NOT LISTED FOR SALE

7027 Cottage Ridge Ct NE Cedar Rapids, IA 52411

Estimated Value: $692,000 - $728,000

5 Beds
3.5 Baths
4,139 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $675,000 $163 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,879/month

46 Days on Market

Highlights

  • Heated Floors
  • Waterfront
  • Deck
  • John F. Kennedy High School Rated A-
  • Fireplace in Primary Bedroom
  • Recreation Room

About This Home

As of August 2022

Buckle up, this home has the full list of upgrades with the location and privacy that can’t be beat! With almost 5000 sq ft of custom finishes, this home gives you the quiet retreat located where you’ve always wanted right at the end of a cul de sac. Upstairs has 3 bedrooms and an office, while downstairs adds two more bedrooms and a home gym! The hardwood floors on the lower level walkout to a beautiful fenced yard with a one of a kind pond view. Make sure to grab a glass of wine from your cellar before you head out to your patio and enjoying a fire.

Last Agent to Sell the Property

Justin Sloan

Pinnacle Realty LLC Listed on: 05/16/2022

Pinnacle Realty LLC

Last Buyer's Agent

Steve Siefert

COLDWELL BANKER HEDGES

COLDWELL BANKER HEDGES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,474

Year Built

  • 2012

Lot Details

  • 0.53 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Irrigation
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Central Vacuum
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Heated Floors
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

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
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,474

Year Built

2012

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Style: Ranch
  • Acres: 0.5290
  • Above Grade Finished Sq Ft: 2450
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 11474
  • List User Cell Phone: 319-521-0101
  • Low Lvl Fin Sq Ft: 1689
  • Miscellaneous: Cable Ready, Deck, Heated Flooring, Irrigation System, Patio, Satellite Dish, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 11474
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96567
  • Ratio Close Price By Original Li: 0.93103
  • Ratio Current Price By Sq Ft: 275.51
  • Total Sq Ft: 4139
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: Den/Study, Family Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Kitchen, Main/Primary Bedroom
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, Water Front, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Jackson
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: 23048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 12, 2022
Sold by
Altshul Dmitry V and Altshul Margaret G
Bought by
Peterson Tyler and Peterson Julie
Seller's Agent
Justin Sloan
Pinnacle Realty LLC
Buyer's Agent
Steve Siefert
COLDWELL BANKER HEDGES
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Total Days on Market
46
Current Estimated Value
$706,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,998
Avg. Annual Appreciation
2.21%
Original Mortgage
$607,500
Outstanding Balance
$583,827
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$134,048
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 Buyer Sale Price Title Company
Peterson Tyler $675,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Tyler $607,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $675,000 -3.4% $163 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $699,000 -3.6% $169 / Sq Ft
05/16/2022 05/16/22 For Sale $725,000 -- $175 / 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 $11,018 $600,800 $115,200 $485,600
2022 $10,822 $522,400 $103,100 $419,300
2021 $11,474 $522,400 $103,100 $419,300
2020 $11,474 $520,000 $72,800 $447,200
2019 $10,706 $496,700 $72,800 $423,900
2018 $10,410 $496,700 $72,800 $423,900
2017 $10,484 $481,400 $72,800 $408,600
2016 $10,062 $473,400 $72,800 $400,600
2015 $9,316 $437,764 $72,756 $365,008
2014 $9,316 $0 $0 $0
2013 -- $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: 2204277

Cedar Rapids Area Association of REALTORS®

APN: 13122-51040-00000