NOT LISTED FOR SALE

301 Teakwood Ln NE Cedar Rapids, IA 52402

Estimated Value: $436,822 - $483,000

4 Beds
4 Baths
3,537 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $325,000 $92 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,202/month

28 Days on Market

Highlights

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

About This Home

As of August 2019

Beautiful 2 story in a wonderful NE location! Updates & fresh gray paint throughout most of the home! You will be welcomed by the 2 story foyer with hardwood floors that continue throughout the hallway, den, formal dining, kitchen & daily dining area. Main level den/office just off the foyer. Spacious great room with gas fireplace, newer carpet & big wall of windows. Gourmet kitchen with new quartz countertops, new Whirlpool stainless steel appliances, undermount sink, wine rack, island/breakfast bar, pantry & daily dining area with sliders to the deck. Formal dining room just off the kitchen. Convenient main level half bath. Newer carpet throughout the upstairs. Spacious master suite with walk-in closet, desk/sitting area, tile floors, tub, separate shower & dual vanity. 3 additional bedrooms & a full bath with dual vanity completes the upper level. Finished lower level rec room with bar, half bath, laminate flooring, & pool table can be included. Utility sink in the mechanical room, some new light fixtures, white trim & doors & much more. Beautiful yard with deck & mature trees. Don’t miss this one!

Last Agent to Sell the Property

Debra Callahan

RE/MAX CONCEPTS Listed on: 06/04/2019

RE/MAX CONCEPTS

Last Buyer's Agent

Debra Callahan

RE/MAX CONCEPTS Listed on: 06/04/2019

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,952

Year Built

  • 2003

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 140
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

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

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

$6,952

Year Built

2003

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.2570
  • Above Grade Finished Sq Ft: 2687
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.20
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 6952
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 850
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 6758
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 120.95
  • Total Sq Ft: 3537
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

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

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

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: 80 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 2, 2019
Sold by
Eilers Valarie M and Masse Dori Y
Bought by
Parcher Jesse E and Parcher Cassandra A
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$325,000
Sold Price
$325,000
Total Days on Market
28
Current Estimated Value
$455,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,206
Avg. Annual Appreciation
6.06%
Original Mortgage
$292,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2015
Closed on
Feb 9, 2016
Sold by
Meyer Kirk R and Meyer Alice M W
Bought by
Eilers Valarie M and Masse Dori Y
Seller's Agent
Karen Feltman
Keller Williams Legacy Group
Buyer's Agent
Katrin Elessais
SKOGMAN REALTY
List Price
$312,000
Sold Price
$297,000
Premium/Discount to List
-$15,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$267,300
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2005
Sold by
Cendant Mobility Financial Corp
Bought by
Meyer Kirk R and Meyer Alicia M W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 3, 2003
Sold by
Midwest Development Co
Bought by
Boots Ronald J and Boots Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,850
Interest Rate
4.87%
Mortgage Type
Unknown
Source: Public Records

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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
Parcher Jesse E $325,000 None Available
Eilers Valarie M -- None Available
Meyer Kirk R $295,500 --
Boots Ronald J $282,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parcher Jesse E $75,000
Open Parcher Jesse E $300,000
Closed Parcher Esse E $20,000
Closed Parcher Jesse P $290,000
Closed Parcher Jesse E $292,500
Previous Owner Eilers Valarie M $267,300
Previous Owner Meyer Kirk R $201,494
Previous Owner Meyer Kirk R $236,800
Previous Owner Boots Ronald J $43,000
Previous Owner Boots Ronald J $268,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $325,000 0.0% $92 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $325,000 +9.4% $92 / Sq Ft
02/16/2016 02/16/16 Sold $297,000 -4.8% $84 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
07/02/2015 07/02/15 For Sale $312,000 -- $88 / 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 $7,762 $404,600 $69,300 $335,300
2022 $7,202 $348,500 $63,000 $285,500
2021 $7,168 $334,300 $63,000 $271,300
2020 $7,168 $313,900 $63,000 $250,900
2019 $6,700 $296,900 $54,600 $242,300
2018 $6,410 $296,900 $54,600 $242,300
2017 $6,672 $299,700 $50,400 $249,300
2016 $6,247 $279,300 $50,400 $228,900
2015 $6,052 $287,236 $50,400 $236,836
2014 $6,238 $287,236 $50,400 $236,836
2013 $6,026 $287,236 $50,400 $236,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904160

Cedar Rapids Area Association of REALTORS®

APN: 11353-51018-00000