NOT LISTED FOR SALE

5109 Rich Mar Ln NW Cedar Rapids, IA 52405

Cherry Hill Park Neighborhood

Estimated Value: $230,302 - $261,000

3 Beds
2 Baths
1,812 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $147,500 $81 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,628/month

1 Day on Market

Highlights

  • Deck
  • Formal Dining Room
  • Central Air
  • Ranch Style House
  • 4 Car Attached Garage
  • 5-minute walk to Jacolyn Park

About This Home

As of July 2020

Here is a home with great potential! The current owner has owned it for 48 years. Everything has been very well taken care of. So with that being said a lot of the home is dated. So with a fresh spin on this home someone will be sitting with some good equity in this home. Side note, owner is leaving the pool table with the home.

Last Agent to Sell the Property

Jeremy Wilson

Infiniti Realty Listed on: 06/19/2020

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,174

Year Built

  • 1964

Lot Details

  • Lot Dimensions are 73 x 100
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,174

Year Built

1964

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1312
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 3174
  • List User Cell Phone: 319-929-5595
  • Low Lvl Fin Sq Ft: 500
  • Miscellaneous: Cable Ready, Deck, Fencing, Storage Shed
  • Net Tax: 3174
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.03509
  • Ratio Close Price By Original Li: 1.03509
  • Ratio Current Price By Sq Ft: 112.42
  • Total Sq Ft: 1812
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Washer, Water Heater – Gas
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached
  • Garage Size: 4 Car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Hoover
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 73 X 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 30, 2020
Sold by
Egger Paul L
Bought by
Shannon Garrett J
Seller's Agent
Jeremy Wilson
Infiniti Realty
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$142,500
Sold Price
$147,500
Premium/Discount to List
$5,000
3.51%
Current Estimated Value
$240,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,076
Avg. Annual Appreciation
10.13%
Original Mortgage
$140,125
Outstanding Balance
$125,903
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$114,667
Source: Public Records

Range of Values:

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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
Shannon Garrett J $147,500 Security First Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Garrett J $140,125
Previous Owner Egger Paul L $80,000
Previous Owner Egger Paul L $108,000
Previous Owner Egger Paul L $109,200
Previous Owner Egger Paul L $13,650
Previous Owner Egger Paul L $34,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $147,500 +3.5% $81 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $142,500 -- $79 / 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 $3,802 $200,600 $36,000 $164,600
2022 $3,350 $180,300 $30,900 $149,400
2021 $3,358 $161,700 $30,900 $130,800
2020 $3,358 $152,200 $27,400 $124,800
2019 $2,886 $145,700 $27,400 $118,300
2018 $2,802 $145,700 $27,400 $118,300
2017 $2,939 $143,900 $27,400 $116,500
2016 $2,939 $141,600 $27,400 $114,200
2015 $2,967 $142,772 $27,448 $115,324
2014 $2,782 $142,772 $27,448 $115,324
2013 $2,716 $142,772 $27,448 $115,324
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeremy Wilson

    Infiniti Realty

    (319) 929-5595

    20 Total Sales

    Jeremy Wilson
    Section Image

  • G

    Buyer's Agent in 2020

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004507

Cedar Rapids Area Association of REALTORS®

APN: 13264-07008-00000

Iowa Linn County Cedar Rapids 52405 Cherry Hill Park

5109 Rich Mar Ln NW, Cedar Rapids, IA

This home is located at 5109 Rich Mar Ln NW, Cedar Rapids, IA 52405 since 19 June 2020 and is currently estimated at $240,576, approximately $132 per square foot. This property was built in 1964. 5109 Rich Mar Ln NW is a home located in Linn County with nearby schools including Hoover Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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