NOT LISTED FOR SALE

7002 High Point Ln Cedar Rapids, IA 52411

Estimated Value: $530,000 - $613,704

5 Beds
3.5 Baths
4,840 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $335,000 $69 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,517/month

2 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Den
  • John F. Kennedy High School Rated A-
  • Hydromassage or Jetted Bathtub
  • Formal Dining Room

About This Home

As of April 2014

THE PHOTOS SHOW WHAT WAS & CAN BE ONCE AGAIN WITH UPDATED FLOOR COVERINGS, SOME WINDOW REPLACEMENTS ($8-$10K ESTIMATES) OTHER TLC, BUT THE VIEW FROM THE FAMILY AND DINING AREA SUNROOM IS WORTH IT! BEAUTIFUL HARDWOOD FLOORS, MAPLE CABINETRY, HUGH WALK IN CLOSET, DEN, STUDY, FORMAL DINING ROOM, 6 PANEL DOORS & QUALITY CONSTRUCTION OF A POPULAR FLOOR PLAN. BEING SOLD AS IS WITH A HOME OWNERS WARRANTY. SELLER IS MOTIVATED!

Last Agent to Sell the Property

Bob Bembenek

CREATIVE CONSULTING REAL ESTATE, LLC Listed on: 02/26/2014

Last Buyer's Agent

Scott Barcz

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,045

Year Built

  • 1998

Lot Details

  • 1.01 Acre Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

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

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Built by SKOGMAN

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,045

Year Built

1998

Lot Details

0

Listing Details

  • Style: 2 Stories, Free Standing
  • Acres: 1.0100
  • Above Grade Finished Sq Ft: 2940
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 5045
  • List User Cell Phone: 319-981-1240
  • Low Lvl Fin Sq Ft: 1900
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Jetted Tub, Patio, Satellite Dish
  • Net Tax: 4912
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90813
  • Ratio Close Price By Original Li: 0.90813
  • Ratio Current Price By Sq Ft: 113.95
  • R Value Ceiling: 44.0000
  • R Value Sidewalls: 21.0000
  • Total Sq Ft: 4840
  • Taxable Value Tv: 365600.00
  • Tax Roll Number: 12342601100000
  • Water Sewer Roads: Community Well, Septic System
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Living Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Gas
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 9

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Brick, Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Off Street Parking
  • Garage Size: 3 CAR

Utilities

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

Schools

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

Lot Info

  • Lot Size: IRREGULAR

Building Info

  • Builder Name: SKOGMAN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2020
Sold by
Castro Anthony A
Bought by
Schultes Justin and Schultes Katherine
Current Estimated Value
$581,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Outstanding Balance
$275,245
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$306,431

Purchase Details

Listed on
Feb 26, 2014
Closed on
Apr 4, 2014
Sold by
Kan Zheng Qing and Kan Tung
Bought by
Castro Anthony A
Seller's Agent
Bob Bembenek
CREATIVE CONSULTING REAL ESTATE, LLC
Buyer's Agent
Scott Barcz
SKOGMAN REALTY
List Price
$368,888
Sold Price
$335,000
Premium/Discount to List
-$33,888
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$268,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2005
Sold by
Zheng Shi Zhong
Bought by
Zheng Qing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 19, 2002
Sold by
Brenneman Scott D and Brenneman Karen S
Bought by
Zheng Shi Zhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
7.87%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Midwest Development Co
Bought by
Brenneman Scott D and Brenneman Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.93%

Purchase Details

Closed on
Jul 17, 1998
Sold by
Brenneman Scott D and Brenneman Karen S
Bought by
Midwest Developmetn Co

Purchase Details

Closed on
Jul 2, 1998
Sold by
Byers Scott G and Byers Janice A
Bought by
Brenneman Scott D and Brenneman Karen S
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
Schultes Justin $389,000 None Available
Castro Anthony A $335,000 None Available
Zheng Qing $429,500 --
Zheng Shi Zhong $389,500 --
Brenneman Scott D $241,000 --
Midwest Developmetn Co $36,500 --
Brenneman Scott D $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultes Justin $311,200
Previous Owner Castro Anthony A $268,000
Previous Owner Zheng Qing $359,650
Previous Owner Zheng Shi Zhong $331,500
Previous Owner Brenneman Scott D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2014 04/04/14 Sold $335,000 -9.2% $69 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $368,888 -- $76 / 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 $5,200 $506,700 $80,000 $426,700
2024 $5,134 $458,400 $80,000 $378,400
2023 $5,134 $458,400 $80,000 $378,400
2022 $5,072 $372,100 $80,000 $292,100
2021 $5,376 $372,100 $80,000 $292,100
2020 $5,376 $364,600 $65,200 $299,400
2019 $4,994 $364,600 $65,200 $299,400
2018 $4,886 $346,200 $65,200 $281,000
2017 $4,930 $334,800 $65,200 $269,600
2016 $4,939 $334,800 $65,200 $269,600
2015 $5,429 $365,600 $65,200 $300,400
2014 $5,300 $365,600 $65,200 $300,400
2013 $5,192 $365,600 $65,200 $300,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1401197

Cedar Rapids Area Association of REALTORS®

APN: 12354-26011-00000