NOT LISTED FOR SALE

7116 Summerland Ridge Rd NE Cedar Rapids, IA 52402

Estimated Value: $312,225 - $350,000

4 Beds
2.5 Baths
2,229 Sq Ft
$146/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $206,500 $93 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,194/month

12 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Patio
  • Westfield Elementary School Rated A
  • Breakfast Bar
  • Living Room

About This Home

As of February 2016

Don'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.

Last Agent to Sell the Property

Michael Rochford

ROCHFORD & COMPANY REALTORS Listed on: 11/22/2015

Last Buyer's Agent

Brooke Zrudsky

Pinnacle Realty LLC

Pinnacle Realty LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,336

Year Built

1996

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1830
  • Above Grade Finished Sq Ft: 2229
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 4336
  • List User Cell Phone: 319-389-1160
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 4142
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98380
  • Ratio Close Price By Original Li: 0.98380
  • Ratio Current Price By Sq Ft: 92.64
  • Total Sq Ft: 2229
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars

Utilities

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

Schools

  • Elementary School: Westfield
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: Irregular

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%
Current Estimated Value
$325,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,056
Avg. Annual Appreciation
4.54%
Original Mortgage
$165,200
Outstanding Balance
$132,848
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$182,457

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
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

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 $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

    Michael Rochford
    Section Image
  • Brooke Zrudsky

    Buyer's Agent in 2016

    Brooke Zrudsky

    Pinnacle Realty LLC

    (319) 899-2565

    198 Total Sales

    Brooke Zrudsky
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1591702

Cedar Rapids Area Association of REALTORS®

APN: 11342-26009-00000

Iowa Linn County Cedar Rapids 52402

7116 Summerland Ridge Rd NE, Cedar Rapids, IA

This home is located at 7116 Summerland Ridge Rd NE, Cedar Rapids, IA 52402 since 22 November 2015 and is currently estimated at $325,556, approximately $146 per square foot. This property was built in 1996. 7116 Summerland Ridge Rd NE is a home located in Linn County with nearby schools including Westfield Elementary School, Oak Ridge School, and Linn-Mar High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes