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7027 Springwood Place Northwest

7027 Springwood Place Northwest, Cedar Rapids, IA 52405
Property in Linn
Sold Jul 10, 2015
$206,000
$127,000 by Bankiowa
Mortgage Due Aug 01, 2045
Sold Oct 20, 2003
$171,500
$137,256 by Ims Mortgage Co
Mortgage Due Nov 01, 2033
7027 Springwood Place Northwest in Cedar Rapids, IA was first built in 2003 and is 21 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7027 Springwood Place Northwest has 1,424 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,424 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 710. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as fair. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7027 Springwood Place Northwest sold most recently in Jul 8, 2015 for a total of $206,000. If you work out the math, that's approximately a cost of $144.66 per sqft. Before that, the property was also sold for $171,500 in Oct 15, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,950 in taxes each year. 7027 Springwood Place Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $279,200. If we break it down further, the land itself was valued at $58,600. Improvements to the property, however, were assessed at a total of $220,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Type: Full basement
  • Basement Area: 1,424
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 710
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,424
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEY POINT MEADOWS 3RD
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STONEY POINT MEADOWS 3RD LOT 75

Ownership

  • Current Owner : MCGOWAN LISA M
  • Previous Owner : BIRCHARD MARK L
  • Previous Owner 2: BIRCHARD SANDRA D
  • Owner Before Previous Owner: MIDWEST DEVELOPMENT CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cedar Rapids Community School District
  • School Tax School District: CEDAR RAPIDS
  • Census Tract: 010600

Geography

  • Parcel: 13-27-1-28-017-0-0000
  • Lot: 75
  • Meridian: SEC 27 TWN 83N RNG 8W
  • Municipality: CEDAR RAPIDS
  • Latitude: 41.9783
  • Longitude: -91.7627

    Address

  • Full Address: 7027 Springwood Pl Nw
  • Address - House Number: 7027
  • Street Segment Direction: NW
  • Address - Street Name: Springwood
  • Address - Suffix Type: Pl
  • State: IA
  • City Name: Cedar Rapids
  • Carrier Code: C034
  • 4-Digit Zip Code: 3183
  • Zip Code: 52405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,950
  • Tax Rate Code Area: CEDAR RAPI

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 309,368
  • High Value: 360,045
  • Low Value: 258,692

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,000
  • First Open Lien Mortgage Lender: BANKIOWA
  • First Open Lien Mortgage Recording Date: Jul 10, 2015
  • First Open Lien Mortgage Loan Amount: $127,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Market Valuation

  • Market Total Value: $279,200
  • Market Land Value: $58,600
  • Market Improvement Value: $220,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,200
  • Assessed Land Value: $58,600
  • Assessed Improvements Value: $220,600

    Sales

  • Current Sale Contract Date: Jul 08, 2015
  • Current Sale Recording Date: Jul 10, 2015
  • Current Sale Transaction ID: 1239573415
  • Current Sale Price: $206,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 20, 2003
  • Previous Sale Contract Date: Oct 15, 2003
  • Previous Sale Amount: $171,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANKIOWA
  • First Mortgage Transaction Date: Jul 10, 2015
  • First Mortgage Loan Amount: $127,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: IMS MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 20, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $137,256
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Cedar Rapids



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Frequently Asked Questions

What neighborhood is 7027 Springwood Place Northwest located in?
The 7027 Springwood Place Northwest is a located in the neighborhood of Linn in Cedar Rapids, Cedar Rapids.
What is the average sales price for listings in 7027 Springwood Place Northwest?
The average sales price for units in 7027 Springwood Place Northwest is $0 currently.

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