NOT LISTED FOR SALE

403 Hobbit Dr SE Cedar Rapids, IA 52403

Estimated Value: $438,000 - $494,000

4 Beds
4 Baths
3,340 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $435,000 $130 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,053/month

4 Days on Market

Highlights

  • Wooded Lot
  • Screened Porch
  • Cul-De-Sac
  • Hydromassage or Jetted Bathtub
  • Formal Dining Room
  • 3 Car Attached Garage

About This Home

As of June 2022

Welcome home!! This beautiful 2 story home is situated on almost an acre in a quiet cul-de-sac with amazing views of the surrounding area. Inside you will fall in love with the spacious kitchen, new counter tops and tons of cabinet space! Enjoy cozy nights with not one but 2 fireplaces! Wood burning in the living room or set the stage with the 2-sided gas fireplace that can be enjoyed in the family room and formal dining room. Prepare to be impressed by the size of the bedrooms! The primary bedroom is amazing with tons of room, a walk in closet and private bath. The screened porch has a brand-new screen and is perfect for relaxing and enjoying the wooded views. The walkout basement has an additional half bath, rec room and storage. 3-stall garage has plenty of room for vehicles and is extra deep with a storage area for all of your outdoor toys! Zoned heating and cooling with 2 HVAC units that are only 4 years old. Yearly association dues cover maintenance and snow removal of private street and neighborhood lighting.

Last Agent to Sell the Property

Jen Steffen

Pinnacle Realty LLC Listed on: 04/27/2022

Pinnacle Realty LLC

Last Buyer's Agent

Jen Steffen

Pinnacle Realty LLC Listed on: 04/27/2022

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,993

Year Built

  • 1987

Lot Details

  • 0.88 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,993

Year Built

1987

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Style: 2 Stories
  • Acres: 0.8840
  • Above Grade Finished Sq Ft: 2856
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 6993
  • List User Cell Phone: 319-981-0330
  • Low Lvl Fin Sq Ft: 484
  • Miscellaneous: Cable Ready, Jetted Tub, Patio
  • Net Tax: 6803
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.09023
  • Ratio Close Price By Original Li: 1.09023
  • Ratio Current Price By Sq Ft: 152.31
  • Total Sq Ft: 3340
  • Water Sewer Roads: City Sewer, City Water, Private Street Maint.
  • Zoning: res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Screen Porch
  • Basement: Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Gas, Great Room, Wood Burning
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Off Street Parking, On Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 480
  • Association: Yes

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: irr

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 8, 2022
Sold by
Johnson Douglas R and Johnson Lisa A
Bought by
Beers Jonathon D and Beers Kristine R
Seller's Agent
Jen Steffen
Pinnacle Realty LLC
Buyer's Agent
Jen Steffen
Pinnacle Realty LLC
List Price
$399,000
Sold Price
$435,000
Premium/Discount to List
$36,000
9.02%
Current Estimated Value
$462,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,096
Avg. Annual Appreciation
1.85%
Original Mortgage
$378,000
Outstanding Balance
$353,969
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$108,127

Purchase Details

Closed on
May 9, 2005
Sold by
Pitlik Diane M
Bought by
Johnson Douglas R and Johnson Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,990
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Beers Jonathon D $435,000 Oshea & O Shea Pc
Johnson Douglas R $297,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beers Jonathon D $378,000
Previous Owner Johnson Douglas R $157,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $435,000 +9.0% $130 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $399,000 -- $119 / 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 $6,754 $392,000 $83,000 $309,000
2024 $6,966 $392,100 $83,000 $309,100
2023 $6,966 $392,100 $83,000 $309,100
2022 $6,082 $330,300 $75,500 $254,800
2021 $6,706 $302,600 $75,500 $227,100
2020 $6,706 $312,500 $75,500 $237,000
2019 $6,976 $332,200 $75,500 $256,700
2018 $6,546 $332,200 $75,500 $256,700
2017 $6,336 $299,500 $75,500 $224,000
2016 $6,155 $289,600 $75,500 $214,100
2015 $6,401 $300,826 $75,457 $225,369
2014 $6,216 $300,635 $75,457 $225,178
2013 $6,074 $300,635 $75,457 $225,178
Source: Public Records

Agents Affiliated with this Home

  • Jen Steffen

    Seller's Agent in 2022

    Jen Steffen

    Pinnacle Realty LLC

    (319) 981-0330

    88 Total Sales

    Jen Steffen
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203764

Cedar Rapids Area Association of REALTORS®

APN: 14244-27006-00000

Iowa Linn County Cedar Rapids 52403

403 Hobbit Dr SE, Cedar Rapids, IA

This home is located at 403 Hobbit Dr SE, Cedar Rapids, IA 52403 since 27 April 2022 and is currently estimated at $462,096, approximately $138 per square foot. This property was built in 1987. 403 Hobbit Dr SE is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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