$236,000
SOLD SEP 14, 2018

5101 Cotton Ct SW Cedar Rapids, IA 52404

3 Beds
3 Baths
2,573 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

7% Below List Price

54 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Great Room with Fireplace
  • Prairie Ridge Elementary School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of July 2021

Incredible value in this spacious College Community home featuring a split bedroom floor plan which is well located on a cul de sac. The kitchen and great room are open and bright with tall, vaulted ceilings, fireplace and large kitchen. There is an awesome master suite with trey ceilings, large tile shower, dual vanities and an oversized walk in closet. Hardwood floors and tray ceilings add to the beauty of the main floor. The lower level is spacious with wet bar and a second fireplace in the rec room. Enjoy outdoors with a covered deck and maintenance free decking. Lower level has a large rec room with a fireplace, wet bar and bedroom. There is also a bonus room in lower level can be used as office, fitness or a fourth, non-conforming bedroom as it is equipped with a closet. This home is located in the highly sought after College Farms Neighborhood.

Last Agent to Sell the Property

Tiffany Earl-Williams

SKOGMAN REALTY COMMERCIAL Listed on: 06/26/2018

Last Buyer's Agent

John Beltramea

EXIT Eastern Iowa Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,256

Year Built

  • 2006

Lot Details

  • Lot Dimensions are 80 x 115
  • Cul-De-Sac

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,256

Year Built

2006

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1519
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 5256
  • List User Cell Phone: 319-651-8165
  • Low Lvl Fin Sq Ft: 1054
  • Miscellaneous: Cable Ready, Deck, Sound System, Vaulted Ceiling
  • Net Tax: 5256
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94589
  • Ratio Close Price By Original Li: 0.92731
  • Ratio Current Price By Sq Ft: 155.37
  • Total Sq Ft: 2573
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Great Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • 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: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 360
  • Association: Yes

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 80 X 115

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jul 16, 2021
Sold by
Anderson Carsen and Anderson Ashley
Bought by
Mally Erick
Seller's Agent
Tessa Grimm
Pinnacle Realty LLC
Buyer's Agent
Tessa Grimm
Pinnacle Realty LLC
List Price
$299,500
Sold Price
$299,500
Current Estimated Value
$356,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,303
Avg. Annual Appreciation
4.35%
Original Mortgage
$239,600
Outstanding Balance
$218,066
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$138,737

Purchase Details

Listed on
Jun 26, 2018
Closed on
Sep 12, 2018
Sold by
Jbs Holdings Llc
Bought by
Anderson Carsen and Anderson Ashley
Seller's Agent
Tiffany Earl-Williams
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
John Beltramea
EXIT Eastern Iowa Real Estate Corridor
List Price
$254,500
Sold Price
$236,000
Premium/Discount to List
-$18,500
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$188,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2015
Sold by
Heritage Home Builders Llc
Bought by
Jbs Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2007
Sold by
Heritage Home Builders Llc
Bought by
Crumbaugh Jeffrey J

Purchase Details

Closed on
Sep 11, 2007
Sold by
First Construction Co
Bought by
Heritage Home Builders Llc

Purchase Details

Closed on
Oct 16, 2006
Sold by
College Farms Llc
Bought by
First Construction Co
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 Type Sale Price Title Company
Warranty Deed $299,500 None Available
Warranty Deed $236,000 None Available
Warranty Deed $229,000 None Available
Contract Of Sale $254,500 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,600 New Conventional
Previous Owner $188,800 New Conventional
Previous Owner $262,000 New Conventional
Previous Owner $204,000 Future Advance Clause Open End Mortgage
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $299,500 0.0% $116 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $299,500 +26.9% $116 / Sq Ft
09/14/2018 09/14/18 Sold $236,000 -5.4% $92 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
07/26/2018 07/26/18 Price Changed $249,500 -2.0% $97 / Sq Ft
07/12/2018 07/12/18 For Sale $254,500 0.0% $99 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $254,500 -- $99 / 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
2024 $6,134 $321,500 $68,400 $253,100
2023 $6,134 $303,500 $64,600 $238,900
2022 $5,634 $276,900 $57,000 $219,900
2021 $5,646 $259,200 $53,200 $206,000
2020 $5,646 $248,000 $53,200 $194,800
2019 $5,410 $248,000 $53,200 $194,800
2018 $5,262 $241,200 $53,200 $188,000
2017 $5,262 $233,600 $53,200 $180,400
2016 $4,882 $225,600 $53,200 $172,400
2015 $4,852 $225,477 $53,176 $172,301
2014 $4,852 $225,477 $53,176 $172,301
2013 $4,612 $225,477 $53,176 $172,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1804559

Cedar Rapids Area Association of REALTORS®

APN: 19122-52009-00000