$500,910
SOLD MAY 9, 2013

5908 Rapids Ridge Rd NE Cedar Rapids, IA 52411

5 Beds
3.5 Baths
4,200 Sq Ft
0.4 Acres

Recently Sold

$119 Per Sq Ft

14% Above List Price

2 Days on Market

Highlights

  • New Construction
  • Deck
  • Wooded Lot
  • John F. Kennedy High School Rated A-
  • Recreation Room
  • Ranch Style House

About This Home

As of March 2014

This home is located at 5908 Rapids Ridge Rd NE, Cedar Rapids, IA 52411 and is currently priced at $500,910, approximately $119 per square foot. This property was built in 2012. 5908 Rapids Ridge Rd NE is a home located in Linn County with nearby schools including Viola Gibson Elementary School, Harding Middle School, and John F. Kennedy High School.

Last Agent to Sell the Property

Jackie Reeder

IOWA REALTY Listed on: 09/18/2012

Last Buyer's Agent

Jackie Reeder

IOWA REALTY Listed on: 09/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,634

Year Built

  • 2012

Lot Details

  • 0.4 Acre Lot
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Basement

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

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Built by JW HOME BLDRS

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,634

Year Built

2012

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Style: Ranch
  • Acres: 0.4000
  • Above Grade Finished Sq Ft: 2500
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • List User Cell Phone: 319-361-2375
  • Low Lvl Fin Sq Ft: 1700
  • Miscellaneous: Cable Ready, Deck, Patio
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.14434
  • Ratio Close Price By Original Li: 1.14434
  • Ratio Current Price By Sq Ft: 200.36
  • Total Sq Ft: 4200
  • Tax Roll Number: 5908 RAPIDS RIDGE RD
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Family Room, Great Room, Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached
  • Garage Size: 4+CAR

Utilities

  • Heating Cooling: Central Air, Electricity Heat, Forced Air, Hot Water Heat

Condo/Co-op/Association

  • Association Fee: 500
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: .40 ACRE

Building Info

  • Builder Name: JW HOME BLDRS

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Mar 11, 2014
Sold by
Reeder Jacqueline J and Snowbarger Ron L
Bought by
Presley Scott and Presley Cheri
Seller's Agent
Jackie Reeder
IOWA REALTY
Buyer's Agent
Daniel Seda
Realty87
List Price
$584,900
Sold Price
$560,000
Premium/Discount to List
-$24,900
-4.26%
Current Estimated Value
$772,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,933
Avg. Annual Appreciation
2.41%
Original Mortgage
$417,000
Outstanding Balance
$316,191
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$421,053

Purchase Details

Listed on
Sep 18, 2012
Closed on
May 14, 2013
Sold by
Jw Home Builders Series 1 Llc
Bought by
Reeder Jacqueline J
Seller's Agent
Jackie Reeder
IOWA REALTY
Buyer's Agent
Jackie Reeder
IOWA REALTY
List Price
$437,727
Sold Price
$500,910
Premium/Discount to List
$63,183
14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%
Original Mortgage
$250,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Rapids Ridge Iii Llc
Bought by
Jw Home Builders Series 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,800
Interest Rate
3.57%
Mortgage Type
Construction
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $560,000 None Available
Warranty Deed $801,300 None Available
Warranty Deed $63,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $354,800 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $560,000 -4.3% $114 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
09/11/2013 09/11/13 For Sale $584,900 +16.8% $119 / Sq Ft
05/09/2013 05/09/13 Sold $500,910 +14.4% $119 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $437,727 -- $104 / 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
2025 $10,634 $662,600 $77,000 $585,600
2024 $11,210 $652,900 $77,000 $575,900
2023 $11,210 $611,400 $77,000 $534,400
2022 $10,812 $540,400 $77,000 $463,400
2021 $11,666 $530,900 $77,000 $453,900
2020 $11,666 $537,300 $77,000 $460,300
2019 $10,960 $517,000 $61,600 $455,400
2018 $10,654 $517,000 $61,600 $455,400
2017 $10,811 $517,200 $61,600 $455,600
2016 $10,811 $508,600 $61,600 $447,000
2015 $10,771 $506,195 $61,632 $444,563
2014 $10,586 $327,449 $61,632 $265,817
2013 $6,632 $327,449 $61,632 $265,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1206877

Cedar Rapids Area Association of REALTORS®

APN: 12364-26011-00000