6306 Michael Dr Cedar Rapids, IA 52411
Estimated Value: $620,000 - $721,000
5
Beds
3
Baths
3,652
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- New Construction
- Deck
- Vaulted Ceiling
- John F. Kennedy High School Rated A-
- Recreation Room
- Ranch Style House
About This Home
As of February 2018Find incredible value in this amazing new walk out ranch from an award-winning builder sits on a private lot that backs up to an outlot which will never be developed. The moment you step in to this home, you will sense that everything about this home feels generous with large rooms, an open floor plan, tall ceilings and a wall of windows across the back. The kitchen has a U shaped design with large quartz island that leaves plenty of room for gourmet meal prep, entertaining and storage. Enjoy upgraded stainless appliances &, dual pantries. The luxurious master suite has a large bedroom and extra large master closet with upgraded built ins, room, custom tiled shower & tub. The entrance from the garage to house has no steps and is zero entry over the garage threshold. The interior and exterior style of this home also set it apart with a transitional flair. The enjoy nature from the covered deck off the great room that walks down to an awesome flat backyard and patio. The yard has a new irrigation system that make it easy to stay green. Stay organized w/a laundry room with natural light from the windows, large mudroom w/custom lockers & adult drop zone. There is also a bill pay or homework station tucked behind barn doors in the main living space that close off to keep it neat when you aren't at work. The walk out lower level is HUGE with wet bar, large rec room & theater room that is pre-wired for an awesome experience w/pass thru to the bar. Enjoy the maximum benefit “new” property tax treatment w/savings on property taxes! This high-performance home has a 5 Star Plus HERS Rating for energy efficiency & will also save you money on utilities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,426
Year Built
- 2017
Lot Details
- 0.37 Acre Lot
- Irrigation
HOA Fees
- $21 Monthly HOA Fees
Home Design
- Ranch Style House
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- Vaulted Ceiling
- Gas Fireplace
- Great Room with Fireplace
- Combination Kitchen and Dining Room
- Recreation Room
- Laundry on main level
Kitchen
- Eat-In 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
- 3 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Deck
Utilities
- Central Air
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Community Details
- Built by First Construction
Listing and Financial Details
- Home warranty included in the sale of the property
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2017
Closed on
Feb 23, 2018
Sold by
First Construction Company Inc
Bought by
Luedeman Eric and Lea Vernedia
Seller's Agent
Tiffany Earl-Williams
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Tiffany Earl-Williams
SKOGMAN REALTY COMMERCIAL
List Price
$509,900
Sold Price
$456,046
Premium/Discount to List
-$53,854
-10.56%
Total Days on Market
282
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,679
Avg. Annual Appreciation
6.32%
Original Mortgage
$391,000
Outstanding Balance
$335,808
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$374,499
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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JW Home Builders Pre-sold! Call listing agent for information on premium walkout and daylight lots available.
Lori Frett Skogman Realty Co.
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luedeman Eric | $456,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luedeman Eric | $30,000 | |
| Open | Luedeman Eric | $391,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2018 02/23/18 | Sold | $456,046 | -0.8% | $125 / Sq Ft |
| 12/01/2017 12/01/17 | Pending | -- | -- | -- |
| 11/10/2017 11/10/17 | Price Changed | $459,500 | -2.1% | $126 / Sq Ft |
| 09/08/2017 09/08/17 | Price Changed | $469,500 | -2.1% | $129 / Sq Ft |
| 08/10/2017 08/10/17 | Price Changed | $479,500 | -6.0% | $131 / Sq Ft |
| 02/22/2017 02/22/17 | For Sale | $509,900 | -- | $140 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $11,426 | $623,100 | $99,800 | $523,300 |
| 2022 | $11,020 | $550,600 | $81,200 | $469,400 |
| 2021 | $11,408 | $540,900 | $81,200 | $459,700 |
| 2020 | $11,408 | $525,600 | $81,200 | $444,400 |
| 2019 | $9,584 | $444,600 | $65,000 | $379,600 |
| 2018 | $1,564 | $444,600 | $65,000 | $379,600 |
| 2017 | $1,564 | $5,600 | $5,600 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tiffany Earl-Williams
Seller's Agent in 2018
Tiffany Earl-Williams
SKOGMAN REALTY COMMERCIAL
(319) 651-8165
96 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1701340
APN: 12362-77011-00000
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