NOT LISTED FOR SALE

7500 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $245,000 - $279,000

2 Beds
2 Baths
1,251 Sq Ft
$85/mo HOA Fee

Last Sold January 19, 2018

Last sale price $195,830 $157 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,887/month

29 Days on Market

Highlights

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

About This Home

As of January 2018

This side by side Hampton floor plan, located in the Crescent View development on the NE side of Cedar Rapids, has plenty to offer. This unit includes vaulted ceilings, main level laundry, a beautiful dining room and much more. The home 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 and 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. There is a $120 association start-up fee.

Last Listed By

Sheila King

SKOGMAN REALTY Listed on: 08/23/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,322

Year Built

  • 2017

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Home to be built
  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,251 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 Construction

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,322

Year Built

2017

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1251
  • 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
  • List User Cell Phone: 319-213-0779
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • New Construction: To Be Built
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.10017
  • Ratio Close Price By Original Li: 1.10017
  • Ratio Current Price By Sq Ft: 156.54
  • R Value Ceiling: 46.0000
  • R Value Sidewalls: 19.0000
  • Total Sq Ft: 1251
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • 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

  • 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 Construction

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jan 19, 2018
Sold by
Abode Construction Inc
Bought by
Hendrix Andrew
Seller's Agent
Sheila King
SKOGMAN REALTY
Buyer's Agent
Sharon Clore
IOWA REALTY
List Price
$178,000
Sold Price
$195,830
Premium/Discount to List
$17,830
10.02%
Total Days on Market
29
Current Estimated Value
$258,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,905
Avg. Annual Appreciation
3.87%

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
Hendrix Andrew $196,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $195,830 +10.0% $157 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $178,000 -- $142 / 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 $4,322 $235,900 $35,500 $200,400
2022 $4,026 $198,000 $30,000 $168,000
2021 $4,006 $190,800 $30,000 $160,800
2020 $4,006 $179,200 $26,000 $153,200
2019 $3,640 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sheila King

    Seller's Agent in 2018

    Sheila King

    SKOGMAN REALTY

    (319) 213-0779

    Section Image

  • S

    Buyer's Agent in 2018

    Sharon Clore

    IOWA REALTY

    21 Total Sales

    Sharon Clore
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1708008

Cedar Rapids Area Association of REALTORS®

APN: 11274-57008-01001

Iowa Linn County Cedar Rapids 52402

7500 Summerset Ave NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 7500 Summerset Ave NE, Cedar Rapids, IA 52402 since 23 August 2017 and is currently estimated at $258,735, approximately $206 per square foot. This property was built in 2017. 7500 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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