NOT LISTED FOR SALE

7616 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $274,960 - $303,000

3 Beds
3 Baths
1,746 Sq Ft
$125/mo HOA Fee

Last Sold December 09, 2020

Last sale price $239,999 $137 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,156/month

5 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Forced Air Cooling System
  • Westfield Elementary School Rated A
  • 2 Car Attached Garage
  • Patio

About This Home

As of December 2020

Welcome home! This stunning condo has an open floor plan with a covered porch! Walking in through garage laundry is centrally located right off kitchen. This opens up to a beautifully decorated living and kitchen/ dining combo space that includes stainless steel appliances, a beautiful backsplash and breakfast bar area that overlooks the gas fireplace in the living room. Let’s not forget the amazing finished basement that adds another bedroom that gets amazing light with a full bathroom and bar area. Upgrades can be seen throughout the condo in the basement finishes, counter tops, extra shelving and amazing storage space throughout. Set up your showings today, this will go fast!

Last Listed By

Krystal Gordan

SKOGMAN REALTY Listed on: 10/22/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,074

Year Built

  • 2018

HOA Fees

  • $125 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener is Owned

Community Details

Overview

  • Built by Abode

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,074

Year Built

2018

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1255
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 4074
  • List User Cell Phone: 319-859-4970
  • Low Lvl Fin Sq Ft: 491
  • Miscellaneous: Patio
  • Net Tax: 3872
  • 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: 191.23
  • Total Sq Ft: 1746
  • Water Sewer Roads: City Sewer, City Water
  • 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, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • 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 Amenities: Lawncaresnowremovalincluded
  • Association Fee: 125
  • Association: Yes

Schools

  • Elementary School: Westfield
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Abode

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 8, 2020
Sold by
Dudley Matthew G and Dudley Megan K
Bought by
Quintana Milton A and Quintana Deanne Kohl
Seller's Agent
Krystal Gordan
SKOGMAN REALTY
Buyer's Agent
Lori Born
SKOGMAN REALTY
List Price
$239,999
Sold Price
$239,999
Total Days on Market
5
Current Estimated Value
$288,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,491
Avg. Annual Appreciation
4.22%
Original Mortgage
$179,999
Outstanding Balance
$162,351
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$126,139

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jul 23, 2018
Sold by
Abode Construction Inc
Bought by
Dudley Matthew G and Dudley Megan K
Seller's Agent
Sheila King
SKOGMAN REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$182,500
Sold Price
$190,162
Premium/Discount to List
$7,662
4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$171,146
Interest Rate
4.6%
Mortgage Type
New Conventional

Range of Values:

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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
Quintana Milton A $240,000 None Available
Dudley Matthew G $190,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintana Milton A $179,999
Previous Owner Dudley Matthew G $171,146
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $239,999 0.0% $137 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $239,999 +26.2% $137 / Sq Ft
07/27/2018 07/27/18 Sold $190,162 +4.2% $152 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $182,500 -- $146 / 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 $5,090 $264,800 $35,500 $229,300
2022 $4,746 $222,700 $30,000 $192,700
2021 $4,430 $214,400 $30,000 $184,400
2020 $4,430 $197,300 $26,000 $171,300
2019 $60 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Krystal Gordan

    SKOGMAN REALTY

  • L

    Buyer's Agent in 2020

    Lori Born

    SKOGMAN REALTY

    (319) 270-4632

    16 Total Sales

    Lori Born
    Section Image
  • Sheila King

    Seller's Agent in 2018

    Sheila King

    SKOGMAN REALTY

    (319) 213-0779

    Section Image

  • G

    Buyer's Agent in 2018

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2007370

Cedar Rapids Area Association of REALTORS®

APN: 11274-57001-01001

Iowa Linn County Cedar Rapids 52402

7616 Summerset Ave NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 7616 Summerset Ave NE, Cedar Rapids, IA 52402 since 22 October 2020 and is currently estimated at $288,490, approximately $165 per square foot. This property was built in 2018. 7616 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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