NOT LISTED FOR SALE

705 Fernwood Dr NE Cedar Rapids, IA 52402

Estimated Value: $159,000 - $262,000

3 Beds
2.5 Baths
1,547 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 02, 2019

Last sale price $175,000 $113 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,515/month

Highlights

  • Deck
  • Family Room with Fireplace
  • Central Air
  • Echo Hill Elementary School Rated A
  • Recreation Room
  • Combination Kitchen and Dining Room

About This Home

As of May 2019

Meticulous split-foyer! New kitchen appliances stay! New light fixtures throughout! Freshly painted! Replaced garage doors 2014. New garbage disposal 2015. Fireplace and built-in book cases in rec room. The washer and dryer stay. Oversize two-stall garage. These folks have done everything to get the property ready. Fenced in back yard. Clean, clean, clean! Don't miss this one!

Last Agent to Sell the Property

Lois Foster

Pinnacle Realty LLC Listed on: 04/03/2019

Pinnacle Realty LLC

Last Buyer's Agent

Matt Smith

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,662

Year Built

  • 1975

Lot Details

  • Lot Dimensions are 140 x 84
  • Fenced

Home Design

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

Interior Spaces

  • Free Standing Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,662

Year Built

1975

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Above Grade Finished Sq Ft: 1247
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3662
  • List User Cell Phone: 319-560-3077
  • Low Lvl Fin Sq Ft: 300
  • Miscellaneous: Cable Ready, Deck, Fencing, Home Warranty
  • Net Tax: 3662
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 140.34
  • Total Sq Ft: 1547
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Partial, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Family Room, Free Standing, Gas
  • Level 2 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 2 Car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Lot Info

  • Lot Size: 140 X 84

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Apr 25, 2019
Sold by
Ferro Joseph and Ferro Evelyn
Bought by
Gamewell Debra L and Gamewell Russell H
Seller's Agent
Lois Foster
Pinnacle Realty LLC
Buyer's Agent
Matt Smith
RE/MAX CONCEPTS
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$224,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,940
Avg. Annual Appreciation
3.86%
Original Mortgage
$169,750
Outstanding Balance
$148,937
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$76,003

Purchase Details

Closed on
Jun 1, 2011
Sold by
Chambers Lois C
Bought by
Ferro Joseph and Ferro Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gamewell Debra L $175,000 None Available
Ferro Joseph $144,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamewell Debra L $169,750
Previous Owner Ferro Joseph $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold $175,000 0.0% $113 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $175,000 -- $113 / 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 $3,986 $218,400 $53,000 $165,400
2024 $3,998 $200,700 $45,200 $155,500
2023 $3,998 $203,400 $45,200 $158,200
2022 $3,878 $174,900 $41,200 $133,700
2021 $3,932 $175,200 $41,200 $134,000
2020 $3,932 $167,500 $35,300 $132,200
2019 $3,826 $164,700 $35,300 $129,400
2018 $3,662 $164,700 $35,300 $129,400
2017 $3,648 $159,200 $35,300 $123,900
2016 $3,422 $153,000 $35,300 $117,700
2015 $3,286 $146,761 $23,562 $123,199
2014 $3,286 $146,761 $23,562 $123,199
2013 $3,178 $146,761 $23,562 $123,199
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lois Foster

    Pinnacle Realty LLC

    Section Image
  • Matt Smith

    Buyer's Agent in 2019

    Matt Smith

    RE/MAX

    (319) 431-5859

    182 Total Sales

    Matt Smith
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1902257

Cedar Rapids Area Association of REALTORS®

APN: 11344-55001-00000

Iowa Linn County Cedar Rapids 52402

705 Fernwood Dr NE, Cedar Rapids, IA

Not Listed for Sale

Detached

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