NOT LISTED FOR SALE

5906 Michael Dr NE Cedar Rapids, IA 52411

Estimated Value: $664,000 - $751,744

5 Beds
3 Baths
3,198 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $700,000 $219 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,794/month

32 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • 4 Car Attached Garage
  • Breakfast Bar

About This Home

As of January 2023

HUGE PRICE IMPROVEMENT!! Looking for a home with WOW factor? Look look no further than this breathtaking custom built ranch situated on a half acre in the desired Kennedy School District! Absolutely loaded with upgrades including a heated driveway and sidewalk, irrigation system and whole house Generac generator! Main level features hardwood floors, family room with stone fireplace, gourmet kitchen with quartz countertops, stainless KitchenAid appliances with double ovens, and walk in pantry, primary suite with dual vanity, tile shower and walk-in closet, and gorgeous three seasons room! Lower level has a family room with wet bar, two bedrooms, bath with tile shower, and workout room with sports floor! Finished 1100 sq ft heated garage with epoxy floors! Amazing curb appeal, the exterior is crazy with well over $100,000 in landscaping done including a huge patio with stone fireplace and heated walkway to hot tub, Chesterfield vinyl fence, and storage shed with electric hookups!

Last Listed By

Jesse Grade

SKOGMAN REALTY CORRIDOR Listed on: 10/13/2022

SKOGMAN REALTY CORRIDOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,674

Year Built

  • 2019

Lot Details

  • 0.5 Acre Lot
  • Fenced
  • Irrigation

Home Design

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

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Spa
  • Patio
  • Storage Shed

Utilities

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

Community Details

  • Built by First Construction

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,674

Year Built

2019

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.5000
  • Above Grade Finished Sq Ft: 1862
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 10674
  • List User Cell Phone: 319-241-0579
  • Low Lvl Fin Sq Ft: 1336
  • Miscellaneous: 3 Seasons, Cable Ready, Fencing, Hot Tub, Irrigation System, Patio, Storage Shed
  • Net Tax: 10489
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.93346
  • Ratio Current Price By Sq Ft: 375.94
  • Total Sq Ft: 3198
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons, Family Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, 4 Or More Cars, Attached, Heated Garage, On Street Parking
  • Garage Size: 1102

Utilities

  • Heating Cooling: Central Air, Forced Air, Garage Heater/Furnace, Gas Heat, Hot Water Heat

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 0.50 acre

Building Info

  • Builder Name: First Construction

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Jan 17, 2023
Sold by
Abbott John C
Bought by
Sojak Tom and Sojak Lynn
Seller's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
Buyer's Agent
Brian Hanna
SKOGMAN REALTY
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%
Total Days on Market
32
Views
53
Current Estimated Value
$704,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,186
Avg. Annual Appreciation
2.32%

Purchase Details

Listed on
Mar 12, 2019
Closed on
Nov 8, 2019
Sold by
First Construction Company Inc
Bought by
Abbott John C and Abbott Lynne M
Seller's Agent
Tiffany Earl-Williams
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
List Price
$482,700
Sold Price
$638,249
Premium/Discount to List
$155,549
32.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$390,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Wex Inc
Bought by
First Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,312
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Range of Values:

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Average Value
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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
Sojak Tom $700,000 --
Abbott John C $638,500 None Available
First Construction Company Inc $82,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sojak Tom $100,000
Previous Owner Abbott John C $390,000
Previous Owner First Construction Company $297,312
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $700,000 0.0% $219 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $700,000 -5.4% $219 / Sq Ft
10/31/2022 10/31/22 Price Changed $739,900 -1.3% $231 / Sq Ft
10/13/2022 10/13/22 For Sale $749,900 +17.5% $234 / Sq Ft
11/08/2019 11/08/19 Sold $638,249 +32.2% $188 / Sq Ft
03/12/2019 03/12/19 For Sale $482,700 -- $143 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
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 $10,682 $583,500 $102,200 $481,300
2022 $10,302 $515,300 $83,200 $432,100
2021 $10,276 $506,300 $83,200 $423,100
2020 $10,276 $474,300 $83,200 $391,100
2019 $198 $0 $0 $0
2018 $0 $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: 2209128

Cedar Rapids Area Association of REALTORS®

APN: 12362-77020-00000