NOT LISTED FOR SALE

7123 Summerland Ridge Rd NE Cedar Rapids, IA 52402

Estimated Value: $349,000 - $366,000

4 Beds
4 Baths
2,250 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 7123 Summerland Ridge Rd NE, Cedar Rapids, IA 52402 and is currently estimated at $359,655, approximately $159 per square foot. 7123 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Fruhling Perry J and Fruhling Marlys C
Bought by
Cerny Chad M and Martens Kelsey
Current Estimated Value
$359,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Outstanding Balance
$306,396
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$53,259

Purchase Details

Closed on
Jul 26, 2002
Sold by
Kraft Julie A and Haynes Richard B
Bought by
Fruhling Perry J and Fruhling Marlys C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,600
Interest Rate
6.63%

Purchase Details

Closed on
Oct 13, 1999
Sold by
Peterson Michael Kelly
Bought by
Kraft Julie Ann

Purchase Details

Closed on
Dec 16, 1998
Sold by
Jerrys Homes Inc
Bought by
Kraft Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,825
Interest Rate
6.37%
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.

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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.

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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.

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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.

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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
Cerny Chad M $340,000 None Listed On Document
Fruhling Perry J $189,000 --
Kraft Julie Ann -- --
Kraft Julie A $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerny Chad M $319,900
Previous Owner Fruhling Perry J $151,600
Previous Owner Kraft Julie A $164,825
Source: Public Records

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 $6,188 $338,200 $68,400 $269,800
2024 $5,750 $326,800 $68,400 $258,400
2023 $5,750 $315,800 $60,400 $255,400
2022 $5,428 $260,500 $54,300 $206,200
2021 $5,476 $254,100 $50,300 $203,800
2020 $5,476 $241,800 $46,300 $195,500
2019 $5,170 $237,700 $42,200 $195,500
2018 $4,946 $231,100 $42,200 $188,900
2017 $4,873 $227,400 $42,200 $185,200
2016 $4,873 $217,800 $42,200 $175,600
2015 $4,769 $212,952 $32,190 $180,762
2014 $4,574 $212,952 $32,190 $180,762
2013 $4,418 $212,952 $32,190 $180,762
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52402

7123 Summerland Ridge Rd NE, Cedar Rapids, IA

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