4518 Fairlane Ct NE Cedar Rapids, IA 52402
3
Beds
1.5
Baths
2,153
Sq Ft
9,583
Sq Ft Lot
Highlights
- Deck
- Recreation Room
- Vaulted Ceiling
- John F. Kennedy High School Rated A-
- Wooded Lot
- Ranch Style House
About This Home
As of March 2020If 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,446
Year Built
- 1961
Lot Details
- 9,583 Sq Ft Lot
- Cul-De-Sac
- Wooded Lot
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Frame Construction
Interior Spaces
- Vaulted Ceiling
- Gas Fireplace
- Family Room with Fireplace
- Great Room
- Living Room
- Formal Dining Room
- Recreation Room
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
- Storage Shed
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Water Softener Leased
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
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
Realty87
Buyer's Agent
Sara Griffin
Realty87
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,592
Avg. Annual Appreciation
5.36%
Original Mortgage
$166,500
Outstanding Balance
$147,263
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$98,410
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%
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | None Available | |
| Warranty Deed | $138,500 | -- | |
| Warranty Deed | $122,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $40,000 | New Conventional | |
| Open | $166,500 | New Conventional | |
| Previous Owner | $152,302 | FHA | |
| Previous Owner | $155,998 | FHA | |
| Previous Owner | $150,780 | Unknown | |
| Previous Owner | $20,000 | Unknown | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $132,050 | Unknown | |
| Previous Owner | $98,000 | No Value Available |
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 |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,798 | $208,000 | $36,400 | $171,600 |
| 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
Realty87
(319) 573-8106
144 Total Sales
-
Sara Griffin
Buyer's Agent in 2020
Sara Griffin
Realty87
(319) 310-3336
50 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1907991
APN: 14043-51005-00000
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