NOT LISTED FOR SALE

4040 W Valley Dr Cedar Rapids, IA 52411

Estimated Value: $470,000 - $484,809

4 Beds
3.5 Baths
3,451 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2020

Last sale price $335,000 $97 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,914 / mo

126 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Patio
  • John F. Kennedy High School Rated A-
  • Forced Air Cooling System
  • Whole House Fan

About This Home

As of July 2020

You will feel at home the minute you step into this spacious ranch. Beautifully maintained and landscaped, you will appreciate all the amenities of this home. Features include, Millrun Hickory floors, large bow windows, to invite the natural light, crown molding, gas fireplace, tile floors in kitchen and baths, main floor laundry, 1/2 bath on the main level. Updated kitchen with a coffee bar. Also 4 large bedrooms, master has a full bath and walk in closet. There is also a 3 seasons room overlooking the rear yard. A fire pit and 2 concrete patios just add to the great features of this home. Lots of storage, full, walk out lower level with over 1200 finished sq. ft. The exterior has LED lighting for landscaping, and a water drip system for watering all the outside plants. Solar energy also gives you another reason to love this property. There is a storage shed and an oversized stall garage with an extra parking pad. Gutter guards, a place for a hot tub and an RO water filtration system, that is negotiable. Large room in lower level can be used as an office or bonus room. The front door and garage service door are brand new! Solar system on the roof makes the utilities bills small. Gutters have leaf guards. Also the septic and well mean you have lower taxes and no water and sewer bills! This is the perfect property

Last Agent to Sell the Property

Jolene Balvanz

IOWA REALTY Listed on: 02/10/2020

Last Buyer's Agent

Amanda B

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,134

Year Built

  • 1986

Lot Details

  • 1.05 Acre Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Whole House Fan
  • Gas Fireplace
  • Walk-Out Basement
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,134

Year Built

1986

Lot Details

1.05 Acres

Listing Details

  • Style: Ranch
  • Acres: 1.0500
  • Above Grade Finished Sq Ft: 2156
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Gross Tax: 4134
  • List User Cell Phone: 319-560-3593
  • Low Lvl Fin Sq Ft: 1295
  • Miscellaneous: Cable Ready, Patio, Storage Shed, Whole House Fan
  • Net Tax: 4008
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97130
  • Ratio Close Price By Original Li: 0.94393
  • Ratio Current Price By Sq Ft: 155.38
  • Total Sq Ft: 3451
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, 3 Seasons
  • Basement: Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 4
  • Fireplace Features: Built In, Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Off Street Parking
  • Garage Size: 676

Utilities

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

Lot Info

  • Lot Size: 1.05 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jul 17, 2020
Sold by
Milbrath Robert and Milbrath Jodie L
Bought by
Teske Timothy and White Alicia
Seller's Agent
Jolene Balvanz
IOWA REALTY
Buyer's Agent
Amanda B
Pinnacle Realty LLC
List Price
$354,900
Sold Price
$335,000
Premium/Discount to List
-$19,900
-5.61%
Current Estimated Value
$477,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,702
Avg. Annual Appreciation
6.31%
Original Mortgage
$301,500
Outstanding Balance
$267,350
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$210,352

Purchase Details

Closed on
Jun 3, 2004
Sold by
Milbrath Robert R and Milbrath Jodie L
Bought by
Milbrath Jodie L

Purchase Details

Closed on
Dec 11, 2001
Sold by
Campbell Gary E and Campbell Mary Janice
Bought by
Milbrath Robert R and Milbrath Jodie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Teske Timothy $335,000 None Available
Milbrath Jodie L -- --
Milbrath Robert R $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teske Timothy $301,500
Previous Owner Milbrath Robert R $174,000
Closed Milbrath Robert R $32,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $335,000 -2.9% $97 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
04/01/2020 04/01/20 Price Changed $344,900 -1.4% $100 / Sq Ft
03/04/2020 03/04/20 Price Changed $349,900 -1.4% $101 / Sq Ft
02/10/2020 02/10/20 For Sale $354,900 -- $103 / 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
2025 $4,588 $450,500 $66,300 $384,200
2024 $4,282 $405,700 $66,300 $339,400
2023 $4,282 $405,700 $66,300 $339,400
2022 $4,242 $311,900 $66,300 $245,600
2021 $4,562 $312,700 $66,300 $246,400
2020 $4,562 $302,000 $50,300 $251,700
2019 $4,008 $279,600 $50,300 $229,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2001054

Cedar Rapids Area Association of REALTORS®

APN: 13011-54004-00000

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