NOT LISTED FOR SALE

3022 Franbrook Terrace NW Cedar Rapids, IA 52405

Estimated Value: $213,000 - $281,000

3 Beds
3 Baths
2,606 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $225,000 $86 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,761/month

35 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Fenced Yard
  • Reverse Osmosis System
  • Great Room with Fireplace
  • Breakfast Bar

About This Home

As of December 2020

Outdoor Oasis awaits you in this Incredible Backyard. Heated In-ground pool w/ privacy & perfect deck for entertaining. Meticulously-maintained home has been in same family since it was built. Windows replaced (interior blinds) & newer roof. Gleaming Cherry Kitchen cabinets w/ pull out shelves, newer stainless appliances, newer sink & faucet, Corian counter tops. Relax in family room by the wood-burning fireplace(w gas starter) surrounded by built-ins. New exterior paint(blue) & new paint in several rooms.

Last Agent to Sell the Property

Jan Crosby

Urban Acres Real Estate Listed on: 10/16/2020

Urban Acres Real Estate

Co-Listed By

Chris Boddicker

Urban Acres Real Estate Corridor

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1967

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 59 x 118 x 128 x 118
  • Fenced Yard

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Cleveland Elementary School
  • Roosevelt Middle School
  • Jefferson High School

Utilities

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

Community Details

  • Lindondale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14303-31035-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,940

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2606
  • Homebuilder: Unk
  • Owner Name L F Mi: Gales, John & Christie
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Recent renovations/updates in garage include opener with wifi capability and new floor(repoured). Newer carpet throughout most of home. Two Abundant Storage areas and gas stove in Lower Level. No maintenance decking with solar lighting above pool area. Fin Sq Ft in LL is estimated. Pool chairs and furniture on pool deck remain with home. Reserved: Upper Deck Furniture, Washer/Dryer, bike hooks in garage
  • Year Built: 1967
  • Tax Year Report: 2019
  • Subdivision: Lindondale
  • Directions: Edgewood Rd to Franbrook Terr.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, Other, Wood Burning
  • Interior R: Bookcases, Cable Available
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: Less than .5 Acre, Private Backyard
  • Possession R: At Closing, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Outdoor Oasis awaits you in this Incredible Backyard. Heated In-ground pool w/ privacy & perfect deck for entertaining. Meticulously-maintained home has been in same family since it was built. Windows replaced (interior blinds) & newer roof. Gleaming Cherry Kitchen cabinets w/ pull out shelves, newer stainless appliances, newer sink & faucet, Corian counter tops. Relax in family room by the wood-burning fireplace(w gas starter) surrounded by built-ins. New exterior paint(blue) & new paint in several rooms.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1506
  • Total Full Baths: 3
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1100
  • Laundry Location: Basement, Laundry Room
  • Mstr Br Level: Main
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Fenced Yard, Patio, Pool In-ground

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Reverse Osmosis
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson
  • High School: Jefferson
  • Jr Middle School: Roosevelt
  • Elementary School: Cleveland

Lot Info

  • Acreage: 0.25
  • Geo Subdivision: IA
  • Lot Dimensions: 59 x 118 x 128 x 118
  • Zoning: Res

Tax Info

  • Gross Tax County City: 3523
  • Assessor Parcel Number: 14303-31035-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 8, 2020
Sold by
Gales John W and Gales Christine A
Bought by
Hoffman Larissa Miranda
Seller's Agent
Jan Crosby
Urban Acres Real Estate
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$259,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,500
Avg. Annual Appreciation
3.16%
Original Mortgage
$168,750
Outstanding Balance
$151,983
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$107,517
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 Larissa Miranda $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Larissa Miranda $168,750
Previous Owner Gales John W $18,800
Previous Owner Gales John W $154,000
Previous Owner Gales John W $32,002
Previous Owner Gales John W $138,400
Previous Owner Gales John W $34,600
Previous Owner Gales John W $22,000
Previous Owner Gales John W $17,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $225,000 -4.3% $86 / Sq Ft
10/21/2020 10/21/20 Price Changed $235,000 -6.0% $90 / Sq Ft
10/16/2020 10/16/20 For Sale $250,000 -- $96 / Sq Ft
Source: Iowa City 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 $3,940 $214,000 $38,700 $175,300
2022 $3,452 $195,700 $38,700 $157,000
2021 $3,526 $175,600 $34,900 $140,700
2020 $3,526 $168,400 $31,000 $137,400
2019 $3,256 $159,600 $31,000 $128,600
2018 $3,162 $159,600 $31,000 $128,600
2017 $3,513 $156,100 $31,000 $125,100
2016 $3,513 $165,300 $31,000 $134,300
2015 $3,463 $162,792 $30,996 $131,796
2014 $3,278 $162,792 $30,996 $131,796
2013 $3,204 $162,792 $30,996 $131,796
Source: Public Records

Agents Affiliated with this Home

  • Jan Crosby

    Seller's Agent in 2020

    Jan Crosby

    Urban Acres Real Estate

    (319) 621-9427

    224 Total Sales

    Jan Crosby
    Section Image
  • Chris Boddicker

    Seller Co-Listing Agent in 2020

    Chris Boddicker

    Urban Acres Real Estate Corridor

    (319) 530-9390

    253 Total Sales

    Chris Boddicker
    Section Image

  • N

    Buyer's Agent in 2020

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202006237

Iowa City Area Association of REALTORS®

APN: 14303-31035-00000

Iowa Linn County Cedar Rapids 52405

3022 Franbrook Terrace NW, Cedar Rapids, IA

This home is located at 3022 Franbrook Terrace NW, Cedar Rapids, IA 52405 since 16 October 2020 and is currently estimated at $259,500, approximately $99 per square foot. This property was built in 1967. 3022 Franbrook Terrace NW is a home located in Linn County with nearby schools including Cleveland Elementary School, Roosevelt Creative Corridor Business Academy, and Thomas Jefferson 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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