NOT LISTED FOR SALE

422 Hobbit Dr SE Cedar Rapids, IA 52403

Estimated Value: $390,000 - $486,000

4 Beds
3 Baths
3,282 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $327,000 $100 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,824/month

5 Days on Market

Highlights

  • Heated Floors
  • Wooded Lot
  • Hydromassage or Jetted Bathtub
  • Recreation Room
  • Vaulted Ceiling
  • Formal Dining Room

About This Home

As of December 2016

Warm and welcoming one owner home at the end of a private cul-de-sac on a beautiful .53 wooded lot. Gleaming oak flooring, walls of windows and the vaulted ceiling brighten the open kitchen/family room area. You'll love the cozy gas fireplace and surrounding bookcase cabinetry to showcase your treasures. Just updated kitchen and main floor laundry room with 2 bar refrigerators make entertaining a breeze. Spacious master suite with recently updated bathroom is a special calming retreat after a hectic day. Lower level rec room and attached bonus/work out/craft room handle overflow and provide space for additional family activities. New central air and microwave 2016, new furnace humidifier 2015--see additional update list attached to this listing. Gardens, rear patio and water feature are nestled among the trees. Convenient to Erskine School and the Sac and Fox Trail with easy access to Mt. Vernon Rd and the Collins Rd. bypass. One year HSA warranty for buyer.

Last Agent to Sell the Property

Jill Gustin

SKOGMAN REALTY Listed on: 11/04/2016

Last Buyer's Agent

Steve Eden

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,913

Year Built

  • 1986

Lot Details

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Irrigation
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Masonry

Interior Spaces

  • 2-Story Property
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Heated Floors
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,913

Year Built

1986

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Style: 2 Stories
  • Acres: 0.5300
  • Above Grade Finished Sq Ft: 2808
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 5913
  • List User Cell Phone: 319-360-0440
  • Low Lvl Fin Sq Ft: 474
  • Miscellaneous: Cable Ready, Heated Flooring, Home Warranty, Irrigation System, Jetted Tub, Patio, Satellite Dish, Sound System, Vaulted Ceiling
  • Net Tax: 5728
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00615
  • Ratio Close Price By Original Li: 1.00615
  • Ratio Current Price By Sq Ft: 116.45
  • Total Sq Ft: 3282
  • Water Sewer Roads: City Sewer, City Water, Private Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Steel

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Tandem
  • Garage Size: 682

Utilities

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

Condo/Co-op/Association

  • Association Fee: 40
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Dec 13, 2016
Sold by
Cline Robert N and Cline Roberta R
Bought by
Schroeder Jon and Schroeder Katie
Seller's Agent
Jill Gustin
SKOGMAN REALTY
Buyer's Agent
Steve Eden
IOWA REALTY
List Price
$325,000
Sold Price
$327,000
Premium/Discount to List
$2,000
0.62%
Current Estimated Value
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,000
Avg. Annual Appreciation
3.14%
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
Schroeder Jon -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $327,000 +0.6% $100 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $325,000 -- $99 / 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 $6,124 $360,100 $72,600 $287,500
2024 $6,498 $356,500 $72,600 $283,900
2023 $6,498 $356,500 $72,600 $283,900
2022 $5,816 $317,000 $66,000 $251,000
2021 $6,418 $289,700 $66,000 $223,700
2020 $6,418 $299,500 $66,000 $233,500
2019 $6,870 $318,700 $65,700 $253,000
2018 $6,448 $318,700 $65,700 $253,000
2017 $6,094 $291,600 $65,700 $225,900
2016 $5,913 $281,500 $65,700 $215,800
2015 $5,728 $297,115 $65,726 $231,389
2014 $6,066 $296,662 $65,726 $230,936
2013 $5,920 $296,662 $65,726 $230,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1612311

Cedar Rapids Area Association of REALTORS®

APN: 14244-27009-00000