NOT LISTED FOR SALE

6402 Michael Dr NE Cedar Rapids, IA 52411

Estimated Value: $676,000 - $743,000

5 Beds
3.5 Baths
3,589 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $485,000 $135 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,599/month

161 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Main Floor Primary Bedroom
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • Great Room with Fireplace

About This Home

As of May 2017

Fabulous B. Hancock Home will be ready for a January possession date. Located in the NEW Wexford Heights and sitting on a .30 acre lot, these are hard to come by! Minutes to everything. Over 3500 sq. ft. finished with over 2100 on the main floor alone. Offering vaulted ceilings, a wall of windows, a large walk-in pantry, spacious bedrooms, a sunroom off the great room and an amazing master suite. Lower level is a walk-out. Loaded with the quality you'd expect from a B.Hancock Home.

Last Agent to Sell the Property

Jacey Slaton

Ruhl&Ruhl, REALTORS - CR Listed on: 10/27/2016

Last Buyer's Agent

Jacey Slaton

Ruhl&Ruhl, REALTORS - CR Listed on: 10/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,216

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.36 Acre Lot

Parking

  • 3 Parking Spaces

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Community Details

  • Built by B.Hancock Custom Homes

Listing and Financial Details

  • Assessor Parcel Number 123627700800000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,216

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3589
  • Homebuilder: B.Hancock Custom Homes
  • Owner Name L F Mi: Hancock
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: 3% CCB On First $300K And 2.5% Thereafter- Contact Jacey on evenings and weekends at 319-551-2361 or jaceyslaton@jillmonnahan.com to schedule, all other times please contact Ruhl's showing desk
  • Year Built: 2016
  • Tax Year Report: 2015
  • Directions: W on Blairsferry from Edgewood Rd, then turn N on Milburn and W Rapids Ridge or Sanden and turn N on Michael Dr
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Finished, Full
  • Fireplace Type Location: In Great/Family Room, Gas
  • Interior R: Cable Available, Vaulted Ceiling, Other
  • Kitchen Breakfast R: Breakfast Bar, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Remarks2: Fabulous B. Hancock Home will be ready for a January possession date. Located in the NEW Wexford Heights and sitting on a .30 acre lot, these are hard to come by! Minutes to everything. Over 3500 sq. ft. finished with over 2100 on the main floor alone. Offering vaulted ceilings, a wall of windows, a large walk-in pantry, spacious bedrooms, a sunroom off the great room and an amazing master suite. Lower level is a walk-out. Loaded with the quality you'd expect from a B.Hancock Home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 3
  • Sq Ft Above: 2115
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1474
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • New Construction: Yes
  • ExteriorFeatures: Deck, Patio

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.36
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 123627700800000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
May 19, 2017
Sold by
B Hankcock Construction Inc
Bought by
Sanger Ryan M and Sanger Lauren J
Seller's Agent
Jacey Slaton
Ruhl&Ruhl, REALTORS - CR
Buyer's Agent
Jacey Slaton
Ruhl&Ruhl, REALTORS - CR
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Current Estimated Value
$707,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,004
Avg. Annual Appreciation
4.61%
Original Mortgage
$388,000
Outstanding Balance
$321,513
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$385,491

Purchase Details

Closed on
Jul 18, 2016
Sold by
Wex Inc
Bought by
B Hancock Construction Inc and Wex Inc
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
Sanger Ryan M -- None Available
B Hancock Construction Inc -- None Available
Wex Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanger Ryan M $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold $485,000 -2.0% $135 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $495,000 -- $138 / Sq Ft
Source: Iowa City 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 $10,216 $643,100 $114,000 $529,100
2024 $10,800 $625,800 $98,000 $527,800
2023 $10,800 $587,700 $98,000 $489,700
2022 $10,416 $520,900 $79,800 $441,100
2021 $10,886 $511,800 $79,800 $432,000
2020 $10,886 $502,000 $79,800 $422,200
2019 $9,778 $462,200 $63,800 $398,400
2018 $8,670 $462,200 $63,800 $398,400
2017 $0 $5,600 $5,600 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20165820

Iowa City Area Association of REALTORS®

APN: 12362-77008-00000