NOT LISTED FOR SALE

Estimated Value: $130,711

Studio
-- Bath
-- Sq Ft
2.3 Acre Lot

Sale Details

Date Sold: April 22, 2026

Last sale price $138,000

Est. 5% decrease in value since last sale

Current estimated payment $954 / mo

266 Days on Market

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Heather Morris

SKOGMAN REALTY Listed on: 02/18/2025

SKOGMAN REALTY

Last Buyer's Agent

Gary Doerrfeld

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Property Details

Property Type

  • Other

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

Additional Features

  • Farm
  • Shared Well

Listing and Financial Details

  • Assessor Parcel Number 152742700100000/152742700200000

Property Details

Property Type

Other

Est. Annual Taxes

$2,073

Lot Details

2.3 Acres

HOA Fees

$150 per month

Listing Details

  • Association Fee Frequency: Monthly
  • Property Type: Farm
  • Property Sub-Type: Residential
  • ResoLotFeatures: Level
  • Lot Size Acres: 2.3
  • Co List Office Phone: 319-366-6427
  • MLS Status: Closed
  • Directions: Mt Vernon Road, S on Bertram Road, E (left) on Timberlake Run
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour
  • Property Sub Type: Other

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Shared Well

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association: Yes

Schools

  • Elementary School: Mt Vernon
  • Junior High Dist: Mt Vernon
  • High School: Mt Vernon
  • Middle Or Junior School: Mt Vernon

Lot Info

  • Lot Dimensions: 2.3 Acres
  • ResoLotSizeUnits: Acres
  • Parcel Number: 152742700100000/152742700200000
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 2073.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Bought by
Current Estimated Value
$130,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
2.88%
Mortgage Type
Construction
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$92,000 None Listed On Document
-- River Ridge Escrow Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $850,000
Closed $93,169
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 Sold $138,000 -8.0% --
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 -- --
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2501050

Cedar Rapids Area Association of REALTORS®

APN: 15274-27001-00000

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