NOT LISTED FOR SALE

7599 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $250,380 - $280,000

2 Beds
2 Baths
1,386 Sq Ft
$125/mo HOA Fee

Last Sold June 26, 2020

Last sale price $199,900 $144 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,961/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • 2 Car Attached Garage
  • Westfield Elementary School Rated A
  • Great Room
  • Breakfast Bar

About This Home

As of June 2020

Almost new (lived in less than 5 months) and conveniently already upgraded, this Abode-built large 1386 sq. ft. condo has everything you want right now at a price below market. Luxury vinyl tile throughout main living areas, white cabinets and woodwork, nicer stainless steel appliances and cabinet crown molding make the vaulted great room, breakfast bar and large kitchen special..Also included (a $5000 package): the Maytag washer and dryer, Frigidaire Gallery side-by-side refrigerator/freezer as well as comfort height toilets, blinds, humidifier and storm door. And the condo has zero-entry from the garage for ease of entry. The lower level is ready for future expansion, too. A passive radon system has been installed. Come look, compare and know this one is not only nice, but a good value, too. Owner is licensed Realtor in the State of Iowa.

Last Listed By

Candy Wong

SKOGMAN REALTY Listed on: 05/12/2020

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,192

Year Built

  • 2018

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,386 Sq Ft Home
  • Vaulted Ceiling
  • Great 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 Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Utilities

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

Community Details

Overview

  • Handicap Modified Features In Community

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,192

Year Built

2018

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1386
  • Association Fee Frequency: Month
  • Association Management: By Developer, 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
  • Gross Tax: 4192
  • List User Cell Phone: 319-560-3259
  • Miscellaneous: Cable Ready, Handicapped Features, Vaulted Ceiling
  • Net Tax: 4192
  • 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: 144.23
  • Total Sq Ft: 1386
  • 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
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Handicap Features, Laundry In Unit, Lawncaresnowremovalincluded
  • Association Fee: 125
  • Association: Yes

Schools

  • Elementary School: West Branch
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 25, 2020
Sold by
Wong Candace F K
Bought by
Richardson Diane
Seller's Agent
Candy Wong
SKOGMAN REALTY
Buyer's Agent
Daniel Seda
COLDWELL BANKER HEDGES
List Price
$199,900
Sold Price
$199,900
Total Days on Market
3
Current Estimated Value
$260,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,945
Original Mortgage
$179,910
Outstanding Balance
$163,390
Interest Rate
3.1%
Mortgage Type
New Conventional

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
Richardson Diane $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Diane $25,000
Open Richardson Diane $179,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $199,900 0.0% $144 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $199,900 -3.9% $144 / Sq Ft
12/30/2019 12/30/19 Sold $207,937 +4.5% $150 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
08/14/2019 08/14/19 Price Changed $198,994 -2.5% $144 / Sq Ft
05/09/2019 05/09/19 Price Changed $203,994 +0.1% $147 / Sq Ft
04/05/2019 04/05/19 Price Changed $203,852 +1.2% $147 / Sq Ft
06/07/2018 06/07/18 Price Changed $201,500 +6.9% $145 / Sq Ft
03/28/2018 03/28/18 Price Changed $188,500 +2.7% $136 / Sq Ft
01/08/2018 01/08/18 For Sale $183,500 -- $132 / 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
2023 $4,590 $250,100 $35,500 $214,600
2022 $4,274 $209,700 $30,000 $179,700
2021 $4,378 $202,000 $30,000 $172,000
2020 $4,378 $186,500 $26,000 $160,500
2019 $60 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Candy Wong

    SKOGMAN REALTY

    (319) 560-3259

    48 Total Sales

    Candy Wong
    Section Image
  • Daniel Seda

    Buyer's Agent in 2020

    Daniel Seda

    COLDWELL BANKER HEDGES

    (319) 431-1010

    268 Total Sales

    Daniel Seda
    Section Image
  • Sheila King

    Seller's Agent in 2019

    Sheila King

    SKOGMAN REALTY

    (319) 213-0779

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2003427

Cedar Rapids Area Association of REALTORS®

APN: 11274-53023-01001

Iowa Linn County Cedar Rapids 52402

7599 Summerset Ave NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 7599 Summerset Ave NE, Cedar Rapids, IA 52402 since 12 May 2020 and is currently estimated at $260,845, approximately $188 per square foot. This property was built in 2018. 7599 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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