NOT LISTED FOR SALE

7507 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $242,354 - $268,000

2 Beds
2 Baths
1,386 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 7507 Summerset Ave NE, Cedar Rapids, IA 52402 and is currently estimated at $259,339, approximately $187 per square foot. 7507 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Abode Construction Inc
Bought by
Chapman Pelley Melissa
Current Estimated Value
$259,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,093
Outstanding Balance
$161,468
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$97,871
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Chapman Pelley Melissa $202,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Pelley Melissa $182,093
Source: Public Records

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 $4,216 $245,100 $35,500 $209,600
2024 $4,520 $225,600 $35,500 $190,100
2023 $4,520 $225,600 $35,500 $190,100
2022 $4,208 $206,600 $30,000 $176,600
2021 $3,634 $199,000 $30,000 $169,000
2020 $3,634 $154,800 $26,000 $128,800
2019 $2,934 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52402

7507 Summerset Ave NE, Cedar Rapids, IA

This home is located at 7507 Summerset Ave NE, Cedar Rapids, IA 52402 and is currently estimated at $259,339, approximately $187 per square foot. 7507 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.

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