NOT LISTED FOR SALE

7520 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $283,000 - $308,000

3 Beds
3 Baths
1,765 Sq Ft
$150/mo HOA Fee

Last Sold July 08, 2022

Last sale price $276,000 $156 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,126/month

4 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Great Room with Fireplace
  • Westfield Elementary School Rated A
  • Ranch Style House
  • Screened Porch

About This Home

As of July 2022

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 home includes vaulted ceilings, main level laundry, a beautiful dining room and much more. More seller upgrades include gleaming hardwood floors, beautiful gas fireplace in the vaulted great room and solid surface bathroom vanity tops and the amazing screened porch just to mention a few. The woodwork and kitchen cabinetry are such a beautiful mix of modern yet still having traditional feel to appeal to all. This home has been gently lived in far exceeds what it would cost to duplicate it in the cost of new construction. If you are looking for a condo on the NE side this one will not disappoint with 3 bedrooms and 3 full baths. There is a spacious lower level family room, full bath and large storage space which is also rare sometimes with condo living. If you are looking for the simple life with great schools, neighborhood and close to anywhere you want to go in the city then you can stop looking because you are home.

Last Agent to Sell the Property

Brooke Zrudsky

Pinnacle Realty LLC Listed on: 05/03/2022

Pinnacle Realty LLC

Co-Listed By

Barry Frink

Pinnacle Realty LLC

Pinnacle Realty LLC

Last Buyer's Agent

Barry Frink

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,692

Year Built

  • 2017

HOA Fees

  • $150 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
  • Formal Dining Room
  • Recreation Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,692

Year Built

2017

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1255
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 4692
  • List User Cell Phone: 319-899-2565
  • Low Lvl Fin Sq Ft: 510
  • Miscellaneous: Cable Ready, Vaulted Ceiling
  • Net Tax: 4490
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98607
  • Ratio Close Price By Original Li: 0.98607
  • Ratio Current Price By Sq Ft: 219.92
  • Total Sq Ft: 1765
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room, Screen Porch
  • 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
  • Room Count: 7

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 426

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

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 31, 2022
Sold by
Vidhya Gopakumar and Vidhya Thushara
Bought by
Sivakumar Balaji
Seller's Agent
Brooke Zrudsky
Pinnacle Realty LLC
Buyer's Agent
Barry Frink
Pinnacle Realty LLC
List Price
$279,900
Sold Price
$276,000
Premium/Discount to List
-$3,900
-1.39%
Current Estimated Value
$294,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,942
Avg. Annual Appreciation
2.09%
Original Mortgage
$248,400
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2017
Closed on
May 21, 2018
Sold by
Abode Construction Inc
Bought by
Vidhya Gopakumar Sunilkumar and Vidhya Somashekaren Thushara
Seller's Agent
Sheila King
SKOGMAN REALTY
Buyer's Agent
Teresa Smalley
Realty87
List Price
$178,000
Sold Price
$215,232
Premium/Discount to List
$37,232
20.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$204,470
Interest Rate
4.4%
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
Sivakumar Balaji $276,000 None Listed On Document
Vidhya Gopakumar Sunilkumar $215,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sivakumar Balaji $248,400
Previous Owner Vidhya Gopakumar Sunilkumar $204,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $276,000 -1.4% $156 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $279,900 +30.0% $159 / Sq Ft
05/23/2018 05/23/18 Sold $215,232 +20.9% $172 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $178,000 -- $142 / 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 $5,032 $275,100 $35,500 $239,600
2024 $5,134 $267,300 $35,500 $231,800
2023 $5,134 $267,300 $35,500 $231,800
2022 $4,588 $224,600 $30,000 $194,600
2021 $4,490 $216,200 $30,000 $186,200
2020 $4,490 $199,800 $26,000 $173,800
2019 $594 $0 $0 $0
2018 $594 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brooke Zrudsky

    Seller's Agent in 2022

    Brooke Zrudsky

    Pinnacle Realty LLC

    (319) 899-2565

    198 Total Sales

    Brooke Zrudsky
    Section Image
  • Barry Frink

    Seller Co-Listing Agent in 2022

    Barry Frink

    Pinnacle Realty LLC

    (319) 651-9624

    219 Total Sales

    Barry Frink
    Section Image

  • S

    Seller's Agent in 2018

    Sheila King

    SKOGMAN REALTY

    Section Image

  • T

    Buyer's Agent in 2018

    Teresa Smalley

    Realty87

    (319) 270-2532

    21 Total Sales

    Teresa Smalley
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203926

Cedar Rapids Area Association of REALTORS®

APN: 11274-57005-01000

Iowa Linn County Cedar Rapids 52402

7520 Summerset Ave NE, Cedar Rapids, IA

This home is located at 7520 Summerset Ave NE, Cedar Rapids, IA 52402 since 03 May 2022 and is currently estimated at $294,942, approximately $167 per square foot. This property was built in 2017. 7520 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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