NOT LISTED FOR SALE

2761 Teresa Dr SW Cedar Rapids, IA 52404

Southwest Area Neighborhood

Estimated Value: $160,000 - $217,727

3 Beds
1.5 Baths
1,748 Sq Ft
$107/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $140,000 $80 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,270/month

1 Day on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Eat-In Kitchen
  • Junction City Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of November 2021

October is National Breast Cancer Awareness Month. Listing agent will donate $100 to breast cancer research if this home goes pending in October.

Last Agent to Sell the Property

Debra Callahan

RE/MAX CONCEPTS Listed on: 10/08/2021

RE/MAX CONCEPTS

Last Buyer's Agent

Pattie Fox

Realty87

Realty87

Home Details

Home Type

  • Single Family

Year Built

  • 1961

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Wood Burning Stove

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1961

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2200
  • Above Grade Finished Sq Ft: 948
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3532
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 800
  • Miscellaneous: Fencing, Patio
  • Net Tax: 3343
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.12000
  • Ratio Close Price By Original Li: 1.12000
  • Ratio Current Price By Sq Ft: 147.68
  • Total Sq Ft: 1748
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Wood Burning Stove
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Lot Info

  • Lot Size: 9,601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 3, 2021
Sold by
Estate Of Michael C Walton
Bought by
Varner Glenn D
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Pattie Fox
Realty87
List Price
$125,000
Sold Price
$140,000
Premium/Discount to List
$15,000
12%
Current Estimated Value
$186,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,932
Avg. Annual Appreciation
7.34%
Original Mortgage
$14,000
Outstanding Balance
$8,916
Interest Rate
2.42%
Estimated Equity
$178,016

Purchase Details

Closed on
Sep 22, 2009
Sold by
Smith Karmen K
Bought by
Walton Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1998
Sold by
Pollock Steven Lee and Pollock Kim K
Bought by
Walton Michael C and Smith Karmen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Varner Glenn D $140,000 None Available
Walton Michael C -- None Available
Walton Michael C $95,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varner Glenn D $14,000
Open Varner Glenn D $126,000
Previous Owner Walton Michael C $95,000
Previous Owner Walton Michael C $86,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $140,000 +12.0% $80 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $125,000 -- $72 / 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
2025 $3,454 $197,500 $42,000 $155,500
2024 $3,376 $198,000 $42,000 $156,000
2023 $3,376 $195,200 $42,000 $153,200
2022 $3,130 $160,100 $34,000 $126,100
2021 $3,228 $160,100 $34,000 $126,100
2020 $3,228 $154,900 $32,000 $122,900
2019 $2,770 $137,000 $32,000 $105,000
2018 $2,688 $137,000 $32,000 $105,000
2017 $2,513 $127,500 $32,000 $95,500
2016 $2,513 $118,200 $32,000 $86,200
2015 $2,527 $118,797 $32,000 $86,797
2014 $2,342 $121,597 $32,000 $89,597
2013 $2,346 $121,597 $32,000 $89,597
Source: Public Records

Agents Affiliated with this Home

  • Debra Callahan

    Seller's Agent in 2021

    Debra Callahan

    RE/MAX

    (319) 431-3559

    15 in this area

    680 Total Sales

    Debra Callahan
    Section Image

  • P

    Buyer's Agent in 2021

    Pattie Fox

    Realty87

    (319) 573-0547

    6 in this area

    182 Total Sales

    Pattie Fox
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2106961

Cedar Rapids Area Association of REALTORS®

APN: 14343-51013-00000

Iowa Linn County Cedar Rapids 52404 Southwest Area

2761 Teresa Dr SW, Cedar Rapids, IA

Not Listed for Sale

Detached

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