NOT LISTED FOR SALE

5535 W Mustang Rd Cedar Rapids, IA 52411

Estimated Value: $438,000 - $596,000

4 Beds
2.5 Baths
2,444 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $335,000 $137 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,355/month

12 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of May 2016

Location...Location...Location! In-town acreage with 1st floor master bedroom and situated in the desirable Stallion Addition. Beautiful, private acreage with no homes behind you. This home has a country feel, yet is just minutes to shopping, schools and I-380. Maple kitchen cabinets and floors with island and sliders to the maintenance free deck. Lots of kitchen cabinets with under cabinet lighting, pull out drawers and large pantry. Spacious main floor laundry room with sink and cabinets. Large bedrooms and each bedroom has its own walk in closet. You will love the large master bedroom and bathroom with jetted whirlpool tub. No need to worry about the septic as a new system was recently installed as well as a new roof on the home. The garage lover will enjoy the 3 stall garage with extra deep 3rd stall and water.

Last Agent to Sell the Property

Mary Chmelicek

SKOGMAN REALTY Listed on: 03/09/2016

Last Buyer's Agent

Mary Chmelicek

SKOGMAN REALTY Listed on: 03/09/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,359

Year Built

  • 1997

Lot Details

  • 1 Acre Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry on main level
  • Basement

Kitchen

  • Eat-In 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
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,359

Year Built

1997

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 1.0000
  • Above Grade Finished Sq Ft: 2444
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 6359
  • List User Cell Phone: 319-533-0543
  • Miscellaneous: Cable Ready, Deck, Jetted Tub, Satellite Dish, Sound System, Storage Shed, Vaulted Ceiling
  • Net Tax: 6174
  • 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: 137.07
  • Total Sq Ft: 2444
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

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

Schools

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

Lot Info

  • Lot Size: Irregular

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
May 9, 2016
Sold by
Beasler Gerald O and Beasler Marijo A
Bought by
Gales Keri S and Gales James R
Seller's Agent
Mary Chmelicek
SKOGMAN REALTY
Buyer's Agent
Mary Chmelicek
SKOGMAN REALTY
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$495,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,755
Avg. Annual Appreciation
4.85%
Original Mortgage
$50,000
Interest Rate
2.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 1998
Sold by
Snyder Kraig A and Snyder Heather B
Bought by
Beasler Gerald O and Beasler Marijo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.97%

Purchase Details

Closed on
Dec 18, 1997
Sold by
C Rdr Homes Inc
Bought by
Snyder Kraig A and Snyder Heather B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,960
Interest Rate
7.12%

Purchase Details

Closed on
Dec 16, 1997
Sold by
Bertelli Raymond and Bertelli Betty J
Bought by
C Rdr Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,960
Interest Rate
7.12%
Source: Public Records

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
Gales Keri S -- None Available
Beasler Gerald O $267,000 --
Snyder Kraig A $257,000 --
Crdr Homes Inc -- --
C Rdr Homes Inc $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gales Keri S $40,000
Open Gales Keri S $300,000
Closed Gales Keri S $46,000
Closed Gales Keri S $50,000
Closed Gales Keri S $234,500
Previous Owner Beasler Marijo A $56,990
Previous Owner Beasler Gerald O $242,000
Previous Owner Beasler Gerald O $188,000
Previous Owner Snyder Kraig A $205,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $335,000 0.0% $137 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $335,000 -- $137 / 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 $7,678 $390,100 $90,000 $300,100
2022 $7,540 $372,900 $90,000 $282,900
2021 $7,466 $372,900 $90,000 $282,900
2020 $7,466 $347,000 $80,000 $267,000
2019 $7,092 $337,500 $75,000 $262,500
2018 $6,892 $337,500 $75,000 $262,500
2017 $6,371 $347,200 $75,000 $272,200
2016 $6,371 $299,700 $75,000 $224,700
2015 $6,359 $298,832 $75,000 $223,832
2014 $6,174 $298,832 $75,000 $223,832
2013 $6,036 $298,832 $75,000 $223,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1602584

Cedar Rapids Area Association of REALTORS®

APN: 12254-77002-00000