$282,000
SOLD SEP 8, 2017

5400 Michael Dr NE Cedar Rapids, IA 52411

4 Beds
3.5 Baths
2,841 Sq Ft
1.05 Acres

Recently Sold

$99 Per Sq Ft

8% Below List Price

58 Days on Market

Highlights

  • Recreation Room
  • Main Floor Primary Bedroom
  • Den
  • John F. Kennedy High School Rated A-
  • Great Room with Fireplace
  • 4 Car Garage

About This Home

As of June 2019

JUST REDUCED 12K!!!!! One and a half story cape sits on in town acreage (1.25 acres) with dead end street, minutes to Shopping. Beautiful mature trees, with privacy. 4 bedrooms, 3.5 bathrooms. Large open kitchen, family room, TV/sitting room, beautiful home office or homeschool set-up. Wood flooring on main floor. Two Master bedrooms, one on the main floor and one in the basement with large daylight window. Bathrooms have newer vanity tops, hardware, faucets and lighting fixtures. Large finished family room and storage area in the basement. Two stall garage and additional two stall garage in the back. Ample storage in the basement and in attic of second two stall garage. Enclosed back porch. New roof in 2012, New Air conditioning in 2016, New Stove, dishwasher, and microwave. Hooked up to city sewer 2007, Individual well and new well tank 2016, New flooring in the basement. Call to schedule your showing now!!

Last Agent to Sell the Property

Melea Ballou

Pinnacle Realty LLC Listed on: 06/12/2017

Pinnacle Realty LLC

Last Buyer's Agent

Sara Griffin

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,700

Year Built

  • 1992

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Whole House Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • 1.05 Acre Lot

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,700

Year Built

1992

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 1.0500
  • Above Grade Finished Sq Ft: 2071
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 5700
  • List User Cell Phone: 319-461-8615
  • Low Lvl Fin Sq Ft: 770
  • Miscellaneous: Cable Ready, Home Warranty, Patio, Whole House Fan
  • Net Tax: 5700
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98258
  • Ratio Close Price By Original Li: 0.92459
  • Ratio Current Price By Sq Ft: 136.17
  • Total Sq Ft: 2841
  • Taxable Value Tv: 266200.00
  • Water Sewer Roads: City Sewer, Public Street Maint., Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons, Den/Study, Great Room, Rec Room
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Great Room, Wood Burning
  • 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: In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached, Detached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 1.05 Acre

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 Type Sale Price Title Company
Warranty Deed $316,000 None Available
Warranty Deed -- None Available
Warranty Deed $188,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,800 New Conventional
Previous Owner $253,800 Adjustable Rate Mortgage/ARM
Previous Owner $179,550 No Value Available
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: 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 $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: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706262

Cedar Rapids 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 and is currently priced at $282,000, approximately $99 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.

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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