NOT LISTED FOR SALE

3316 Franbrook Terrace NW Cedar Rapids, IA 52405

Estimated Value: $186,000 - $213,000

3 Beds
2 Baths
1,721 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $128,800 $75 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,361/month

60 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Ranch Style House
  • Eat-In Kitchen
  • Patio

About This Home

As of June 2013

This is a cute and clean ranch on the Northwest side with over 1700 square feet finished!! On the main level there are 3 bedrooms with large closets and a spacious full bath. The kitchen has ceramic tile and generous space. The lower level includes a large rec room, a dry bar, built ins and a bonus room currently being used as a bedroom. There is an additional full bath in the lower level too which is not so common in this price range. The roof is only 7 years old and the insulation was added to as well. The oversized 2 stall is also a nice benefit of this home. Great neighborhood and location that is walking distance to schools, church and parks. Whether you are a first time buyer, downsizing or just don't want to rent anymore, this is the home for you. Seller offering an HSA one year home warranty!

Last Agent to Sell the Property

Nikki Smith

SKOGMAN REALTY Listed on: 03/03/2013

Last Buyer's Agent

Stacie Johnson

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,221

Year Built

  • 1964

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 62 x 110

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,221

Year Built

1964

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1001
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2221
  • List User Cell Phone: 319-310-6192
  • Low Lvl Fin Sq Ft: 720
  • Miscellaneous: Cable Ready, Home Warranty, Patio
  • Net Tax: 2078
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.97947
  • Ratio Current Price By Sq Ft: 128.67
  • Total Sq Ft: 1721
  • Tax Roll Number: 143033102100000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 576

Utilities

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

Schools

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

Lot Info

  • Lot Size: 62 X 110

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2013
Closed on
Jun 4, 2013
Sold by
Wood Jason William and Wood Sara L
Bought by
Baker Robert J and Spivey Jessica
Seller's Agent
Nikki Smith
SKOGMAN REALTY
Buyer's Agent
Stacie Johnson
eXp Realty
List Price
$131,500
Sold Price
$128,800
Premium/Discount to List
-$2,700
-2.05%
Current Estimated Value
$203,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,810
Avg. Annual Appreciation
3.67%
Original Mortgage
$125,152
Outstanding Balance
$90,096
Interest Rate
3.38%
Mortgage Type
FHA
Estimated Equity
$109,208

Purchase Details

Closed on
Jun 20, 2001
Sold by
Kadlec Laura Marie and Kadlec Laura M
Bought by
Wood Jason and Wood Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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Average Value
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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
Baker Robert J $129,000 None Available
Wood Jason $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Robert J $125,152
Previous Owner Wood Jason William $75,000
Previous Owner Wood Jason $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2013 06/06/13 Sold $128,800 -2.1% $75 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
03/03/2013 03/03/13 For Sale $131,500 -- $76 / 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 $2,842 $170,700 $31,900 $138,800
2022 $2,636 $147,000 $31,900 $115,100
2021 $2,694 $139,600 $28,700 $110,900
2020 $2,694 $134,000 $25,500 $108,500
2019 $2,486 $127,100 $25,500 $101,600
2018 $2,412 $127,100 $25,500 $101,600
2017 $2,491 $121,600 $25,500 $96,100
2016 $2,491 $120,500 $25,500 $95,000
2015 $2,389 $115,624 $25,544 $90,080
2014 $2,204 $115,624 $25,544 $90,080
2013 $2,152 $115,624 $25,544 $90,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1301437

Cedar Rapids Area Association of REALTORS®

APN: 14303-31021-00000