NOT LISTED FOR SALE

6306 Michael Dr Cedar Rapids, IA 52411

Estimated Value: $696,000 - $747,919

5 Beds
3 Baths
3,652 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $456,046 $125 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,702/month

282 Days on Market

Highlights

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

About This Home

As of February 2018

Find 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.

Last Agent to Sell the Property

Tiffany Earl-Williams

SKOGMAN REALTY COMMERCIAL Listed on: 02/22/2017

Last Buyer's Agent

Tiffany Earl-Williams

SKOGMAN REALTY COMMERCIAL Listed on: 02/22/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,842

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,842

Year Built

2017

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Style: Ranch
  • Acres: 0.3700
  • Above Grade Finished Sq Ft: 2118
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • List User Cell Phone: 319-651-8165
  • Low Lvl Fin Sq Ft: 1534
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Irrigation System, Vaulted Ceiling
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99248
  • Ratio Close Price By Original Li: 0.89438
  • Ratio Current Price By Sq Ft: 215.32
  • Total Sq Ft: 3652
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

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

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 250

Schools

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

Lot Info

  • Lot Size: .37 Acres

Building Info

  • Builder Name: First Construction

Rental Info

  • Pets: Pets Allowed

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%
Current Estimated Value
$712,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,434
Avg. Annual Appreciation
6.04%
Original Mortgage
$391,000
Outstanding Balance
$328,012
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$384,468
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 Buyer Sale Price Title Company
Luedeman Eric $456,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
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

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 $10,842 $677,200 $116,000 $561,200
2024 $11,426 $663,800 $99,800 $564,000
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1701340

Cedar Rapids Area Association of REALTORS®

APN: 12362-77011-00000