NOT LISTED FOR SALE

3231 Franbrook Terrace NW Cedar Rapids, IA 52405

Estimated Value: $220,000 - $243,000

5 Beds
3 Baths
2,193 Sq Ft
$106/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $145,000 $66 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,567/month

55 Days on Market

Highlights

  • Recreation Room
  • Great Room
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of February 2016

OPEN HOUSE 01/11/2016! 12:00 - 1:30!! Hard to find a true 5 bedroom house and 3 full bathrooms! House has newer siding, roof and windows. Fenced back yard. 2 stall garage and double driveway. Main floor and 2nd floor bathrooms have been updated. Basement has a full wet bar with oven and a 3rd bathroom. Great family home.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 11/16/2015

Realty87

Last Buyer's Agent

Michelle David

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,096

Year Built

  • 1965

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,096

Year Built

1965

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1800
  • Above Grade Finished Sq Ft: 1647
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 3096
  • List User Cell Phone: 319-270-1323
  • Low Lvl Fin Sq Ft: 546
  • Miscellaneous: 3 Seasons, Cable Ready, Fencing, Screen Porch
  • Net Tax: 3096
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.96990
  • Ratio Current Price By Sq Ft: 88.04
  • Total Sq Ft: 2193
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Disposal, Garage Door Opener, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 3 Seasons, Great Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 2 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: .18 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Feb 24, 2016
Sold by
Arment Corey A and Arment Corey
Bought by
Danielson Miranda
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Michelle David
Pinnacle Realty LLC
List Price
$149,500
Sold Price
$145,000
Premium/Discount to List
-$4,500
-3.01%
Current Estimated Value
$232,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,035
Avg. Annual Appreciation
5.15%
Original Mortgage
$142,373
Outstanding Balance
$114,720
Interest Rate
3.79%
Mortgage Type
FHA
Estimated Equity
$117,315

Purchase Details

Closed on
Jul 9, 2007
Sold by
Federal National Mortgage Association
Bought by
Arment Corey A and Dufoe Larae D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2007
Sold by
Rickertsen Troy W
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2003
Sold by
Fiala John J and Fiala Theresa K
Bought by
Rickertsen Troy W and Rickertsen Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,925
Interest Rate
5.87%
Mortgage Type
Unknown
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
Danielson Miranda -- None Available
Arment Corey A -- None Available
Federal National Mortgage Association $142,872 None Available
Rickertsen Troy W $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danielson Miranda $5,736
Closed Danielson Miranda $5,116
Open Danielson Miranda $8,680
Closed Danielson Miranda $5,311
Open Danielson Miranda $142,373
Previous Owner Arment Corey A $123,200
Previous Owner Arment Corey A $6,200
Previous Owner Arment Corey A $108,000
Previous Owner Rickertsen Troy W $124,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $145,000 -3.0% $66 / Sq Ft
01/10/2016 01/10/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $149,500 -- $68 / 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 $3,430 $189,100 $36,100 $153,000
2022 $3,174 $171,500 $36,100 $135,400
2021 $3,222 $162,200 $32,400 $129,800
2020 $3,222 $154,600 $28,800 $125,800
2019 $2,976 $146,600 $28,800 $117,800
2018 $2,890 $146,600 $28,800 $117,800
2017 $2,890 $141,200 $28,800 $112,400
2016 $3,093 $145,500 $28,800 $116,700
2015 $3,005 $141,231 $28,840 $112,391
2014 $2,820 $141,104 $28,840 $112,264
2013 $2,752 $141,104 $28,840 $112,264
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Trenkamp

    Seller's Agent in 2016

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    839 Total Sales

    Jeremy Trenkamp
    Section Image
  • Michelle David

    Buyer's Agent in 2016

    Michelle David

    Pinnacle Realty LLC

    (319) 533-0021

    142 Total Sales

    Michelle David
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1591557

Cedar Rapids Area Association of REALTORS®

APN: 14303-32010-00000

Iowa Linn County Cedar Rapids 52405

3231 Franbrook Terrace NW, Cedar Rapids, IA

This home is located at 3231 Franbrook Terrace NW, Cedar Rapids, IA 52405 since 16 November 2015 and is currently estimated at $232,035, approximately $105 per square foot. This property was built in 1965. 3231 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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