NOT LISTED FOR SALE

224 Teakwood Ln NE Cedar Rapids, IA 52402

Estimated Value: $430,000 - $479,000

4 Beds
4 Baths
3,750 Sq Ft
$121/Sq Ft Est. Value

About This Home

This home is located at 224 Teakwood Ln NE, Cedar Rapids, IA 52402 and is currently estimated at $452,092, approximately $120 per square foot. 224 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
May 14, 2011
Sold by
Hart Gary W and Hart Patricia J
Bought by
Gorsich Thomas C and Gorsich Elizabeth A
Current Estimated Value
$452,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Evans Mark D and Evans Joni L
Bought by
Hart Gary W and Hart Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 22, 2001
Sold by
Midwest Development Co
Bought by
Evans Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,672
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Gorsich Thomas C $309,500 None Available
Hart Gary W $341,500 --
Evans Mark D $320,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorsich Thomas C $25,000
Open Gorsich Thomas C $252,000
Closed Gorsich Thomas C $20,000
Closed Gorsich Thomas Charles $238,000
Closed Gorsich Thomas C $235,500
Closed Gorsich Thomas C $47,000
Closed Gorsich Thomas C $237,500
Closed Gorsich Thomas C $43,750
Closed Gorsich Thomas C $232,500
Previous Owner Hart Gary W $252,900
Previous Owner Hart Gary W $268,000
Previous Owner Evans Mark D $256,672
Source: Public Records

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 $7,664 $398,600 $71,000 $327,600
2022 $7,114 $344,200 $64,600 $279,600
2021 $7,452 $330,300 $64,600 $265,700
2020 $7,452 $326,000 $64,600 $261,400
2019 $6,968 $308,500 $56,000 $252,500
2018 $6,668 $308,500 $56,000 $252,500
2017 $6,940 $311,400 $51,700 $259,700
2016 $6,885 $307,800 $51,700 $256,100
2015 $7,237 $323,173 $51,660 $271,513
2014 $7,042 $323,173 $51,660 $271,513
2013 $6,804 $323,173 $51,660 $271,513
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52402

224 Teakwood Ln NE, Cedar Rapids, IA

This home is located at 224 Teakwood Ln NE, Cedar Rapids, IA 52402 and is currently estimated at $452,092, approximately $120 per square foot. 224 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.

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.

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