NOT LISTED FOR SALE

4751 Chestnut Trail Cedar Rapids, IA 52411

Estimated Value: $366,000 - $449,306

5 Beds
3 Baths
4,199 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $247,000 $59 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,599/month

88 Days on Market

Highlights

  • Deck
  • Recreation Room with Fireplace
  • Raised Ranch Architecture
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • 3 Car Detached Garage

About This Home

As of June 2015

Hard to find, in-town acreage with plenty of space to accommodate any family. Nestled within mature trees, this 5bedroom (lower level bedroom is non-conforming) 3bath home features a 3car garage & walk-out lower level. With almost 4200sq ft finished, you'll enjoy the size of the rooms & amount of storage there is. Some other great features are: spacious kitchen, formal dining, nice deck off the eat-in kitchen & also master suite, large guest bath, fireplace in the great room & wood burning stove in the lower level, built-ins on the main and lower level & much more. The lower level has tons of options & features large family room & mother-in-law suite. Some new windows have been installed, new roof & newer AC. Amazing value for the square footage!

Last Agent to Sell the Property

Kelli Feickert

Pinnacle Realty LLC Listed on: 01/30/2015

Pinnacle Realty LLC

Last Buyer's Agent

Heather Morris

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,696

Year Built

  • 1970

Lot Details

  • 1 Acre Lot
  • Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Recreation Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,696

Year Built

1970

Lot Details

0

Listing Details

  • Style: Raised Ranch, Ranch
  • Acres: 1.0000
  • Above Grade Finished Sq Ft: 2272
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3696
  • List User Cell Phone: 319-721-2738
  • Low Lvl Fin Sq Ft: 1927
  • Miscellaneous: Deck
  • Net Tax: 3566
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95551
  • Ratio Close Price By Original Li: 0.91993
  • Ratio Current Price By Sq Ft: 108.71
  • Total Sq Ft: 4199
  • Tax Roll Number: 140632900100000
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: Great Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 4
  • Fireplace Features: Built In, Gas, Great Room, Rec Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg, Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Detached
  • Garage Size: 3CAR

Utilities

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

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 1 ACRE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
May 15, 2015
Sold by
Schultz Garry R and Schultz Jacalyn I
Bought by
Wheeler Derek L and Wheeler Sarah A
Seller's Agent
Kelli Feickert
Pinnacle Realty LLC
Buyer's Agent
Heather Morris
SKOGMAN REALTY
List Price
$268,500
Sold Price
$247,000
Premium/Discount to List
-$21,500
-8.01%
Total Days on Market
88
Current Estimated Value
$402,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,577
Avg. Annual Appreciation
5.17%
Original Mortgage
$197,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Laugerman Duane E and Laugerman Jolene S
Bought by
Schultz Garry R and Schultz Jacalyn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,960
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1998
Sold by
Thomas William C and Thomas Catherine A
Bought by
Laugerman Duane E and Laugerman Jolene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.27%
Source: Public Records

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Range of Values:

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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
Wheeler Derek L $247,000 Stewart Title Guaranty Co
Schultz Garry R $249,500 --
Laugerman Duane E $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Derek L $20,000
Open Wheeler Derek L $223,500
Closed Wheeler Derek L $220,000
Previous Owner Wheeler Derek L $197,600
Previous Owner Schultz Garry R $25,000
Previous Owner Schultz Garry R $150,000
Previous Owner Schultz Gary R $142,000
Previous Owner Schultz Garry R $50,000
Previous Owner Schultz Garry R $20,000
Previous Owner Schultz Garry R $199,960
Previous Owner Laugerman Duane E $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $247,000 -8.0% $59 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $268,500 -- $64 / 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
2023 $4,064 $345,400 $65,000 $280,400
2022 $4,014 $296,400 $65,000 $231,400
2021 $4,150 $296,400 $65,000 $231,400
2020 $4,150 $283,400 $50,000 $233,400
2019 $3,788 $283,400 $50,000 $233,400
2018 $3,706 $264,700 $50,000 $214,700
2017 $3,708 $253,900 $50,000 $203,900
2016 $3,747 $253,900 $50,000 $203,900
2015 $3,771 $253,900 $50,000 $203,900
2014 $3,642 $253,900 $50,000 $203,900
2013 $3,566 $253,900 $50,000 $203,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1501005

Cedar Rapids Area Association of REALTORS®

APN: 14063-29001-00000