NOT LISTED FOR SALE

5902 Wheatland Dr SW Cedar Rapids, IA 52404

Estimated Value: $295,000 - $310,384

3 Beds
2.5 Baths
1,580 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $228,500 $145 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,114/month

11 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Attached Garage
  • Breakfast Bar
  • Prairie Ridge Elementary School Rated A-
  • Forced Air Cooling System
  • Family Room

About This Home

As of July 2020

This home is within 5 minutes of College Community School District, right on the beautiful walking trail, and near downtown! This entire house has been updated w/ new carpet throughout the upstairs (April 2020), and all NEW doors, trim, toilets, stair handrail, kitchen sink, and kitchen faucet. The kitchen cabinets and all 3 of the bathroom vanities have been refinished. The house and ceilings are freshly painted. The bathrooms and bedrooms include new ceiling fans and light fixtures.  This home has a wonderful open floor plan w/ a huge kitchen island, all stainless steel appliances that will stay, and hard surface floors throughout the main. The incredible sunroom w/ vaulted ceilings and huge windows are a great contribution! The fenced-in yard w/ trees lining the back property line allows for great privacy. There is potential to finish the LL to add sq. ft. or use the space as storage, a workout area, office, etc.

Last Listed By

Bryan Curtis

SRE Matrix Iowa LLC Listed on: 05/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,367

Year Built

  • 2005

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,367

Year Built

2005

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2100
  • Above Grade Finished Sq Ft: 1580
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 4367
  • List User Cell Phone: 515-770-2491
  • Miscellaneous: Fencing
  • Net Tax: 4176
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.98491
  • Ratio Current Price By Sq Ft: 144.62
  • Total Sq Ft: 1580
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Family, 4 Seasons
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 400

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

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

Lot Info

  • Lot Size: 9,168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 27, 2020
Sold by
Nelson Alex G and Nelson Jordan M
Bought by
Rutherford Patrick and Rutherford Hailey
Seller's Agent
Bryan Curtis
SRE Matrix Iowa LLC
Buyer's Agent
Katie Gombert
Pinnacle Realty LLC
List Price
$232,000
Sold Price
$228,500
Premium/Discount to List
-$3,500
-1.51%
Total Days on Market
11
Current Estimated Value
$301,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,846
Avg. Annual Appreciation
5.95%
Original Mortgage
$217,075
Outstanding Balance
$194,381
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$106,965

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 25, 2018
Sold by
Melsha Michael D and Melsha Sharlene G
Bought by
Nelson Alex G and Wheeler Jordan M
Seller's Agent
Jill Monnahan
SKOGMAN REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$22,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 15, 2005
Sold by
Midland Homes Of Eastern Iowa Lc
Bought by
Melsha Michael D and Melsha Sharlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,192
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac

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
Rutherford Patrick $228,500 None Available
Nelson Alex G $220,000 None Available
Melsha Michael D $163,500 --
Midland Homes Of Eastern Iowa Lc $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutherford Patrick $217,075
Previous Owner Nelson Alex G $22,000
Previous Owner Nelson Alex G $198,000
Previous Owner Melsha Michael D $114,000
Previous Owner Melsha Michael D $20,900
Previous Owner Melsha Michael D $131,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $228,500 0.0% $145 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $228,500 -1.5% $145 / Sq Ft
05/28/2020 05/28/20 For Sale $232,000 +5.5% $147 / Sq Ft
07/27/2018 07/27/18 Sold $220,000 0.0% $139 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $220,000 -- $139 / 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 $5,330 $257,200 $53,600 $203,600
2022 $4,832 $249,500 $50,200 $199,300
2021 $4,472 $231,300 $43,200 $188,100
2020 $4,472 $205,000 $43,200 $161,800
2019 $4,176 $194,700 $43,200 $151,500
2018 $3,748 $194,700 $43,200 $151,500
2017 $3,850 $179,600 $41,500 $138,100
2016 $3,673 $169,700 $38,100 $131,600
2015 $3,879 $180,259 $38,057 $142,202
2014 $3,692 $174,009 $38,057 $135,952
2013 $3,376 $174,009 $38,057 $135,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2003884

Cedar Rapids Area Association of REALTORS®

APN: 19113-51019-00000