

253 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Den
  • 1 Car Attached Garage

About This Home

As of January 2016

MAIN FLOOR condo with a great new price and 1316 square feet. A large living room that opens to the formal dining room, den, and with access to the patio. A different floor plan with the 3rd bedroom area being a den with built in cabinets and display shelves. The eat-in kitchen features lots of cabinets, all appliances, and sunny eating area with a bow window. Great place for the morning coffee. There are 2 large bedrooms, master with walk-in closet and a master bath. Seller will give a $2000 carpet allowance. Main floor laundry, private storage room, and attached 1 car garage. Furnace, central air, and humidifier new 2004. Association fee is $130. Great NE location. Low utilities. Condo start up fee $250.

Last Agent to Sell the Property

Elsie Grimm

SKOGMAN REALTY Listed on: 05/21/2015

Co-Listed By

Judith Sloane

SKOGMAN REALTY

Last Buyer's Agent

Tessa Grimm

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,162

Year Built

  • 1979

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Den

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 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

  • Patio

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

$2,162

Year Built

1979

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1316
  • 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 1st Floor
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2162
  • List User Cell Phone: 319-360-2766
  • Miscellaneous: Cable Ready, Intercom, Patio, Security System
  • Net Tax: 1926
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94054
  • Ratio Close Price By Original Li: 0.79091
  • Ratio Current Price By Sq Ft: 66.11
  • Total Sq Ft: 1316
  • Tax Roll Number: 140822600601000
  • 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, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 280

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: 130
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • 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
May 21, 2015
Closed on
Jan 14, 2016
Sold by
Burton Neoma A
Bought by
Audus Kathleen K
Seller's Agent
Elsie Grimm
SKOGMAN REALTY
Buyer's Agent
Tessa Grimm
Pinnacle Realty LLC
List Price
$110,000
Sold Price
$87,000
Premium/Discount to List
-$23,000
-20.91%
Current Estimated Value
$139,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,565
Avg. Annual Appreciation
5.11%
Original Mortgage
$50,000
Outstanding Balance
$39,818
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$101,095
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
Audus Kathleen K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Audus Kathleen K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $87,000 -20.9% $66 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $110,000 -- $84 / 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 $2,086 $145,200 $19,000 $126,200
2024 $1,822 $138,800 $19,000 $119,800
2023 $1,822 $137,600 $19,000 $118,600
2022 $1,630 $102,900 $16,000 $86,900
2021 $1,726 $102,800 $16,000 $86,800
2020 $1,726 $100,900 $16,000 $84,900
2019 $1,872 $95,400 $16,000 $79,400
2018 $2,066 $95,400 $16,000 $79,400
2017 $2,114 $105,600 $8,000 $97,600
2016 $2,089 $101,600 $8,000 $93,600
2015 $1,904 $102,547 $8,000 $94,547
2014 $1,926 $102,547 $8,000 $94,547
2013 -- $102,547 $8,000 $94,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504122

Cedar Rapids Area Association of REALTORS®

APN: 14082-26006-01000