209 Teakwood Ln NE Cedar Rapids, IA 52402
Estimated Value: $382,000 - $459,000
4
Beds
3
Baths
2,758
Sq Ft
$152/Sq Ft
Est. Value
About This Home
This home is located at 209 Teakwood Ln NE, Cedar Rapids, IA 52402 and is currently estimated at $418,349, approximately $151 per square foot. 209 Teakwood Ln NE is a home located in Linn County with nearby schools including Bowman Woods Elementary School, Oak Ridge School, and Linn-Mar High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 7, 2023
Sold by
Banks Michael James and Banks Patricia L
Bought by
Michael And Patricia Banks Living Trust and Banks
Current Estimated Value
Purchase Details
Closed on
Jul 22, 2010
Sold by
Sherman Aaron R and Alexander Stephanie M
Bought by
Banks Michael J and Banks Patricia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,450
Interest Rate
4.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2005
Sold by
Midwest Development Co
Bought by
Sherman Aaron R and Alexander Stephanie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
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 | Buyer | Sale Price | Title Company |
---|---|---|---|
Michael And Patricia Banks Living Trust | -- | None Listed On Document | |
Banks Michael J | $270,500 | None Available | |
Sherman Aaron R | $282,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Banks Michael J | $153,700 | |
Previous Owner | Banks Michael J | $257,450 | |
Previous Owner | Sherman Aaron R | $226,000 |
Source: Public Records
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 | $6,970 | $352,800 | $77,000 | $275,800 |
2022 | $6,748 | $313,800 | $70,000 | $243,800 |
2021 | $7,078 | $313,800 | $70,000 | $243,800 |
2020 | $7,078 | $310,100 | $70,000 | $240,100 |
2019 | $6,330 | $281,000 | $60,700 | $220,300 |
2018 | $6,056 | $281,000 | $60,700 | $220,300 |
2017 | $6,159 | $290,100 | $56,000 | $234,100 |
2016 | $6,159 | $275,300 | $56,000 | $219,300 |
2015 | $6,027 | $269,172 | $56,026 | $213,146 |
2014 | $5,832 | $265,435 | $56,026 | $209,409 |
2013 | $5,554 | $265,435 | $56,026 | $209,409 |
Source: Public Records
Map
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