307 Teakwood Ln NE Cedar Rapids, IA 52402
Estimated Value: $433,000 - $451,000
5
Beds
4.5
Baths
3,253
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Great Room with Fireplace
- 3 Car Attached Garage
- Oak Ridge School Rated A-
- Den
- Forced Air Cooling System
About This Home
As of September 2020Custom 2 story in a great NE location! Plenty of space with over 3200 finished square feet! Hardwood floors throughout the foyer, hallways, kitchen & daily dining area. Gorgeous great room with 22’ ceilings & gas fireplace. Convenient main level den/office, half bath & laundry room. Spacious kitchen with quartz countertops, stainless steel appliances, gas stove, hood vent, tile backsplash, breakfast bar & daily dining area. Main level master suite with walk-in closet, trey ceiling, huge jetted tub, tile floors, tile shower with dual shower heads, & dual vanity. Upstairs you will find 3 bedrooms & 2 baths. Finished lower level rec room, another bedroom & another bathroom. Other updates/features include: will have a new roof before closing, irrigation, security, sound, central vac, & zoned heating. Don’t miss this well-maintained home in a great location near schools, shopping, restaurants & major employers!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,805
Year Built
- 2007
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 100 x 140
- Irrigation
Home Design
- Poured Concrete
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Central Vacuum
- Gas Fireplace
- Great Room with Fireplace
- Combination Kitchen and Dining Room
- Den
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Primary Bedroom on Main
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Patio
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Satellite Dish
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2020
Closed on
Sep 27, 2020
Sold by
Hn Veluguleti Kumar and Sinalt Mann Jyotsna
Bought by
Parker Kelly A
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Rachael Ray
SKOGMAN REALTY
List Price
$343,000
Sold Price
$330,000
Premium/Discount to List
-$13,000
-3.79%
Total Days on Market
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,715
Avg. Annual Appreciation
6.48%
Original Mortgage
$247,500
Outstanding Balance
$222,611
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$220,104
Purchase Details
Closed on
May 10, 2007
Sold by
Midwest Development Co
Bought by
Veluguleti Hemanarasimha and Maan Jyotsna Sinalt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.94%
Mortgage Type
Unknown
Similar Homes in Cedar Rapids, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parker Kelly A | $330,000 | None Available | |
| Parker Kelly A | $527,200 | Skogman Erick | |
| Veluguleti Hemanarasimha | $336,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parker Kelly A | $40,000 | |
| Open | Parker Kelly A | $247,500 | |
| Closed | Parker Kelly A | $247,500 | |
| Previous Owner | Maan Jyotsna Singh | $232,000 | |
| Previous Owner | Maan Jyotsna Singh | $18,000 | |
| Previous Owner | Maan Jyotsna | $264,000 | |
| Previous Owner | Maan Jyotsna | $16,000 | |
| Previous Owner | Veluguleti Hemanarasimha K | $30,000 | |
| Previous Owner | Veluguleti Hemanarasimha | $268,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2020 09/28/20 | Sold | $330,000 | -1.5% | $101 / Sq Ft |
| 08/27/2020 08/27/20 | Pending | -- | -- | -- |
| 08/14/2020 08/14/20 | Price Changed | $335,000 | -2.3% | $103 / Sq Ft |
| 07/17/2020 07/17/20 | For Sale | $343,000 | -- | $105 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $7,898 | $414,000 | $78,000 | $336,000 |
| 2022 | $7,334 | $354,400 | $70,900 | $283,500 |
| 2021 | $7,988 | $340,200 | $70,900 | $269,300 |
| 2020 | $7,988 | $340,200 | $70,900 | $269,300 |
| 2019 | $7,468 | $330,700 | $61,400 | $269,300 |
| 2018 | $7,150 | $321,500 | $61,400 | $260,100 |
| 2017 | $7,384 | $322,200 | $56,700 | $265,500 |
| 2016 | $7,126 | $318,600 | $56,700 | $261,900 |
| 2015 | $6,812 | $304,224 | $56,700 | $247,524 |
| 2014 | $6,812 | $304,224 | $56,700 | $247,524 |
| 2013 | $6,586 | $304,224 | $56,700 | $247,524 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Callahan
Seller's Agent in 2020
Debra Callahan
RE/MAX
(319) 431-3559
669 Total Sales
-
Rachael Ray
Buyer's Agent in 2020
Rachael Ray
SKOGMAN REALTY
(319) 270-3104
196 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2005264
APN: 11353-51019-00000
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