NOT LISTED FOR SALE

5841 Meadow Grass Cir SE Cedar Rapids, IA 52403

Estimated Value: $473,000 - $507,167

3 Beds
3 Baths
2,483 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $348,000 $140 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,316/month

297 Days on Market

Highlights

  • New Construction
  • Wooded Lot
  • 2 Car Attached Garage
  • Deck
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of July 2020

SPACIOUS 3 BEDROOM 3 BATH CONDOMINIUM SITUATED IN PRESTIGIOUS WOODLAND COVE ON A GORGEOUS WOOD LOT. FOYER ENTRANCE EXTENDS TO GREAT ROOM OFFERING 10' CEILINGS AND GAS FIREPLACE AND BUILT-INS. ADJACENT KITCHEN IS ACCENTED WITH ABUNDANT WHITE CABINETS, CENTER ISLAND WITH UNDERMOUNT SINK, AMPLE QUARTZ COUNTER SPACE AND INCLUDES MICROWAVE, RANGE, DISPOSAL AND DISHWASHER. THE NOOK AREA OPENS TO AN INVITING 4 SCREENED PORCH. THE FINISHED LOWER LEVEL INCLUDES A BEDROOM AND BATHROOM IDEAL FOR GUESTS, AND HUGE FAMILY AREA WHICH WALKS OUT TO A FLAT BACK YARD. ATTACHED 2 CAR GARAGE AND 2X6 CONSTRUCTION. Builder has 70 years of experience with over 12,000 homes built in Eastern Iowa. Builder provides written 10 year warranty and may consider a trade on this home. This home is HERS (Home Energy Ratings Score) tested and exceeds HERS.

Last Listed By

Danielle Kern

SKOGMAN REALTY Listed on: 05/20/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,332

Year Built

  • 2018

Lot Details

  • Irrigation
  • Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Built by Skogman Homes

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,332

Year Built

2018

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Style: Ranch, Townhouse
  • Above Grade Finished Sq Ft: 1568
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • List User Cell Phone: 319-210-4317
  • Low Lvl Fin Sq Ft: 915
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Irrigation System, Patio
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98028
  • Ratio Close Price By Original Li: 0.86352
  • Ratio Current Price By Sq Ft: 221.94
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 2483
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2018

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 12
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 500

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 250
  • Association: Yes

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Skogman Homes

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 23, 2020
Sold by
Midwest Development Co
Bought by
Penney Stephen W and Penney Mary
Seller's Agent
Danielle Kern
SKOGMAN REALTY
Buyer's Agent
Sarah Penney
SKOGMAN REALTY
List Price
$403,000
Sold Price
$348,000
Premium/Discount to List
-$55,000
-13.65%
Total Days on Market
297
Current Estimated Value
$487,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,792
Original Mortgage
$312,500
Outstanding Balance
$285,499
Interest Rate
3.5%
Mortgage Type
New Conventional

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
Penney Stephen W $348,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penney Stephen W $312,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $348,000 -2.0% $140 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
01/25/2020 01/25/20 Price Changed $355,000 -5.3% $143 / Sq Ft
07/19/2019 07/19/19 Price Changed $375,000 -6.2% $151 / Sq Ft
07/12/2019 07/12/19 Price Changed $399,900 -0.8% $161 / Sq Ft
05/20/2019 05/20/19 For Sale $403,000 -- $162 / 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 $4,332 $449,400 $75,000 $374,400
2022 $4,262 $316,000 $75,000 $241,000
2021 $4,758 $316,000 $75,000 $241,000
2020 $4,758 $0 $0 $0
2019 $5,088 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903759

Cedar Rapids Area Association of REALTORS®

APN: 15194-01026-01001