NOT LISTED FOR SALE

7907 Required Rd Cedar Rapids, IA 52411

Estimated Value: $603,000 - $813,000

5 Beds
3 Baths
3,361 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $702,073 $209 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,217/month

Highlights

  • New Construction
  • Deck
  • Wooded Lot
  • John F. Kennedy High School Rated A-
  • Recreation Room
  • Ranch Style House

About This Home

As of June 2022

This home is located at 7907 Required Rd, Cedar Rapids, IA 52411 since 30 June 2022 and is currently estimated at $719,203, approximately $213 per square foot. This property was built in 2021. 7907 Required Rd is a home located in Linn County with nearby schools including Viola Gibson Elementary School, Harding Middle School, and John F. Kennedy High School.

Last Buyer's Agent

Heather Aswegan

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $226

Year Built

  • 2021

Lot Details

  • 1 Acre Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Screened Porch
  • Partial Basement
  • Home Security System
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 3 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$226

Year Built

2021

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.0000
  • Above Grade Finished Sq Ft: 1871
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 226
  • Low Lvl Fin Sq Ft: 1490
  • Miscellaneous: 3 Seasons, Deck, Security System
  • Net Tax: 226
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.04026
  • Ratio Close Price By Original Li: 1.04026
  • Ratio Current Price By Sq Ft: 375.24
  • Total Sq Ft: 3361
  • Transaction Type: Fsbo
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons, Great Room, Rec Room, Screen Porch
  • Basement: Partial, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg, Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars
  • Garage Size: 3 car

Utilities

  • Heating Cooling: Central Air, Zoned Heating/Cooling

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 1 Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jun 30, 2022
Sold by
Dream Builders Of Iowa Llc
Bought by
Ackerson Sheila Hazel
Buyer's Agent
Heather Aswegan
Keller Williams Legacy Group
List Price
$674,900
Sold Price
$702,073
Premium/Discount to List
$27,173
4.03%
Current Estimated Value
$719,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,130
Avg. Annual Appreciation
0.13%
Original Mortgage
$362,173
Outstanding Balance
$342,075
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$362,883

Purchase Details

Closed on
Dec 7, 2017
Sold by
Prestwick Llc
Bought by
Dream Builders Of Iowa Llc
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
Ackerson Sheila Hazel $702,500 None Listed On Document
Dream Builders Of Iowa Llc $86,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ackerson Sheila $30,000
Open Ackerson Sheila Hazel $362,173
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $702,073 +4.0% $209 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $674,900 -- $201 / 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 $2,936 $655,600 $65,000 $590,600
2022 $418 $207,700 $65,000 $142,700
2021 $418 $30,000 $30,000 $0
2020 $226 $15,000 $15,000 $0
2019 $222 $0 $0 $0
2018 $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: 2205837

Cedar Rapids Area Association of REALTORS®

APN: 12234-52003-00000