NOT LISTED FOR SALE

7308 W Park Rd NE Cedar Rapids, IA 52402

Estimated Value: $348,000 - $369,349

4 Beds
2.5 Baths
3,387 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $233,000 $69 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,479/month

10 Days on Market

Highlights

  • Recreation Room
  • Hydromassage or Jetted Bathtub
  • Formal Dining Room
  • Westfield Elementary School Rated A
  • Den
  • 3-minute walk to Fox Trail Park

About This Home

As of June 2016

Pride of ownership shows throughout this beautiful and bright home located in a desirable NE neighborhood in the Linn Mar school district. The main floor features an impressive 2 story foyer, a family room with gas fireplace and built-in shelves, an office, formal living room, formal dining room and a large, open kitchen with planning desk and island with breakfast bar. There are beautiful hardwood floors in the entry, hallway, the formal dining room and kitchen. Second floor features a huge master suite with sitting area, extra large walk-in closet and private bathroom with double sinks, jetted tub and shower stall. The finished lower level it’s the perfect place for the entire family to play and relax. Fenced-in backyard with large patio, play set and storage shed. With over 3,300 finished SqFt and an extensive list of updates and improvements, this home is ready for its new homeowners!

Last Listed By

Mirela Taylor

SKOGMAN REALTY Listed on: 05/03/2016

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,803

Year Built

  • 2001

Lot Details

  • Lot Dimensions are 70 x 110
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family 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

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,803

Year Built

2001

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 2488
  • 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: 4803
  • List User Cell Phone: 319-310-4422
  • Low Lvl Fin Sq Ft: 899
  • Miscellaneous: Cable Ready, Fencing, Jetted Tub, Patio, Storage Shed
  • Net Tax: 4608
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99149
  • Ratio Close Price By Original Li: 0.99149
  • Ratio Current Price By Sq Ft: 93.65
  • Total Sq Ft: 3387
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Living Room, Rec Room
  • Basement: Full
  • 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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, On Street Parking
  • Garage Size: 445

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: 70 X 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
May 27, 2016
Sold by
Cartus Financial Corporation
Bought by
Goemaat Benjamin J and Goemaat Taylor M
Seller's Agent
Mirela Taylor
SKOGMAN REALTY
Buyer's Agent
Matthew Waddell
SKOGMAN REALTY
List Price
$235,000
Sold Price
$233,000
Premium/Discount to List
-$2,000
-0.85%
Total Days on Market
10
Current Estimated Value
$360,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,087
Avg. Annual Appreciation
4.55%
Original Mortgage
$186,400
Outstanding Balance
$152,183
Interest Rate
3.54%
Estimated Equity
$194,581

Purchase Details

Listed on
May 3, 2016
Closed on
Apr 29, 2016
Sold by
Kratts Justin William and Kratts Leanne Marie
Bought by
Cartus Financial Corporation
Seller's Agent
Mirela Taylor
SKOGMAN REALTY
Buyer's Agent
Matthew Waddell
SKOGMAN REALTY
List Price
$235,000
Sold Price
$233,000
Premium/Discount to List
-$2,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Outstanding Balance
$152,183
Interest Rate
3.54%
Estimated Equity
$194,581

Purchase Details

Closed on
Apr 21, 2011
Sold by
Us Bank National Association
Bought by
Kratts Justin William and Kratts Leanne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Clarke Christian M
Bought by
Clarke Traci R

Purchase Details

Closed on
Mar 4, 2004
Sold by
Sirva Relocation Llc
Bought by
Clarke Christian M and Clarke Traci R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2002
Sold by
Jerrys Homes Inc
Bought by
Kuntz Jason S and Kuntz Sarah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,952
Interest Rate
6.12%

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
Goemaat Benjamin J -- None Available
Cartus Financial Corporation -- None Available
Kratts Justin William $180,000 Advantage Title Company
Kratts Justin William $180,000 Advantage Title Company
Clarke Traci R -- None Available
Clarke Christian M $224,500 --
Kuntz Jason S $219,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goemaat Benjamin $186,400
Previous Owner Kratts Justin William $158,000
Previous Owner Kratts Justin William $162,000
Previous Owner Clarke Traci R $226,000
Previous Owner Clarke Christian M $28,000
Previous Owner Clarke Christian M $224,900
Previous Owner Kuntz Jason S $208,952
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $233,000 -0.9% $69 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $235,000 -- $69 / 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 $5,798 $298,400 $50,900 $247,500
2022 $5,486 $262,600 $45,800 $216,800
2021 $5,518 $256,800 $42,400 $214,400
2020 $5,518 $243,600 $39,000 $204,600
2019 $5,222 $233,300 $35,600 $197,700
2018 $4,994 $233,300 $35,600 $197,700
2017 $4,994 $230,300 $35,600 $194,700
2016 $4,907 $219,400 $35,600 $183,800
2015 $4,712 $214,491 $27,160 $187,331
2014 $4,608 $206,676 $27,160 $179,516
2013 $4,282 $206,676 $27,160 $179,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1605030

Cedar Rapids Area Association of REALTORS®

APN: 11342-27008-00000