NOT LISTED FOR SALE

7312 Summerland Ridge Rd NE Cedar Rapids, IA 52402

Estimated Value: $344,000 - $360,000

5 Beds
3.5 Baths
3,027 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $237,500 $78 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,315/month

3 Days on Market

Highlights

  • Recreation Room
  • Hydromassage or Jetted Bathtub
  • 2 Car Attached Garage
  • Westfield Elementary School Rated A
  • Formal Dining Room
  • 4-minute walk to Fox Trail Park

About This Home

As of June 2017

This home is located at 7312 Summerland Ridge Rd NE, Cedar Rapids, IA 52402 since 19 May 2017 and is currently estimated at $354,825, approximately $117 per square foot. This property was built in 1999. 7312 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.

Last Agent to Sell the Property

Pushpa Aggarwal

IOWA REALTY Listed on: 05/19/2017

IOWA REALTY

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,767

Year Built

  • 1999

Lot Details

  • Lot Dimensions are 70 x 110
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1.75 Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,767

Year Built

1999

Lot Details

0

Listing Details

  • Style: 1.75 Story, 2 Stories
  • Above Grade Finished Sq Ft: 2315
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 4767
  • List User Cell Phone: 319-389-7994
  • Low Lvl Fin Sq Ft: 712
  • Miscellaneous: Cable Ready, Fencing, Home Warranty, Jetted Tub, Patio
  • Net Tax: 4572
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01107
  • Ratio Close Price By Original Li: 1.01107
  • Ratio Current Price By Sq Ft: 102.59
  • Total Sq Ft: 3027
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry, Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Gas
  • 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: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

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

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 14, 2017
Sold by
Rushton Eric and Rushton Mali
Bought by
Stepnek Stephen T and Sepanek Brittney L
Seller's Agent
Pushpa Aggarwal
IOWA REALTY
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$234,900
Sold Price
$237,500
Premium/Discount to List
$2,600
1.11%
Current Estimated Value
$354,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,325
Avg. Annual Appreciation
4.97%
Original Mortgage
$242,606
Outstanding Balance
$201,798
Interest Rate
4.02%
Mortgage Type
VA
Estimated Equity
$153,027

Purchase Details

Closed on
Jul 27, 2011
Sold by
Gorsich Thomas C and Gorsich Elizabeth A
Bought by
Rushton Eric and Rushton Mali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2001
Sold by
Jerrys Homes Inc
Bought by
Gorsich Thomas C and Gorsich Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
6.95%
Source: Public Records

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
Stepnek Stephen T $237,500 None Available
Rushton Eric $209,500 None Available
Gorsich Thomas C $202,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepnek Stephen T $242,606
Previous Owner Rushton Eric $168,000
Previous Owner Gorsich Thomas C $181,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $237,500 +1.1% $78 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $234,900 -- $78 / 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
2025 $5,286 $307,500 $57,700 $249,800
2024 $5,546 $298,500 $57,700 $240,800
2023 $5,546 $288,900 $50,900 $238,000
2022 $5,240 $254,900 $45,800 $209,100
2021 $5,276 $249,100 $42,400 $206,700
2020 $5,276 $236,600 $39,000 $197,600
2019 $4,988 $226,500 $35,600 $190,900
2018 $4,844 $226,500 $35,600 $190,900
2017 $4,767 $223,500 $35,600 $187,900
2016 $4,767 $213,100 $35,600 $177,500
2015 $4,731 $211,253 $27,160 $184,093
2014 $4,536 $211,253 $27,160 $184,093
2013 $4,380 $211,253 $27,160 $184,093
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Pushpa Aggarwal

    IOWA REALTY

    Section Image

  • S

    Buyer's Agent in 2017

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1705713

Cedar Rapids Area Association of REALTORS®

APN: 11342-26021-00000

Iowa Linn County Cedar Rapids 52402

7312 Summerland Ridge Rd NE, Cedar Rapids, IA

This home is located at 7312 Summerland Ridge Rd NE, Cedar Rapids, IA 52402 since 19 May 2017 and is currently estimated at $354,825, approximately $117 per square foot. This property was built in 1999. 7312 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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