NOT LISTED FOR SALE

409 Elder Ln NW Cedar Rapids, IA 52405

Cherry Hill Park Neighborhood

Estimated Value: $172,000 - $180,000

3 Beds
1.5 Baths
1,029 Sq Ft
$172/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $125,000 $121 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $954/month

92 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of January 2021

Fantastic ranch in an established neighborhood! This home has updates and still needs some for a bit of sweat equity if you choose. Let your mind wander to what this home can be for the future. Sweet memories can be made with a bar in the basement as they have made memories here for years!

Last Agent to Sell the Property

Jennifer Goerdt

KW Advantage Listed on: 09/03/2020

KW Advantage

Last Buyer's Agent

Jason Naakktgeboren

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 65x104

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,029 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

1961

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1600
  • Above Grade Finished Sq Ft: 1029
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2574
  • List User Cell Phone: 319-350-1170
  • Miscellaneous: Deck
  • Net Tax: 2574
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92593
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 121.48
  • Total Sq Ft: 1029
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Range, Refrigerator, Water Heater – Gas
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Schools

  • Elementary School: Truman
  • Middle School: Taft
  • High School: Jefferson

Lot Info

  • Lot Size: 65x104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Bruseth Tracy L and Bruseth Douglas D
Bought by
Zamastil Heather L
Current Estimated Value
$173,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$90,093
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$86,899

Purchase Details

Listed on
Sep 3, 2020
Closed on
Jan 18, 2021
Sold by
Estate Of Delores M Evans
Bought by
Bruseth Tracy L and Bruseth Douglas D
Seller's Agent
Jennifer Goerdt
KW Advantage
Buyer's Agent
Jason Naakktgeboren
Pinnacle Realty LLC
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$100,000
Interest Rate
2.6%
Mortgage Type
New Conventional
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
Zamastil Heather L $125,000 None Available
Zamastil Heather L $125,000 None Listed On Document
Bruseth Tracy L $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamastil Heather L $100,000
Closed Zamastil Heather L $100,000
Previous Owner Bruseth Tracy L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $125,000 -7.4% $121 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/30/2020 11/30/20 Price Changed $135,000 0.0% $131 / Sq Ft
11/30/2020 11/30/20 For Sale $135,000 +8.0% $131 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $125,000 -- $121 / 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 $72 $149,200 $32,800 $116,400
2022 $72 $132,900 $28,100 $104,800
2021 $72 $126,800 $28,100 $98,700
2020 $135 $119,800 $25,000 $94,800
2019 $2,645 $115,000 $25,000 $90,000
2018 $2,410 $115,000 $25,000 $90,000
2017 $2,444 $112,200 $25,000 $87,200
2016 $2,349 $110,500 $25,000 $85,500
2015 $2,403 $112,981 $24,960 $88,021
2014 $2,218 $112,981 $24,960 $88,021
2013 $2,166 $112,981 $24,960 $88,021
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Goerdt

    Seller's Agent in 2021

    Jennifer Goerdt

    KW Advantage

    (319) 350-1170

    7 in this area

    94 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jason Naakktgeboren

    Pinnacle Realty LLC

    (319) 270-1084

    3 in this area

    106 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006290

Cedar Rapids Area Association of REALTORS®

APN: 13261-30009-00000

Iowa Linn County Cedar Rapids 52405 Cherry Hill Park

409 Elder Ln NW, Cedar Rapids, IA

This home is located at 409 Elder Ln NW, Cedar Rapids, IA 52405 since 03 September 2020 and is currently estimated at $176,992, approximately $172 per square foot. This property was built in 1961. 409 Elder Ln NW is a home located in Linn County with nearby schools including Truman Elementary School, Taft Middle School, and Thomas Jefferson 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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