NOT LISTED FOR SALE

7416 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $274,808 - $296,000

3 Beds
2 Baths
1,554 Sq Ft
$125/mo HOA Fee

Last Sold June 30, 2021

Last sale price $245,300 $158 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,128/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Den
  • Westfield Elementary School Rated A
  • Great Room with Fireplace
  • Eat-In Kitchen

About This Home

As of June 2021

Perfect is nearly impossible to find but this may be as close as you will get! Lightly lived in and near new condition gives you the opportunity to move right in and do nothing. One of the largest ranch floors plan by Abode with 3 main floor bedrooms, (current owners removed closet in 3rd bedroom and use it as a den, closet could easily be re-installed), huge eat-in kitchen with a breakfast bar and a large living room area with a gas fireplace and vaulted ceilings. There is an awesome front porch that will likely become one of your favorite places to read or enjoy a cup of coffee or a cocktail. The lower level is currently unfinished but does offer plenty of opportunity to add lots of additional living area plus an additional bath. This condo shows exceptional and would be well worth taking the time to look!

Last Listed By

Daniel Baty

COLDWELL BANKER HEDGES Listed on: 04/29/2021

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,476

Year Built

  • 2017

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,554 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

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

Community Details

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,476

Year Built

2017

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1554
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 4476
  • List User Cell Phone: 319-360-0178
  • Miscellaneous: Cable Ready, Vaulted Ceiling
  • Net Tax: 4274
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02251
  • Ratio Close Price By Original Li: 1.02251
  • Ratio Current Price By Sq Ft: 157.85
  • Total Sq Ft: 1554
  • 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, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great 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
  • 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

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 29, 2021
Sold by
Bowden William and Bowden Carol
Bought by
Bjorn Joseph and Bjorn Julia Driscoll
Seller's Agent
Daniel Baty
COLDWELL BANKER HEDGES
Buyer's Agent
Amy Starr
Keller Williams Legacy Group
List Price
$239,900
Sold Price
$245,300
Premium/Discount to List
$5,400
2.25%
Total Days on Market
4
Current Estimated Value
$286,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,402

Purchase Details

Listed on
Jul 27, 2017
Closed on
Nov 13, 2017
Sold by
Abode Construction Inc
Bought by
William & Carol Bowden Trust
Seller's Agent
Sheila King
SKOGMAN REALTY
Buyer's Agent
Daniel Baty
COLDWELL BANKER HEDGES
List Price
$205,000
Sold Price
$222,172
Premium/Discount to List
$17,172
8.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$64,172
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Bjorn Joseph $245,500 None Available
William & Carol Bowden Trust $222,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjorn Joseph $40,000
Previous Owner William & Carol Bowden Trust $64,172
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $245,300 +2.3% $158 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $239,900 +8.0% $154 / Sq Ft
11/20/2017 11/20/17 Sold $222,172 +8.4% $145 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $205,000 -- $133 / 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 $4,872 $263,200 $35,500 $227,700
2022 $4,534 $222,000 $30,000 $192,000
2021 $4,520 $213,800 $30,000 $183,800
2020 $4,520 $201,100 $26,000 $175,100
2019 $4,100 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Baty

    Seller's Agent in 2021

    Daniel Baty

    COLDWELL BANKER HEDGES

    (319) 360-0178

    136 Total Sales

    Daniel Baty
    Section Image
  • Amy Starr

    Buyer's Agent in 2021

    Amy Starr

    Keller Williams Legacy Group

    (319) 431-5363

    83 Total Sales

    Amy Starr
    Section Image
  • Sheila King

    Seller's Agent in 2017

    Sheila King

    SKOGMAN REALTY

    (319) 213-0779

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102702

Cedar Rapids Area Association of REALTORS®

APN: 11274-57009-01001

Iowa Linn County Cedar Rapids 52402

7416 Summerset Ave NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 7416 Summerset Ave NE, Cedar Rapids, IA 52402 since 29 April 2021 and is currently estimated at $286,702, approximately $184 per square foot. This property was built in 2017. 7416 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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