$209,698
SOLD DEC 15, 2017

7415 Summerset Ave NE Cedar Rapids, IA 52402

2 Beds
2 Baths
1,444 Sq Ft
$85/mo HOA Fee

Recently Sold

$145 Per Sq Ft

13% Above List Price

126 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Great Room
  • Westfield Elementary School Rated A
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of October 2020

New Abode Keystone floor plan in side-by-side duplex building. Open floor plan, vaulted ceilings. Kitchen has island with breakfast bar, access to back deck, and a window over the kitchen sink. Spacious master suite includes 2 closets, plus a bathroom with walk-in shower and dual sinks. 2nd bedroom, another full bath, & laundry complete the main floor. Lower level is stubbed for a full bath and can be finished to include bathroom, another bedroom, and family room, leaving plenty of unfinished storage space. Base price allows buyers to choose from a variety of quality finish options including: carpet, vinyl and tile flooring, cabinets in several door styles with multiple stain choices, lighting & door hardware available in 2 different finishes and multiple counter top choices. Appliances are available in black or white. This building has a passive radon system installed. $120 association start-up fee.

Last Agent to Sell the Property

Sheila King

SKOGMAN REALTY

Last Buyer's Agent

Sheila King

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $142

Year Built

  • 2017

HOA Fees

  • $85 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,444 Sq Ft Home
  • Vaulted Ceiling
  • Great Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

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

$142

Year Built

2017

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1444
  • Association Fee Frequency: Month
  • Association Management: By Developer, 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: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 142
  • List User Cell Phone: 319-213-0779
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • Net Tax: 142
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.13350
  • Ratio Close Price By Original Li: 1.13350
  • Ratio Current Price By Sq Ft: 145.22
  • R Value Ceiling: 46.0000
  • R Value Sidewalls: 19.0000
  • Total Sq Ft: 1444
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • 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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 85
  • 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

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
COLDWELL BANKER HEDGES CORRIDOR
List Price
$243,200
Sold Price
$242,000
Premium/Discount to List
-$1,200
-0.49%
Total Days on Market
126
Current Estimated Value
$286,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,398
Avg. Annual Appreciation
3.31%
Original Mortgage
$140,000
Outstanding Balance
$19,775
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$261,287

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
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

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $242,000 None Available
Warranty Deed $232,000 None Available
Warranty Deed $210,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Credit Line Revolving
Closed $193,600 New Conventional
Previous Owner $167,623 Adjustable Rate Mortgage/ARM
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

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 $5,458 $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

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706351

Cedar Rapids Area Association of REALTORS®

APN: 11274-53029-01000

Iowa Linn County Cedar Rapids 52402

7415 Summerset Ave NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 7415 Summerset Ave NE, Cedar Rapids, IA 52402 and is currently priced at $209,698, approximately $145 per square foot. This property was built in 2017. 7415 Summerset Ave NE is a home located in Linn County with nearby schools including Westfield Elementary School, Oak Ridge School, and Linn-Mar High School.

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