NOT LISTED FOR SALE

7519 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $266,000 - $273,000

2 Beds
2 Baths
1,389 Sq Ft
$150/mo HOA Fee

Last Sold December 30, 2022

Last sale price $220,000 $158 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,983/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Forced Air Cooling System
  • Westfield Elementary School Rated A
  • Great Room
  • Breakfast Bar

About This Home

As of December 2022

If you are looking for your tucked back cozy condo, look no further! This open floor plan welcomes you with beautiful vaulted ceilings and a main floor master suite! This condo is completed with a breakfast bar & a kitchen/ dinning room combination! If enjoying your coffee next to your electric fireplace isn't enough you have a beautiful front patio thats perfect for enjoy the outdoors features! Come check it out before its too late!

Last Agent to Sell the Property

Spencer Beebe

SKOGMAN REALTY Listed on: 11/11/2022

SKOGMAN REALTY

Last Buyer's Agent

Rachael Ray

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,576

Year Built

  • 2018

HOA Fees

  • $150 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,389 Sq Ft Home
  • Vaulted Ceiling
  • Electric Fireplace
  • Family Room with Fireplace
  • Great Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

Overview

  • Built by Abode Construction Inc

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,576

Year Built

2018

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1389
  • Association Fee Frequency: Month
  • Association Management: By Association, 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: 4576
  • List User Cell Phone: 319-720-2120
  • Miscellaneous: Patio, Vaulted Ceiling
  • Net Tax: 4378
  • 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: 1.00000
  • Ratio Current Price By Sq Ft: 158.39
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 20.0000
  • Total Sq Ft: 1389
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2018

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Electric, Family Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 421

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded
  • Association Fee: 150
  • 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 Inc

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 29, 2022
Sold by
Kapelanski Steven
Bought by
Pins Stephanie S
Seller's Agent
Spencer Beebe
SKOGMAN REALTY
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$220,000
Sold Price
$220,000
Views
74
Current Estimated Value
$267,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,756
Avg. Annual Appreciation
7.46%
Original Mortgage
$154,000
Outstanding Balance
$149,141
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$118,615

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 28, 2022
Sold by
Williams Melissa Marie and Williams Mark D
Bought by
Kapelanski Ashton
Seller's Agent
Spencer Beebe
SKOGMAN REALTY
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$220,000
Sold Price
$220,000
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$149,141
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$118,615

Purchase Details

Closed on
Aug 10, 2020
Sold by
Abode Construction Inc
Bought by
Kapelanski Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,136
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Pins Stephanie S $220,000 --
Kapelanski Ashton -- --
Kapelanski Steven $196,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pins Stephanie S $154,000
Previous Owner Kapelanski Steven $157,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $220,000 0.0% $158 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $220,000 -- $158 / 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 $5,022 $266,400 $35,500 $230,900
2024 $4,702 $258,900 $35,500 $223,400
2023 $4,702 $256,300 $35,500 $220,800
2022 $4,378 $214,600 $30,000 $184,600
2021 $3,634 $206,700 $30,000 $176,700
2020 $3,634 $154,800 $26,000 $128,800
2019 $56 $0 $0 $0
2018 $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: 2209767

Cedar Rapids Area Association of REALTORS®

APN: 11274-53024-01001