NOT LISTED FOR SALE

718 Fernwood Dr NE Cedar Rapids, IA 52402

Estimated Value: $176,000 - $241,000

4 Beds
3 Baths
1,189 Sq Ft
$182/Sq Ft Est. Value

About This Home

This home is located at 718 Fernwood Dr NE, Cedar Rapids, IA 52402 and is currently estimated at $215,962, approximately $181 per square foot. 718 Fernwood Dr NE is a home located in Linn County with nearby schools including Echo Hill Elementary School, Oak Ridge School, and Linn-Mar High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Knoll Rikka Marie and Burroughs Rikka M
Bought by
Burroughs Jason R
Current Estimated Value
$215,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,846
Outstanding Balance
$58,360
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$157,602

Purchase Details

Closed on
Jun 30, 2021
Sold by
Knoll Rikka M and Burroughs Jason R
Bought by
Burroughs Rikka M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2010
Sold by
Burroughs Jason
Bought by
Knoll Rikka Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2007
Sold by
Va
Bought by
Burroughs Jason and Knoll Rikka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,325
Interest Rate
6.66%
Mortgage Type
Construction

Purchase Details

Closed on
May 8, 2007
Sold by
Wells Fargo Bank Na
Bought by
Va

Purchase Details

Closed on
Apr 10, 2007
Sold by
Barrett Ricky J and Barrett Michelle D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 14, 2003
Sold by
Cook Ryan D and Cook Lisa M
Bought by
Barrett Ricky J and Barrett Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,050
Interest Rate
5.5%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 2001
Sold by
Hunt Theresa A
Bought by
Mcvay Lisa M and Cook Ryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,232
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2001
Sold by
Bayati Paymun
Bought by
Hunt Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,232
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2001
Sold by
Danek Carol J
Bought by
Bayati Paymun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,232
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1999
Sold by
Kaigler Joan M and Kaigler Eric M
Bought by
Kaigler Eric M and Kaigler Joan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Burroughs Jason R -- None Listed On Document
Burroughs Rikka M -- First American Title
Knoll Rikka Marie -- None Available
Burroughs Jason -- Superior Title & Escrow Pam
Va $117,000 None Available
Wells Fargo Bank Na $117,213 None Available
Barrett Ricky J $132,500 --
Mcvay Lisa M $125,000 --
Hunt Theresa -- --
Bayati Paymun $121,500 --
Kaigler Eric M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burroughs Jason R $58,846
Previous Owner Burroughs Rikka M $106,000
Previous Owner Knoll Rikka Marie $144,800
Previous Owner Burroughs Jason $148,325
Previous Owner Barrett Ricky J $141,050
Previous Owner Mcvay Lisa M $117,232
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 $3,630 $211,800 $47,700 $164,100
2024 $3,970 $185,300 $40,700 $144,600
2023 $3,970 $185,300 $40,700 $144,600
2022 $397,000 $173,700 $37,100 $136,600
2021 $3,692 $166,800 $37,100 $129,700
2020 $3,606 $153,600 $31,800 $121,800
2019 $3,296 $142,500 $31,800 $110,700
2018 $3,150 $150,400 $31,800 $118,600
2017 $3,150 $143,600 $31,800 $111,800
2016 $3,213 $143,600 $31,800 $111,800
2015 $3,043 $135,887 $21,210 $114,677
2014 $2,848 $135,887 $21,210 $114,677
2013 $2,748 $135,887 $21,210 $114,677
Source: Public Records

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