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7520 Summerset Ave; Cedar Rapids, IA Property Details

7520 Summerset Ave, Cedar Rapids, IA is a Condominium that was built in 2018. This property is currently Financed and is not for sale. Our records show that 7520 Summerset Ave has 3 bedrooms, and 3 bathrooms, and a total of 1,765 square feet. The lot size of 7520 Summerset Ave is 10,595 square feet.

Off market
7520 Summerset Ave NE Cedar Rapids, IA 52402
$276,000 Listing Price
3 Beds
3 Baths
1,765 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $276,000
  • Open Loans / Balance: 2 / $255,239
  • Est. Equity / %: $39,761 / 13.48%
  • Gross Yield: 9.856%
  • APN: 11274-57005-01000
  • Situs County: Linn
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,765/SqFt
  • Lot: 10,595/SqFt
  • Gross: 2,641/SqFt
  • Living: 1,765/SqFt
  • Basement: 1,255/SqFt
  • Building: 2,510/SqFt
  • Ground: 1,255/SqFt
  • Basement Finished: 510/SqFt
  • Basement Unfinished: 745/SqFt
  • Price Per Square Foot: $156.37

Legal Description

  • Description: CRESCENT VIEW 4TH CONDO BLDG #30 UNIT 7520 (SUMMERSET AVE NE)
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Linn-Mar Community School District
  • Lat / Lon: 42.053307 / -91.64375
  • Subdivision: Crescent View 4th Condo
  • Property Class: Residential
  • County Use Code: 113

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2347
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $180
  • H O A Amount: $180
  • H O A One Frequency: Monthly
  • H O A One Name: Crescent View 4th Condo
  • H O A One Type: Condo  Owner Association

Ownership Info

7520 Summerset Ave NE has no associated ownership info
7520 Summerset Ave NE has no associated ownership info.

Taxes

7520 Summerset Ave NE has 10 associated Taxes items

7520 Summerset Ave, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $275,100. The APN we've located for 7520 Summerset Ave is 11274-57005-01000.

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Taxes
  • Assessed Value:  $275,100
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  11274-57005-01000
  • Assessed Land Value:  35500
  • Market Land Value:  35500
  • Tax Amount:  5032
  • Tax Year:  2024
  • Market Value:  275100
  • Market Year:  2025

Tax History

7520 Summerset Ave NE has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $275,100 Land Value $35,500 Improvement Value $239,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $267,300 Land Value $35,500 Improvement Value $231,800 Tax Amount $5,032 Change Rate -0.019868% Assessed CR Tax Rate +0.018825%
Year 2023 Assessed Value $267,300 Land Value $35,500 Improvement Value $231,800 Tax Amount $5,134 Change Rate -0.99% Assessed CR Tax Rate +0.019207%
Year 2022 Assessed Value $224,600 Land Value $30,000 Improvement Value $194,600 Tax Amount $513,400 Change Rate +110.90061% Assessed CR Tax Rate +2.285841%
Year 2021 Assessed Value $216,200 Land Value $30,000 Improvement Value $186,200 Tax Amount $4,588 Change Rate +0.021826% Assessed CR Tax Rate +0.021221%
Year 2020 Assessed Value $199,800 Land Value $26,000 Improvement Value $173,800 Tax Amount $4,490 Change Rate +0.057964% Assessed CR Tax Rate +0.022472%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $4,244 Change Rate +6.144781% Assessed CR Tax Rate
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $594 Change Rate +5.1875% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $96 Change Rate Assessed CR Tax Rate