NOT LISTED FOR SALE

229 Teakwood Ln NE Cedar Rapids, IA 52402

Estimated Value: $461,000 - $490,000

4 Beds
4 Baths
3,691 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $395,400 $107 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,131/month

4 Days on Market

Highlights

  • Recreation Room
  • Den
  • 3 Car Attached Garage
  • Oak Ridge School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of March 2022

You must step into this one owner home. From the grand foyer to the remodeled kitchen, you don't want to miss out. New engineered hardwood flooring from entry to the kitchen. Remodeled kitchen with white shaker cabinets and granite. Sunken Dining room. Living room with beautiful built-in bookcase and fireplace. Formal dining room with crown molding. Huge primary suite with large bathroom, double sinks, soaking tub and shower. Lower level finished with great space for movies and pool table. Great entertaining space in the backyard. Private patio and basketball court. New siding, gutters and roof. New Water Heater. Fencing is privacy fence around the patio, yard is not fully fenced.

Last Agent to Sell the Property

Christina Axvig

COLDWELL BANKER HEDGES Listed on: 02/18/2022

COLDWELL BANKER HEDGES

Last Buyer's Agent

Diane Gallagher

COLDWELL BANKER HEDGES

COLDWELL BANKER HEDGES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,508

Year Built

  • 2001

Lot Details

  • 0.36 Acre Lot
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,508

Year Built

2001

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.3600
  • Above Grade Finished Sq Ft: 2497
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 7508
  • List User Cell Phone: 319-721-8351
  • Low Lvl Fin Sq Ft: 1194
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 7306
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.09833
  • Ratio Close Price By Original Li: 1.09833
  • Ratio Current Price By Sq Ft: 158.35
  • Total Sq Ft: 3691
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Gas, Living Room
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 8

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 638

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Bowman Woods
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: Irregular

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Paul Mcgovern Daniel and Paul Marie Lisa
Bought by
Lamar Daython and Henning Brooke
Total Days on Market
4
Current Estimated Value
$471,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,400
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2002
Sold by
Midwest Development Co
Bought by
Mcgovern Daniel P and Mcgovern Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,210
Interest Rate
6.95%
Source: Public Records

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Range of Values:

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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
Lamar Daython $395,500 Belin Mccormick Pc
Mcgovern Daniel P $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamar Daython $295,400
Previous Owner Mcgovern Daniel Paul $155,400
Previous Owner Mcgovern Daniel P $161,524
Previous Owner Mcgovern Daniel P $178,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $395,400 +9.8% $107 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $360,000 -- $98 / 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 $7,510 $433,800 $74,200 $359,600
2022 $6,974 $337,500 $67,500 $270,000
2021 $7,306 $324,000 $67,500 $256,500
2020 $7,306 $319,800 $67,500 $252,300
2019 $6,822 $302,200 $58,500 $243,700
2018 $6,528 $302,200 $58,500 $243,700
2017 $6,692 $300,500 $54,000 $246,500
2016 $6,639 $296,800 $54,000 $242,800
2015 $6,595 $294,500 $53,996 $240,504
2014 $6,400 $294,500 $53,996 $240,504
2013 $6,182 $294,500 $53,996 $240,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2200762

Cedar Rapids Area Association of REALTORS®

APN: 11353-51017-00000