NOT LISTED FOR SALE

6500 Michael Dr NE Cedar Rapids, IA 52411

Estimated Value: $626,000 - $724,000

5 Beds
3.5 Baths
3,416 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $507,507 $149 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,555/month

6 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • 3 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Hydromassage or Jetted Bathtub
  • Eat-In Kitchen

About This Home

As of April 2018

This home is located at 6500 Michael Dr NE, Cedar Rapids, IA 52411 since 18 August 2017 and is currently estimated at $672,767, approximately $196 per square foot. This property was built in 2017. 6500 Michael Dr 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 Listed By

Emily Prahm

RE/MAX CONCEPTS Listed on: 08/18/2017

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,908

Year Built

  • 2017

Lot Details

  • 0.38

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Hydromassage or Jetted Bathtub

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • 0.38 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,908

Year Built

2017

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.3840
  • Above Grade Finished Sq Ft: 2016
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • 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: 319-573-0486
  • Low Lvl Fin Sq Ft: 1400
  • Miscellaneous: Cable Ready, Jetted Tub, Patio
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00696
  • Ratio Close Price By Original Li: 1.00696
  • Ratio Current Price By Sq Ft: 251.74
  • Total Sq Ft: 3416
  • Water Sewer Roads: City Sewer, City Water
  • 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
  • Basement: Full, Pour
  • 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 Stone, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 3 Car

Utilities

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

Schools

  • Elementary School: Novak
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: .384 Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Apr 10, 2018
Sold by
Jw Home Builders Series 1 Llc
Bought by
Bibby Casey and Bibby Denise
Seller's Agent
Emily Prahm
RE/MAX CONCEPTS
Buyer's Agent
Matt Smith
RE/MAX CONCEPTS
List Price
$504,000
Sold Price
$507,507
Premium/Discount to List
$3,507
0.7%
Total Days on Market
6
Current Estimated Value
$672,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,260
Avg. Annual Appreciation
4.03%
Original Mortgage
$101,502
Outstanding Balance
$64,544
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$607,185

Purchase Details

Closed on
Jul 19, 2017
Sold by
Dx4 Investments Llc
Bought by
Wex Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
Construction

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
Bibby Casey $508,000 None Available
Wex Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bibby Casey $18,000
Open Bibby Casey $101,502
Open Jw Home Builders Series 1 Llc $480,000
Previous Owner Jw Home Builders Series 1 Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2018 04/11/18 Sold $507,507 +0.7% $149 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $504,000 -- $148 / 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
2023 $9,908 $540,800 $100,300 $440,500
2022 $9,560 $478,600 $81,600 $397,000
2021 $9,842 $470,400 $81,600 $388,800
2020 $9,842 $454,700 $81,600 $373,100
2019 $3,158 $155,000 $65,300 $89,700
2018 $126 $155,000 $65,300 $89,700
2017 $126 $6,000 $6,000 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emily Prahm

    Seller's Agent in 2018

    Emily Prahm

    RE/MAX

    (319) 573-0486

    81 Total Sales

    Emily Prahm
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mark Prahm

    RE/MAX

    (319) 360-2317

    52 Total Sales

    Mark Prahm
    Section Image
  • Matt Smith

    Buyer's Agent in 2018

    Matt Smith

    RE/MAX

    (319) 431-5859

    185 Total Sales

    Matt Smith
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1708000

Cedar Rapids Area Association of REALTORS®

APN: 12362-77005-00000

Iowa Linn County Cedar Rapids 52411

6500 Michael Dr NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 6500 Michael Dr NE, Cedar Rapids, IA 52411 since 18 August 2017 and is currently estimated at $672,767, approximately $196 per square foot. This property was built in 2017. 6500 Michael Dr 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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