7116 Summerland Ridge Rd NE Cedar Rapids, IA 52402
Estimated Value: $304,655 - $351,000
4
Beds
2.5
Baths
2,229
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- Formal Dining Room
- Forced Air Cooling System
- Patio
- Westfield Elementary School Rated A
- Breakfast Bar
- Living Room
About This Home
As of February 2016Don't skip over this one! This two story home’s floor plan offers a spacious master bedroom suite. There are 2 walk-in closets. They’re huge. Yup, there may be room for another’s clothes -- in -- the -- closet. Hard to believe, right? Plus, there’s a 2nd floor laundry and storage closet offering many labor-saving steps. This, plus 3 bright and nicely sized bedrooms; each with ample closet spaces.
The home’s design and size (more than 2,200 square feet) provides for a comfortable living room, formal dining room and family room. Light the gas fire. The kitchen area has a convenient island, breakfast bar, planning desk and step saving pantry. The kitchen is just steps to a patio and game-sized backyard.
The lower level has insulation but is not finished. Repeat after me, man-cave, storage, play area, gaming tables and bouncing a ball.
Location is really convenient with schools (public and private), shopping, parks, trails, churches and highways just minutes away. Enjoy the neighborhood and all that it offers.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,336
Year Built
- 1996
Lot Details
- 7,971
Home Design
- Brick Exterior Construction
- Poured Concrete
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 2,229 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Basement Fills Entire Space Under The House
- Laundry on upper level
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
Parking
- 2 Car Garage
- Garage Door Opener
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Patio
- 7,971 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2015
Closed on
Feb 13, 2016
Sold by
Christensen David W and Christensen Lindy A
Bought by
Palermo Joseph R and Palermo Renee N
Seller's Agent
Michael Rochford
ROCHFORD & COMPANY REALTORS
Buyer's Agent
Brooke Zrudsky
Pinnacle Realty LLC
List Price
$209,900
Sold Price
$206,500
Premium/Discount to List
-$3,400
-1.62%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,414
Avg. Annual Appreciation
4.83%
Original Mortgage
$165,200
Outstanding Balance
$132,848
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$186,722
Purchase Details
Closed on
Jun 18, 2004
Sold by
Paragon Relocation Resources Inc
Bought by
Christensen David W and Christensen Lindy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
6.46%
Mortgage Type
Unknown
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
Similar Homes in Cedar Rapids, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palermo Joseph R | -- | None Available | |
| Christensen David W | $187,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palermo Joseph R | $165,200 | |
| Previous Owner | Christensen David W | $180,000 | |
| Previous Owner | Christensen David W | $150,400 | |
| Closed | Christensen David W | $37,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2016 02/16/16 | Sold | $206,500 | -1.6% | $93 / Sq Ft |
| 12/04/2015 12/04/15 | Pending | -- | -- | -- |
| 11/22/2015 11/22/15 | For Sale | $209,900 | -- | $94 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $5,034 | $263,200 | $53,700 | $209,500 |
| 2022 | $4,750 | $229,100 | $48,400 | $180,700 |
| 2021 | $4,742 | $223,500 | $44,800 | $178,700 |
| 2020 | $4,742 | $210,600 | $41,200 | $169,400 |
| 2019 | $4,478 | $201,300 | $37,600 | $163,700 |
| 2018 | $4,282 | $201,300 | $37,600 | $163,700 |
| 2017 | $4,444 | $202,400 | $37,600 | $164,800 |
| 2016 | $4,321 | $193,200 | $37,600 | $155,600 |
| 2015 | $4,126 | $193,718 | $28,661 | $165,057 |
| 2014 | $4,142 | $193,718 | $28,661 | $165,057 |
| 2013 | $4,000 | $193,718 | $28,661 | $165,057 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rochford
Seller's Agent in 2016
Michael Rochford
ROCHFORD & COMPANY REALTORS
(319) 389-1160
1 Total Sale
-
Brooke Zrudsky
Buyer's Agent in 2016
Brooke Zrudsky
Pinnacle Realty LLC
(319) 899-2565
194 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1591702
APN: 11342-26009-00000
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