NOT LISTED FOR SALE

7409 Princeton Dr NE Cedar Rapids, IA 52402

Estimated Value: $394,000 - $416,533

4 Beds
3.5 Baths
3,114 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $363,000 $117 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,721/month

26 Days on Market

Highlights

  • Recreation Room with Fireplace
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Oak Ridge School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of December 2022

If you are looking for space this is the place! Beautiful four bedroom home with good size rooms everywhere, fresh paint on entire main level and hallway upstairs, updated light fixtures thru out home, redid backyard and took out what previous owner had to make more room for kids to play and is partially fenced in. Master bedroom has vaulted ceiling, there is Central Vac and irrigation system! Oh and you get a 3 seasons room that is not included in the square footage so even more space! You get not just one but TWO gas fireplaces and a very nice kitchen! This home has a lot to offer and is in a great neighborhood, don't miss out on this great home.

Last Agent to Sell the Property

Sandra Koshatka

Pinnacle Realty LLC Listed on: 11/01/2022

Pinnacle Realty LLC

Last Buyer's Agent

Jaime Hymer

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,936

Year Built

  • 1991

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 110x130
  • Fenced
  • Irrigation

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Whole House Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • 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
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,936

Year Built

1991

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.3280
  • Above Grade Finished Sq Ft: 2563
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 5936
  • List User Cell Phone: 319-350-4230
  • Low Lvl Fin Sq Ft: 551
  • Miscellaneous: 3 Seasons, Cable Ready, Fencing, Irrigation System, Patio, Security System, Vaulted Ceiling, Whole House Fan
  • Net Tax: 5738
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99452
  • Ratio Close Price By Original Li: 0.99452
  • Ratio Current Price By Sq Ft: 141.63
  • Total Sq Ft: 3114
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 3 Seasons, Family Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Family Room, Gas, Rec 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
  • Garage Size: 2 Att

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Bowman Woods
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: 110x130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 28, 2022
Sold by
Peak Matt and Peak Riley
Bought by
Preisser Dane A and Preisser Elizabeth A
Seller's Agent
Sandra Koshatka
Pinnacle Realty LLC
Buyer's Agent
Jaime Hymer
Pinnacle Realty LLC
List Price
$365,000
Sold Price
$363,000
Premium/Discount to List
-$2,000
-0.55%
Views
50
Current Estimated Value
$406,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,383
Avg. Annual Appreciation
4.21%
Original Mortgage
$357,000
Outstanding Balance
$345,736
Interest Rate
6.49%
Mortgage Type
Balloon
Estimated Equity
$60,647

Purchase Details

Closed on
Jun 30, 2021
Sold by
King John Michael and King Pencie C
Bought by
Peak Matt and Peak Riley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 11, 2020
Sold by
Swanson Jean P and Swanson Holly D
Bought by
King John Michael and King Pencie C
Seller's Agent
Tracy Engelbart
REAL ESTATE AMERICA, INC.
Buyer's Agent
Joni Long
Realty87
List Price
$273,000
Sold Price
$273,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$218,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2015
Sold by
Waterman Jennifer
Bought by
Swanson Jean P and Swanson Holly D

Purchase Details

Listed on
May 15, 2013
Closed on
Jul 22, 2013
Sold by
Preisser Debra A and Preisser Debra Ann
Bought by
Waterman Jennifer
Seller's Agent
John Dulle
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Jim Leonard
SKOGMAN REALTY
List Price
$229,950
Sold Price
$227,500
Premium/Discount to List
-$2,450
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$204,750
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Preisser Dane A $363,000 --
Peak Matt $330,000 None Available
Peak Matt Peak $330,000 None Listed On Document
King John Michael $273,000 None Available
Swanson Jean P $238,000 None Available
Waterman Jennifer $227,500 Security First Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preisser Dane A $357,000
Previous Owner Peak Matt Peak $25,000
Previous Owner King John Michael $218,400
Previous Owner Waterman Jennifer $204,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $363,000 -0.5% $117 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $365,000 +33.7% $117 / Sq Ft
03/16/2020 03/16/20 Sold $273,000 0.0% $88 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $273,000 +20.0% $88 / Sq Ft
07/22/2013 07/22/13 Sold $227,500 -1.1% $70 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $229,950 -- $71 / 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 $6,900 $370,800 $71,100 $299,700
2024 $6,686 $362,600 $71,100 $291,500
2023 $6,686 $362,600 $71,100 $291,500
2022 $5,738 $301,400 $64,700 $236,700
2021 $5,718 $268,100 $60,400 $207,700
2020 $5,718 $252,100 $49,600 $202,500
2019 $5,580 $240,200 $49,600 $190,600
2018 $5,342 $240,200 $49,600 $190,600
2017 $5,422 $236,600 $49,600 $187,000
2016 $5,152 $230,300 $49,600 $180,700
2015 $5,152 $234,079 $30,184 $203,895
2014 $5,242 $234,079 $30,184 $203,895
2013 $5,068 $234,079 $30,184 $203,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209540

Cedar Rapids Area Association of REALTORS®

APN: 11263-53001-00000