$197,500
SOLD SEP 13, 2023

3105 Franbrook Terrace NW Cedar Rapids, IA 52405

3 Beds
2 Baths
1,526 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

4% Below List Price

49 Days on Market

Highlights

  • Recreation Room
  • Fenced Yard
  • Living Room
  • Main Floor Primary Bedroom
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Make this charmer yours!! Nestled on a quiet street, this ranch-style home offers 3 beds, 2 baths, beautiful hardwood floors, loads of cabinets in the kitchen, tons of storage, newer carpet in the large living room, and a finished basement with lots of entertainment space, fenced backyard and all appliances included. Don't miss out, schedule a showing today!

Last Agent to Sell the Property

Dana Hansen

RE/MAX Concepts Listed on: 06/16/2023

RE/MAX Concepts

Last Buyer's Agent

Lorraine Bowans

RE/MAX Affiliates

RE/MAX Affiliates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1965

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 72x110
  • Fenced Yard

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

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

Listing and Financial Details

  • Assessor Parcel Number 14303-32002-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,998

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1526
  • Owner Name L F Mi: Ormiston
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Year Built: 1965
  • Tax Year Report: 2022
  • Directions: S on Edgewood Rd, E to Franbrook Terrace
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Full
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional, See Other Remarks
  • Stories Style R: 2661
  • Remarks2: Make this charmer yours!! Nestled on a quiet street, this ranch-style home offers 3 beds, 2 baths, beautiful hardwood floors, loads of cabinets in the kitchen, tons of storage, newer carpet in the large living room, and a finished basement with lots of entertainment space, fenced backyard and all appliances included. Don't miss out, schedule a showing today!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1176
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 350
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard, Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, 2662
  • Heating Cooling: 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: 0.1
  • Geo Subdivision: IA
  • Lot Dimensions: 72x110

Tax Info

  • Gross Tax County City: 3538
  • Assessor Parcel Number: 14303-32002-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 9, 2023
Sold by
Ormiston Carol K
Bought by
Achenbach Jason Eugene
Seller's Agent
Dana Hansen
RE/MAX Concepts
Buyer's Agent
Lorraine Bowans
RE/MAX Affiliates
List Price
$204,900
Sold Price
$197,500
Premium/Discount to List
-$7,400
-3.61%
Views
231
Current Estimated Value
$212,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,514
Avg. Annual Appreciation
2.26%
Original Mortgage
$138,250
Outstanding Balance
$135,937
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$69,937

Purchase Details

Listed on
Oct 28, 2013
Closed on
Nov 16, 2013
Sold by
Estate Of Wanda M Alderman
Bought by
Ormiston Carol K
Seller's Agent
Sonja Engel-Allbones
Realty87
Buyer's Agent
Doug Lemon
SKOGMAN REALTY
List Price
$119,900
Sold Price
$117,000
Premium/Discount to List
-$2,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$38,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $197,500 None Listed On Document
Legal Action Court Order $117,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,250 New Conventional
Previous Owner $38,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $197,500 -1.2% $129 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $199,900 -2.4% $131 / Sq Ft
06/16/2023 06/16/23 For Sale $204,900 +75.1% $134 / Sq Ft
11/22/2013 11/22/13 Sold $117,000 -2.4% $77 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $119,900 -- $79 / 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 $2,998 $169,200 $37,300 $131,900
2022 $2,768 $151,000 $37,300 $113,700
2021 $2,804 $142,600 $33,600 $109,000
2020 $2,804 $135,700 $29,900 $105,800
2019 $2,596 $129,000 $29,900 $99,100
2018 $2,522 $129,000 $29,900 $99,100
2017 $2,508 $123,700 $29,900 $93,800
2016 $2,711 $127,600 $29,900 $97,700
2015 $2,655 $124,762 $29,862 $94,900
2014 $2,470 $124,762 $29,862 $94,900
2013 $2,342 $124,762 $29,862 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202303275

Iowa City Area Association of REALTORS®

APN: 14303-32002-00000