NOT LISTED FOR SALE

5528 W Mustang Rd Cedar Rapids, IA 52411

Estimated Value: $603,000 - $720,000

4 Beds
3.5 Baths
4,452 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $516,988 $116 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,513/month

12 Days on Market

Highlights

  • Home Theater
  • Recreation Room with Fireplace
  • Main Floor Primary Bedroom
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • Den

About This Home

As of March 2019

Over 4452 finished square feet can be found in this fantastic quality built 2-story home located on open country views on 1.10 (+/-) acre lot in the heart of a wonderful subdivision. In addition to the ideal setting, there is a gracious open floor plan with 4 bedrooms, 3 full baths & 1 half bath. The fantastic updated modern gourmet kitchen features quartz counter top, tiled backsplash, large breakfast bar with contemporary pendant lighting, LVT flooring and top of the line stainless steel appliances. The dining area flows into the impressive great room featuring 2-story wall of windows to backyard & beautiful gas fireplace flanked by 2-story windows. Elegant front formal dining room with cherry wood border & tray ceiling & main floor den. The luxury main floor master suite features a large walk-in closet, updated private bath with tile flooring, double sink vanity with lighted mirrors & tiled shower with 4 shower heads. Second level features 3 bedrooms with all walk-in closets. It doesn’t stop there! The “want list” continues in the walkout lower level family/rec room with second fireplace, party size custom wet bar, theater room, den, full bath & atrium door to the vaulted 3 season’s room with access to the expansive cobblestone patio courtyard with stone firepit & landscape lighting. Additional amenities include: Upgraded cabinets, newer A/C, Wolf 6 burner stove/oven, Subzero frig, sound system, irrigation, professionally landscaped walk/wall & lighting AND there is even a HE SHED/SHE SHED with epoxy painted flooring in the backyard! (Special financial incentives available on this property from SIRVA Mortgage). Well water fee was $150/year, varies on usage.

Last Listed By

Marian Flink

SKOGMAN REALTY Listed on: 01/02/2019

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,281

Year Built

  • 1998

Lot Details

  • 1.1 Acre Lot
  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room with Fireplace

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,281

Year Built

1998

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Style: 2 Stories
  • Acres: 1.1000
  • Above Grade Finished Sq Ft: 2978
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 9281
  • List User Cell Phone: 319-350-3992
  • Low Lvl Fin Sq Ft: 1474
  • Miscellaneous: 3 Seasons, Cable Ready, Irrigation System, Patio, Sound System, Storage Shed, Vaulted Ceiling
  • Net Tax: 9098
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99421
  • Ratio Close Price By Original Li: 0.99564
  • Ratio Current Price By Sq Ft: 173.60
  • Total Sq Ft: 4452
  • Water Sewer Roads: Community Well, Recorded Agreement, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, 3 Seasons, Den/Study, Great Room, Rec Room, Theater Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Gas, Great Room, Rec Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, In-Town Acrg

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 3 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150
  • Association: Yes

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 1.10 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Minkoff Dawn C and Tedac Trust
Bought by
Christoffersen Theresa A and Christoffersen Theresa A
Total Days on Market
12
Current Estimated Value
$644,218

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jan 21, 2019
Sold by
Krueger Jane A and Krueger Scott M
Bought by
Minkoff Dawn C and Tedac Trust
Seller's Agent
Marian Flink
SKOGMAN REALTY
Buyer's Agent
Jane Glantz
SKOGMAN REALTY
List Price
$519,250
Sold Price
$516,988
Premium/Discount to List
-$2,262
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%

Purchase Details

Closed on
Jun 23, 1998
Sold by
C Rdr Homes Inc
Bought by
Krueger Scott M and Krueger Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,400
Interest Rate
6.75%

Range of Values:

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Average Value
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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
Christoffersen Theresa A -- None Available
Minkoff Dawn C $517,000 Stewart Title Guaranty Co
Krueger Scott M $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krueger Scott M $190,000
Previous Owner Krueger Scott M $149,880
Previous Owner Krueger Scott M $80,000
Previous Owner Krueger Scott M $243,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $516,988 -0.6% $116 / Sq Ft
01/17/2019 01/17/19 Price Changed $520,000 +0.1% $117 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $519,250 -- $117 / 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 $10,946 $573,700 $91,000 $482,700
2022 $10,752 $519,000 $91,000 $428,000
2021 $10,442 $519,000 $91,000 $428,000
2020 $10,442 $481,900 $80,600 $401,300
2019 $9,360 $442,800 $75,600 $367,200
2018 $9,098 $442,800 $75,600 $367,200
2017 $9,482 $443,900 $75,600 $368,300
2016 $7,725 $363,400 $75,600 $287,800
2015 $7,701 $361,941 $75,550 $286,391
2014 $7,516 $361,941 $75,550 $286,391
2013 $7,350 $361,941 $75,550 $286,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1900061

Cedar Rapids Area Association of REALTORS®

APN: 12254-76010-00000