5521 W Mustang Rd Cedar Rapids, IA 52411
Estimated Value: $531,000 - $620,000
4
Beds
3.5
Baths
3,495
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- Home Theater
- Deck
- Vaulted Ceiling
- John F. Kennedy High School Rated A-
- Recreation Room
- Main Floor Primary Bedroom
About This Home
As of August 2019Fantastic quality built 2-story home with over 3495 finished square feet located on open country views on 1.0 (+/-) acre lot in the heart of a wonderful subdivision. Step inside to the 2-story foyer that features wood flooring to views of the impressive great room with 14 foot ceilings, fireplace with 2-story windows to views of backyard. The fantastic updated gourmet kitchen features granite countertops, large breakfast bar with pendant lighting, tiled backsplash, pantry units with rollouts, under & over cabinet lighting, central vac & the stainless steel appliances remain. The kitchen flows into the dining room with wood flooring (currently used as a den). The main floor master suite features a large walk-in closet, private bath with double sink vanity, tile flooring, whirlpool tub & separate shower. Convenient main floor laundry with cabinets, soaker sink & gas or electric hookups. Second level features 3 spacious bedrooms & main bath. The list continues in the lower level family/rec room that features a party size custom built wet bar with built-in cabinets, glass shelving & added bonus dishwasher! The French doors open up to the media room with surround sound. Den with walk-in closet & window, third bath, storage & steps to the 3 car garage. Additional amenities include: newer A/C, large deck, patio, landscaped walls & oversized/insulated 3 car garage with running water & utility door to patio and backyard. Well water fee varies on usage. (Information provided by the Linn County Assessors).
(Special financial incentives available on this property from SIRVA Mortgage).
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,873
Year Built
- 1998
Lot Details
- 1 Acre Lot
- Cul-De-Sac
Home Design
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Central Vacuum
- Sound System
- Vaulted Ceiling
- Gas Fireplace
- Great Room with Fireplace
- Formal Dining Room
- Home Theater
- Den
- Recreation Room
- Basement Fills Entire Space Under The House
- Home Security System
- Laundry on main level
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Hydromassage or Jetted Bathtub
Parking
- 3 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Community Well
- Gas Water Heater
- Water Softener is Owned
- Septic System
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2019
Closed on
Jul 12, 2019
Sold by
Steffen Lisa J and Steffen Charles F
Bought by
Currie Benjamin J and Currie Regina L
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Amy Bishop
RE/MAX CONCEPTS
List Price
$439,900
Sold Price
$457,000
Premium/Discount to List
$17,100
3.89%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,782
Avg. Annual Appreciation
4.30%
Original Mortgage
$411,300
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 14, 2019
Closed on
Jul 10, 2019
Sold by
Steffen Charles F and Steffen Lisa J
Bought by
Steffen Charles F and Steffen Lisa J
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Amy Bishop
RE/MAX CONCEPTS
List Price
$439,900
Sold Price
$457,000
Premium/Discount to List
$17,100
3.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,300
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 1998
Sold by
C Rdr Homes Inc
Bought by
Steffen Charles F and Steffen Karen J
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
7.13%
Purchase Details
Closed on
Mar 3, 1998
Sold by
Booth James L
Bought by
Booth James L and Booth Patricia K
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Currie Benjamin J | $457,000 | None Available | |
| Steffen Charles F | -- | None Available | |
| Steffen Charles F | $273,000 | -- | |
| Booth James L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Currie Bejamin J | $399,500 | |
| Closed | Currie Benjamin J | $411,300 | |
| Previous Owner | Steffen Charles F | $50,000 | |
| Previous Owner | Steffen Charles F | $137,000 | |
| Previous Owner | Steffen Charles F | $30,000 | |
| Previous Owner | Steffen Charles F | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2019 08/08/19 | Sold | $457,000 | 0.0% | $131 / Sq Ft |
| 06/24/2019 06/24/19 | Price Changed | $457,000 | +3.9% | $131 / Sq Ft |
| 06/21/2019 06/21/19 | Pending | -- | -- | -- |
| 06/14/2019 06/14/19 | For Sale | $439,900 | -- | $126 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
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 |
|---|---|---|---|---|
| 2023 | $9,262 | $470,000 | $90,000 | $380,000 |
| 2022 | $9,096 | $448,000 | $90,000 | $358,000 |
| 2021 | $8,994 | $448,000 | $90,000 | $358,000 |
| 2020 | $8,994 | $416,200 | $80,000 | $336,200 |
| 2019 | $7,912 | $375,600 | $75,000 | $300,600 |
| 2018 | $7,690 | $375,600 | $75,000 | $300,600 |
| 2017 | $6,933 | $379,400 | $75,000 | $304,400 |
| 2016 | $6,933 | $326,200 | $75,000 | $251,200 |
| 2015 | $6,913 | $324,870 | $75,000 | $249,870 |
| 2014 | $6,728 | $324,870 | $75,000 | $249,870 |
| 2013 | $6,580 | $324,870 | $75,000 | $249,870 |
Source: Public Records
Agents Affiliated with this Home
-
Marian Flink
Seller's Agent in 2019
Marian Flink
SKOGMAN REALTY
(319) 350-3992
219 Total Sales
-
Amy Bishop
Buyer's Agent in 2019
Amy Bishop
RE/MAX
(319) 270-8450
207 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1904469
APN: 11303-53004-00000
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