NOT LISTED FOR SALE

7507 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $242,574 - $272,000

2 Beds
2 Baths
1,386 Sq Ft
$184/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 $254,644, approximately $183 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
$254,644

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
$163,256
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$91,388

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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

Homes for Sale in Cedar Rapids, IA

This home is located at 7507 Summerset Ave NE, Cedar Rapids, IA 52402 and is currently estimated at $254,644, approximately $183 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.

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