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6515 Tennessee Court Southwest

6515 Tennessee Court Southwest, Cedar Rapids, IA 52404
Sold Nov 30, 2021
$275,000
$270,019 by Open Mortgage Llc
Mortgage Due Dec 01, 2051
Sold Apr 06, 2021
$179,000
$196,000 by Hills Bank And Trust Co
Mortgage Due Mar 30, 2046
6515 Tennessee Court Southwest has been categorized by the local assessors in Cedar Rapids, IA as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6515 Tennessee Court Southwest has 1,428 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 476 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 9,583 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 26, 2021 for $275,000. That's $192.58 per sqft. Prior to that sales transaction, the property was also sold in Mar 29, 2021 for $179,000. 6515 Tennessee Court Southwest was last assessed in 2023. The total value of the property was assessed at $279,600. Specifically, the land the property is located on was valued at $55,800. While improvements on the property were assessed at a total of $223,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,472. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 476
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,428
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE PARK ESTATES
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLLEGE PARK ESTATES 4TH LOT 16

Ownership

  • Current Owner : SULIMAN AHMED
  • Current Owner 2: SULIMAN ADAM SIHAM
  • Previous Owner : B & Z PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: ELDER JASON R
  • Owner Before Previous Owner 2: ELDER KRISTINA RAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: College Community School District
  • School Tax School District: ALBURNETT
  • Census Tract: 003004

Geography

  • Parcel: 19-16-1-52-004-0-0000
  • Lot: 16
  • Meridian: SEC 16 TWN 82N RNG 7W
  • Municipality: CEDAR RAPIDS
  • Latitude: 41.9152
  • Longitude: -91.6627

    Address

  • Full Address: 6515 Tennessee Ct Sw
  • Address - House Number: 6515
  • Street Segment Direction: SW
  • Address - Street Name: Tennessee
  • Address - Suffix Type: Ct
  • State: IA
  • City Name: Cedar Rapids
  • Carrier Code: C079
  • 4-Digit Zip Code: 5435
  • Zip Code: 52404

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,472
  • Tax Rate Code Area: CEDAR RAPI

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 314,272
  • High Value: 366,166
  • Low Value: 262,377

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,019
  • First Open Lien Mortgage Lender: OPEN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $270,019
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $279,600
  • Market Land Value: $55,800
  • Market Improvement Value: $223,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,600
  • Assessed Land Value: $55,800
  • Assessed Improvements Value: $223,800

    Sales

  • Current Sale Contract Date: Nov 26, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11872385977
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 06, 2021
  • Previous Sale Contract Date: Mar 29, 2021
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPEN MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HILLS BANK AND TRUST CO
  • Previous Mortgage Transaction Date: Apr 06, 2021
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 298
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Mar 30, 2046

About Lincolnway Village



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Frequently Asked Questions

What neighborhood is 6515 Tennessee Court Southwest located in?
The 6515 Tennessee Court Southwest is a located in the neighborhood of Lincolnway Village in Lincolnway Village, Cedar Rapids.
What is the average sales price for listings in 6515 Tennessee Court Southwest?
The average sales price for units in 6515 Tennessee Court Southwest is $0 currently.

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