NOT LISTED FOR SALE

4019 Summerfield Ln NE Unit C Cedar Rapids, IA 52402

Estimated Value: $129,000 - $135,541

2 Beds
2 Baths
1,147 Sq Ft
$121/mo HOA Fee

Last Sold February 03, 2020

Last sale price $93,500 $82 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,039/month

Highlights

  • Formal Dining Room
  • 1 Car Attached Garage
  • Central Air
  • John F. Kennedy High School Rated A-
  • Breakfast Bar

About This Home

As of February 2020

This home is located at 4019 Summerfield Ln NE Unit C, Cedar Rapids, IA 52402 since 03 February 2020 and is currently estimated at $132,385, approximately $115 per square foot. This property was built in 1979. 4019 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.

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 02/03/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,977

Year Built

  • 1979

HOA Fees

  • $121 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,147 Sq Ft Home
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,977

Year Built

1979

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • 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, Formal Dining
  • Gross Tax: 1977
  • Net Tax: 1794
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93970
  • Ratio Close Price By Original Li: 0.93970
  • Ratio Current Price By Sq Ft: 81.52
  • Total Sq Ft: 1147
  • Transaction Type: Fsbo
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Brick

Garage/Parking

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

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 121
  • 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
Feb 3, 2020
Closed on
Jan 28, 2020
Sold by
Phillips Renee
Bought by
Smith Timothy P
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$99,500
Sold Price
$93,500
Premium/Discount to List
-$6,000
-6.03%
Total Days on Market
0
Current Estimated Value
$132,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,885
Avg. Annual Appreciation
6.77%
Original Mortgage
$84,150
Outstanding Balance
$75,481
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$56,904

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 20, 2016
Sold by
Shea Vanessa R
Bought by
Phillips Renee
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Judith Sloane
SKOGMAN REALTY
List Price
$89,950
Sold Price
$84,500
Premium/Discount to List
-$5,450
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

Purchase Details

Listed on
Feb 23, 2014
Closed on
Nov 18, 2014
Sold by
Hyde Laura E
Bought by
Shea Vanessa R
Seller's Agent
Lisa Nolan
RE/MAX CONCEPTS
Buyer's Agent
Michelle David
Pinnacle Realty LLC
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$72,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2011
Closed on
Mar 22, 2012
Sold by
Walker Stacia Leigh and Walker Aaron
Bought by
Hyde Laura E
Seller's Agent
Margaret Jenkins
SKOGMAN REALTY
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$98,000
Sold Price
$93,500
Premium/Discount to List
-$4,500
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.67%
Original Mortgage
$84,150
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2007
Sold by
Heefner John R and Estate Of Elizabeth M Heefner
Bought by
Dautremont Stacia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Smith Timothy P $93,500 None Available
Phillips Renee -- None Available
Shea Vanessa R $80,000 None Available
Hyde Laura E $92,500 None Available
Dautremont Stacia L $89,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Timothy P $84,150
Previous Owner Shea Vanessa R $72,000
Previous Owner Hyde Laura E $84,150
Previous Owner Dautremont Stacia L $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $93,500 -6.0% $82 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $99,500 +17.8% $87 / Sq Ft
09/29/2016 09/29/16 Sold $84,500 -6.1% $74 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $89,950 +12.4% $78 / Sq Ft
11/21/2014 11/21/14 Sold $80,000 -15.8% $70 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
02/23/2014 02/23/14 For Sale $95,000 +1.6% $83 / Sq Ft
03/23/2012 03/23/12 Sold $93,500 -4.6% $82 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
07/15/2011 07/15/11 For Sale $98,000 -- $85 / 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
2023 $2,126 $123,500 $19,000 $104,500
2022 $2,088 $100,800 $16,000 $84,800
2021 $2,278 $100,800 $16,000 $84,800
2020 $2,278 $103,200 $16,000 $87,200
2019 $2,012 $93,300 $16,000 $77,300
2018 $1,890 $93,300 $16,000 $77,300
2017 $1,815 $88,800 $7,000 $81,800
2016 $1,815 $85,400 $7,000 $78,400
2015 $1,630 $86,205 $7,000 $79,205
2014 $1,650 $86,205 $7,000 $79,205
2013 $1,610 $86,205 $7,000 $79,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2000974

Cedar Rapids Area Association of REALTORS®

APN: 14082-26006-01002