NOT LISTED FOR SALE

8401 Reforma Ct Cedar Rapids, IA 52404

Estimated Value: $317,000 - $354,000

2 Beds
2 Baths
1,373 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $226,000 $165 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,101/month

14 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • 2 Car Attached Garage
  • Prairie Ridge Elementary School Rated A-
  • Cul-De-Sac
  • Forced Air Cooling System

About This Home

As of April 2018

Enjoy the fantastic water front view from this incredible close in acreage, timber, country side, abundance of wildlife, private stocked pond, two wood burning fireplace on spacious patio, All newly replaced quality appliances and support equipment, High quality porcelain and solid Hickory flooring, Brazilian and Maple counter tops with stainless farmers sink, large fenced area, Unique designed ranch style home, large storage shed, cozy gas fireplace in great room, abundance of newer windows to enjoy the pond and wildlife, 3 season porch, quiet retreat conveniently located to I-380 and shopping, Perfect Lifestyle Choice.

Last Agent to Sell the Property

Dawn Bowman

IOWA REALTY Listed on: 01/31/2018

Co-Listed By

Steve Bowman

IOWA REALTY

Last Buyer's Agent

Ainsley Snyder

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,871

Year Built

  • 1977

Lot Details

  • 1.14 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Fenced

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Masonry
  • Stucco

Interior Spaces

  • 1,373 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,871

Year Built

1977

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Style: Ranch
  • Acres: 1.1400
  • Above Grade Finished Sq Ft: 1373
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 2871
  • List User Cell Phone: 319-389-0639
  • Miscellaneous: Fencing, Patio, Storage Shed
  • Net Tax: 2736
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92928
  • Ratio Close Price By Original Li: 0.86947
  • Ratio Current Price By Sq Ft: 164.60
  • Total Sq Ft: 1373
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, 3 Seasons
  • Basement: Crawl
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, Water Front

Exterior Features

  • Construction Methods: Masonry
  • Exterior: Stucco

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 240
  • Association: Yes

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: 1.14 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Dewitt Elijah W and Kay Kelsey
Bought by
Correll Cahle M and Correll Anna
Total Days on Market
14
Current Estimated Value
$330,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$229,702
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$92,205

Purchase Details

Listed on
Jan 31, 2018
Closed on
Apr 2, 2018
Sold by
Block Scott M and Block Rita M
Bought by
Dewitt Elijah W and Smith Kelsey K
Seller's Agent
Dawn Bowman
IOWA REALTY
Buyer's Agent
Ainsley Snyder
Keller Williams Legacy Group
List Price
$259,927
Sold Price
$226,000
Premium/Discount to List
-$33,927
-13.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$219,220
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2008
Sold by
Lewis Donald A and Lewis Jean L
Bought by
Block Scott M and Block Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.94%
Mortgage Type
VA

Purchase Details

Closed on
Dec 4, 1997
Sold by
Lewis Donald A and Lewis Jean L
Bought by
Lewis Donald A and Lewis Jean L
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
Correll Cahle M $295,000 None Listed On Document
Dewitt Elijah W $226,000 None Available
Dewitt Elijah W $237,500 None Available
Block Scott M $184,500 None Available
Lewis Donald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correll Cahle M $17,500
Open Correll Cahle M $240,000
Previous Owner Dewitt Elijah W $216,000
Previous Owner Dewitt Elijah W $219,220
Previous Owner Dewitt Elijah W $219,220
Previous Owner Block Rita M $193,050
Previous Owner Block Rita M $184,450
Previous Owner Block Scott M $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2018 04/04/18 Sold $226,000 -7.1% $165 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/08/2018 02/08/18 Price Changed $243,200 -2.2% $177 / Sq Ft
02/05/2018 02/05/18 Price Changed $248,700 -4.3% $181 / Sq Ft
01/31/2018 01/31/18 For Sale $259,927 -- $189 / 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 $3,338 $277,300 $66,300 $211,000
2022 $3,292 $229,300 $66,300 $163,000
2021 $3,110 $229,300 $66,300 $163,000
2020 $3,110 $201,100 $50,700 $150,400
2019 $2,774 $183,700 $50,700 $133,000
2018 $2,640 $183,700 $50,700 $133,000
2017 $2,574 $173,500 $50,700 $122,800
2016 $2,578 $173,500 $50,700 $122,800
2015 $2,355 $159,500 $50,700 $108,800
2014 $2,224 $159,500 $50,700 $108,800
2013 $2,086 $159,500 $50,700 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1800652

Cedar Rapids Area Association of REALTORS®

APN: 19243-26007-00000