B
Seller's Agent in 2021
Bob Lynch
Realty87
5840 Wells Ln Cedar Rapids, IA 52411
Estimated Value: $353,000 - $407,000
4
Beds
2.5
Baths
2,521
Sq Ft
$147/Sq Ft
Est. Value
Highlights
- Deck
- Living Room with Fireplace
- Cul-De-Sac
- John F. Kennedy High School Rated A-
- Formal Dining Room
- 2 Car Attached Garage
About This Home
As of October 2021This great two story sits on 1.2 acres on a quiet cul-de-sac. Over 2,500 square feet of finished space. Bright and cozy living room with a fireplace and hardwood floors. A wonderful eat in kitchen with a bay window offering views of the spacious rear yard. There is also a formal dining room for bigger get togethers. A first-floor laundry and half bath round out the main level. The two-story foyer leads you upstairs to three spacious bedrooms and two full baths. The lower level offers a bedroom, rec room and storage. This nicely landscaped yard gives you the space for all the sports and activities you can imagine. Come take a look!
Last Agent to Sell the Property
Bob Lynch
Realty87 Listed on: 07/30/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,731
Year Built
- 1989
Lot Details
- 1.2 Acre Lot
- Lot Dimensions are 150x348
- Cul-De-Sac
Home Design
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- Primary bedroom located on second floor
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Deck
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Community Well
- Gas Water Heater
- Septic System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Oct 4, 2021
Sold by
Bales Jeffrey B and Bales Catherine T
Bought by
Morris Brandon L and Morris Kimberly M
Seller's Agent
Bob Lynch
Realty87
Buyer's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,405
Avg. Annual Appreciation
4.99%
Original Mortgage
$289,750
Outstanding Balance
$264,225
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,180
Purchase Details
Closed on
Jul 20, 2004
Sold by
Morio John W
Bought by
Bales Jeffrey B and Bales Catherine T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,600
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morris Brandon L | $305,000 | None Available | |
| Bales Jeffrey B | $219,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morris Brandon L | $289,750 | |
| Previous Owner | Bales Jeffrey B | $175,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2021 10/07/21 | Sold | $305,000 | -1.6% | $121 / Sq Ft |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | For Sale | $310,000 | -- | $123 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,806 | $362,200 | $67,600 | $294,600 |
| 2024 | $3,778 | $327,800 | $67,600 | $260,200 |
| 2023 | $3,778 | $327,800 | $67,600 | $260,200 |
| 2022 | $3,608 | $267,300 | $67,600 | $199,700 |
| 2021 | $3,682 | $267,300 | $67,600 | $199,700 |
| 2020 | $3,682 | $252,400 | $51,000 | $201,400 |
| 2019 | $3,374 | $236,700 | $51,000 | $185,700 |
| 2018 | $3,300 | $236,700 | $51,000 | $185,700 |
| 2017 | $3,259 | $220,900 | $51,000 | $169,900 |
| 2016 | $3,259 | $220,900 | $51,000 | $169,900 |
| 2015 | $3,281 | $220,900 | $51,000 | $169,900 |
| 2014 | $3,152 | $220,900 | $51,000 | $169,900 |
| 2013 | $3,086 | $220,900 | $51,000 | $169,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jesse Grade
Buyer's Agent in 2021
Jesse Grade
SKOGMAN REALTY CORRIDOR
(319) 241-0579
262 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2105247
APN: 12361-26003-00000
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