NOT LISTED FOR SALE

4125 Summerfield Ln NE Unit D Cedar Rapids, IA 52402

Estimated Value: $122,000 - $128,728

2 Beds
1 Bath
1,022 Sq Ft
$110/mo HOA Fee

Last Sold September 16, 2020

Last sale price $93,500 $91 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $960/month

3 Days on Market

Highlights

  • Gated Community
  • Deck
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • 1 Car Attached Garage

About This Home

As of September 2020

The original owner has loved this unit for 37 years, but now it's time for someone new to come in and update to their heart's content. The basics are here--1022 sq ft w/vaulted ceilings, 2 bdrms, 1 bath, a sgl att garage, separate lockable storage room, walk-in pantry and deck overlooking green space. It has a brand new garbage disposal, 4 ceiling fans, shelving in laundry, storage room and garage. Like it, Love it!!--put your updates into your loan at today's unbelievable low interest rates. Sold "AS IS", the deck does need new spindles and a new membrane. Local, experienced contractor has provided a bid. All appliances are included. Very low utilities: Gas, $26; Elec $50 and water $61. Monthly HOA fee is only $110. $250 Start-up fee. Seller is including Home Warranty with a 7-star upgrade w/only $75 deductible. After updates, this light-filled space will provide a wonderful home. Last D unit is SP at $110,000.

Last Agent to Sell the Property

Judith Sloane

SKOGMAN REALTY Listed on: 07/28/2020

SKOGMAN REALTY

Last Buyer's Agent

Tara Clayberg

Epique Realty

Epique Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,876

Year Built

  • 1983

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • No Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,876

Year Built

1983

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1022
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Formal Dining
  • Gross Tax: 1876
  • List User Cell Phone: 319-360-1036
  • Miscellaneous: Deck, Vaulted Ceiling
  • Net Tax: 1688
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98942
  • Ratio Close Price By Original Li: 0.98942
  • Ratio Current Price By Sq Ft: 91.49
  • Total Sq Ft: 1022
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1983

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 110
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • 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
Jul 28, 2020
Closed on
Sep 15, 2020
Sold by
Fevold Ardeth Ann
Bought by
Helberg Jessica C
Seller's Agent
Judith Sloane
SKOGMAN REALTY
Buyer's Agent
Tara Clayberg
Epique Realty
List Price
$94,500
Sold Price
$93,500
Premium/Discount to List
-$1,000
-1.06%
Current Estimated Value
$125,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,432
Avg. Annual Appreciation
6.09%
Original Mortgage
$88,825
Outstanding Balance
$78,680
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$47,252
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
Helberg Jessica C $93,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helberg Jessica C $88,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $93,500 -1.1% $91 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $94,500 -- $92 / 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 $2,182 $124,400 $19,000 $105,400
2024 $2,034 $124,300 $19,000 $105,300
2023 $2,034 $123,300 $19,000 $104,300
2022 $1,998 $96,400 $16,000 $80,400
2021 $1,816 $96,400 $16,000 $80,400
2020 $1,816 $94,200 $16,000 $78,200
2019 $1,668 $89,200 $16,000 $73,200
2018 $1,538 $89,200 $16,000 $73,200
2017 $1,649 $84,100 $7,000 $77,100
2016 $1,649 $80,900 $7,000 $73,900
2015 $1,681 $82,370 $7,000 $75,370
2014 $1,496 $82,370 $7,000 $75,370
2013 -- $82,370 $7,000 $75,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005170

Cedar Rapids Area Association of REALTORS®

APN: 14082-26005-01003