NOT LISTED FOR SALE

316 Teakwood Ln NE Cedar Rapids, IA 52402

Estimated Value: $465,539 - $514,000

5 Beds
3 Baths
3,842 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $483,000 $126 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,310/month

Highlights

  • Great Room with Fireplace
  • Ranch Style House
  • Dining Room
  • Oak Ridge School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Sold

Last Agent to Sell the Property

Nonmember NONMEMBER

NONMEMBER Listed on: 08/23/2024

Last Buyer's Agent

Rachel Koth

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,496

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 140

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Schools

  • Bowman Elementary School
  • Oak Ridge Middle School
  • Linn Mar High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 11353-52008-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,496

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3842
  • Owner Name L F Mi: Macha
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 2000
  • Tax Year Report: 2024
  • Directions: North on C Ave. NE to east on Teakwood Lane
  • S O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Full
  • Fireplace Type Location: In Great/Family Room, In Living Room
  • Interior R: Other
  • Kitchen Breakfast R: Other
  • Lot Description R: Less than .5 Acre
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Ranch
  • Remarks2: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 3
  • Sq Ft Above: 2342
  • Total Full Baths: 3
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1500
  • 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

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: Bowman
  • Middle School: OAK RIDGE
  • High School: Linn Mar
  • High School: Linn Mar
  • Jr Middle School: OAK RIDGE
  • Elementary School: Bowman

Lot Info

  • Acreage: 0.25
  • Geo Subdivision: IA
  • Lot Dimensions: 80 x 140
  • Zoning: Res

Tax Info

  • Gross Tax County City: 8115
  • Assessor Parcel Number: 11353-52008-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Aug 18, 2024
Sold by
Balasubramaniam Dhanya and Macha Bindu Sagar
Bought by
Patel Monarkkumar
Seller's Agent
Nonmember NONMEMBER
NONMEMBER
Buyer's Agent
Rachel Koth
Keller Williams Legacy Group
List Price
$493,000
Sold Price
$483,000
Premium/Discount to List
-$10,000
-2.03%
Current Estimated Value
$488,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,385
Avg. Annual Appreciation
1.05%
Original Mortgage
$338,100
Outstanding Balance
$333,228
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$155,157

Purchase Details

Listed on
Jul 17, 2017
Closed on
Sep 5, 2017
Sold by
Ernest Charles and Church Wanda Lois
Bought by
Skaar Latricia and Skaar Thomas P
Seller's Agent
Margaret Jenkins
SKOGMAN REALTY
Buyer's Agent
Margaret Jenkins
SKOGMAN REALTY
List Price
$338,000
Sold Price
$333,000
Premium/Discount to List
-$5,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$316,350
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2009
Sold by
Cox Mark D and Cox Constance J
Bought by
Golubiewski Terry J and Golubiewski Virginia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2001
Sold by
Midwest Development Co
Bought by
Bosch Christopher and Bosch Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,385
Interest Rate
6.12%
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
Patel Monarkkumar $483,000 None Listed On Document
Skaar Latricia -- None Available
Golubiewski Terry J $332,000 None Available
Bosch Christopher $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Monarkkumar $338,100
Previous Owner Skaar Latricia $316,350
Previous Owner Golubiewski Terry J $266,000
Previous Owner Bosch Christopher $178,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $483,000 0.0% $126 / Sq Ft
08/23/2024 08/23/24 Sold $483,000 -2.0% $126 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $493,000 0.0% $128 / Sq Ft
08/11/2024 08/11/24 For Sale $493,000 0.0% $128 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $493,000 +48.0% $128 / Sq Ft
08/31/2017 08/31/17 Sold $333,000 -1.5% $87 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $338,000 -- $88 / 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
2024 $8,496 $418,700 $69,300 $349,400
2023 $8,496 $418,700 $69,300 $349,400
2022 $7,818 $371,700 $63,000 $308,700
2021 $8,174 $353,100 $63,000 $290,100
2020 $8,174 $348,100 $63,000 $285,100
2019 $7,346 $316,200 $54,600 $261,600
2018 $6,838 $316,200 $54,600 $261,600
2017 $7,852 $351,200 $50,400 $300,800
2016 $7,431 $332,200 $50,400 $281,800
2015 $7,457 $333,032 $50,400 $282,632
2014 $7,262 $333,032 $50,400 $282,632
2013 $7,016 $333,032 $50,400 $282,632
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nonmember NONMEMBER

    NONMEMBER

  • Margaret Jenkins

    Seller's Agent in 2024

    Margaret Jenkins

    SKOGMAN REALTY

    (319) 389-0723

    54 Total Sales

    Margaret Jenkins
    Section Image
  • Rachel Koth

    Buyer's Agent in 2024

    Rachel Koth

    Keller Williams Legacy Group

    (319) 651-1963

    342 Total Sales

    Rachel Koth
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202404901

Iowa City Area Association of REALTORS®

APN: 11353-52008-00000

Iowa Linn County Cedar Rapids 52402

316 Teakwood Ln NE, Cedar Rapids, IA

This home is located at 316 Teakwood Ln NE, Cedar Rapids, IA 52402 since 23 August 2024 and is currently estimated at $488,385, approximately $127 per square foot. This property was built in 2000. 316 Teakwood Ln NE is a home located in Linn County with nearby schools including Bowman Woods Elementary School, Oak Ridge School, and Linn-Mar 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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