1688 Timberlake Run Cedar Rapids, IA 52403
Estimated payment $1,113/month
About This Home
Welcome to Timberlake Estates a community of approximately 80 acres of common park like grounds, several ponds stocked for fishing, allowing kayaking, and swimming. Live amongst nature with this natural setting offers walkability with trails and campground opportunity. Lot 6 Timberlake First Addition is 1.26 acres, 7 Timberlake First Addition is 1.04 acres. This serene home site offers a gentle roll and is ready for building. Please see attached covenants allowing 2 to 4 additional detached garage stalls with developer site plan and material approval. One level square footage requirement of 2,200 + and an over one level covenant of 2,800 square feet. Developer plan, material, and landscape approval. 50' front setback with a 15' side setback. TPGOA, Timberlake Property Group Owner Association HOA fee of $150/ month. One time well hook up fee of $225, a monthly fee of $43 once the property is occupied. Private septic system. Easily accessible to both the Cedar Rapids and Iowa City metro communities and Highway access, minutes to the highly rated Mt. Vernon school district and community center. You may Select your builder. Welcome Home. Offer subject to and contingent upon the owners of lot 7 acquiring lot 6 with clear title. Also subject to the HOA approval for combining lot 6 and 7 into one building lot. The development monument on lot 6 to remain with HOA maintenance and care. Parcels 152742700100000 and 152742700200000.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,073
Lot Details
- 2.3 Acre Lot
- Level Lot
HOA Fees
- $150 Monthly HOA Fees
Schools
- Mt Vernon Elementary And Middle School
- Mt Vernon High School
Utilities
- Shared Well
Listing and Financial Details
- Assessor Parcel Number 152742700100000/152742700200000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,002 | $75,300 | $75,300 | -- |
| 2024 | $1,182 | $75,400 | $75,400 | -- |
| 2023 | $1,182 | $75,400 | $75,400 | $0 |
| 2022 | $118,200 | $75,400 | $75,400 | $0 |
| 2021 | $1,000 | $65,400 | $65,400 | $0 |
| 2020 | $1,076 | $65,400 | $65,400 | $0 |
| 2019 | $1,054 | $65,400 | $65,400 | $0 |
| 2018 | $1,062 | $65,400 | $65,400 | $0 |
| 2017 | $1,074 | $65,400 | $65,400 | $0 |
| 2016 | $1,074 | $65,400 | $65,400 | $0 |
| 2015 | $1,072 | $65,400 | $65,400 | $0 |
| 2014 | $1,072 | $80,400 | $80,400 | $0 |
| 2013 | $1,320 | $80,400 | $80,400 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2025 11/11/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | Price Changed | $150,000 | -14.3% | -- |
| 05/02/2025 05/02/25 | Price Changed | $175,000 | -10.3% | -- |
| 04/17/2025 04/17/25 | Price Changed | $195,000 | +30.0% | -- |
| 02/18/2025 02/18/25 | For Sale | $150,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | River Ridge Escrow Co | |
| Warranty Deed | $92,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | Construction | |
| Closed | $93,169 | Future Advance Clause Open End Mortgage |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2501050
APN: 15274-27001-00000
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