NOT LISTED FOR SALE

5803 Wells Ln Cedar Rapids, IA 52411

Estimated Value: $397,000 - $531,000

3 Beds
3 Baths
2,816 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 5803 Wells Ln, Cedar Rapids, IA 52411 and is currently estimated at $468,575, approximately $166 per square foot. 5803 Wells Ln is a home located in Linn County with nearby schools including Viola Gibson Elementary School, Ponderosa Elementary School, and Harding Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Brightwell Jonathan and Brightwell Annette
Bought by
Patterson Nicholas C and Patterson Shelby A
Current Estimated Value
$468,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Outstanding Balance
$253,869
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$214,706
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Patterson Nicholas C $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Nicholas C $279,000
Source: Public Records

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 $5,188 $516,500 $65,000 $451,500
2024 $4,828 $457,300 $65,000 $392,300
2023 $4,828 $457,300 $65,000 $392,300
2022 $4,770 $350,500 $65,000 $285,500
2021 $5,010 $350,500 $65,000 $285,500
2020 $5,010 $340,300 $50,000 $290,300
2019 $4,536 $315,200 $50,000 $265,200
2018 $4,436 $315,200 $50,000 $265,200
2017 $4,388 $298,900 $50,000 $248,900
2016 $4,409 $298,900 $50,000 $248,900
2015 $4,439 $298,900 $50,000 $248,900
2014 $4,310 $298,900 $50,000 $248,900
2013 $4,222 $298,900 $50,000 $248,900
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52411

5803 Wells Ln, Cedar Rapids, IA

Not Listed for Sale

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