NOT LISTED FOR SALE

5516 River Pkwy NE Cedar Rapids, IA 52411

Estimated Value: $675,000 - $751,894

4 Beds
3 Baths
3,846 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $675,000 $176 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,943/month

2 Days on Market

Highlights

  • Home Theater
  • Heated Floors
  • Great Room with Fireplace
  • John F. Kennedy High School Rated A-
  • Deck
  • Recreation Room

About This Home

As of October 2022

Don’t miss this gorgeous gem on over ¾ of an acre in Seminole Valley! Luxurious dark wood trim and solid doors throughout! Step into the spacious great room with 12’ ceilings, oak hardwood flooring that continues throughout, a stunning curved wall of windows to enjoy the backyard views, and 3-sided gas fireplace. Open concept floorplan flows right into the kitchen with shaker-style cabinets, quartz countertops, glass tile backsplash, breakfast bar, pantry, and all stainless-steel appliances including a gas 5 burner cooktop and in-wall oven and microwave. Daily dining off the kitchen features a built-in beverage station with wine fridge and sliders to one of the two maintenance free decks. Enjoy entertaining in the formal dining room with beautiful tray ceiling. Retreat to the primary suite with another tray ceiling, glass French doors, and en-suite bathroom with dual vanities, bubble tub, all tile shower with dual shower heads, tile flooring, and large walk-in closet. A second bedroom, second full bathroom, and spacious laundry room with cabinets and folding counter complete the main level. The walkout lower level offers plenty of space for entertainment. Large rec room with another curved wall of windows and wet bar that’s basically a second kitchen with shaker cabinets, full-sized refrigerator and dishwasher, granite countertops, tile flooring, and island. Enjoy movie night in the theatre room with projector, screen, a leather sofa and recliners all staying! 2 additional bedrooms and third full bathroom complete the lower level. You’ll love the backyard with 2 maintenance free decks, stamped concrete patio with firepit, and privacy with no neighbors behind! Plenty of room to store your cars and toys in the oversized, heated 4 car garage with floor drains. Additional features include sound, irrigation, and security systems. Come see this beautiful home for yourself!

Last Agent to Sell the Property

Debra Callahan

RE/MAX CONCEPTS Listed on: 08/19/2022

RE/MAX CONCEPTS

Last Buyer's Agent

Chris Boddicker

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,028

Year Built

  • 2013

Lot Details

  • 0.79 Acre Lot
  • Fenced
  • Irrigation

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Heated Floors
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,028

Year Built

2013

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Style: Ranch
  • Acres: 0.7900
  • Above Grade Finished Sq Ft: 2195
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 12028
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 1651
  • Miscellaneous: Deck, Fencing, Heated Flooring, Irrigation System, Patio, Security System, Sound System
  • Net Tax: 11842
  • 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: 307.52
  • Total Sq Ft: 3846
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room, Theater Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 155
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 34,267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 10, 2022
Bought by
Long Damian and Long Justine
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Chris Boddicker
Urban Acres Real Estate Corridor
List Price
$675,000
Sold Price
$675,000
Views
84
Current Estimated Value
$720,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,474
Avg. Annual Appreciation
2.51%
Original Mortgage
$500,000
Outstanding Balance
$482,931
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$241,754

Purchase Details

Closed on
Jul 1, 2014
Sold 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
$500,000
Interest Rate
4.13%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Rees Marian J
Bought by
Rees Marian J and Rees Natalie J

Purchase Details

Closed on
Apr 28, 2006
Sold by
Jim Sattler Construction Co Inc
Bought by
Midwest Development Co

Purchase Details

Closed on
May 18, 2004
Sold by
Seminole Park Development Llc
Bought by
Jim Sattler Construction Co Inc
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
Long Damian $675,000 --
-- $625,000 None Available
Rees Marian J -- None Available
Midwest Development Co $40,500 None Available
Jim Sattler Construction Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Damian $500,000
Previous Owner Abu Nameh Muhannad $505,500
Previous Owner Abu Nameh Muhannad $500,000
Previous Owner Abu Nameh Muhannad $500,000
Previous Owner Abu Nameh Muhannad $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $675,000 0.0% $176 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $675,000 -- $176 / 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 $12,058 $676,600 $153,900 $522,700
2022 $11,842 $580,600 $137,700 $442,900
2021 $12,396 $580,600 $137,700 $442,900
2020 $12,396 $570,400 $97,200 $473,200
2019 $11,580 $570,400 $97,200 $473,200
2018 $11,256 $545,800 $97,200 $448,600
2017 $11,542 $538,500 $97,200 $441,300
2016 $11,261 $529,800 $97,200 $432,600
2015 $2,238 $105,177 $97,180 $7,997
2014 $2,238 $10,996 $10,996 $0
2013 $228 $10,996 $10,996 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207940

Cedar Rapids Area Association of REALTORS®

APN: 13124-01017-00000