NOT LISTED FOR SALE

1734 Lake Terrace Rd Cedar Rapids, IA 52403

Estimated Value: $710,000 - $846,000

3 Beds
3.5 Baths
4,195 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $485,000 $116 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,886/month

64 Days on Market

Highlights

  • Home Theater
  • Spa
  • Recreation Room with Fireplace
  • Mount Vernon Middle School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of September 2017

Custom built home, 2+ acres, outstanding views of land & pond. Exterior is brick & seamless steel siding, 50 year Malarkey Legacy roof. There are 2 gas fireplaces. In the lower level: family room with wet bar, custom theater room with 105” screen with platform seating, security system, whole house multi-zoned sound system, central vacuum, hard wood floors in foyer, kitchen and dining room. New in 2016: tiled, zero entry shower in the master bath & tiled shower and flooring in the lower level bath. Just completed 36x40 garage, 2–13’x10’ front facing overhead doors & 1-7’ overhead door in the rear, insulated, separate 200 AMP service & huge driveway. Chairlift installed between the main and lower level-can remain or be removed. Radon mitigation 2016, septic DNR inspected and certified for transfer 2015, new distribution box installed 2016. 3D Matterport: http://bit.ly/2r42NeU

Last Agent to Sell the Property

Molly Iversen

Realty87 Listed on: 05/25/2017

Realty87

Last Buyer's Agent

Sonja Engel-Allbones

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,425

Year Built

  • 1996

Lot Details

  • 2.39 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1.75 Story Property
  • Central Vacuum
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Recreation Room with Fireplace
  • Home Security System
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,425

Year Built

1996

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Style: 1.75 Story
  • Acres: 2.3900
  • Above Grade Finished Sq Ft: 2520
  • Association Fee Frequency: Year
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 6425
  • List User Cell Phone: 319-538-3677
  • Low Lvl Fin Sq Ft: 1675
  • Miscellaneous: Cable Ready, Deck, Handicapped Features, Hot Tub, Jetted Tub, Patio, Satellite Dish, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 6292
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95285
  • Ratio Close Price By Original Li: 0.93269
  • Ratio Current Price By Sq Ft: 192.46
  • Total Sq Ft: 4195
  • Taxable Value Tv: 471600.00
  • Water Sewer Roads: Community Well, Septic System
  • Zoning: R
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Great Room, Rec Room, Theater Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas, Great Room, Rec Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Steel

Garage/Parking

  • Garage/Parking: 3 Cars
  • Garage Size: 811SF

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 600
  • Association: Yes

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 2.39Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Sep 14, 2017
Sold by
Townsend Robert A and Townsend Melanie A
Bought by
Dietsch Barry W and Dietsch Tracy M
Seller's Agent
Molly Iversen
Realty87
Buyer's Agent
Sonja Engel-Allbones
Realty87
List Price
$520,000
Sold Price
$485,000
Premium/Discount to List
-$35,000
-6.73%
Current Estimated Value
$764,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,067
Avg. Annual Appreciation
5.41%
Original Mortgage
$424,100
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2015
Closed on
Feb 5, 2016
Sold by
Miller Richard E and Miller Melanne J
Bought by
Townsend Robert A and Townsend Melanie A
Seller's Agent
Matt Smith
RE/MAX CONCEPTS
Buyer's Agent
Molly Iversen
Realty87
List Price
$499,977
Sold Price
$442,000
Premium/Discount to List
-$57,977
-11.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dietsch Barry W -- None Available
Townsend Robert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dietsch Barry W $456,000
Closed Dietsch Barry W $400,000
Closed Dietsch Barry W $424,100
Previous Owner Townsend Robert A $30,000
Previous Owner Miller Richard E $100,000
Previous Owner Miller Melanne J $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $485,000 -6.7% $116 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $520,000 +17.6% $124 / Sq Ft
02/11/2016 02/11/16 Sold $442,000 -11.6% $105 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $499,977 -- $119 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2023 $7,408 $700,900 $90,400 $610,500
2022 $7,274 $513,300 $90,400 $422,900
2021 $7,352 $513,300 $90,400 $422,900
2020 $7,352 $480,200 $90,400 $389,800
2019 $7,082 $471,600 $90,400 $381,200
2018 $6,916 $471,600 $90,400 $381,200
2017 $6,392 $417,900 $90,400 $327,500
2016 $6,425 $421,900 $90,400 $331,500
2015 $6,443 $421,900 $90,400 $331,500
2014 $6,310 $421,900 $90,400 $331,500
2013 $6,146 $421,900 $90,400 $331,500
Source: Public Records

Agents Affiliated with this Home

  • Molly Iversen

    Seller's Agent in 2017

    Molly Iversen

    Realty87

    (319) 538-3677

    51 Total Sales

    Molly Iversen
    Section Image
  • Matt Smith

    Seller's Agent in 2016

    Matt Smith

    RE/MAX

    (319) 431-5859

    188 Total Sales

    Matt Smith
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1705899

Cedar Rapids Area Association of REALTORS®

APN: 15342-01003-00000

Iowa Linn County Cedar Rapids 52403

1734 Lake Terrace Rd, Cedar Rapids, IA

This home is located at 1734 Lake Terrace Rd, Cedar Rapids, IA 52403 since 25 May 2017 and is currently estimated at $764,067, approximately $182 per square foot. This property was built in 1996. 1734 Lake Terrace Rd is a home located in Linn County with nearby schools including Washington Elementary School, Mount Vernon Middle School, and Mount Vernon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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