NOT LISTED FOR SALE

7413 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $280,000 - $302,000

3 Beds
3 Baths
2,814 Sq Ft
$160/mo HOA Fee

Last Sold December 01, 2023

Last sale price $282,000 $100 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,127/month

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Westfield Elementary School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of December 2023

Dual Commission to be 4%.

Last Agent to Sell the Property

Katelyn Nikolaev

Pinnacle Realty LLC Listed on: 09/29/2023

Pinnacle Realty LLC

Co-Listed By

Adam Green

Pinnacle Realty LLC

Last Buyer's Agent

Katelyn Nikolaev

Pinnacle Realty LLC Listed on: 09/29/2023

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,724

Year Built

  • 2017

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Community Details

  • Built by Abode

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,724

Year Built

2017

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1407
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt., Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4724
  • List User Cell Phone: 319-899-9076
  • Low Lvl Fin Sq Ft: 1407
  • Miscellaneous: Vaulted Ceiling
  • Net Tax: 4724
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98947
  • Ratio Close Price By Original Li: 0.98947
  • Ratio Current Price By Sq Ft: 200.43
  • Total Sq Ft: 2814
  • Taxable Value Tv: 112962.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Laundry, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 426

Utilities

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

Condo/Co-op/Association

  • Association Fee: 160
  • Association: Yes

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Abode

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Davidson Jay W and Davidson Teresa L
Bought by
Jay And Teresa Davidson Revocable Trust and Davidson
Current Estimated Value
$294,258

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 30, 2023
Sold by
Carter Kimberly J
Bought by
Davidson Jay and Davidson Teresa
Seller's Agent
Katelyn Nikolaev
Pinnacle Realty LLC
Buyer's Agent
Katelyn Nikolaev
Pinnacle Realty LLC
List Price
$285,000
Sold Price
$282,000
Premium/Discount to List
-$3,000
-1.05%
Views
427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%

Purchase Details

Listed on
May 28, 2022
Closed on
Jul 8, 2022
Sold by
Choate Benjamin K
Bought by
Carter Kimberly J
Seller's Agent
Gary Doerrfeld
Realty87
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$265,000
Sold Price
$268,000
Premium/Discount to List
$3,000
1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$26,800
Interest Rate
4.75%

Purchase Details

Listed on
Jun 15, 2017
Closed on
Dec 20, 2017
Sold by
Abode Construction Inc
Bought by
Choate Benjamin
Seller's Agent
Sheila King
SKOGMAN REALTY
Buyer's Agent
Gary Doerrfeld
Realty87
List Price
$182,000
Sold Price
$186,176
Premium/Discount to List
$4,176
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$167,558
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jay And Teresa Davidson Revocable Trust -- None Listed On Document
Jay And Teresa Davidson Revocable Trust -- None Listed On Document
Jay And Teresa Davidson Revocable Trust -- None Listed On Document
Davidson Jay $282,000 None Listed On Document
Carter Kimberly J $268,000 None Listed On Document
Choate Benjamin $186,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Kimberly J $26,800
Previous Owner Carter Kimberly J $26,800
Previous Owner Choate Benjamin $167,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Sold $282,000 -1.1% $100 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $285,000 +6.3% $101 / Sq Ft
07/22/2022 07/22/22 Sold $268,000 +3.1% $121 / Sq Ft View Prior Sale
06/10/2022 06/10/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $259,950 -1.9% $118 / Sq Ft
05/28/2022 05/28/22 For Sale $265,000 +42.3% $120 / Sq Ft
12/29/2017 12/29/17 Sold $186,176 +1.9% $134 / Sq Ft View Prior Sale
12/12/2017 12/12/17 Pending -- -- --
10/20/2017 10/20/17 Price Changed $182,710 +0.4% $132 / Sq Ft
06/15/2017 06/15/17 For Sale $182,000 -- $131 / 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 $5,024 $279,100 $35,500 $243,600
2024 $4,724 $256,400 $35,500 $220,900
2023 $4,724 $256,400 $35,500 $220,900
2022 $318 $206,700 $30,000 $176,700
2021 $4,396 $199,100 $30,000 $169,100
2020 $4,396 $187,200 $26,000 $161,200
2019 $4,002 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Katelyn Nikolaev

    Pinnacle Realty LLC

    (319) 899-9076

    136 Total Sales

    Katelyn Nikolaev
    Section Image
  • Adam Green

    Seller Co-Listing Agent in 2023

    Adam Green

    Pinnacle Realty LLC

    (319) 721-3103

    196 Total Sales

    Adam Green
    Section Image
  • Gary Doerrfeld

    Seller's Agent in 2022

    Gary Doerrfeld

    Realty87

    (319) 981-2983

    136 Total Sales

    Gary Doerrfeld
    Section Image

  • D

    Buyer's Agent in 2022

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    5,062 Total Sales

    Donald Fieldhouse
    Section Image

  • S

    Seller's Agent in 2017

    Sheila King

    SKOGMAN REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2306432

Cedar Rapids Area Association of REALTORS®

APN: 11274-53029-01001

Iowa Linn County Cedar Rapids 52402

7413 Summerset Ave NE, Cedar Rapids, IA

Not Listed for Sale

Condos

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