NOT LISTED FOR SALE

325 Teakwood Ln NE Cedar Rapids, IA 52402

Estimated Value: $394,000 - $463,000

5 Beds
4.5 Baths
3,536 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $302,500 $86 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,103/month

293 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Den
  • Oak Ridge School Rated A-
  • Great Room with Fireplace
  • Formal Dining Room

About This Home

As of March 2020

Featuring over 3,500 sq. Ft., 5 Bed/5Bath, a great location (CR address but is Linn Mar district), close to restaurants, shopping and the interstate for convenience. You'll be captivated by the granite tops, cherry cabinets, Brazilian floors and many other custom features of this former Skogman Model Home. The Master Bedroom is sizable w/ attached Master Bath En-Suite comprised of Large Tiled Shower and Soaking Tub. Don't forget the fenced in backyard perfect for entertaining with mature trees for shade and a fire pit. Home offers significant finished Lower Level living space, a Den off of the foyer for an office space, custom built-ins, a sprinkler system and home is wired for sound. If you like more space and more privacy, Missing an opportunity to see this home would be a tragedy, especially considering the added value of the additional Parcel of land which is included and brings the total land to over .4 Acres!

Last Agent to Sell the Property

Chassy Pollard

Pinnacle Realty LLC Listed on: 03/29/2019

Last Buyer's Agent

Chassy Pollard

Pinnacle Realty LLC Listed on: 03/29/2019

Home Details

Home Type

  • Single Family

Year Built

  • 2006

Lot Details

  • 0.41 Acre Lot
  • Fenced
  • Irrigation

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Year Built

2006

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.4080
  • Above Grade Finished Sq Ft: 2903
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 4.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 7601
  • List User Cell Phone: 319-720-5700
  • Low Lvl Fin Sq Ft: 633
  • Miscellaneous: Cable Ready, Deck, Fencing, Irrigation System, Sound System
  • Net Tax: 7601
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93077
  • Ratio Close Price By Original Li: 0.93077
  • Ratio Current Price By Sq Ft: 104.20
  • Total Sq Ft: 3536
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Great Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Gas, Great Room
  • Level 2 Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 11

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 669

Utilities

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

Schools

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

Lot Info

  • Lot Size: .408 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Mar 16, 2020
Sold by
Wilson Brandon J and Wilson Lilianna H
Bought by
Valles Susana and Valles Zamora Junn
Seller's Agent
Chassy Pollard
Pinnacle Realty LLC
Buyer's Agent
Chassy Pollard
Pinnacle Realty LLC
List Price
$325,000
Sold Price
$302,500
Premium/Discount to List
-$22,500
-6.92%
Total Days on Market
293
Current Estimated Value
$438,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,906
Avg. Annual Appreciation
7.24%
Original Mortgage
$287,375
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2013
Sold by
Midwest Development Co
Bought by
Wilson Brandon J and Wilson Lilianna H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Valles Susana $302,500 River Ridge Escrow Co
Wilson Brandon J $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valles Zamora Juan E $287,000
Closed Valles Susana $287,375
Previous Owner Wilson Brandon J $35,000
Previous Owner Wilson Brandon J $25,000
Previous Owner Wilson Brandon J $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $302,500 -6.9% $86 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
03/29/2019 03/29/19 For Sale $325,000 -- $92 / 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 $7,700 $405,300 $75,500 $329,800
2022 $7,200 $345,800 $68,700 $277,100
2021 $8,286 $325,200 $68,700 $256,500
2020 $8,286 $352,900 $68,700 $284,200
2019 $7,760 $334,000 $59,500 $274,500
2018 $7,428 $334,000 $59,500 $274,500
2017 $7,428 $320,400 $54,900 $265,500
2016 $7,084 $316,700 $54,900 $261,800
2015 $7,156 $319,559 $54,943 $264,616
2014 $7,156 $319,559 $54,943 $264,616
2013 $6,918 $319,559 $54,943 $264,616
Source: Public Records

Agents Affiliated with this Home

  • Chassy Pollard

    Seller's Agent in 2020

    Chassy Pollard

    Pinnacle Realty LLC

    (319) 720-5700

    182 Total Sales

    Chassy Pollard
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1902166

Cedar Rapids Area Association of REALTORS®

APN: 11353-51027-00000

Iowa Linn County Cedar Rapids 52402

325 Teakwood Ln NE, Cedar Rapids, IA

This home is located at 325 Teakwood Ln NE, Cedar Rapids, IA 52402 since 29 March 2019 and is currently estimated at $438,406, approximately $123 per square foot. This property was built in 2006. 325 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.

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.
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