NOT LISTED FOR SALE

7216 Summerland Ridge Rd NE Cedar Rapids, IA 52402

Estimated Value: $314,688 - $350,000

3 Beds
5 Baths
2,047 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 7216 Summerland Ridge Rd NE, Cedar Rapids, IA 52402 and is currently estimated at $334,422, approximately $163 per square foot. 7216 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
Mar 9, 2021
Sold by
Allen Denise L
Bought by
Allen Denise L and The Denise Allen Revocable Tru
Current Estimated Value
$334,422

Purchase Details

Closed on
Oct 9, 2005
Sold by
Gayer Scott A and Gayer Heather L
Bought by
Allen Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$72,577
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$261,845

Purchase Details

Closed on
Nov 24, 2000
Sold by
Gayer Scott A and Gayer Heather L
Bought by
Fassbinder Gerald P and Fassbinder Barbara K

Purchase Details

Closed on
Feb 11, 2000
Sold by
Jerrys Homes Inc
Bought by
Gayer Scott A and Gayer Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,900
Interest Rate
8.27%
Mortgage Type
VA
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
Allen Denise L -- None Available
Allen Denise L $187,500 --
Fassbinder Gerald P -- --
Gayer Scott A $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Denise L $135,000
Previous Owner Gayer Scott A $182,900
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 $5,038 $286,000 $51,900 $234,100
2024 $5,194 $276,400 $51,900 $224,500
2023 $5,194 $267,600 $45,800 $221,800
2022 $4,910 $236,100 $41,200 $194,900
2021 $4,958 $230,700 $38,100 $192,600
2020 $4,958 $219,800 $35,100 $184,700
2019 $4,690 $216,700 $32,000 $184,700
2018 $4,486 $210,400 $32,000 $178,400
2017 $4,572 $208,000 $32,000 $176,000
2016 $4,453 $199,100 $32,000 $167,100
2015 $4,415 $197,161 $24,400 $172,761
2014 $4,220 $197,161 $24,400 $172,761
2013 $4,500 $197,161 $24,400 $172,761
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52402

7216 Summerland Ridge Rd NE, Cedar Rapids, IA

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