$208,540
SOLD DEC 29, 2017

7503 Summerset Ave NE Cedar Rapids, IA 52402

3 Beds
3 Baths
1,761 Sq Ft
$85/mo HOA Fee

Recently Sold

$118 Per Sq Ft

135 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Great Room with Fireplace
  • Westfield Elementary School Rated A
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of May 2018

Immediate availability! 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. Selections have been made from a high quality group of products. Finishes are neutral and beautiful. Lower level is finished with a bedroom, full bathroom, and family room. Stainless steel appliances, fireplace in the great room, and more! Passive radon system installed. There is a $120 association start-up fee.

Last Agent to Sell the Property

Sheila King

SKOGMAN REALTY Listed on: 07/24/2017

Last Buyer's Agent

Carole Benson

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,946

Year Built

  • 2017

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • 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 Construction

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

$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: 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
  • Gross Tax: 98
  • List User Cell Phone: 319-213-0779
  • Low Lvl Fin Sq Ft: 510
  • 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: 1.00000
  • Ratio Close Price By Original Li: 1.17157
  • Ratio Current Price By Sq Ft: 166.70
  • R Value Ceiling: 46.0000
  • R Value Sidewalls: 19.0000
  • 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

  • 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
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1707267

Cedar Rapids Area Association of REALTORS®

APN: 11274-53027-01000