NOT LISTED FOR SALE

7224 Summerland Ridge Rd NE Cedar Rapids, IA 52402

Estimated Value: $352,000 - $367,000

5 Beds
3.5 Baths
3,256 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $327,000 $100 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,472/month

14 Days on Market

Highlights

  • Recreation Room
  • Great Room with Fireplace
  • Formal Dining Room
  • Westfield Elementary School Rated A
  • Den
  • 5-minute walk to Fox Trail Park

About This Home

As of October 2022

2-story in great NE location with tons of space! Located off 74th Street close to major employers, restaurants, shopping and Linn Mar schools! Step into the foyer with den perfect for work from home on your left and the formal living room on your right. Laminate flooring that looks like oak continues throughout the main level. The kitchen features oak cabinets, laminate countertops, stainless steel appliances, breakfast bar, and pantry. Formal and daily dining spaces, with sliders to the back patio off the daily dining area. The great room features a cozy gas fireplace with brick surround and built-ins, plus neutral carpet and paint. Convenient main level laundry room and half bath. Upstairs, you’ll find the huge primary suite with double closets and en-suite bath with dual vanity and large 6’ shower with dual shower heads. New carpet throughout the primary suite, hallway and stairs. 3 additional nice-sized bedrooms and second full bathroom with tub/shower combo complete the upstairs. You’ll love the recently remodeled lower level complete with spacious rec room with new flooring and carpet, dry bar, and built-in cabinets. A 5th bedroom, 3rd full bathroom, and bonus room complete the lower level. Enjoy the fully-fenced-in backyard with patio, garden, shed, and basketball court. Back fencing to be replaced the 3rd week of September. 2 car attached garage.

Last Listed By

Debra Callahan

RE/MAX CONCEPTS Listed on: 09/06/2022

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,743

Year Built

  • 1998

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,743

Year Built

1998

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1800
  • Above Grade Finished Sq Ft: 2410
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 5743
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 846
  • Miscellaneous: Fencing, Patio, Storage Shed
  • Net Tax: 5544
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 135.68
  • Total Sq Ft: 3256
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Living Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Gas, Great Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 7,799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 12, 2022
Sold by
Bettmann David J and Bettmann Robin K
Bought by
Alonso Daniel and Alonso Jenae
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Dakota Beyer
Pinnacle Realty LLC
List Price
$327,000
Sold Price
$327,000
Total Days on Market
14
Views
52
Current Estimated Value
$358,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,237
Avg. Annual Appreciation
3.36%
Original Mortgage
$310,650
Outstanding Balance
$300,045
Interest Rate
5.66%
Mortgage Type
Balloon
Estimated Equity
$56,263

Purchase Details

Closed on
Jan 10, 2006
Sold by
Dawson Harold W and Dawson Sherry A
Bought by
Bettmann David and Bettmann Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 1999
Sold by
Jerrys Homes Inc
Bought by
Dawson Harold W and Dawson Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.59%

Range of Values:

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Average Value
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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
Alonso Daniel $327,000 --
Bettmann David $218,500 None Available
Dawson Harold W $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alonso Daniel $310,650
Previous Owner Bettmann David $220,000
Previous Owner Bettmann David $157,822
Previous Owner Bettmann David $10,000
Previous Owner Bettmann David $164,206
Previous Owner Bettmann David $169,000
Previous Owner Dawson Harold W $84,100
Previous Owner Dawson Harold W $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $327,000 0.0% $100 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $327,000 -- $100 / 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 $5,726 $299,200 $48,800 $250,400
2022 $5,418 $259,400 $43,900 $215,500
2021 $5,484 $253,700 $40,600 $213,100
2020 $5,484 $242,200 $37,400 $204,800
2019 $5,190 $231,900 $34,100 $197,800
2018 $4,964 $231,900 $34,100 $197,800
2017 $4,814 $218,600 $34,100 $184,500
2016 $4,661 $208,400 $34,100 $174,300
2015 $4,897 $218,700 $26,000 $192,700
2014 $4,702 $218,700 $26,000 $192,700
2013 $4,542 $218,700 $26,000 $192,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2208296

Cedar Rapids Area Association of REALTORS®

APN: 11342-26003-00000