NOT LISTED FOR SALE

5020 Chestnut Ridge Rd NE Cedar Rapids, IA 52411

Estimated Value: $547,000 - $873,792

3 Beds
5 Baths
3,164 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $525,000 $166 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,135/month

1 Day on Market

Highlights

  • Heated Floors
  • Fireplace in Primary Bedroom
  • Recreation Room
  • John F. Kennedy High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of July 2022

Located on almost a 2 acre wooded lot in the hottest growing area on the NE side close to all amenities, this home has what you've been looking for. This quality built home features a new roof, refinished brazilian eucalyptus hardwood floors, solid alder wood doors throughout, Pella windows, tall 16' ceilings in the entry and 10' throughout. The large eat-in kitchen with cherry cabinets, stainless steel appliances (new fridge), opens up into the living room with a gas fireplace and has a separate formal dining room. The primary bedroom features its own gas fireplace, tray ceiling, access to deck and attached bath with heated floors, his/ her custom closets, private toilet room, jacuzzi tub and custom tiled shower with dual heads. Laundry on the main with lockers, as well as a room for an office or could be used as a 2nd bedroom on the main. The walkout lower level was just finished 2 years ago features 9 foot ceilings, a large rec room, 2 bedrooms with their own private attached baths, gym/ craft room, and plenty of storage, including underneath the front stoop that could be a future wine cellar. Entertain on the covered deck and enjoy sunsets overlooking the wooded backyard. Extensive landscaping and irrigation covers the property and has everything you are looking for. A must see.

Last Agent to Sell the Property

Wendy Votroubek

SKOGMAN REALTY Listed on: 06/03/2022

SKOGMAN REALTY

Last Buyer's Agent

Sandra Koshatka

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,898

Year Built

  • 2005

Lot Details

  • 1.91 Acre Lot
  • Fenced
  • Irrigation
  • Wooded Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Heated Floors
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,898

Year Built

2005

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.9100
  • Above Grade Finished Sq Ft: 2029
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.20
  • Lower Level Bedroom: 2
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 8898
  • List User Cell Phone: 319-389-7653
  • Low Lvl Fin Sq Ft: 1135
  • Miscellaneous: Cable Ready, Deck, Fencing, Heated Flooring, Irrigation System, Jetted Tub, Satellite Dish, Security System, Vaulted Ceiling
  • Net Tax: 8709
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.05000
  • Ratio Close Price By Original Li: 1.05000
  • Ratio Current Price By Sq Ft: 258.75
  • Total Sq Ft: 3164
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Living Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bedrooms Level 1: 1
  • Fireplace Features: Built In, Gas, Living Room, Main/Primary Bedroom
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 3 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 1.91 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 12, 2022
Sold by
Hotchkiss Kara M and Hotchkiss Andrew J
Bought by
Ramos Rolando Aaron and Ramos Myka Ani
Seller's Agent
Wendy Votroubek
SKOGMAN REALTY
Buyer's Agent
Sandra Koshatka
Pinnacle Realty LLC
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Current Estimated Value
$641,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,198
Avg. Annual Appreciation
1.84%
Original Mortgage
$446,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Drum Alexander F
Bought by
Drum Kara M

Purchase Details

Closed on
Sep 7, 2006
Sold by
Midwest Janitorial Service Inc
Bought by
Drum Alexander F and Drum Kara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,250
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Ramos Rolando Aaron $525,000 None Listed On Document
Drum Kara M -- None Available
Drum Alexander F $474,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Rolando Aaron $446,250
Previous Owner Drum Alexander F $362,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $525,000 +5.0% $166 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $500,000 -- $158 / 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 $8,836 $513,400 $105,300 $408,100
2024 $8,864 $499,300 $105,300 $394,000
2023 $8,864 $499,300 $105,300 $394,000
2022 $8,296 $420,300 $86,800 $333,500
2021 $9,590 $400,500 $86,800 $313,700
2020 $9,590 $434,600 $86,800 $347,800
2019 $8,050 $373,500 $86,800 $286,700
2018 $7,828 $373,500 $86,800 $286,700
2017 $8,146 $387,700 $86,800 $300,900
2016 $8,146 $383,200 $86,800 $296,400
2015 $6,810 $320,000 $91,825 $228,175
2014 $6,810 $320,000 $91,825 $228,175
2013 $6,664 $320,000 $91,825 $228,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204920

Cedar Rapids Area Association of REALTORS®

APN: 14063-02027-00000