NOT LISTED FOR SALE

3208 Franbrook Terrace NW Cedar Rapids, IA 52405

Estimated Value: $206,000 - $221,000

4 Beds
1.5 Baths
1,548 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $175,000 $113 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,432/month

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Fenced

About This Home

As of September 2022

This home is located at 3208 Franbrook Terrace NW, Cedar Rapids, IA 52405 since 11 August 2022 and is currently estimated at $212,321, approximately $137 per square foot. This property was built in 1965. 3208 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.

Last Agent to Sell the Property

Chad Gloede

RE/MAX CONCEPTS Listed on: 08/11/2022

RE/MAX CONCEPTS

Last Buyer's Agent

Chad Gloede

RE/MAX CONCEPTS Listed on: 08/11/2022

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,412

Year Built

  • 1965

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 65x110
  • Fenced

Home Design

  • Split Level Home
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,412

Year Built

1965

Lot Details

0

Listing Details

  • Style: Split Level
  • Acres: 0.1650
  • Above Grade Finished Sq Ft: 1240
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 3412
  • List User Cell Phone: 319-573-0697
  • Low Lvl Fin Sq Ft: 308
  • Miscellaneous: Deck, Fencing
  • Net Tax: 3222
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 141.13
  • Total Sq Ft: 1548
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Full, Slab
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 4
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2stall

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 65x110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 12, 2022
Sold by
Speer Shawn M and Speer Darane L
Bought by
Gloede Properties Llc
Seller's Agent
Chad Gloede
RE/MAX CONCEPTS
Buyer's Agent
Chad Gloede
RE/MAX CONCEPTS
List Price
$175,000
Sold Price
$175,000
Views
28
Current Estimated Value
$212,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,321
Avg. Annual Appreciation
6.70%
Original Mortgage
$205,000
Outstanding Balance
$195,723
Interest Rate
4.99%
Mortgage Type
Credit Line Revolving
Estimated Equity
$16,598

Purchase Details

Listed on
Apr 25, 2012
Closed on
Aug 16, 2012
Sold by
Gaines Ryan A and Gaines Amy
Bought by
Speer Shawn M and Speer Darane L
Seller's Agent
Heather Sayasit
SKOGMAN REALTY
Buyer's Agent
Amy Starr
Keller Williams Legacy Group
List Price
$149,900
Sold Price
$148,000
Premium/Discount to List
-$1,900
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%
Original Mortgage
$118,400
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 2003
Sold by
Blythe Trent G and Blythe Diane E
Bought by
Gaines Ryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,280
Interest Rate
6.06%
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
Gloede Properties Llc $175,000 --
Speer Shawn M $147,500 None Available
Gaines Ryan A $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gloede Properties Llc $205,000
Previous Owner Speer Darane L $118,400
Previous Owner Speer Shawn M $29,600
Previous Owner Gaines Ryan A $114,000
Previous Owner Gaines Ryan $116,800
Previous Owner Gaines Ryan A $116,000
Previous Owner Gaines Ryan $114,000
Previous Owner Gaines Ryan A $99,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $175,000 0.0% $113 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $175,000 +18.2% $113 / Sq Ft
08/17/2012 08/17/12 Sold $148,000 -1.3% $81 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $149,900 -- $82 / 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
2024 $3,408 $183,500 $33,500 $150,000
2023 $3,408 $183,500 $33,500 $150,000
2022 $3,158 $170,500 $33,500 $137,000
2021 $3,222 $161,400 $30,100 $131,300
2020 $3,222 $154,600 $26,800 $127,800
2019 $2,974 $146,500 $26,800 $119,700
2018 $2,888 $146,500 $26,800 $119,700
2017 $2,856 $139,700 $26,800 $112,900
2016 $2,945 $138,600 $26,800 $111,800
2015 $2,881 $135,380 $26,780 $108,600
2014 $2,696 $135,380 $26,780 $108,600
2013 $2,634 $135,380 $26,780 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207758

Cedar Rapids Area Association of REALTORS®

APN: 14303-31028-00000