NOT LISTED FOR SALE

3325 Franbrook Terrace NW Cedar Rapids, IA 52405

Estimated Value: $186,000 - $206,649

3 Beds
1.5 Baths
1,618 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $126,500 $78 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,268/month

119 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Living Room
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of February 2020

THE WAY YOU LIKE IT WHEN YOU BUY. Truly ready to move in to. 3 bedrooms, large living room, great kitchen with all the appliances breakfast bar and dining area. Lower level has a rec room and large storage area. NEW ELECTRICAL SERVICE with HVAC and water heater in good shape too. You will enjoy the large covered deck. Drive has area to turn around to pull forward on to street. Affordable quality home in SOLID neighborhood near school and shopping PRICED TO SELL.

Last Agent to Sell the Property

Steve Erusha

IOWA REALTY Listed on: 09/11/2019

Last Buyer's Agent

Cory Rath

KW Advantage

KW Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,636

Year Built

  • 1965

Lot Details

  • Lot Dimensions are 60 x 110

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Living Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,636

Year Built

1965

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1118
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2636
  • House Size: 26X43
  • List User Cell Phone: 319-360-0041
  • Low Lvl Fin Sq Ft: 500
  • Net Tax: 2452
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.92674
  • Ratio Current Price By Sq Ft: 113.15
  • Total Sq Ft: 1618
  • Taxable Value Tv: 128900.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking
  • Garage Size: 16X22

Utilities

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

Schools

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

Lot Info

  • Lot Size: 60 X 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Feb 17, 2020
Sold by
Tipton Gary R and Tipton Laurie L
Bought by
Blackford Shane
Seller's Agent
Steve Erusha
IOWA REALTY
Buyer's Agent
Cory Rath
KW Advantage
List Price
$136,500
Sold Price
$126,500
Premium/Discount to List
-$10,000
-7.33%
Current Estimated Value
$195,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,912
Avg. Annual Appreciation
8.11%
Original Mortgage
$113,850
Outstanding Balance
$100,613
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$94,799
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
Blackford Shane $126,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackford Shane $113,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $126,500 0.0% $78 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
12/18/2019 12/18/19 Price Changed $126,500 -2.6% $78 / Sq Ft
10/15/2019 10/15/19 Price Changed $129,900 -4.8% $80 / Sq Ft
09/11/2019 09/11/19 For Sale $136,500 -- $84 / 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
2025 $2,778 $186,900 $35,500 $151,400
2024 $2,896 $167,500 $30,900 $136,600
2023 $2,896 $167,500 $30,900 $136,600
2022 $2,680 $146,200 $30,900 $115,300
2021 $2,730 $138,300 $27,800 $110,500
2020 $2,730 $132,300 $24,700 $107,600
2019 $2,452 $125,500 $24,700 $100,800
2018 $2,378 $125,500 $24,700 $100,800
2017 $2,545 $120,000 $24,700 $95,300
2016 $2,545 $123,100 $24,700 $98,400
2015 $2,491 $120,365 $24,682 $95,683
2014 $2,306 $120,365 $24,682 $95,683
2013 $2,250 $120,365 $24,682 $95,683
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steve Erusha

    IOWA REALTY

  • Cory Rath

    Buyer's Agent in 2020

    Cory Rath

    KW Advantage

    (319) 329-2679

    273 Total Sales

    Cory Rath
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1906823

Cedar Rapids Area Association of REALTORS®

APN: 14303-32014-00000

Iowa Linn County Cedar Rapids 52405

3325 Franbrook Terrace NW, Cedar Rapids, IA

This home is located at 3325 Franbrook Terrace NW, Cedar Rapids, IA 52405 since 11 September 2019 and is currently estimated at $195,412, approximately $120 per square foot. This property was built in 1965. 3325 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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