NOT LISTED FOR SALE

5121 Spring Oak Ct NE Cedar Rapids, IA 52411

Estimated Value: $706,000 - $810,176

5 Beds
5.5 Baths
5,384 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $610,000 $113 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,340/month

10 Days on Market

Highlights

  • Deck
  • Recreation Room with Fireplace
  • Hydromassage or Jetted Bathtub
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • Den

About This Home

As of September 2020

Stately Elegance, quiet cul-de-sac, gorgeous 1.17 ACRE lot w/a fenced park-like backyard...... this beautifully bricked 2-story is sure to impress all ! The home includes a dramatic 2-story foyer with a grand curved staircase, an open floor plan including a main floor office with handsome cherry wainscotting and built-ins, 2-story great room with gas fireplace and over-sized custom built-ins, "Chef-like" kitchen with gorgeous dark cherry cabinets, Wolf gas cook-top and ovens, commercial sized custom vent, and commercial sized fridge and full freezer, two Bosch dishwashers , a spacious island plus an eat-in-kitchen. The formal dining room carries on the custom detailing with its coffered ceiling and moldings. The MAIN floor master bedroom suite is tucked away with its own private hallway. The 2nd floor includes 3 spacious bedrooms w/walk-in closets, one with a private bath and the other a shared The walkout lower level is practically an in-laws apartment with a Cherry wood bar including a dishwasher, stove, microwave and fridge! In addition a 5th bedroom, full bath, exercise room, 2nd laundry facility and storage. The yard is extraordinary with mature trees and plantings plus 2 fountains. The 4 stall garage, extra parking and circle drive are just a few more must see details. This home has a long list of updates and has been impeccably maintained; it is an amazing VALUE!

Last Agent to Sell the Property

Jane Glantz

SKOGMAN REALTY Listed on: 06/02/2020

Last Buyer's Agent

Jeannie Sattler

SATTLER HOMES REALTY INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,238

Year Built

  • 1993

Lot Details

  • 1.17 Acre Lot
  • Fenced
  • Irrigation

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room with Fireplace
  • Home Security System
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Basement

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

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Built by Sattler

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,238

Year Built

1993

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Style: 2 Stories
  • Acres: 1.1700
  • Above Grade Finished Sq Ft: 3708
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 5.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 11238
  • List User Cell Phone: 319-551-3600
  • Low Lvl Fin Sq Ft: 1676
  • Miscellaneous: Cable Ready, Deck, Fencing, Irrigation System, Jetted Tub, Patio, Security System, Sound System
  • Net Tax: 11238
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98403
  • Ratio Close Price By Original Li: 0.98403
  • Ratio Current Price By Sq Ft: 164.51
  • Total Sq Ft: 5384
  • Water Sewer Roads: City Sewer
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Gas, Great Room, Rec Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached, Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 1.17 Acre

Building Info

  • Builder Name: Sattler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 21, 2020
Sold by
Munjal Sandeep and Munjal Ritu
Bought by
Horton Benjamin and Horton Amber
Seller's Agent
Jane Glantz
SKOGMAN REALTY
Buyer's Agent
Jeannie Sattler
SATTLER HOMES REALTY INC.
List Price
$619,900
Sold Price
$610,000
Premium/Discount to List
-$9,900
-1.6%
Total Days on Market
10
Current Estimated Value
$757,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,794
Avg. Annual Appreciation
4.72%
Original Mortgage
$488,000
Outstanding Balance
$438,926
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$318,868

Purchase Details

Listed on
Sep 6, 2011
Closed on
Apr 5, 2012
Sold by
Smalley Gregory Allan and Smalley Wendy A
Bought by
Munjal Sandeep and Munjal Ritu
Seller's Agent
Jane Glantz
SKOGMAN REALTY
Buyer's Agent
Patricia Reaburn
SKOGMAN REALTY
List Price
$649,950
Sold Price
$570,000
Premium/Discount to List
-$79,950
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$417,000
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Russo Joseph R and Russo Donna L
Bought by
Smalley Gregory Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.21%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Horton Benjamin $610,000 None Available
Horton Benjamin $975,200 Estlund Tim A
Munjal Sandeep $570,000 None Available
Smalley Gregory Allan $534,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horton Benjamin $488,000
Closed Horton Benjamin $488,000
Previous Owner Munjal Sandeep $200,000
Previous Owner Munjal Sandeep $395,600
Previous Owner Munjal Sandeep $417,000
Previous Owner Smalley Gregory A $343,730
Previous Owner Smalley Gregory A $40,000
Previous Owner Smalley Gregory A $359,650
Previous Owner Smalley Gregory Allan $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $610,000 -1.6% $113 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $619,900 +8.8% $115 / Sq Ft
04/06/2012 04/06/12 Sold $570,000 -12.3% $106 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
09/06/2011 09/06/11 For Sale $649,950 -- $121 / 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 $13,060 $658,300 $132,200 $526,100
2022 $12,300 $628,100 $127,100 $501,000
2021 $11,504 $602,700 $101,700 $501,000
2020 $11,504 $521,400 $101,700 $419,700
2019 $11,238 $521,400 $101,700 $419,700
2018 $10,928 $521,400 $101,700 $419,700
2017 $11,478 $540,700 $101,700 $439,000
2016 $11,478 $540,000 $101,700 $438,300
2015 $11,476 $539,358 $101,700 $437,658
2014 $11,476 $539,358 $101,700 $437,658
2013 $11,230 $539,358 $101,700 $437,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004009

Cedar Rapids Area Association of REALTORS®

APN: 13014-76010-00000