NOT LISTED FOR SALE

5740 Colorado Dr SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $195,000 - $232,009

3 Beds
1 Bath
1,382 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $185,000 $134 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,388/month

3 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Detached Garage
  • Patio
  • Prairie Ridge Elementary School Rated A-
  • Forced Air Cooling System
  • 4-minute walk to Lincoln Way Park

About This Home

As of June 2022

*SALE PENDING. Move in ready with immediate possession. Updates include vinyl siding, aluminum, soffit, vinyl windows, 2020 new shingles, updated metal garage roof, aluminum garage and shed overhead doors, updated furnace, central air, and water heater. Cosmetic updated included are custom kitchen cabinetry, gas stove, space saver microwave, 3 door refrigerator, dishwasher, counters and sink. You'll appreciate 3 bedrooms and 2 bonus rooms. The bathroom has also been remodeld with a walk in shower and sturdy grab bars. Outdoor features include a large concrete patio, oversized shed, fenced North and West lot lines. 24' x 36' Garage with a furnace, compressor, 220 electric, attic ladder, fluorescent lighting, and work benches. Generator and hook ups included, remote control blinds, plank accent wall, speakers for sounds system remain, mature rear yard trees. Average monthly gas: $50, electric: $65. Offers Due Wednesday 5/4 At 8 pm, Seller Response Thursday 5/5 10 am.

Last Agent to Sell the Property

Heather Morris

SKOGMAN REALTY Listed on: 05/02/2022

SKOGMAN REALTY

Last Buyer's Agent

Tessa Grimm

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,989

Year Built

  • 1957

Lot Details

  • 0.39

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,382 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • 0.39 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,989

Year Built

1957

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3900
  • Above Grade Finished Sq Ft: 1382
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2989
  • List User Cell Phone: 319-350-7653
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2989
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.05714
  • Ratio Close Price By Original Li: 1.05714
  • Ratio Current Price By Sq Ft: 133.86
  • Total Sq Ft: 1382
  • Taxable Value Tv: 136800.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Detached, Heated Garage
  • Garage Size: 36X24

Utilities

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

Schools

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

Lot Info

  • Lot Size: .39 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 5, 2022
Sold by
Ana Daubenmier Jo
Bought by
Baldwin Jacob S and Lyon Carol J
Seller's Agent
Heather Morris
SKOGMAN REALTY
Buyer's Agent
Tessa Grimm
Pinnacle Realty LLC
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Current Estimated Value
$208,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,561
Avg. Annual Appreciation
2.67%
Original Mortgage
$46,250
Outstanding Balance
$40,087
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$161,055

Purchase Details

Closed on
Aug 31, 2020
Sold by
Estate Of Richard Allen Daubenmier
Bought by
Daubenmier Jo Ann
Source: Public Records

Range of Values:

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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
Baldwin Jacob S $185,000 None Listed On Document
Daubenmier Jo Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin Jacob S $46,250
Open Baldwin Jacob S $129,500
Previous Owner Daubenmier Richard A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $185,000 +5.7% $134 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $175,000 -- $127 / 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 $2,834 $193,700 $30,000 $163,700
2022 $2,928 $136,800 $25,700 $111,100
2021 $2,662 $134,700 $25,700 $109,000
2020 $2,662 $125,500 $21,400 $104,100
2019 $2,464 $118,400 $21,400 $97,000
2018 $2,392 $118,400 $21,400 $97,000
2017 $2,358 $113,300 $21,400 $91,900
2016 $2,271 $104,900 $21,400 $83,500
2015 $2,505 $116,401 $21,444 $94,957
2014 $2,318 $113,866 $21,444 $92,422
2013 $2,146 $113,866 $21,444 $92,422
Source: Public Records

Agents Affiliated with this Home

  • Heather Morris

    Seller's Agent in 2022

    Heather Morris

    SKOGMAN REALTY

    (319) 366-6427

    2 in this area

    408 Total Sales

    Section Image
  • Tessa Grimm

    Buyer's Agent in 2022

    Tessa Grimm

    Pinnacle Realty LLC

    (319) 521-1991

    1 in this area

    164 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203897

Cedar Rapids Area Association of REALTORS®

APN: 19161-31010-00000

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

5740 Colorado Dr SW, Cedar Rapids, IA

This home is located at 5740 Colorado Dr SW, Cedar Rapids, IA 52404 since 02 May 2022 and is currently estimated at $210,002, approximately $151 per square foot. This property was built in 1957. 5740 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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