NOT LISTED FOR SALE

5915 River Pkwy NE Cedar Rapids, IA 52411

Estimated Value: $494,687 - $597,000

5 Beds
3.5 Baths
3,427 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $328,000 $96 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,518/month

175 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Great Room with Fireplace
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • 3 Car Attached Garage

About This Home

As of March 2012

PRICED RIGHT-3 YEAR OLD RANCH. EVERYTHING YOU WOULD EXPECT IN A CUSTOM HOME EXCEPT THE PRICE. SPLIT BEDROOM DESIGN WITH GRANITE EVERYWHERE. A WALK-OUT LOWER LEVEL WITH 2 ADDITIONAL BEDROOMS, MEDIA ROOM, FULL BATH AND KITCHENETTE. WELLLOCATED IN THE USHER RIDGE AREA WITH A NICE VIEW FROM THE DECK OR LOWER PATIO. NOT YOUR TYPICAL BANK OWNED PROPERTY. AVAILABLE FOR IMMEDIATE POSSESSION.

Last Agent to Sell the Property

Daniel Baty

Realty87 Listed on: 08/08/2011

Realty87

Last Buyer's Agent

Cathy Hiserote

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,586

Year Built

  • 2008

Lot Details

  • Lot Dimensions are 90 x 140
  • Irrigation

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • 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

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,586

Year Built

2008

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1812
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 5586
  • List User Cell Phone: 319-360-0178
  • Low Lvl Fin Sq Ft: 1615
  • Miscellaneous: Cable Ready, Deck, Irrigation System, Patio, Sound System
  • Net Tax: 5586
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93741
  • Ratio Close Price By Original Li: 0.91136
  • Ratio Current Price By Sq Ft: 181.02
  • Total Sq Ft: 3427
  • Tax Roll Number: 1312428008
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

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

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 24X36

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Jackson
  • Middle School: Franklin
  • High School: Kennedy

Lot Info

  • Lot Size: 90 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2011
Closed on
Mar 21, 2012
Sold by
Liberty Bank Fsb
Bought by
Thompson Scott A and Thompson Kelly A
Seller's Agent
Daniel Baty
Realty87
Buyer's Agent
Cathy Hiserote
IOWA REALTY
List Price
$359,900
Sold Price
$328,000
Premium/Discount to List
-$31,900
-8.86%
Current Estimated Value
$544,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,672
Avg. Annual Appreciation
3.82%
Original Mortgage
$262,400
Outstanding Balance
$33,652
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$511,020

Purchase Details

Closed on
Oct 8, 2010
Sold by
Phoenix Ventures Inc
Bought by
Liberty Bank Fsb

Purchase Details

Closed on
Nov 12, 2007
Sold by
Seminole Park Development Llc
Bought by
Phoenix Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.45%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thompson Scott A $328,000 None Available
Liberty Bank Fsb -- None Available
Phoenix Ventures Inc $64,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Scott A $262,400
Previous Owner Phoenix Ventures Inc $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $328,000 -8.9% $96 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
08/08/2011 08/08/11 For Sale $359,900 -- $105 / 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 $7,558 $465,500 $83,500 $382,000
2024 $7,862 $437,500 $83,500 $354,000
2023 $7,862 $437,500 $83,500 $354,000
2022 $7,720 $381,600 $74,700 $306,900
2021 $8,042 $381,600 $74,700 $306,900
2020 $8,042 $373,100 $52,700 $320,400
2019 $7,498 $356,400 $52,700 $303,700
2018 $7,288 $356,400 $52,700 $303,700
2017 $7,494 $352,600 $52,700 $299,900
2016 $7,371 $346,800 $52,700 $294,100
2015 $7,295 $342,801 $52,724 $290,077
2014 $7,110 $342,801 $52,724 $290,077
2013 $6,952 $342,801 $52,724 $290,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1105695

Cedar Rapids Area Association of REALTORS®

APN: 13124-28008-00000