NOT LISTED FOR SALE

5320 W Mustang Rd Cedar Rapids, IA 52411

Estimated Value: $548,000 - $648,000

5 Beds
3.5 Baths
3,892 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $419,000 $108 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,876/month

5 Days on Market

Highlights

  • Home Theater
  • Deck
  • Vaulted Ceiling
  • John F. Kennedy High School Rated A-
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of June 2016

UNBELIEVABLE IN-TOWN ACREAGE!!! THIS STUNNING HOME HAS ALL THE FIRST CLASS AMENITIES ONE COULD ONLY DREAM OF! STARTING WITH SOARING 18FT CEILINGS IN THE GREAT ROOM WITH WALL OF WINDOWS OVERLOOKING A PERFECTLY MANICURED 1.2 ACRE LOT. AMENITIES INCLUDE: THEATER ROOM, WET BAR IN LL, CUSTOM BUILT SHELVING UNITS SURROUNDING TWO FIREPLACES IN BOTH GREAT ROOM AND LOWER LEVEL, GRANITE AND SOLID SURFACE COUNTER TOPS IN KITCHEN, HARDWOOD FLOORING, WHOLE HOUSE AUDIO SYSTEM, SECURITY SYSTEM, CENTRAL VAC, IRRIGATION SYSTEM, MAINTENANCE FREE DECKING, MASTER BEDROOM ON THE MAIN LEVEL WITH PRIVATE MASTER SUITE, JETTED TUB, AND OVERSIZED, HEATED 3 STALL GARAGE. HOME ALSO FEATURES BRAND NEW ROOF, GARAGE DOORS AND OPENERS, NEW EXTERIOR LANDSCAPING LIGHTING, AND NEWLY PROF. PAINTED INTERIOR ROOMS AND GARAGE. ALL OF THIS IN A SOUGHT AFTER NEIGHBORHOOD!!! WHAT A PRIVILEGE TO CALL THIS HOUSE YOUR HOME!

Last Agent to Sell the Property

Gloria Maxwell

Keller Williams Legacy Group Listed on: 05/15/2016

Keller Williams Legacy Group

Last Buyer's Agent

John Beltramea

EXIT Eastern Iowa Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,267

Year Built

  • 2000

Lot Details

  • 1.2 Acre Lot
  • Cul-De-Sac

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,267

Year Built

2000

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 1.2000
  • Above Grade Finished Sq Ft: 2692
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 7267
  • List User Cell Phone: 319-389-6740
  • Low Lvl Fin Sq Ft: 1200
  • Miscellaneous: Cable Ready, Deck, Jetted Tub, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 7082
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97465
  • Ratio Close Price By Original Li: 0.97465
  • Ratio Current Price By Sq Ft: 155.65
  • Total Sq Ft: 3892
  • Water Sewer Roads: Community Well, Recorded Agreement, Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Rec Room, Theater Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, In-Town Acrg

Exterior Features

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

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size: 1.2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2016
Closed on
May 12, 2016
Sold by
Vannoy Justin D and Vannoy Emily
Bought by
Sarrica Gregory and Sarrica Christina
Seller's Agent
Gloria Maxwell
Keller Williams Legacy Group
Buyer's Agent
John Beltramea
EXIT Eastern Iowa Real Estate Corridor
List Price
$429,900
Sold Price
$419,000
Premium/Discount to List
-$10,900
-2.54%
Current Estimated Value
$602,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,154
Avg. Annual Appreciation
3.90%

Purchase Details

Listed on
Jun 7, 2015
Closed on
Sep 16, 2015
Sold by
Lauritsen Terrance D and Lauritsen Kaye A
Bought by
Vannoy Justin D and Vannoy Emily
Seller's Agent
Gloria Maxwell
Keller Williams Legacy Group
Buyer's Agent
Gloria Maxwell
Keller Williams Legacy Group
List Price
$405,000
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$344,250
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2000
Sold by
C Rdr Homes Inc
Bought by
Lauritsen Terrance D and Lauritsen Kaye A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sarrica Gregory -- None Available
Vannoy Justin D $405,000 None Available
Lauritsen Terrance D $344,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vannoy Justin D $344,250
Previous Owner Lauritsen Terrance D $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2016 06/30/16 Sold $419,000 -2.5% $108 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $429,900 +6.1% $110 / Sq Ft
09/17/2015 09/17/15 Sold $405,000 0.0% $104 / Sq Ft View Prior Sale
06/07/2015 06/07/15 Pending -- -- --
06/07/2015 06/07/15 For Sale $405,000 -- $104 / 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 $8,490 $584,900 $91,800 $493,100
2024 $9,646 $509,400 $91,800 $417,600
2023 $9,646 $490,200 $91,800 $398,400
2022 $964,600 $466,200 $91,800 $374,400
2021 $9,472 $466,200 $91,800 $374,400
2020 $8,906 $412,200 $81,000 $331,200
2019 $8,472 $401,600 $76,000 $325,600
2018 $8,234 $401,600 $76,000 $325,600
2017 $7,365 $403,800 $76,000 $327,800
2016 $7,365 $346,500 $76,000 $270,500
2015 $7,267 $341,532 $76,000 $265,532
2014 $7,082 $341,532 $76,000 $265,532
2013 $6,926 $341,532 $76,000 $265,532
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gloria Maxwell

    Keller Williams Legacy Group

    (319) 389-6740

    34 Total Sales

    Gloria Maxwell
    Section Image
  • John Beltramea

    Buyer's Agent in 2016

    John Beltramea

    EXIT Eastern Iowa Real Estate Corridor

    (319) 329-5646

    98 Total Sales

    John Beltramea
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1605294

Cedar Rapids Area Association of REALTORS®

APN: 11303-51004-00000

Iowa Linn County Cedar Rapids 52411

5320 W Mustang Rd, Cedar Rapids, IA

Not Listed for Sale

Detached

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