$420,000
SOLD JUN 8, 2018

6524 Michael Dr NE Cedar Rapids, IA 52411

5 Beds
3 Baths
4,046 Sq Ft
0.5 Acres

Recently Sold

$104 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

  • New Construction
  • Deck
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • 3 Car Attached Garage

About This Home

As of July 2021

UPPER CLASS CONSTRUCTION FROM 5 STAR HOMES. THIS SPLIT BEDROOM FLOOR PLAN FEATURES A GORGEOUS OPEN FEEL OFFERING VAULTED CEILINGS, BEAUTIFUL HARDWOOD FLOORS, STONE FIREPLACE WITH BUILT-INS, FORMAL DINING ROOM WITH UNIQUE FIXTURE, GORGEOUS GOURMET KITCHEN INCLUDING ALL APPLIANCES & HIDEAWAY PANTRY. BEAUTIFUL MASTER SUITE WITH WALK-IN LOCKER ROOM SHOWER, WALK-IN CLOSET & DUAL VANITY. UNIQUE UPPER LEVEL LOFT FOR OFFICE OR KIDS PLAYROOM. LOWER LEVEL BOASTS A PERFECT SPACE FOR ENTERTAINING WITH A CUSTOM BUILT WET BAR, POOL TABLE AREA AND OF COURSE A WALK-OUT BASEMENT!! 3 STALL GARAGE DOOR CAN BE CONTROLLED WITH YOUR SMART PHONE, OVER SIZED LOT WITH NO REAR NEIGHBORS, CULTURED EXTERIOR STONE AND A 2-10 HBW WARRANTY! OTHER LOTS/PLANS AVAILABLE. HURRY!!

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 04/02/2018

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $165

Year Built

  • 2016

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 114x205

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Home Security System
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$165

Year Built

2016

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.5000
  • Above Grade Finished Sq Ft: 2358
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 165
  • List User Cell Phone: 319-981-3702
  • Low Lvl Fin Sq Ft: 1688
  • Miscellaneous: Cable Ready, Deck, Patio, Security System, Sound System
  • Net Tax: 165
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97686
  • Ratio Close Price By Original Li: 0.95465
  • Ratio Current Price By Sq Ft: 178.12
  • Total Sq Ft: 4046
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room, Rec Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 700SF

Utilities

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

Schools

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

Lot Info

  • Lot Size: 114x205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 7, 2021
Sold by
Gloede Chad M and Gloede Lindsay M
Bought by
Snitker Cristina D and Snitker Connor J
Seller's Agent
Chad Gloede
RE/MAX CONCEPTS
Buyer's Agent
Chad Gloede
RE/MAX CONCEPTS
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$671,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,667
Avg. Annual Appreciation
6.50%
Original Mortgage
$52,500
Outstanding Balance
$33,341
Interest Rate
2.96%
Mortgage Type
Stand Alone Second
Estimated Equity
$646,667

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 6, 2018
Sold by
5 Star Homes Llc
Bought by
Gloede Chad M and Gloede Lindsay M
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$439,950
Sold Price
$420,000
Premium/Discount to List
-$19,950
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$42,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 None Available
Warranty Deed $420,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,500 Stand Alone Second
Open $420,000 New Conventional
Previous Owner $323,200 New Conventional
Previous Owner $69,800 New Conventional
Previous Owner $327,000 New Conventional
Previous Owner $42,000 Purchase Money Mortgage
Previous Owner $336,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $525,000 0.0% $139 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $525,000 +25.0% $139 / Sq Ft
06/08/2018 06/08/18 Sold $420,000 -2.3% $104 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $429,950 -2.3% $106 / Sq Ft
04/02/2018 04/02/18 For Sale $439,950 -- $109 / 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 $10,186 $551,000 $108,700 $442,300
2022 $9,830 $491,800 $88,400 $403,400
2021 $10,338 $483,500 $88,400 $395,100
2020 $10,338 $477,100 $88,400 $388,700
2019 $10,390 $482,000 $70,800 $411,200
2018 $9,112 $482,000 $70,800 $411,200
2017 $0 $7,800 $7,800 $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: 1802140

Cedar Rapids Area Association of REALTORS®

APN: 12362-77001-00000