NOT LISTED FOR SALE

5504 River Pkwy NE Cedar Rapids, IA 52411

Estimated Value: $737,000 - $928,000

5 Beds
5 Baths
4,667 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $764,900 $164 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,706/month

1 Day on Market

About This Home

As of April 2023

GORGEOUS THROUGHOUT!!! Custom built Sunderman home with over 4600sq ft of quality living space.You will love the wonderful natural light in every room, ideal open floor plan, gourmet kitchen w/white cabinetry, carrara marble tile backsplash, 14' island, Wolf gas cooktop with griddle,commercial grade side-by-side fridge, tons of storage, built-in buffet in dining area, beautiful wood floors throughout the kitchen, dining area and great room and white woodwork with accents of warm woods.The great room includes a full wall of custom built-ins and a floor to ceiling stone w/ gas fireplace, plus an amazing view of the Valley.Additional features include a 4 seasons sunroom, a huge laundry room with lots of storage, cubbies, bench, coat closet and 1/2 bath. This 5 bedroom home includes 3 full baths and 2 1/2 baths, a wonderful master suite with remote blinds, " dream" walk-in-closet, bath with walk-in- shower, heated floors, whirlpool tub and dual sinks. The walk-out lower level includes a handsome bar with a fridge, micro and a kegorator, a game area, TV area, a full theater room and access to a new, spacious stone patio with a water feature, stone gas fire pit, area for a hot tub and lots of new landscaping and added trees! The home includes an oversized 3 stall garage with heat, H/C running water, drains and central vac car system. Also included are security system, irrigation system, surround sound on both levels, central vac and zero grade entrance. This home is in " like-new" condition and a fabulous value!!

Last Agent to Sell the Property

Jane Glantz

SKOGMAN REALTY Listed on: 03/10/2023

Last Buyer's Agent

Debra Callahan

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,766

Year Built

  • 2017

Lot Details

  • 0.72 Acre Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Additional Features

  • Basement

Community Details

  • Built by Sunderman

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,766

Year Built

2017

Lot Details

0

Listing Details

  • Acres: 0.7230
  • Above Grade Finished Sq Ft: 2667
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.20
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Gross Tax: 13766
  • List User Cell Phone: 319-551-3600
  • Low Lvl Fin Sq Ft: 2000
  • Net Tax: 13600
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 286.80
  • Total Sq Ft: 4667
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Garage/Parking

  • Garage Size: 952 sf

Schools

  • Elementary School: Maple Grove
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: 0.723 ac

Building Info

  • Builder Name: Sunderman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 13, 2023
Sold by
Braksiek Robert and Braksiek Heidi
Bought by
Wright Tyler and Wright Elizabeth
Seller's Agent
Jane Glantz
SKOGMAN REALTY
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$764,900
Sold Price
$764,900
Views
29
Current Estimated Value
$835,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,536
Avg. Annual Appreciation
4.54%
Original Mortgage
$499,862
Outstanding Balance
$488,630
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$360,806

Purchase Details

Listed on
Apr 29, 2019
Closed on
Aug 20, 2019
Sold by
Bonat Christian M and Bonat Sandra H
Bought by
Braksiek Robert and Braksiek Heidi
Seller's Agent
Mitch Weideman
SKOGMAN REALTY
Buyer's Agent
Jane Glantz
SKOGMAN REALTY
List Price
$665,000
Sold Price
$630,000
Premium/Discount to List
-$35,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$126,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jul 19, 2017
Closed on
Dec 5, 2017
Sold by
Sunderman Construction Inc
Bought by
Bonat Christian M and Bonat Sandra H
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Anne Weideman
IOWA REALTY
List Price
$667,000
Sold Price
$667,872
Premium/Discount to List
$872
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.32%
Original Mortgage
$600,000
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Aug 27, 2015
Sold by
Seminole Park Development Llc
Bought by
Sunderman Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wright Tyler $765,000 None Listed On Document
Braksiek Robert $630,000 None Available
Bonat Christian M $668,000 None Available
Sunderman Construction Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Tyler $499,862
Previous Owner Braksiek Robert $528,000
Previous Owner Braksiek Robert $126,000
Previous Owner Braksiek Robert $472,500
Previous Owner Bonat Christian M $600,000
Previous Owner Sunderman Construction Inc $556,000
Previous Owner Sunderman Construction Inc $739,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $764,900 0.0% $164 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $764,900 +21.4% $164 / Sq Ft
08/29/2019 08/29/19 Sold $630,000 -5.3% $135 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $665,000 -0.4% $142 / Sq Ft
12/06/2017 12/06/17 Sold $667,872 +0.1% $149 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $667,000 -- $149 / 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 $13,850 $765,600 $166,800 $598,800
2022 $13,600 $665,500 $149,200 $516,300
2021 $13,748 $665,500 $149,200 $516,300
2020 $13,748 $631,700 $105,300 $526,400
2019 $12,772 $604,300 $105,300 $499,000
2018 $80 $604,300 $105,300 $499,000
2017 $0 $3,800 $3,800 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301537

Cedar Rapids Area Association of REALTORS®

APN: 13124-77001-00000