NOT LISTED FOR SALE

5400 Michael Dr NE Cedar Rapids, IA 52411

Estimated Value: $424,000 - $461,824

4 Beds
3.5 Baths
2,841 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $316,000 $111 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,903/month

34 Days on Market

Highlights

  • Recreation Room
  • Main Floor Primary Bedroom
  • Great Room with Fireplace
  • John F. Kennedy High School Rated A-
  • Solarium
  • Private Yard

About This Home

As of June 2019

Make yourself at home! While you enjoy the location close to everything yet on a dead-end quiet street. This story & ¾ Cape Cod style home sits on just over an acre with a 2 stall attached garage & 2 stall detached garage. This home is set up for entertaining with the brand new kitchen, formal dining & cozy great room with wood burning fireplace. When the weather turns warmer, take in the beautiful private yard with mature trees from your 3 seasons room, just off the kitchen.

Last Agent to Sell the Property

Sara Griffin

Realty87 Listed on: 03/14/2019

Realty87

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,886

Year Built

  • Built in 1992

Lot Details

  • 1.05 Acre Lot
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Whole House Fan
  • Skylights
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Solarium
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Gas
  • Private Water Source
  • Water Softener Leased
  • Internet Available

Community Details

  • Lovers Lane Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113125100400000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,886

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2841
  • Homebuilder: unknown
  • Owner Name L F Mi: Hayhoe
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Main floor Master & Laundry round out the main floor. Upstairs you will find 2 large bedrooms, a landing area great for reading a book or doing homework & a full bathroom. We cannot forget the lower level with ample storage & built in shelving, another bedroom/full bathroom & recreation room- Well you will just have to see it for yourself! Roof- 2012, AC-2016, Water Heater-2018
  • Year Built: 1992
  • Tax Year Report: 2018
  • Subdivision: Lovers Lane Estate
  • Directions: Blairs Ferry W towards Palo, Rt on Milburn then Rt on Michael Dr
  • L O1 Dues Paid: y
  • Amenities: Close to Shopping, Close to School
  • Basement Remarks: Poured Concrete, Finished, Full
  • Fireplace Type Location: In Great/Family Room, Wood Burning
  • Interior R: Skylight
  • Kitchen Breakfast R: Island, Pantry
  • Lot Description R: 1-2 Acres, Private Backyard
  • Possession R: Negotiable, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Make yourself at home! While you enjoy the location close to everything yet on a dead-end quiet street. This story & ¾ Cape Cod style home sits on just over an acre with a 2 stall attached garage & 2 stall detached garage. This home is set up for entertaining with the brand new kitchen, formal dining & cozy great room with wood burning fireplace. When the weather turns warmer, take in the beautiful private yard with mature trees from your 3 seasons room, just off the kitchen.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 2
  • Number Bedrooms Main: 1
  • Sq Ft Above: 2071
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 770
  • Laundry Location: Laundry Room, 1st Floor, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Manufactured Home, Frame
  • ExteriorFeatures: Patio, Workshop

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, Private Water, Water Softener (Rented)
  • Heating Cooling: Whole House Fan, Gas, Central, Floor Furnace

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 1.05
  • Geo Subdivision: IA
  • Lot Dimensions: 1.05 Acre
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 5620
  • Assessor Parcel Number: 113125100400000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 28, 2019
Sold by
Hayhoe Michael R and Hayhoe Kathy J
Bought by
Shanahan Bradley J and Shanahan Katherine M
Seller's Agent
Sara Griffin
Realty87
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$330,000
Sold Price
$316,000
Premium/Discount to List
-$14,000
-4.24%
Current Estimated Value
$439,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,206
Avg. Annual Appreciation
5.34%
Original Mortgage
$252,800
Outstanding Balance
$222,273
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$216,933

Purchase Details

Listed on
Jun 12, 2017
Closed on
Sep 7, 2017
Sold by
Struik Kenton L and Struik Shannon L
Bought by
Hayhoe Michael R and Hayhoe Kathy J
Seller's Agent
Melea Ballou
Pinnacle Realty LLC
Buyer's Agent
Sara Griffin
Realty87
List Price
$305,000
Sold Price
$282,000
Premium/Discount to List
-$23,000
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$253,800
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 21, 1999
Sold by
Birkenberger Lisa M and Austin John F
Bought by
Struik Kenton L and Struik Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
7.84%
Source: Public Records

Range of Values:

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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
Shanahan Bradley J $316,000 None Available
Hayhoe Michael R -- None Available
Struik Kenton L $188,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanahan Bradley J $252,800
Previous Owner Hayhoe Michael R $253,800
Previous Owner Struik Kenton L $179,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2019 06/06/19 Sold $316,000 -4.2% $111 / Sq Ft
03/14/2019 03/14/19 For Sale $330,000 +17.0% $116 / Sq Ft
09/08/2017 09/08/17 Sold $282,000 -1.7% $99 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/28/2017 07/28/17 Price Changed $287,000 -5.9% $101 / Sq Ft
06/12/2017 06/12/17 For Sale $305,000 -- $107 / Sq Ft
Source: Iowa City 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 $6,886 $424,500 $75,400 $349,100
2024 $7,512 $431,600 $75,400 $356,200
2023 $7,512 $399,600 $75,400 $324,200
2022 $6,386 $365,000 $60,300 $304,700
2021 $6,518 $317,200 $60,300 $256,900
2020 $6,518 $304,000 $50,300 $253,700
2019 $5,780 $268,200 $50,300 $217,900
2018 $5,438 $268,200 $50,300 $217,900
2017 $5,612 $266,200 $50,300 $215,900
2016 $5,453 $256,600 $50,300 $206,300
2015 $5,399 $253,691 $50,250 $203,441
2014 $5,214 $253,691 $50,250 $203,441
2013 $5,096 $253,691 $50,250 $203,441
Source: Public Records

Agents Affiliated with this Home

  • Sara Griffin

    Seller's Agent in 2019

    Sara Griffin

    Realty87

    (319) 310-3336

    50 Total Sales

    Sara Griffin
    Section Image

  • N

    Buyer's Agent in 2019

    Nonmember NONMEMBER

    NONMEMBER

  • M

    Seller's Agent in 2017

    Melea Ballou

    Pinnacle Realty LLC

    (319) 777-4431

    20 Total Sales

    Melea Ballou
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20191527

Iowa City Area Association of REALTORS®

APN: 11312-51004-00000

Iowa Linn County Cedar Rapids 52411

5400 Michael Dr NE, Cedar Rapids, IA

This home is located at 5400 Michael Dr NE, Cedar Rapids, IA 52411 since 14 March 2019 and is currently estimated at $439,206, approximately $154 per square foot. This property was built in 1992. 5400 Michael Dr NE is a home located in Linn County with nearby schools including Viola Gibson Elementary School, Harding Middle School, and John F. Kennedy 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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