NOT LISTED FOR SALE

8300 Required Rd Cedar Rapids, IA 52411

Estimated Value: $489,000 - $559,000

4 Beds
3.5 Baths
3,803 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 04, 2013

Last sale price $292,000 $77 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,324/month

38 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Ranch Style House
  • John F. Kennedy High School Rated A-
  • Vaulted Ceiling
  • 4 Car Garage

About This Home

As of December 2013

This quality-built ranch home sits on a 1 acre lot located just outside of town in the Deer Valley area off Blairs Ferry Road NE, but feels a world away. With 4 bedrooms, 3.5 baths, an oversized 2-car attached garage, a 3-car detached garage, a main floor laundry room, an open floor plan, 3-seasons sun room, a mother-in-law suite complete with kitchenette in the lower level, and over 3,800 square feet of finished living space, this home has a lot to offer. New water heater. Newer carpet. Septic inspection done. County taxes. Acreages of this kind are in rare supply, especially with access to shopping, restaurants, schools, and recreation opportunities being in such close proximity. Don't miss your chance to claim this retreat-like county property!

Last Listed By

Cory Rath

KW Advantage Listed on: 09/24/2013

KW Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,454

Year Built

  • 2000

Lot Details

  • 1

Home Design

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

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Community Well
  • Gas Water Heater
  • Water Softener Leased
  • Septic System
  • Satellite Dish

Additional Features

  • Deck
  • 1 Acre Lot

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,454

Year Built

2000

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.0000
  • Above Grade Finished Sq Ft: 2003
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 4454
  • List User Cell Phone: 319-329-2679
  • Low Lvl Fin Sq Ft: 1800
  • Miscellaneous: Deck, Home Warranty, Satellite Dish, Vaulted Ceiling
  • Net Tax: 4454
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97496
  • Ratio Close Price By Original Li: 0.97496
  • Ratio Current Price By Sq Ft: 145.78
  • Total Sq Ft: 3803
  • Tax Roll Number: 122337901000000
  • Water Sewer Roads: Community Well, Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 1st Floor Laundry, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

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

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached, Detached

Utilities

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

Schools

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

Lot Info

  • Lot Size: 1.0 ACRES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
Jill R Miller
Bought by
Schmitt Michael and Joanne Jessica
Total Days on Market
38
Current Estimated Value
$520,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,220
Outstanding Balance
$183,551
Interest Rate
3.9%
Estimated Equity
$336,710

Purchase Details

Listed on
Sep 24, 2013
Closed on
Nov 21, 2013
Sold by
Goodsman Keith R and Goodsman Debra S
Bought by
Schmitt Michael J and Carter Jessica J
Seller's Agent
Cory Rath
KW Advantage
Buyer's Agent
Judith Sloane
SKOGMAN REALTY
List Price
$299,500
Sold Price
$292,000
Premium/Discount to List
-$7,500
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$233,600
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2008
Sold by
Nott Ronald H and Nott Suellen
Bought by
Goodsman Keith R and Goodsman Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2001
Sold by
Henry Thomas E and Henry Vicki K
Bought by
Nott Ronald H and Nott Suellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,800
Interest Rate
7.03%

Purchase Details

Closed on
Feb 22, 2000
Sold by
Loan Darrell A and Loan Darrell
Bought by
Henry Thomas E and Henry Vicki K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.39%
Mortgage Type
Construction

Range of Values:

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Average Value
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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
Schmitt Michael -- --
Schmitt Michael J $292,000 None Available
Goodsman Keith R $277,500 None Available
Nott Ronald H $221,500 --
Henry Thomas E $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Michael $216,220
Closed Schmitt Michael --
Closed Schmitt Michael Joseph $216,220
Previous Owner Schmitt Michael J $46,492
Previous Owner Schmitt Michael J $233,600
Previous Owner Goodsman Keith R $260,800
Previous Owner Goodsman Keith R $50,000
Previous Owner Goodsman Keith R $222,400
Previous Owner Nott Ronald H $199,800
Previous Owner Henry Thomas E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2013 12/04/13 Sold $292,000 -2.5% $77 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $299,500 -- $79 / 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 $4,940 $494,800 $65,000 $429,800
2022 $4,838 $358,400 $65,000 $293,400
2021 $5,062 $355,400 $65,000 $290,400
2020 $5,062 $343,700 $50,000 $293,700
2019 $4,652 $343,700 $50,000 $293,700
2018 $4,552 $323,100 $50,000 $273,100
2017 $4,635 $314,200 $50,000 $264,200
2016 $4,635 $314,200 $50,000 $264,200
2015 $4,589 $309,000 $50,000 $259,000
2014 $4,460 $309,000 $50,000 $259,000
2013 $4,318 $309,000 $50,000 $259,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1306624

Cedar Rapids Area Association of REALTORS®

APN: 12233-79010-00000