$207,937
SOLD DEC 30, 2019

7599 Summerset Ave NE Cedar Rapids, IA 52402

2 Beds
2 Baths
1,386 Sq Ft
$105/mo HOA Fee

Recently Sold

$150 Per Sq Ft

13% Above List Price

708 Days on Market

Highlights

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

About This Home

As of June 2020

Zero-entry from garage. New Abode Aspen floor plan in side-by-side duplex building. Open floor plan, with vaulted ceilings. Kitchen/dining combo also includes breakfast bar. Master suite includes walk-in closet, plus a bathroom with walk-in shower, dual sinks, and linen closet. 2nd bedroom, another full bath, and laundry complete the main floor. Lower level is stubbed for a full bath and can be finished to include the bathroom, another bedroom, and family room, leaving plenty of unfinished storage space. The builder has made selections from a high quality group of products. The decor is neutral and beautiful. Appliances are available in stainless or white. This building has a passive radon system installed. There is a $175 association start-up fee.

Last Agent to Sell the Property

Sheila King

SKOGMAN REALTY

Last Buyer's Agent

Candy Wong

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,202

Year Built

  • 2018

HOA Fees

  • $105 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,386 Sq Ft Home
  • Vaulted Ceiling
  • Great Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

Overview

  • Built by Abode Construction

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,202

Year Built

2018

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1386
  • 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: 4202
  • List User Cell Phone: 319-213-0779
  • Miscellaneous: Cable Ready, Patio, Vaulted Ceiling
  • Net Tax: 4202
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.04494
  • Ratio Close Price By Original Li: 1.13317
  • Ratio Current Price By Sq Ft: 150.03
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 20.0000
  • 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, Garage Door Opener, Microwave, Range, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 105
  • 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

Rental Info

  • Pets: # Of 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
708
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

Map

Range of Values:

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Average Value
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List 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 Type Sale Price Title Company
Trustee Deed $200,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 Credit Line Revolving
Open $179,910 New Conventional
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

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

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1800181

Cedar Rapids Area Association of REALTORS®

APN: 11274-53023-01001