NOT LISTED FOR SALE

5701 Colorado Dr SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $192,000 - $241,496

3 Beds
1.5 Baths
1,412 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $134,500 $95 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,438/month

4 Days on Market

Highlights

  • 0.41 Acre Lot
  • Family Room with Fireplace
  • Ranch Style House
  • Prairie Ridge Elementary School Rated A-
  • Recreation Room
  • 3-minute walk to Lincoln Way Park

About This Home

As of August 2017

Fresh on the market is this one-owner, well maintained home in Lincolnway Village. How do you say "curb appeal?" Start with a drive-by to reveal a well-manicured lawn on this amazing corner lot with oodles of mature trees to shade your home in the summertime. It backs up to green space that can never be built on! Inside, there are hardwoods underneath much of the carpet on the main floor with exception of the family room addition. There is a newer roof and newer vinyl siding on the house. Formal dining room boasts a huge bay window to let the sunshine in and a wood-burning fireplace in the family room. The lower level offers enough sq. footage to use as non-conforming bedrooms, office space or craft rooms and still have enough space for storage. This home won't last long so set up a showing and get it while it's hot!

Last Agent to Sell the Property

Jill Hidinger

Realty87 Listed on: 07/15/2017

Realty87

Last Buyer's Agent

Tara Clayberg

Epique Realty

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,837

Year Built

  • 1957

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 117.8x150

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Gas Water Heater

Community Details

  • Built by Smoker

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,837

Year Built

1957

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.4060
  • Above Grade Finished Sq Ft: 1268
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Dining 'L', Formal Dining
  • Gross Tax: 2837
  • List User Cell Phone: 319-447-7137
  • Low Lvl Fin Sq Ft: 144
  • Miscellaneous: Patio
  • Net Tax: 2837
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01894
  • Ratio Close Price By Original Li: 1.01894
  • Ratio Current Price By Sq Ft: 106.07
  • Total Sq Ft: 1412
  • Taxable Value Tv: 128100.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Family Room, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 14X20

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 117.8X150

Building Info

  • Builder Name: Smoker

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Aug 23, 2017
Sold by
Patterson James L and Patterson Elsie Rae
Bought by
Schutte Betty A and Schutte Daniel D
Seller's Agent
Jill Hidinger
Realty87
Buyer's Agent
Tara Clayberg
Epique Realty
List Price
$132,000
Sold Price
$134,500
Premium/Discount to List
$2,500
1.89%
Current Estimated Value
$214,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,124
Avg. Annual Appreciation
5.95%
Original Mortgage
$107,600
Outstanding Balance
$89,687
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$124,937
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
Schutte Betty A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutte Betty A $107,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $134,500 +1.9% $95 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $132,000 -- $93 / 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
2025 $3,658 $234,700 $30,900 $203,800
2024 $3,416 $217,200 $30,900 $186,300
2023 $3,416 $203,500 $30,900 $172,600
2022 $3,294 $163,100 $26,500 $136,600
2021 $3,406 $160,500 $26,500 $134,000
2020 $3,406 $149,600 $22,100 $127,500
2019 $3,146 $140,300 $22,100 $118,200
2018 $2,532 $140,300 $22,100 $118,200
2017 $2,446 $120,500 $22,100 $98,400
2016 $2,343 $111,600 $22,100 $89,500
2015 $2,569 $122,731 $22,100 $100,631
2014 $2,382 $122,731 $22,100 $100,631
2013 $2,258 $122,731 $22,100 $100,631
Source: Public Records

Agents Affiliated with this Home

  • Jill Hidinger

    Seller's Agent in 2017

    Jill Hidinger

    Realty87

    (319) 447-7137

    77 Total Sales

    Jill Hidinger
    Section Image

  • T

    Buyer's Agent in 2017

    Tara Clayberg

    Epique Realty

    (319) 210-1686

    1 in this area

    29 Total Sales

    Tara Clayberg
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1707063

Cedar Rapids Area Association of REALTORS®

APN: 19161-30005-00000

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

5701 Colorado Dr SW, Cedar Rapids, IA

This home is located at 5701 Colorado Dr SW, Cedar Rapids, IA 52404 since 15 July 2017 and is currently estimated at $214,624, approximately $152 per square foot. This property was built in 1957. 5701 Colorado Dr SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary 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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