NOT LISTED FOR SALE

8407 Spanish Rd Cedar Rapids, IA 52404

Estimated Value: $469,000 - $624,000

4 Beds
3 Baths
3,144 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $493,500 $157 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,315/month

5 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Den
  • Prairie Ridge Elementary School Rated A-
  • Recreation Room
  • 3 Car Garage

About This Home

As of August 2021

If you've ever dreamt of living on an acreage at the top of a hill w stunning views in every direction, with an updated Spanish style home in a top rated school district and your own private pool -- Here's your opportunity to turn those dreams into reality. The oversized driveway makes for plenty of room for all your guest parking. As if the new roof, newer windows and curb appeal isn't enough, step inside. Fireplace on each floor, stunning engineered hickory HW floors through main level, custom hard maple cabinetry and granite counters. 3 bed, 2 bath on main, 1 bed and bath on lower and how about Entertainers Paradise outside. 760sf pool with diving board and slide, concrete patio surround perfect for lounging and fire pit area. No need to track inside during pool parties as a pool house is part of your 32x36 garage w kitchenette and bath/shower. All garages and pool house are heated. Offers due Sunday !

Last Agent to Sell the Property

Chad Gloede

RE/MAX CONCEPTS Listed on: 07/07/2021

RE/MAX CONCEPTS

Co-Listed By

Noah Gloede

RE/MAX CONCEPTS

Last Buyer's Agent

Jodi Covington

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,779

Year Built

  • 1972

Lot Details

  • 1 Acre Lot

Home Design

  • Split Foyer
  • Frame Construction
  • Stucco

Interior Spaces

  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Garage
  • Tuck Under Parking
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

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

$4,779

Year Built

1972

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Acres: 1.0000
  • Above Grade Finished Sq Ft: 1572
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 4779
  • List User Cell Phone: 319-573-0697
  • Low Lvl Fin Sq Ft: 1572
  • Miscellaneous: Deck, In-Ground Pool, Patio, Security System
  • Net Tax: 4642
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.12159
  • Ratio Close Price By Original Li: 1.12159
  • Ratio Current Price By Sq Ft: 313.93
  • Total Sq Ft: 3144
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: Den/Study, Living Room, Rec Room
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stucco

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Detached, Drive Under, Heated Garage

Utilities

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

Lot Info

  • Lot Size: 1Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 19, 2021
Sold by
Oberreuter Jeremy N and Oberreuter Chelsey M
Bought by
Threatt Annette and Threatt Tyler
Seller's Agent
Chad Gloede
RE/MAX CONCEPTS
Buyer's Agent
Jodi Covington
Pinnacle Realty LLC
List Price
$440,000
Sold Price
$493,500
Premium/Discount to List
$53,500
12.16%
Current Estimated Value
$547,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,419
Avg. Annual Appreciation
2.53%
Original Mortgage
$444,150
Outstanding Balance
$403,261
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,658

Purchase Details

Closed on
Nov 10, 2009
Sold by
Ellis Frances A
Bought by
Oberreuter Jeremy N and Oberreuter Chelsey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Ellis Frances A and Estate Of George A Ellis
Bought by
Ellis Frances A
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
Threatt Annette $493,500 None Available
Oberreuter Jeremy N $214,500 None Available
Ellis Frances A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Threatt Annette $444,150
Previous Owner Oberreuter Jeremy N $204,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $493,500 +12.2% $157 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $440,000 -- $140 / 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 $5,286 $461,100 $65,000 $396,100
2024 $5,104 $440,600 $65,000 $375,600
2023 $5,104 $411,500 $65,000 $346,500
2022 $4,904 $337,200 $65,000 $272,200
2021 $4,742 $337,200 $65,000 $272,200
2020 $4,742 $305,900 $50,000 $255,900
2019 $4,406 $286,800 $50,000 $236,800
2018 $4,278 $286,800 $50,000 $236,800
2017 $3,918 $258,600 $50,000 $208,600
2016 $3,918 $258,600 $50,000 $208,600
2015 $3,613 $239,600 $50,000 $189,600
2014 $3,482 $239,600 $50,000 $189,600
2013 $3,268 $239,600 $50,000 $189,600
Source: Public Records

Agents Affiliated with this Home

  • Chad Gloede

    Seller's Agent in 2021

    Chad Gloede

    RE/MAX

    (319) 573-0697

    344 Total Sales

    Chad Gloede
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Noah Gloede

    RE/MAX

    (319) 450-5251

    154 Total Sales

    Noah Gloede
    Section Image
  • Jodi Covington

    Buyer's Agent in 2021

    Jodi Covington

    Pinnacle Realty LLC

    (319) 721-7536

    33 Total Sales

    Jodi Covington
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2104579

Cedar Rapids Area Association of REALTORS®

APN: 19243-26011-00000

Iowa Linn County Cedar Rapids 52404

8407 Spanish Rd, Cedar Rapids, IA

This home is located at 8407 Spanish Rd, Cedar Rapids, IA 52404 since 07 July 2021 and is currently estimated at $547,919, approximately $174 per square foot. This property was built in 1972. 8407 Spanish Rd is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary 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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