NOT LISTED FOR SALE

5715 River Pkwy NE Cedar Rapids, IA 52411

Estimated Value: $523,000 - $704,000

4 Beds
3 Baths
4,441 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $525,000 $118 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,498/month

151 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of September 2021

Once you step into this beautifully styled 4 BED, 3 BA modern rustic home you will never want to leave it. Perfect for entertaining friends and family this home checks all the boxes for luxury living with over 4000 sq ft, over 3/4 of an acre lot, and stunning finishes throughout. Try out those new recipes on your family in the chef's style kitchen complete with Stainless Steel appliances and granite countertops. Don't forget the unbelievable wet bar complete with a refrigerator, wine chiller, and tons of cabinet space in the basement. An audio system, central vac system, stacked stone fireplace, and 4 seasons walkout highlight this home. Set your showing today!

Last Agent to Sell the Property

Jerome Edwards

Pinnacle Realty LLC Listed on: 04/09/2021

Pinnacle Realty LLC

Last Buyer's Agent

Chad Gloede

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,690

Year Built

  • 2012

Lot Details

  • 0.78 Acre Lot
  • Irrigation

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,690

Year Built

2012

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Style: Ranch
  • Acres: 0.7800
  • Above Grade Finished Sq Ft: 2301
  • 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, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 11690
  • List User Cell Phone: 319-594-2525
  • Low Lvl Fin Sq Ft: 2140
  • Miscellaneous: Cable Ready, Deck, Irrigation System, Security System, Sound System
  • Net Tax: 11690
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97222
  • Ratio Close Price By Original Li: 0.82677
  • Ratio Current Price By Sq Ft: 228.16
  • Total Sq Ft: 4441
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, 3 Seasons, Living Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage Size: 1026

Utilities

  • Heating Cooling: Central Air, Forced Air

Condo/Co-op/Association

  • Association Fee: 250
  • Association: Yes

Schools

  • Elementary School: Jackson
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Sep 21, 2021
Sold by
Chaudhry Kashif and Chaudhry Shereen Naila
Bought by
Richardson Daniel J and Richardson Diana J
Seller's Agent
Jerome Edwards
Pinnacle Realty LLC
Buyer's Agent
Chad Gloede
RE/MAX CONCEPTS
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%
Total Days on Market
151
Current Estimated Value
$628,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,891
Avg. Annual Appreciation
4.97%

Purchase Details

Listed on
Aug 19, 2019
Closed on
Dec 4, 2019
Sold by
Beman Bradley J
Bought by
Chaudhry Kashif
Seller's Agent
Catherine Hill
Skogman Realty Co.
Buyer's Agent
Catherine Hill
Skogman Realty Co.
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$463,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2015
Sold by
Sunderman Construction Inc
Bought by
Beman Bradley J

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
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Richardson Daniel J $525,000 None Available
Chaudhry Kashif $515,000 None Available
Beman Bradley J $565,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaudhry Kashif $442,800
Previous Owner Chaudhry Kashif $463,500
Previous Owner Beman Bradley J $500,000
Previous Owner Sunderman Construction Inc $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $525,000 -2.8% $118 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $540,000 0.0% $122 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
06/20/2021 06/20/21 Price Changed $540,000 -4.4% $122 / Sq Ft
06/07/2021 06/07/21 Price Changed $565,000 -5.8% $127 / Sq Ft
05/19/2021 05/19/21 Price Changed $600,000 -4.0% $135 / Sq Ft
05/12/2021 05/12/21 Price Changed $625,000 -1.6% $141 / Sq Ft
04/09/2021 04/09/21 For Sale $635,000 +23.3% $143 / Sq Ft
12/06/2019 12/06/19 Sold $515,000 -1.9% $116 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $525,000 -- $118 / 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 $11,564 $639,100 $155,600 $483,500
2022 $11,356 $557,100 $139,200 $417,900
2021 $12,006 $557,100 $139,200 $417,900
2020 $12,006 $544,100 $98,300 $445,800
2019 $11,228 $520,900 $98,300 $422,600
2018 $10,918 $520,900 $98,300 $422,600
2017 $10,530 $503,300 $98,300 $405,000
2016 $10,530 $495,400 $98,300 $397,100
2015 $10,082 $473,852 $98,280 $375,572
2014 $10,082 $406,081 $98,280 $307,801
2013 $8,456 $406,081 $98,280 $307,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102129

Cedar Rapids Area Association of REALTORS®

APN: 13124-28030-00000