NOT LISTED FOR SALE

6503 Medford Ln NE Cedar Rapids, IA 52402

Estimated Value: $200,000 - $212,806

3 Beds
1.5 Baths
1,459 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $172,500 $118 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,325/month

27 Days on Market

Highlights

  • Solar Power System
  • Deck
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • Forced Air Cooling System

About This Home

As of October 2022

Powered by the sun! This 3 bedroom/1.5 bath home on NE side has a new solar system that makes for inexpensive living in the long term. Conveniently located in a quiet, family friendly neighborhood, a spacious kitchen, bonus room in the lower level, reverse osmosis water system, and a fenced backyard is just the start. Other updates include the roof, siding, fascia, gutters, windows, water heater, furnace, A/C, kitchen cabinets, and appliances. Seller is offering a $2500 carpet allowance for the replacement of the flooring in the lower level family room. Call me today to schedule a private showing.

Last Agent to Sell the Property

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED Listed on: 07/28/2022

Last Buyer's Agent

Jonathan Doerrfeld

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,936

Year Built

  • 1969

Lot Details

  • Lot Dimensions are 75 x 106
  • Fenced

Home Design

  • Split Foyer
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Garage Door Opener

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,936

Year Built

1969

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Above Grade Finished Sq Ft: 959
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2936
  • List User Cell Phone: 319-981-3702
  • Low Lvl Fin Sq Ft: 500
  • Miscellaneous: Deck, Fencing, Solar Panels, Storage Shed
  • Net Tax: 2936
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95860
  • Ratio Close Price By Original Li: 0.93268
  • Ratio Current Price By Sq Ft: 179.87
  • Total Sq Ft: 1459
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Partial, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Drive Under
  • Garage Size: 1 Car

Utilities

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

Schools

  • Elementary School: Nixon
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 75 X 106

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 27, 2022
Sold by
Farmer Jeremy T and Farmer Carrie A
Bought by
Bishop Samuel A and Bishop Isabel
Seller's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
Buyer's Agent
Jonathan Doerrfeld
Realty87
List Price
$184,950
Sold Price
$172,500
Premium/Discount to List
-$12,450
-6.73%
Current Estimated Value
$206,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,702
Avg. Annual Appreciation
6.17%
Original Mortgage
$155,250
Outstanding Balance
$147,933
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$58,269

Purchase Details

Closed on
Oct 27, 2005
Sold by
Avelar Therese A
Bought by
Farmer Jeremy T and Farmer Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Bishop Samuel A $172,500 --
Farmer Jeremy T $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Samuel A $155,250
Previous Owner Farmer Jeremy T $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $172,500 -4.1% $118 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $179,950 -2.7% $123 / Sq Ft
07/28/2022 07/28/22 For Sale $184,950 -- $127 / 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 $2,778 $188,300 $42,100 $146,200
2024 $3,206 $176,900 $35,600 $141,300
2023 $3,206 $167,500 $35,600 $131,900
2022 $3,034 $152,000 $32,400 $119,600
2021 $2,936 $146,500 $32,400 $114,100
2020 $26 $133,100 $25,900 $107,200
2019 $2,708 $124,300 $25,900 $98,400
2018 $2,635 $124,300 $25,900 $98,400
2017 $2,494 $121,700 $25,900 $95,800
2016 $2,494 $117,300 $25,900 $91,400
2015 $2,529 $118,787 $25,920 $92,867
2014 $2,562 $118,787 $25,920 $92,867
2013 $1,276 $118,787 $25,920 $92,867
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mike Selling Team

    GRAF REAL ESTATE, ERA POWERED

    (319) 981-3702

    648 Total Sales

    Mike Selling Team
    Section Image

  • J

    Buyer's Agent in 2022

    Jonathan Doerrfeld

    Realty87

    (319) 202-0001

    128 Total Sales

    Jonathan Doerrfeld
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207465

Cedar Rapids Area Association of REALTORS®

APN: 11334-04008-00000

Iowa Linn County Cedar Rapids 52402

6503 Medford Ln NE, Cedar Rapids, IA

This home is located at 6503 Medford Ln NE, Cedar Rapids, IA 52402 since 28 July 2022 and is currently estimated at $206,202, approximately $141 per square foot. This property was built in 1969. 6503 Medford Ln NE is a home located in Linn County with nearby schools including Nixon 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.

Nearby Homes