NOT LISTED FOR SALE

7321 Summerland Ridge Rd NE Cedar Rapids, IA 52402

Estimated Value: $325,789 - $359,000

4 Beds
2.5 Baths
2,300 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $200,000 $87 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,343/month

112 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Attached Garage
  • Patio
  • Westfield Elementary School Rated A
  • Forced Air Cooling System
  • 3-minute walk to Fox Trail Park

About This Home

As of April 2017

A CLEAN SLATE TO ADD YOUR SPECIAL TOUCH! NICE SIZE ROOMS. CONVENIENT LOCATION TO NEAR BY SHOPING AND ENTERTAINMENT.

Last Listed By

Susan Brooks

COLDWELL BANKER HEDGES Listed on: 11/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,744

Year Built

  • 2002

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 70 x 110

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,744

Year Built

2002

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 2300
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 4744
  • List User Cell Phone: 319-721-4448
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 4744
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95238
  • Ratio Close Price By Original Li: 0.90909
  • Ratio Current Price By Sq Ft: 86.96
  • Total Sq Ft: 2300
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Range, Water Heater – Gas
  • Additional Room: 1st Floor Family, 2nd Floor Laundry, Living 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
  • Garage Size: 442

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
Nov 13, 2016
Closed on
Apr 9, 2017
Sold by
Hoang Dao and Nguyen Canh
Bought by
Delecki Kevin
Seller's Agent
Susan Brooks
COLDWELL BANKER HEDGES
Buyer's Agent
Ollie Dent
RUHL & RUHL REALTORS®
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Total Days on Market
112
Current Estimated Value
$336,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,947
Avg. Annual Appreciation
6.64%
Original Mortgage
$160,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2012
Sold by
Sama Venkateswarlu and Sama Sreevani
Bought by
Hoang Dao and Nguyen Canh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 21, 2003
Sold by
Jerrys Homes Inc
Bought by
Sama Venkateswarlu and Sama Sreevani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,200
Interest Rate
6.13%

Range of Values:

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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
Delecki Kevin -- None Available
Hoang Dao $180,000 None Available
Sama Venkateswarlu $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delecki Kevin $30,000
Closed Delecki Kevin $30,000
Open Delecki Kevin $178,000
Closed Delecki Kevin $178,000
Closed Delecki Kevin $160,000
Previous Owner Hoang Dao $142,000
Previous Owner Sama Venkateswarlu $76,043
Previous Owner Sama Venkateswarlu $50,000
Previous Owner Sama Venkateswarlu $154,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $200,000 -9.1% $87 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
11/13/2016 11/13/16 For Sale $220,000 +22.2% $96 / Sq Ft
11/05/2012 11/05/12 Sold $180,000 -16.1% $78 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
04/28/2012 04/28/12 For Sale $214,500 -- $93 / 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 $5,596 $288,600 $50,900 $237,700
2022 $4,946 $253,700 $45,800 $207,900
2021 $4,980 $232,400 $42,400 $190,000
2020 $4,980 $220,700 $39,000 $181,700
2019 $4,708 $211,200 $35,600 $175,600
2018 $4,698 $211,200 $35,600 $175,600
2017 $4,526 $212,100 $35,600 $176,500
2016 $4,526 $202,300 $35,600 $166,700
2015 $4,860 $217,059 $27,160 $189,899
2014 $4,860 $217,059 $27,160 $189,899
2013 $4,700 $217,059 $27,160 $189,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1612498

Cedar Rapids Area Association of REALTORS®

APN: 11342-27005-00000