NOT LISTED FOR SALE

2400 Teresa Dr SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $187,000 - $193,260

3 Beds
2 Baths
1,500 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $137,000 $91 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,251/month

7 Days on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • Eat-In Kitchen
  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of May 2020

This home is located at 2400 Teresa Dr SW, Cedar Rapids, IA 52404 since 30 March 2020 and is currently estimated at $190,565, approximately $127 per square foot. This property was built in 1960. 2400 Teresa Dr SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Tanager Place School.

Last Agent to Sell the Property

Gary Sweet

SKOGMAN REALTY Listed on: 03/30/2020

Last Buyer's Agent

Jeff Wenthe

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,448

Year Built

  • 1960

Lot Details

  • Lot Dimensions are 63 x 137
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,448

Year Built

1960

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 950
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2448
  • List User Cell Phone: 319-531-6092
  • Low Lvl Fin Sq Ft: 550
  • Miscellaneous: Cable Ready, Fencing
  • Net Tax: 2448
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97892
  • Ratio Close Price By Original Li: 0.97892
  • Ratio Current Price By Sq Ft: 144.21
  • Total Sq Ft: 1500
  • Taxable Value Tv: 117400.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer
  • Additional Room: Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

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

Schools

  • Elementary School: Grant
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 63 X 137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
May 14, 2020
Sold by
Hays Ryan L and Hays Martha
Bought by
Hoffman Colby J and Hoffman Daisy A
Seller's Agent
Gary Sweet
SKOGMAN REALTY
Buyer's Agent
Jeff Wenthe
SKOGMAN REALTY
List Price
$139,950
Sold Price
$137,000
Premium/Discount to List
-$2,950
-2.11%
Current Estimated Value
$190,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,565
Avg. Annual Appreciation
5.57%
Original Mortgage
$134,518
Outstanding Balance
$120,498
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$61,872

Purchase Details

Listed on
Feb 13, 2016
Closed on
Mar 22, 2016
Sold by
Hackney Lillian A
Bought by
Hays Ryan L and Trejo Martha Ventura
Seller's Agent
Bob Hackney
SKOGMAN REALTY
Buyer's Agent
Gary Sweet
SKOGMAN REALTY
List Price
$99,000
Sold Price
$101,000
Premium/Discount to List
$2,000
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$89,000
Interest Rate
3.62%
Mortgage Type
New Conventional
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
Hoffman Colby J $134,125 Hawkeye Escrow Company
Hays Ryan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Colby J $134,518
Previous Owner Hays Ryan L $10,000
Previous Owner Hays Ryan L $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $137,000 -2.1% $91 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $139,950 +38.6% $93 / Sq Ft
03/24/2016 03/24/16 Sold $101,000 +2.0% $57 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $99,000 -- $56 / 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 $2,546 $159,200 $34,400 $124,800
2022 $2,500 $129,600 $27,800 $101,800
2021 $2,760 $129,600 $27,800 $101,800
2020 $2,760 $125,100 $26,200 $98,900
2019 $2,202 $110,700 $26,200 $84,500
2018 $2,320 $110,700 $26,200 $84,500
2017 $2,360 $108,400 $26,200 $82,200
2016 $2,251 $105,900 $26,200 $79,700
2015 $2,066 $105,572 $26,208 $79,364
2014 $2,062 $108,132 $26,208 $81,924
2013 $1,033 $108,132 $26,208 $81,924
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gary Sweet

    SKOGMAN REALTY

  • J

    Buyer's Agent in 2020

    Jeff Wenthe

    SKOGMAN REALTY

    (319) 310-3673

    43 Total Sales

    Jeff Wenthe
    Section Image
  • Bob Hackney

    Seller's Agent in 2016

    Bob Hackney

    SKOGMAN REALTY

    (319) 350-2609

    2 in this area

    38 Total Sales

    Bob Hackney
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2002385

Cedar Rapids Area Association of REALTORS®

APN: 14343-27031-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

2400 Teresa Dr SW, Cedar Rapids, IA

This home is located at 2400 Teresa Dr SW, Cedar Rapids, IA 52404 since 30 March 2020 and is currently estimated at $190,565, approximately $127 per square foot. This property was built in 1960. 2400 Teresa Dr SW is a home located in Linn County with nearby schools including Wilson Middle School, Thomas Jefferson High School, and Tanager Place 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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