$189,417
SOLD FEB 2, 2018

7502 Summerset Ave NE Cedar Rapids, IA 52402

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

Recently Sold

$151 Per Sq Ft

6% Above List Price

100 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 July 2024

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 builder has made selections from a high quality group of products. The decor is neutral and beautiful. Appliances are available in black or white. This building has a passive radon system installed. There is a $120 association start-up fee.

Last Agent to Sell the Property

Sheila King

SKOGMAN REALTY Listed on: 08/23/2017

Last Buyer's Agent

Jesse Grade

SKOGMAN REALTY CORRIDOR

SKOGMAN REALTY CORRIDOR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,376

Year Built

  • 2017

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • 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

$4,376

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
  • Gross Tax: 98
  • List User Cell Phone: 319-213-0779
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • Net Tax: 98
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.06000
  • Ratio Close Price By Original Li: 1.06414
  • Ratio Current Price By Sq Ft: 151.41
  • 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
Jun 19, 2024
Closed on
Jul 9, 2024
Sold by
Pasker Frederick A and Pasker Debra J
Bought by
Walters Jennifer
Seller's Agent
Heather Aswegan
Keller Williams Legacy Group
Buyer's Agent
Heather Aswegan
Keller Williams Legacy Group
List Price
$294,900
Sold Price
$301,000
Premium/Discount to List
$6,100
2.07%
Views
133
Current Estimated Value
$284,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,411
Avg. Annual Appreciation
-4.53%

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jan 30, 2018
Sold by
Abode Construction Inc
Bought by
Pasker Frederick A and Pasker Debra J
Seller's Agent
Sheila King
SKOGMAN REALTY
Buyer's Agent
Jesse Grade
SKOGMAN REALTY CORRIDOR
List Price
$178,000
Sold Price
$189,417
Premium/Discount to List
$11,417
6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$151,533
Interest Rate
4.25%
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 Type Sale Price Title Company
Warranty Deed $301,000 None Listed On Document
Warranty Deed $189,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,533 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $301,000 +2.1% $133 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $294,900 +55.7% $131 / Sq Ft
02/02/2018 02/02/18 Sold $189,417 +6.0% $151 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
11/22/2017 11/22/17 Price Changed $178,696 +0.4% $143 / Sq Ft
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
2025 $4,376 $286,100 $35,500 $250,600
2024 $4,376 $240,800 $35,500 $205,300
2023 $4,420 $240,800 $35,500 $205,300
2022 $4,116 $202,300 $30,000 $172,300
2021 $4,098 $194,900 $30,000 $164,900
2020 $4,098 $183,100 $26,000 $157,100
2019 $3,722 $0 $0 $0
2018 $3,722 $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: 1708009

Cedar Rapids Area Association of REALTORS®

APN: 11274-57008-01000