NOT LISTED FOR SALE

4300 High Ridge Rd Cedar Rapids, IA 52403

Estimated Value: $198,000 - $265,960

3 Beds
2 Baths
1,990 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $125,100 $63 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,471/month

35 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Forced Air Cooling System
  • Wooded Lot
  • 3 Car Detached Garage
  • Patio

About This Home

As of May 2019

Rare, in-town acreage with a lot of potential. This mid-century ranch needs a buyer with an "HGTV" vision. Almost 2000sf of finished space on a 1.5 acre lot in a great SE neighborhood. Detached 3-car garage and garden shed complete the property. Sold in "as is-where is" condition. No seller's property disclosure. New TPO Flat Roof System was installed in January 2019.

Last Agent to Sell the Property

Don Sturgeon

SKOGMAN REALTY Listed on: 03/07/2019

SKOGMAN REALTY

Last Buyer's Agent

Scott Olson

SKOGMAN REALTY COMMERCIAL

SKOGMAN REALTY COMMERCIAL

Home Details

Home Type

  • Single Family

Year Built

  • 1951

Lot Details

  • 1.52 Acre Lot
  • Fenced
  • Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,990 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Year Built

1951

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.5200
  • Above Grade Finished Sq Ft: 1990
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3479
  • List User Cell Phone: 319-360-3644
  • Miscellaneous: Fencing, Patio, Storage Shed
  • Net Tax: 3296
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.89421
  • Ratio Close Price By Original Li: 0.78236
  • Ratio Current Price By Sq Ft: 62.86
  • Total Sq Ft: 1990
  • Taxable Value Tv: 162200.00
  • Water Sewer Roads: City Water, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Rec Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 3 Cars, Detached
  • Garage Size: 26X36

Utilities

  • Heating Cooling: Forced Air, Gas Heat, Window/Wall Air

Schools

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

Lot Info

  • Lot Size: 66211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 23, 2019
Sold by
Mortgage Guaranty Insurance Corporation
Bought by
Covington Adam
Seller's Agent
Don Sturgeon
SKOGMAN REALTY
Buyer's Agent
Scott Olson
SKOGMAN REALTY COMMERCIAL
List Price
$159,900
Sold Price
$125,100
Premium/Discount to List
-$34,800
-21.76%
Current Estimated Value
$224,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,140
Avg. Annual Appreciation
9.59%
Original Mortgage
$100,080
Outstanding Balance
$87,446
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,794

Purchase Details

Closed on
Oct 9, 2018
Sold by
U S Bank National Association
Bought by
Mortgage Guaranty Insurance Corporation

Purchase Details

Closed on
Jun 5, 2018
Sold by
Jacobs Linda M
Bought by
U S Bank National Association and Chevy Chase Funding Llc

Purchase Details

Closed on
Nov 9, 2004
Sold by
24K Properties Llc
Bought by
Jacobs Raymond L and Jacobs Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,192
Interest Rate
5.91%
Mortgage Type
Unknown
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
Covington Adam $125,100 None Available
Mortgage Guaranty Insurance Corporation -- None Available
U S Bank National Association $129,200 None Available
Jacobs Raymond L $178,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covington Adam $100,080
Previous Owner Jacobs Raymond L $143,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $125,100 -10.6% $63 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/28/2019 03/28/19 Price Changed $139,900 -12.5% $70 / Sq Ft
03/07/2019 03/07/19 For Sale $159,900 -- $80 / 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 $3,390 $314,000 $63,000 $251,000
2024 $3,048 $201,600 $63,000 $138,600
2023 $3,048 $191,600 $63,000 $128,600
2022 $2,846 $144,500 $52,600 $91,900
2021 $3,824 $137,400 $52,600 $84,800
2020 $3,824 $173,300 $52,600 $120,700
2019 $3,496 $162,200 $52,600 $109,600
2018 $3,148 $162,200 $52,600 $109,600
2017 $3,318 $164,100 $52,600 $111,500
2016 $3,209 $154,300 $52,600 $101,700
2015 $3,235 $155,404 $52,600 $102,804
2014 $3,050 $152,625 $50,000 $102,625
2013 $2,922 $152,625 $50,000 $102,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1901561

Cedar Rapids Area Association of REALTORS®

APN: 14244-27012-00000