5501 Michael Dr Cedar Rapids, IA 52411
Estimated Value: $295,000 - $422,000
3
Beds
2
Baths
1,672
Sq Ft
$221/Sq Ft
Est. Value
About This Home
This home is located at 5501 Michael Dr, Cedar Rapids, IA 52411 and is currently estimated at $368,951, approximately $220 per square foot. 5501 Michael Dr is a home located in Linn County with nearby schools including Viola Gibson Elementary School, Ponderosa Elementary School, and Harding Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2017
Sold by
Lage Cindy L
Bought by
Glidewell Stacy M and Glidewell Joseph E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$20,598
Interest Rate
3.19%
Mortgage Type
New Conventional
Estimated Equity
$348,353
Purchase Details
Closed on
Oct 13, 2014
Sold by
Lage James P and Lage Cindy L
Bought by
Lage Joint Revocable Trust
Purchase Details
Closed on
Nov 9, 2001
Sold by
Gatens Gregg S and Gatens Patricia K
Bought by
Lage James P and Lage Cindy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.69%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glidewell Stacy M | $275,000 | None Available | |
| Lage Joint Revocable Trust | -- | None Available | |
| Lage James P | $207,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Glidewell Stacy M | $40,000 | |
| Open | Glidewell Stacy M | $105,000 | |
| Previous Owner | Lage James P | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,374 | $349,200 | $75,500 | $273,700 |
| 2024 | $5,430 | $351,800 | $75,500 | $276,300 |
| 2023 | $5,430 | $314,100 | $75,500 | $238,600 |
| 2022 | $5,332 | $266,300 | $60,400 | $205,900 |
| 2021 | $5,410 | $266,300 | $60,400 | $205,900 |
| 2020 | $5,410 | $253,800 | $50,300 | $203,500 |
| 2019 | $5,200 | $249,800 | $50,300 | $199,500 |
| 2018 | $5,052 | $249,800 | $50,300 | $199,500 |
| 2017 | $5,175 | $252,500 | $50,300 | $202,200 |
| 2016 | $5,175 | $243,500 | $50,300 | $193,200 |
| 2015 | $5,063 | $237,908 | $50,300 | $187,608 |
| 2014 | $4,878 | $237,908 | $50,300 | $187,608 |
| 2013 | $4,768 | $237,908 | $50,300 | $187,608 |
Source: Public Records
Map
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