NOT LISTED FOR SALE

7708 Summerset Ave NE Cedar Rapids, IA 52402

Estimated Value: $329,205 - $363,000

3 Beds
2.5 Baths
1,992 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $315,000 $158 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,223/month

72 Days on Market

Highlights

  • New Construction
  • Den
  • Forced Air Cooling System
  • Westfield Elementary School Rated A
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of March 2024

Zero entry from the front door and garage, this Abode built custom 2-story plan offers a main floor with an open lay-out. The kitchen includes an island and breakfast bar, adjacent to the dining space and living room. Main floor also includes a den (which has a closet and could have a door added, to make it a bedroom), ½ bath, and a patio off the dining area. 2nd floor includes a primary suite with a double bowl vanity & walk-in closet; 2 additional bedrooms; laundry room; & another full bathroom. Home includes a passive radon system.

Last Agent to Sell the Property

Joy Seyfer

SKOGMAN REALTY Listed on: 12/02/2023

SKOGMAN REALTY

Last Buyer's Agent

Katelyn Nikolaev

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,846

Year Built

  • 2022

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 62 x 120

Home Design

  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Built by Abode Construction

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,846

Year Built

2022

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1720
  • Above Grade Finished Sq Ft: 1992
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 5846
  • List User Cell Phone: 319-213-0779
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 5846
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96923
  • Ratio Close Price By Original Li: 0.96923
  • Ratio Current Price By Sq Ft: 158.13
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 20.0000
  • Total Sq Ft: 1992
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Electric
  • Additional Room: 2nd Floor Laundry, Den/Study, Living Room
  • Basement: Pour, Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Size: 62 x 120

Building Info

  • Builder Name: Abode Construction

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Feb 27, 2024
Sold by
Abode Construction Inc
Bought by
Kosobucki Melody and Kosobucki Dianna Ristau
Seller's Agent
Joy Seyfer
SKOGMAN REALTY
Buyer's Agent
Katelyn Nikolaev
Pinnacle Realty LLC
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
50
Current Estimated Value
$341,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,801
Avg. Annual Appreciation
5.37%
Original Mortgage
$145,000
Outstanding Balance
$143,856
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$197,945
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
Kosobucki Melody $315,000 None Listed On Document
Kosobucki Melody $315,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosobucki Melody $145,000
Closed Kosobucki Melody $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $315,000 -3.1% $158 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
12/02/2023 12/02/23 For Sale $325,000 -- $163 / 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 $5,012 $310,500 $62,300 $248,200
2024 $996 $291,300 $49,900 $241,400
2023 $996 $255,800 $49,900 $205,900
2022 $74 $43,600 $43,600 $0
2021 $78 $3,300 $3,300 $0
2020 $78 $3,300 $3,300 $0
2019 $76 $3,300 $3,300 $0
2018 $74 $3,300 $3,300 $0
2017 $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: 2307709

Cedar Rapids Area Association of REALTORS®

APN: 11274-56001-00000