NOT LISTED FOR SALE

405 Lake View Dr NE Solon, IA 52333

Estimated Value: $403,000 - $456,000

5 Beds
3 Baths
2,518 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $360,000 $143 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,769/month

14 Days on Market

Highlights

  • Above Ground Pool
  • 0.79 Acre Lot
  • Contemporary Architecture
  • Solon Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of October 2021

Solon acreage alert! This incredible home truly has it all!! Popular development which borders the Coralville Reservoir, the potential to apply for Corp of Engineers dock permit, less than a minute from Lake McBride State Park, amazing wooded lot, fantastic deck and pool, and additional garage storage under the main garage, which includes cold storage. All of this before you even step foot inside this beautiful custom-built walkout home with 5 bedrooms, 3 full baths, and over 2500 sq feet of living space! You will love the mudroom space off the oversized garage, the sunken kitchen with new countertops, backsplash, and plank flooring. From the kitchen table, you will have incredible sunset views and amazing views of your beautiful backyard entertaining space overlooking your large decks and pool. The large family room has a built-in fireplace and new plank flooring. Rounding out the main floor is a full bath, three large bedrooms, including a master bath. The lower level has so many possibilities. Large family room with a walk-out to the deck and pool. A very large additional bedroom and recently added huge master closet, an additional full bath, and a newly added 5th bedroom can be used as an office or even a workout room. The seller is offering a flooring credit allowing buyers to choose the lower-level flooring of their choice. With too many updates like the home has a newer roof, furnace, ac, water heater, water softener, radon mitigation system, some new flooring, bathroom and kitchen updates, and so much more. The HOA dues cover road maintenance, water, garbage pick-up, recycling, and road snow removal. The home comes with an underground fence. With nearly the perfect location in the Solon School District, this home has so much to offer and is ready for the new owners!

** Sale will need to be subject to seller finding a suitable property.**

Last Agent to Sell the Property

Carla Werning

RUHL & RUHL REALTORS® Listed on: 08/30/2021

RUHL & RUHL REALTORS®

Last Buyer's Agent

Haley Daedlow

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,503

Year Built

  • 1994

Lot Details

  • 0.79 Acre Lot
  • Electric Fence
  • Wooded Lot
  • Property is zoned Res.

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

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

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio

Utilities

  • Central Air
  • 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

$4,503

Year Built

1994

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Contemporary
  • Acres: 0.7900
  • Above Grade Finished Sq Ft: 1286
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Solon
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 4503
  • List User Cell Phone: 319-360-9173
  • Low Lvl Fin Sq Ft: 1232
  • Miscellaneous: Above Ground Pool, Cable Ready, Deck, Electric Fence, Patio
  • Net Tax: 4364
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98657
  • Ratio Close Price By Original Li: 0.98657
  • Ratio Current Price By Sq Ft: 279.94
  • Total Sq Ft: 2518
  • Taxable Value Tv: 307600.00
  • Water Sewer Roads: Septic System, Well Water
  • Zoning: Res.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Off Street Parking

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 1200
  • Association: Yes

Schools

  • Elementary School: Solon
  • Middle School: Solon
  • High School: Solon

Lot Info

  • Lot Size: 34505

Building Info

  • Builder Name: Unknown

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 29, 2021
Sold by
Breen Tamara and Keller Tamara
Bought by
Storck Scott R and Linnabery Shelly M
Seller's Agent
Carla Werning
RUHL & RUHL REALTORS®
Buyer's Agent
Haley Daedlow
RUHL & RUHL REALTORS®
List Price
$364,900
Sold Price
$360,000
Premium/Discount to List
-$4,900
-1.34%
Current Estimated Value
$422,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,610
Avg. Annual Appreciation
4.51%
Original Mortgage
$310,000
Outstanding Balance
$287,485
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$139,655

Purchase Details

Closed on
Aug 13, 2021
Sold by
Breen Steven
Bought by
Breen Tamara and Keller Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 11, 2013
Sold by
Federal National Mortgage Association
Bought by
Keller Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2013
Sold by
Vincent Bradley W Vincent and Vincent Jennifer
Bought by
Pnc Bank Na

Purchase Details

Closed on
Mar 18, 2013
Sold by
Pnc Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2010
Sold by
Wells Fargo Bank N A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 7, 2007
Sold by
Vincent Bradley W
Bought by
Vincent Bradley W and Vincent Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2005
Sold by
Drake Michael L and Drake Barbara J
Bought by
Vincent Bradley W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Storck Scott R $360,000 None Available
Breen Tamara -- None Available
Keller Tamara $215,000 None Available
Pnc Bank Na $206,000 None Available
Federal National Mortgage Association -- None Available
Federal Home Loan Mortgage Corp -- None Available
Vincent Bradley W -- None Available
Vincent Bradley W $232,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storck Scott R $310,000
Closed Keller Tamara $250,000
Previous Owner Keller Tamara $165,000
Previous Owner Vincent Bradley W $236,500
Previous Owner Vincent Bradley W $232,500
Previous Owner Drake Barbara $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $360,000 -1.3% $143 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $364,900 -- $145 / 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
2024 $5,008 $387,200 $109,700 $277,500
2023 $5,312 $387,200 $109,700 $277,500
2022 $4,596 $350,200 $109,700 $240,500
2021 $4,364 $307,600 $97,600 $210,000
2020 $4,364 $279,100 $90,100 $189,000
2019 $4,494 $279,100 $90,100 $189,000
2018 $4,396 $283,500 $90,500 $193,000
2017 $4,452 $283,500 $90,500 $193,000
2016 $4,274 $277,900 $90,500 $187,400
2015 $4,274 $277,900 $90,500 $187,400
2014 $3,854 $249,200 $67,900 $181,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105996

Cedar Rapids Area Association of REALTORS®

APN: 0220305019