NOT LISTED FOR SALE

5507 E Ave NW Cedar Rapids, IA 52405

Cherry Hill Park Neighborhood

Estimated Value: $264,000 - $297,000

4 Beds
3 Baths
2,738 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $210,500 $77 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,846/month

24 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Breakfast Bar
  • Recreation Room
  • Ranch Style House
  • Patio

About This Home

As of September 2018

EXCEPTIONALLY MAINTAINED HOME THAT FEELS LIKE NEW, THIS 2738 FINISHED SQUARE FOOT HOME INCLUDES A HIGH-END CHERRY KITCHEN WITH LARGE ISLAND, PULL OUTS & STAINLESS STEEL APPLIANCES, CUSTOM TILE FLOOR, LARGE PAINTED TRIM & 6 PANEL DOORS, FINISHED LOWER LEVEL WITH SURROUND SOUND, SPACIOUS LAUNDRY ROOM WITH CABINETRY, DEN/STUDY, SOLID SURFACE COUNTERTOPS, HIGH EFFICIENT HVAC, DOUBLE HUNG WINDOWS, HUGE PAVER PATIO AND AN INSULATED 24X24 GARAGE WITH DRIVEWAY LARGE ENOUGH FOR ALL YOUR GUESTS VEHICLES. MANY UPDATES INCLUDING NEWER WATER HEATER, WATCHDOG BATTERY BACKUP SUMP SECURITY SYSTEM, NEW PELLA EXTERIOR DOORS. A PRE-INSPECTION WAS DONE PRIOR TO HOME BEING LISTED. SELLER WILL SHARE REPORT WITH ANYONE WRITING OFFER. CLOSE TO SCHOOLS, PARKS, CHURCHES AND SHOPPING- THIS HOME IS AN INCREDIBLE BUY.

Last Agent to Sell the Property

Ryan Snakenberg

Pinnacle Realty LLC Listed on: 07/24/2018

Co-Listed By

Doug Mcallister

Pinnacle Realty LLC

Last Buyer's Agent

Rachael Ray

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,697

Year Built

  • 2003

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 64 x 105
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,697

Year Built

2003

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1540
  • Above Grade Finished Sq Ft: 1441
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 3697
  • List User Cell Phone: 319-440-6824
  • Low Lvl Fin Sq Ft: 1297
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio, Vaulted Ceiling
  • Net Tax: 3512
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96560
  • Ratio Close Price By Original Li: 0.96560
  • Ratio Current Price By Sq Ft: 146.08
  • Total Sq Ft: 2738
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Off Street Parking
  • Garage Size: 24X24

Utilities

  • Heating Cooling: Central Air

Schools

  • Elementary School: Truman
  • Middle School: Taft
  • High School: Jefferson

Lot Info

  • Lot Size: 64 X 105

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 13, 2018
Sold by
Thompson Garret and Thompson Joni
Bought by
Loes Amy M
Seller's Agent
Ryan Snakenberg
Pinnacle Realty LLC
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$218,000
Sold Price
$210,500
Premium/Discount to List
-$7,500
-3.44%
Current Estimated Value
$279,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,577
Avg. Annual Appreciation
4.14%
Original Mortgage
$189,450
Outstanding Balance
$166,494
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$112,583

Purchase Details

Closed on
Jan 28, 2010
Sold by
Jacobs Timothy Kent and Jacobs Amanda
Bought by
Thompson Garret and Thompson Joni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Loes Amy M $210,500 None Available
Thompson Garret $192,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loes Amy M $189,450
Closed Loes Amy M $21,050
Previous Owner Thompson Garret $160,910
Previous Owner Thompson Garret $154,000
Previous Owner Jacobs Timothy Kent $149,601
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $210,500 -3.4% $77 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $218,000 -- $80 / 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 $3,934 $216,800 $32,300 $184,500
2022 $3,660 $195,400 $27,600 $167,800
2021 $3,796 $185,600 $27,600 $158,000
2020 $3,796 $180,600 $24,600 $156,000
2019 $3,536 $172,600 $24,600 $148,000
2018 $3,434 $172,600 $24,600 $148,000
2017 $3,512 $169,800 $24,600 $145,200
2016 $3,548 $166,900 $24,600 $142,300
2015 $3,634 $170,806 $24,576 $146,230
2014 $3,634 $170,806 $24,576 $146,230
2013 $3,556 $170,806 $24,576 $146,230
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ryan Snakenberg

    Pinnacle Realty LLC

  • Doug Mcallister

    Seller Co-Listing Agent in 2018

    Doug Mcallister

    Pinnacle Realty LLC

    (319) 350-9476

    1 in this area

    63 Total Sales

    Doug Mcallister
    Section Image
  • Rachael Ray

    Buyer's Agent in 2018

    Rachael Ray

    SKOGMAN REALTY

    (319) 270-3104

    8 in this area

    190 Total Sales

    Rachael Ray
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1805260

Cedar Rapids Area Association of REALTORS®

APN: 13261-26006-00000

Iowa Linn County Cedar Rapids 52405 Cherry Hill Park

5507 E Ave NW, Cedar Rapids, IA

This home is located at 5507 E Ave NW, Cedar Rapids, IA 52405 since 24 July 2018 and is currently estimated at $279,077, approximately $101 per square foot. This property was built in 2003. 5507 E Ave NW is a home located in Linn County with nearby schools including Truman Elementary School, Taft Middle School, and Thomas Jefferson 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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