NOT LISTED FOR SALE

7431 Commune Ct Cedar Rapids, IA 52411

Estimated Value: $363,000 - $387,011

4 Beds
3 Baths
3,970 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $370,000 $93 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,418/month

15 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Whole House Fan
  • John F. Kennedy High School Rated A-
  • 1 Car Garage
  • Water Softener is Owned

About This Home

As of December 2024

This is a one-owner home and first time on the market since 1987. Custom designed and built. Terrific ranch with awesome floorplan and better than average closet and storage space. Main floor includes generously sized primary bedroom with FULL private bathroom, three other bedrooms plus two full bathrooms. Large eat-in kitchen with plenty of natural light PLUS formal dining room. Completing the main floor is the den, living room, laundry room plus separate well lit multi-purpose room that would be ideal as a home office, craft room, play room or other use. Huge lower level includes a pool table area, living room area, kitchen plus a work-bench room. The attached three-car garage is plenty wide for three standard size vehicles PLUS it's extra deep with a built-in workbench. And there's a separate hard-surface 1-car detached outbuilduing. WOW! Check this out today.

Last Listed By

Lena Gilbert

SKOGMAN REALTY Listed on: 10/28/2024

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 1987

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x2904

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Viola Gibson Elementary School
  • Harding Middle School
  • Kennedy High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Shared Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12261-76011-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,410

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 1.0
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Gas Water Heater, Range, Refrigerator, Water Softener Owned, Washer
  • Co List Office Phone: 319-366-6427
  • MLS Status: Closed
  • Directions: From Cedar Rapids: west on Blairs Ferry Road, then left on Commune Court. House is on the left.
  • Above Grade Finished Sq Ft: 2270.0
  • Architectural Style: Ranch
  • New Construction: No
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1700.0

Exterior Features

  • Construction Type: Frame, Wood Siding

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Detached, Garage, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Sewer: Septic Tank
  • Green Building Features: Handicap Access
  • Cooling: Central Air, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Community/Coop, Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Viola Gibson
  • High School: Kennedy
  • Middle Or Junior School: Harding

Lot Info

  • Lot Dimensions: 150x2904
  • ResoLotSizeUnits: Acres
  • Parcel Number: 12261-76011-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4410.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 28, 2024
Sold by
Peterson Victoria E
Bought by
Riester Thomas Lee and Riester Elizabeth Ann
Seller's Agent
Lena Gilbert
SKOGMAN REALTY
Buyer's Agent
Jim Zachar
COLDWELL BANKER HEDGES
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Total Days on Market
15
Views
45
Current Estimated Value
$373,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,253
Avg. Annual Appreciation
2.61%
Original Mortgage
$333,000
Outstanding Balance
$332,027
Interest Rate
6.14%
Mortgage Type
New Conventional
Estimated Equity
$41,226

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 23, 2024
Sold by
Peterson Darrel G
Bought by
Peterson Victoria E
Seller's Agent
Lena Gilbert
SKOGMAN REALTY
Buyer's Agent
Jim Zachar
COLDWELL BANKER HEDGES
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Outstanding Balance
$332,027
Interest Rate
6.14%
Mortgage Type
New Conventional
Estimated Equity
$41,226

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
Riester Thomas Lee $370,000 None Listed On Document
Riester Thomas Lee $370,000 None Listed On Document
Peterson Victoria E -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riester Thomas Lee $333,000
Closed Riester Thomas Lee $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $370,000 -3.9% $93 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $385,000 -- $97 / 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 $4,176 $386,900 $65,000 $321,900
2022 $4,126 $304,400 $65,000 $239,400
2021 $4,324 $304,400 $65,000 $239,400
2020 $4,324 $294,900 $50,000 $244,900
2019 $3,920 $273,600 $50,000 $223,600
2018 $3,834 $273,600 $50,000 $223,600
2017 $3,766 $257,700 $50,000 $207,700
2016 $3,803 $257,700 $50,000 $207,700
2015 $3,827 $257,700 $50,000 $207,700
2014 $3,698 $257,700 $50,000 $207,700
2013 $3,622 $257,700 $50,000 $207,700
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2406735

Cedar Rapids Area Association of REALTORS®

APN: 12261-76011-00000