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6306 Michael Drive Northeast

6306 Michael Drive Northeast, Cedar Rapids, IA 52411
Property in Linn
Sold Feb 26, 2018
$456,500
$391,000 by Bankers Trust Company Na
Mortgage Due Mar 01, 2048
Local assessors in Cedar Rapids, IA have categorized 6306 Michael Drive Northeast as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 15,682 square feet. The linear feet between the front and back of the lot was measured at 1,210 ft and the front of the lot was measured at 760 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6306 Michael Drive Northeast has a total of 2,112 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 2,112 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6306 Michael Drive Northeast was last sold in Feb 23, 2018 for $456,500. According to our calculations, that's $216.15 per sqft. Current property owners are expected to pay $11,426 in taxes per year. The property on 6306 Michael Drive Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $623,100. To break that down further, the land itself was valued at $99,800. While improvements to the property were assessed at a total of $523,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Fair
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Full basement
  • Basement Area: 2,112
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,112
  • Building Area: 2,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,112
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADDITION
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEXFORD HEIGHTS 1ST LOT 32

Ownership

  • Current Owner : LUEDEMAN ERIC
  • Current Owner 2: LEA VERNEDIA
  • Previous Owner : FIRST CONSTRUCTION COMPANY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cedar Rapids Community School District
  • School Tax School District: CEDAR RAPIDS
  • Census Tract: 000205

Geography

  • Parcel: 12-36-2-77-011-0-0000
  • Lot: 32
  • Meridian: SEC 36 TWN 84N RNG 8W
  • Municipality: CEDAR RAPIDS
  • Latitude: 42.0468
  • Longitude: -91.7301

    Address

  • Full Address: 6306 Michael Dr Ne
  • Address - House Number: 6306
  • Street Segment Direction: NE
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Cedar Rapids
  • Carrier Code: R017
  • 4-Digit Zip Code: 7981
  • Zip Code: 52411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,426
  • Tax Rate Code Area: CEDAR RAPI

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 562,877
  • High Value: 671,620
  • Low Value: 454,134

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $421,000
  • First Open Lien Mortgage Lender: BANKERS TRUST COMPANY NA
  • First Open Lien Mortgage Recording Date: Feb 26, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $391,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048
  • Second Open Lien Mortgage Lender: BANKERS TRUST COMPANY NA
  • Second Open Lien Mortgage Recording Date: Sep 06, 2019
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Sep 11, 2029

    Market Valuation

  • Market Total Value: $623,100
  • Market Land Value: $99,800
  • Market Improvement Value: $523,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $623,100
  • Assessed Land Value: $99,800
  • Assessed Improvements Value: $523,300

    Sales

  • Current Sale Contract Date: Feb 23, 2018
  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Transaction ID: 11419137066
  • Current Sale Price: $456,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANKERS TRUST COMPANY NA
  • First Mortgage Transaction Date: Feb 26, 2018
  • First Mortgage Loan Amount: $391,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Linn



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Frequently Asked Questions

What neighborhood is 6306 Michael Drive Northeast located in?
The 6306 Michael Drive Northeast is a located in the neighborhood of Linn in Linn, Cedar Rapids.
What is the average sales price for listings in 6306 Michael Drive Northeast?
The average sales price for units in 6306 Michael Drive Northeast is $0 currently.

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