NOT LISTED FOR SALE

7503 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $280,000 - $304,000

3 Beds
3 Baths
1,761 Sq Ft
$105/mo HOA Fee

Last Sold May 24, 2018

Last sale price $201,500 $114 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,062/month

49 Days on Market

Highlights

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

About This Home

As of May 2018

This Hampton floor plan condo shows like a model home and is readily available for the new buyer. Lightly lived in condo with numerous upgrades. Recently purchased Plantation shutters have been added
and door shutter is currently on order. Stainless steel appliances include a refrigerator, dishwasher and new upgraded gas range. New shower door added in master bathroom. Vaulted ceilings, dining room and a great room fireplace add to the condo’s ambience. High quality woodwork and trim throughout. A Passive radon system has been installed. All TV mountings are installed in master bedroom and great room. Convenient laundry room, three season’s enclosed porch, and lower level finished bedroom, full bathroom and family room. Two car attached garage. Located in the Crescent View NE condo development convenient to I-380 and surrounding areas. Condo Association start-up fee is $175.00.

Last Agent to Sell the Property

Carole Benson

RUHL & RUHL REALTORS® Listed on: 03/22/2018

RUHL & RUHL REALTORS®

Last Buyer's Agent

Peggy Kreutner

Teri Graf Real Estate Team

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,946

Year Built

  • 2017

HOA Fees

  • $105 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • 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

  • 3 Bedrooms | 2 Main Level Bedrooms

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

$4,946

Year Built

2017

Lot Details

0

HOA Fees

$105 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: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • List User Cell Phone: 319-981-5758
  • Low Lvl Fin Sq Ft: 510
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00750
  • Ratio Close Price By Original Li: 0.95952
  • Ratio Current Price By Sq Ft: 161.07
  • Total Sq Ft: 1761
  • 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: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 105
  • 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
Mar 22, 2018
Closed on
May 23, 2018
Sold by
Kruse Kathryn A
Bought by
Geisler Ronald G and Geisler Michalle L
Seller's Agent
Carole Benson
RUHL & RUHL REALTORS®
Buyer's Agent
Peggy Kreutner
Teri Graf Real Estate Team
List Price
$210,000
Sold Price
$201,500
Premium/Discount to List
-$8,500
-4.05%
Current Estimated Value
$292,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,150
Avg. Annual Appreciation
5.22%
Source: Public Records

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
Geisler Ronald G -- None Listed On Document
Geisler Ronald G $201,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $201,500 +0.8% $114 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $200,000 -2.4% $114 / Sq Ft
03/29/2018 03/29/18 Price Changed $205,000 -2.4% $116 / Sq Ft
03/22/2018 03/22/18 For Sale $210,000 +0.7% $119 / Sq Ft
12/29/2017 12/29/17 Sold $208,540 0.0% $118 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
12/01/2017 12/01/17 Price Changed $208,540 0.0% $118 / Sq Ft
12/01/2017 12/01/17 For Sale $208,540 +17.2% $118 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $178,000 -- $101 / 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 $4,946 $280,400 $35,500 $244,900
2024 $4,990 $269,900 $35,500 $234,400
2023 $4,990 $269,900 $35,500 $234,400
2022 $4,644 $227,200 $30,000 $197,200
2021 $4,630 $218,700 $30,000 $188,700
2020 $4,630 $205,800 $26,000 $179,800
2019 $3,680 $0 $0 $0
2018 $96 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Carole Benson

    Ruhl & Ruhl

    Section Image
  • Peggy Kreutner

    Buyer's Agent in 2018

    Peggy Kreutner

    Teri Graf Real Estate Team

    (319) 721-7054

    34 Total Sales

    Peggy Kreutner
    Section Image

  • S

    Seller's Agent in 2017

    Sheila King

    SKOGMAN REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1801860

Cedar Rapids Area Association of REALTORS®

APN: 11274-53027-01000

Iowa Linn County Cedar Rapids 52402

7503 Summerset Ave NE, Cedar Rapids, IA

This home is located at 7503 Summerset Ave NE, Cedar Rapids, IA 52402 since 22 March 2018 and is currently estimated at $292,650, approximately $166 per square foot. This property was built in 2017. 7503 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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