NOT LISTED FOR SALE

5001 Mcgowan Dr Cedar Rapids, IA 52403

Estimated Value: $422,000 - $573,471

4 Beds
2.5 Baths
3,619 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $312,000 $86 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,975/month

32 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Ranch Style House
  • Recreation Room
  • Vaulted Ceiling
  • Great Room

About This Home

As of May 2017

Rare acreage on SE side! Property sits on just over an acre and is in county for taxes. Home features 4 bedrooms, 2.5 bathrooms and over 3,600 finished square feet. The great room has vaulted ceiling and wood burning fireplace. The large kitchen has plenty of counter and cabinet for you. From the spacious master bedroom you can step out onto the deck to enjoy your morning coffee or the evening sunset! The walkout basement offers plenty of space for an additional family or rec room. The cement pad beside the garage give you amble parking space.

Last Agent to Sell the Property

Jeremy Johannes

Epique Realty Listed on: 02/28/2017

Epique Realty

Co-Listed By

Tim Scherbring

Epique Realty

Last Buyer's Agent

Deb Frese

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,978

Year Built

  • 1990

Lot Details

  • 1.11 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Split Level Home
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Whole House Fan
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

$3,978

Year Built

1990

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Style: Ranch, Split Level
  • Acres: 1.1100
  • Above Grade Finished Sq Ft: 2695
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 3978
  • List User Cell Phone: 319-540-1002
  • Low Lvl Fin Sq Ft: 924
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Patio, Vaulted Ceiling, Whole House Fan
  • Net Tax: 3850
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97806
  • Ratio Close Price By Original Li: 0.97806
  • Ratio Current Price By Sq Ft: 115.77
  • Total Sq Ft: 3619
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: Den/Study, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 576

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200
  • Association: Yes

Lot Info

  • Lot Size: 1.11 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
May 1, 2017
Sold by
Woolf Bruce A and Woolf Julie Ann Peet
Bought by
Brech Alex Andrew and Brech Hilary Nicole
Seller's Agent
Jeremy Johannes
Epique Realty
Buyer's Agent
Deb Frese
IOWA REALTY
List Price
$319,000
Sold Price
$312,000
Premium/Discount to List
-$7,000
-2.19%
Current Estimated Value
$490,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,868
Avg. Annual Appreciation
5.44%
Original Mortgage
$175,000
Outstanding Balance
$145,534
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$345,334

Purchase Details

Closed on
Apr 10, 2007
Sold by
Keeney Russell J and Keeney Janet
Bought by
Woolf Bruce A and Peet Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brech Alex Andrew $312,000 None Available
Woolf Bruce A $263,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brech Alex Andrew $175,000
Previous Owner Woolf Bruce A $211,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $312,000 -2.2% $86 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $319,000 -- $88 / 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 $4,392 $416,900 $81,600 $335,300
2024 $4,564 $386,800 $81,600 $305,200
2023 $4,564 $386,800 $81,600 $305,200
2022 $4,490 $332,400 $81,600 $250,800
2021 $4,532 $332,400 $81,600 $250,800
2020 $4,532 $310,200 $65,900 $244,300
2019 $4,154 $290,700 $65,900 $224,800
2018 $4,010 $290,700 $65,900 $224,800
2017 $3,978 $270,800 $65,900 $204,900
2016 $3,978 $270,800 $65,900 $204,900
2015 $3,996 $270,800 $65,900 $204,900
2014 $3,868 $270,800 $65,900 $204,900
2013 $3,788 $270,800 $65,900 $204,900
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Johannes

    Seller's Agent in 2017

    Jeremy Johannes

    Epique Realty

    (319) 253-2555

    184 Total Sales

    Jeremy Johannes
    Section Image
  • Tim Scherbring

    Seller Co-Listing Agent in 2017

    Tim Scherbring

    Epique Realty

    (319) 361-5111

    136 Total Sales

    Tim Scherbring
    Section Image

  • D

    Buyer's Agent in 2017

    Deb Frese

    IOWA REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1701449

Cedar Rapids Area Association of REALTORS®

APN: 15194-27003-00000

Iowa Linn County Cedar Rapids 52403

5001 Mcgowan Dr, Cedar Rapids, IA

Not Listed for Sale

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