NOT LISTED FOR SALE

4518 Fairlane Ct NE Cedar Rapids, IA 52402

Estimated Value: $232,000 - $249,000

3 Beds
2 Baths
2,153 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $185,000 $86 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,656/month

About This Home

As of March 2020

If you are looking for a move in ready Mid Century modern, you won’t want to miss this one. Located on a private cul-de-sac and walking distance to Pierce and Kennedy schools this three bedroom 1.5 bath ranch, feels like home when you walk in the door. The wood floors, tastefully painted rooms and vaulted ceilings welcome you. There is a eat in galley style kitchen and a large family room with a fireplace and formal dining area off the back of the home. The lower level is nicely finished and has a ½ bath, a non conforming bedroom . There is a large deck and a huge locked storage area below the family room. The attached 2 car garage and the new roof are another plus to this must-see home. Call for you private showing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Mar 28, 2020
Sold by
Ross Katherine E and Candia Fernando
Bought by
Montgomery Todd E
Seller's Agent
Karen Mathison
COLDWELL BANKER HEDGES
Buyer's Agent
Sara Griffin
COLDWELL BANKER HEDGES CORRIDOR
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Current Estimated Value
$241,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,429
Avg. Annual Appreciation
5.54%
Original Mortgage
$166,500
Outstanding Balance
$149,209
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$94,635

Purchase Details

Closed on
Aug 5, 2004
Sold by
Patschke George A and Patschke Barbara J
Bought by
Ross Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Interest Rate
6.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 1997
Sold by
Davie George A and Davie Janet C
Bought by
Patschke George A and Patschke Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.51%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Montgomery Todd E $185,000 None Available
Ross Katherine E $138,500 --
Patschke George A $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Todd E $40,000
Open Montgomery Todd E $166,500
Previous Owner Ross Katherine E $152,302
Previous Owner Ross Katherine $155,998
Previous Owner Ross Katherine E $150,780
Previous Owner Ross Katherine E $20,000
Previous Owner Ross Katherine E $25,000
Previous Owner Ross Katherine E $132,050
Previous Owner Patschke George A $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $185,000 -2.6% $86 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $190,000 -- $88 / Sq Ft

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 $3,798 $208,000 $36,400 $171,600
2022 $3,294 $188,900 $36,400 $152,500
2021 $3,434 $168,000 $34,700 $133,300
2020 $3,434 $164,200 $26,000 $138,200
2019 $3,446 $159,900 $26,000 $133,900
2018 $3,352 $159,900 $26,000 $133,900
2017 $3,094 $154,200 $26,000 $128,200
2016 $3,094 $145,600 $26,000 $119,600
2015 $3,068 $144,178 $26,014 $118,164
2014 $3,068 $152,885 $26,014 $126,871
2013 $3,184 $152,885 $26,014 $126,871
Source: Public Records

Agents Affiliated with this Home

  • Karen Mathison

    Seller's Agent in 2020

    Karen Mathison

    COLDWELL BANKER HEDGES

    (319) 573-8106

    154 Total Sales

    Karen Mathison
    Section Image
  • Sara Griffin

    Buyer's Agent in 2020

    Sara Griffin

    COLDWELL BANKER HEDGES CORRIDOR

    (319) 310-3336

    46 Total Sales

    Sara Griffin
    Section Image
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Map

Iowa Linn County Cedar Rapids 52402

4518 Fairlane Ct NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 4518 Fairlane Ct NE, Cedar Rapids, IA 52402 and is currently estimated at $241,429, approximately $112 per square foot. 4518 Fairlane Ct NE is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy 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.

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