NOT LISTED FOR SALE

3117 Franbrook Terrace NW Cedar Rapids, IA 52405

Estimated Value: $194,000 - $238,762

3 Beds
2 Baths
1,170 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $165,000 $141 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,525/month

21 Days on Market

Highlights

  • Deck
  • 2 Car Garage
  • Patio
  • Hydromassage or Jetted Bathtub
  • Eat-In Kitchen
  • Living Room

About This Home

As of July 2017

CHECK OUT THIS VERY SPACIOUS, SPLIT LEVEL, 3 BEDROOM, 2 BATH HOME. IT IS LOCATED IN A CONVENIENT, NICE QUIET, NEIGHBORHOOD, CLOSE TO SCHOOLS, SHOPPING, AND DINING. THIS HOME FEATURES MANY RECENT UPDATES, HAS PLENTY OF BUILT IN STORAGE, A WONDERFUL FENCED IN BACK YARD, AND IS MOVE IN READY. YOU MUST SEE THE BONUS, 660 SQUARE FOOT, HEATED, GARAGE. CURRENTLY SET UP AS A MAN CAVE, WITH SHOP, AND GAME ROOM, WHAT ARE YOUR HOBBIES, OR CRAFTS, DREAM OF ALL THE POSSIBILITIES FOR THIS SPACE. NEW WASHER AND DRYER 6/19/17, STAYS WITH PROPERTY. SET UP YOUR SHOWING TODAY, YOU WILL NOT BE DISAPPOINTED.

Last Agent to Sell the Property

Kevin Meskimen

Realty ONE Group Impact Listed on: 06/07/2017

Last Buyer's Agent

Sofia Estores

Epique Realty

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,310

Year Built

  • 1964

Lot Details

  • Lot Dimensions are 72x110
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,170 Sq Ft Home
  • Living Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,310

Year Built

1964

Lot Details

0

Listing Details

  • Style: Split Level
  • Above Grade Finished Sq Ft: 1170
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3310
  • List User Cell Phone: 319-981-4493
  • Miscellaneous: Deck, Fencing, Jetted Tub, Patio
  • Net Tax: 2808
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93220
  • Ratio Close Price By Original Li: 0.93220
  • Ratio Current Price By Sq Ft: 141.03
  • Total Sq Ft: 1170
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 9

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, 2 Cars, Attached, Detached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 72x110

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 18, 2017
Sold by
Brian H Lange
Bought by
Masmengo Christine and Masika Joel
Seller's Agent
Kevin Meskimen
Realty ONE Group Impact
Buyer's Agent
Sofia Estores
Epique Realty
List Price
$177,000
Sold Price
$165,000
Premium/Discount to List
-$12,000
-6.78%
Current Estimated Value
$217,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,941
Avg. Annual Appreciation
3.24%
Original Mortgage
$140,250
Outstanding Balance
$118,479
Interest Rate
3.89%
Estimated Equity
$94,118

Purchase Details

Closed on
Jun 21, 2016
Sold by
Prouty Kristin A
Bought by
Lange Brian H

Purchase Details

Closed on
Jun 29, 2005
Sold by
Sparano James J and Sparano Susan L
Bought by
Lange Brian H and Prouty Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 2002
Sold by
Sparano Jim and Sparano Susan
Bought by
Lange Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 18, 2002
Sold by
Hagemann John R
Bought by
Sparano James J and Sparano Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 1997
Sold by
Sparano James and Sparano Susan
Bought by
Hagermann John and Hagermann Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
7.22%
Source: Public Records

Range of Values:

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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
Masmengo Christine -- --
Lange Brian H -- None Available
Lange Brian H $114,500 --
Lange Brian $115,000 --
Sparano James J $6,500 --
Hagermann John $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masmengo Christine $140,250
Closed Masmengo Christine --
Closed Masmengo Christine $140,250
Closed Masmengo Christine $14,750
Previous Owner Lange Brian H $11,300
Previous Owner Lange Brian H $8,000
Previous Owner Lange Brian H $108,800
Previous Owner Lange Brian $100,000
Previous Owner Hagermann John $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $165,000 -6.8% $141 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $177,000 -- $151 / 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 $3,862 $217,800 $37,100 $180,700
2022 $3,590 $183,100 $37,100 $146,000
2021 $3,660 $173,300 $33,400 $139,900
2020 $3,660 $165,900 $29,700 $136,200
2019 $3,524 $163,500 $29,700 $133,800
2018 $3,074 $163,500 $29,700 $133,800
2017 $3,072 $149,600 $29,700 $119,900
2016 $3,057 $143,800 $29,700 $114,100
2015 $2,872 $137,663 $29,664 $107,999
2014 $2,744 $137,663 $29,664 $107,999
2013 $2,680 $137,663 $29,664 $107,999
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kevin Meskimen

    Realty ONE Group Impact

    (319) 981-4493

    6 Total Sales

    Kevin Meskimen
    Section Image
  • Sofia Estores

    Buyer's Agent in 2017

    Sofia Estores

    Epique Realty

    (319) 538-4553

    34 Total Sales

    Sofia Estores
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706187

Cedar Rapids Area Association of REALTORS®

APN: 14303-32004-00000

Iowa Linn County Cedar Rapids 52405

3117 Franbrook Terrace NW, Cedar Rapids, IA

This home is located at 3117 Franbrook Terrace NW, Cedar Rapids, IA 52405 since 07 June 2017 and is currently estimated at $217,941, approximately $186 per square foot. This property was built in 1964. 3117 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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