NOT LISTED FOR SALE

7415 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $274,000 - $299,000

2 Beds
2 Baths
1,490 Sq Ft
$125/mo HOA Fee

Last Sold October 20, 2020

Last sale price $242,000 $162 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,107/month

2 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Westfield Elementary School Rated A
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of October 2020

Welcome home! Walking into this gorgeous condo you are greeted with beautiful Hickory hardwood flooring throughout the living and kitchen/ dining combo, vaulted ceilings, floor to ceiling stone fireplace, and tons of upgrades! This home has the modern farmhouse feel with upgraded painted cabinets, lighting fixtures, stainless steel appliances and a large kitchen island.  Cool neutral colors throughout goes with any decor.  There are 2 bedrooms and 2 full baths, the master bedroom is a nice size with 2 walk-in closets and a on-suite. The laundry room is centrally located, off the kitchen there is an access door to the deck and backyard.  The basement has endless possibilities to finish it how you desire. Energy star appliances, 2 car attached garage, passive radon system, move in ready, and great location. Set up your showing today, this will go fast!

Last Agent to Sell the Property

Penny Novak

SKOGMAN REALTY Listed on: 09/14/2020

SKOGMAN REALTY

Co-Listed By

Jaime Burczek

SKOGMAN REALTY

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,549

Year Built

  • 2017

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,490 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Built by Abode

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,549

Year Built

2017

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1490
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 4549
  • List User Cell Phone: 319-981-3484
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 4374
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99507
  • Ratio Close Price By Original Li: 0.99507
  • Ratio Current Price By Sq Ft: 162.42
  • Total Sq Ft: 1490
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125
  • Association: Yes

Schools

  • Elementary School: Westfield
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: common

Building Info

  • Builder Name: Abode

Rental Info

  • Pets: # Of Pets Allowed, Assoc Approval Required, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 20, 2020
Sold by
Cech Kourtney M
Bought by
Fitzpatrick Jennifer A
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$243,200
Sold Price
$242,000
Premium/Discount to List
-$1,200
-0.49%
Current Estimated Value
$289,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,247
Avg. Annual Appreciation
3.77%
Original Mortgage
$140,000
Outstanding Balance
$9,932
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$280,522

Purchase Details

Listed on
Jul 23, 2019
Closed on
Jul 29, 2019
Sold by
Calef Zachary K and Calef Molly M
Bought by
Cech Kourtney M
Seller's Agent
Jenna Burt-Top Tier Home Team
Keller Williams Legacy Group
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$239,900
Sold Price
$232,000
Premium/Discount to List
-$7,900
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%

Purchase Details

Listed on
Jun 15, 2017
Closed on
Dec 14, 2017
Sold by
Abode Construction Inc
Bought by
Calef Zachary K and Calef Molly M
Seller's Agent
Sheila King
SKOGMAN REALTY
Buyer's Agent
Sheila King
SKOGMAN REALTY
List Price
$185,000
Sold Price
$209,698
Premium/Discount to List
$24,698
13.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$167,623
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Fitzpatrick Jennifer A $242,000 None Available
Cech Kourtney M $232,000 None Available
Calef Zachary K $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick Jennifer A $140,000
Closed Fitzpatrick Jennifer A $193,600
Previous Owner Calef Zachary K $167,623
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $242,000 -0.5% $162 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $243,200 +4.8% $163 / Sq Ft
08/01/2019 08/01/19 Sold $232,000 0.0% $156 / Sq Ft
08/01/2019 08/01/19 Sold $232,000 -3.3% $156 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $239,900 0.0% $161 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $239,900 +14.4% $161 / Sq Ft
12/15/2017 12/15/17 Sold $209,698 +13.4% $145 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $185,000 -- $128 / 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
2024 $5,458 $268,600 $35,500 $233,100
2023 $5,458 $268,600 $35,500 $233,100
2022 $4,468 $247,700 $30,000 $217,700
2021 $4,656 $210,800 $30,000 $180,800
2020 $4,656 $198,300 $26,000 $172,300
2019 $4,224 $191,600 $26,000 $165,600
2018 $138 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006496

Cedar Rapids Area Association of REALTORS®

APN: 11274-53029-01000