NOT LISTED FOR SALE

5500 W Mustang Rd Cedar Rapids, IA 52411

Estimated Value: $508,000 - $581,000

4 Beds
3.5 Baths
3,278 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $343,500 $105 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,695/month

2 Days on Market

Highlights

  • Fireplace in Kitchen
  • Recreation Room
  • Main Floor Primary Bedroom
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2015

NE Acreage! Hard to come by acreage in a popular neighborhood. Gorgeous custom built ranch home w/ main floor master bedroom suite. 2012 custom remodeled kitchen w/ new cabinets, quartz counters, built in wine shelf, new appliances. 2013-14 New improved laundry/mud room and half bath update. 2009 brick patio added with beautiful details. 2011 new roof. Built in 1999 this home shows like new! 4 bedrooms, 3.5 baths, 3,200+ sq ft finished. Nestled on a 1.2 Acreage. You'll enjoy the peaceful setting only minutes to EVERYTHING! Welcome Home!

Last Agent to Sell the Property

Renee Corkery

Realty87 Listed on: 05/27/2015

Realty87

Last Buyer's Agent

Edithe Opperman

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,213

Year Built

  • 1999

Lot Details

  • 1.2 Acre Lot
  • Cul-De-Sac
  • Irrigation

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,213

Year Built

1999

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 1.2000
  • Above Grade Finished Sq Ft: 2363
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 6213
  • List User Cell Phone: 319-551-7850
  • Low Lvl Fin Sq Ft: 915
  • Miscellaneous: Cable Ready, Irrigation System, Jetted Tub, Patio, Vaulted Ceiling
  • Net Tax: 6070
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99020
  • Ratio Close Price By Original Li: 0.99020
  • Ratio Current Price By Sq Ft: 145.37
  • Total Sq Ft: 3278
  • Tax Roll Number: 113035100600000
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Great Room, Rec 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, Kitchen
  • 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
  • Room Count: 9
  • Site Description: Cul-De-Sac, In-Town Acrg

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 795

Utilities

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

Schools

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

Lot Info

  • Lot Size: 1.2 ACRE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 28, 2015
Sold by
Hilton Gregory D and Hilton Kathleen M
Bought by
Uthoff Bryan K
Seller's Agent
Renee Corkery
Realty87
Buyer's Agent
Edithe Opperman
IOWA REALTY
List Price
$346,900
Sold Price
$343,500
Premium/Discount to List
-$3,400
-0.98%
Current Estimated Value
$549,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,553
Avg. Annual Appreciation
4.55%
Original Mortgage
$193,500
Outstanding Balance
$152,974
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$385,755

Purchase Details

Closed on
Oct 15, 1999
Sold by
C Rdr Homes Inc
Bought by
Hilton Gregory D and Hilton Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.87%
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
Uthoff Bryan K $343,500 None Available
Hilton Gregory D $284,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uthoff Bryan K $193,500
Previous Owner Hilton Gregory D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $343,500 -1.0% $105 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $346,900 -- $106 / 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 $8,270 $406,200 $91,800 $314,400
2022 $8,122 $392,100 $91,800 $300,300
2021 $8,062 $392,100 $91,800 $300,300
2020 $8,062 $365,400 $81,000 $284,400
2019 $7,664 $355,600 $76,000 $279,600
2018 $7,454 $355,600 $76,000 $279,600
2017 $7,644 $351,000 $76,000 $275,000
2016 $6,449 $303,400 $76,000 $227,400
2015 $6,393 $300,425 $76,000 $224,425
2014 $6,208 $300,425 $76,000 $224,425
2013 $6,070 $300,425 $76,000 $224,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504194

Cedar Rapids Area Association of REALTORS®

APN: 11303-51006-00000