5020 Chestnut Ridge Rd NE Cedar Rapids, IA 52411
Estimated Value: $543,000 - $572,751
3
Beds
5
Baths
3,164
Sq Ft
$178/Sq Ft
Est. Value
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 2022Located 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.
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
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%
Total Days on Market
1
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
$38,438
Avg. Annual Appreciation
2.46%
Original Mortgage
$446,250
Outstanding Balance
$425,648
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$137,790
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
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This beautifully designed 5-bedroom, 3 1/2-bathroom home has everything you need for luxury living and functionality. Featuring a main-floor primary suite with an expansive en-suite bath, this home provides ultimate comfort and convenience. The inviting 2-story foyer opens to a spacious layout, including a den/office perfect for remote work. Enjoy the ease of a main-floor laundry room and an
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Home Values in the Area
Average Home Value in this Area
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 | Hoop Andrew J | $140,000 | |
| Previous Owner | Hoop Andrew J | $246,800 | |
| Previous Owner | Hotchkiss Kara M | $50,600 | |
| 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
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 | $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
-
Wendy Votroubek
Seller's Agent in 2022
Wendy Votroubek
SKOGMAN REALTY
(319) 389-7653
263 Total Sales
-
Sandra Koshatka
S
Buyer's Agent in 2022
Sandra Koshatka
Pinnacle Realty LLC
(319) 350-4230
81 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2204920
APN: 14063-02027-00000
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