1734 Lake Terrace Rd Cedar Rapids, IA 52403
3
Beds
3.5
Baths
4,195
Sq Ft
2.39
Acres
Highlights
- Home Theater
- Spa
- Recreation Room with Fireplace
- Mount Vernon Middle School Rated A-
- Deck
- Vaulted Ceiling
About This Home
As of September 2017Custom 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
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
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
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
5.38%
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%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $456,000 | New Conventional | |
| Closed | $400,000 | New Conventional | |
| Closed | $424,100 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $180,000 | New Conventional |
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
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
-
Sonja Engel-Allbones
S
Buyer's Agent in 2017
Sonja Engel-Allbones
Realty87
(319) 378-8760
62 Total Sales
-
Matt Smith
Seller's Agent in 2016
Matt Smith
RE/MAX
(319) 431-5859
187 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1705899
APN: 15342-01003-00000
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