NOT LISTED FOR SALE

3531 Timber Ridge Trail Cedar Rapids, IA 52411

Estimated Value: $574,000 - $689,000

4 Beds
3.5 Baths
3,570 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $382,000 $107 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,961/month

14 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Hydromassage or Jetted Bathtub
  • Recreation Room
  • Vaulted Ceiling
  • Den

About This Home

As of November 2015

Here is the beautiful updated close-in wooded acreage you have been seeking. Incredible updates since 2014 from top to bottom (see Update and Improvement List attached). Vaulted ceilings and window walls overlooking private wooded grounds; new carpet, oak and tile flooring, new interior paint, hardware, light fixtures, and rich quartz kitchen countertops. This just sparkles. Delightful spaces to relax and entertain family and friends. Large rear deck is perfect for autumnal leaf and wildlife watching. The hard to find 4 car attached garage has plenty of storage for your vehicles and toys. One year HSA buyer warranty and quick possession to boot. Move in now so you can enjoy the fall colors and the holidays in your new home! Easy access to I-380.

Last Listed By

Jill Gustin

SKOGMAN REALTY Listed on: 09/24/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,182

Year Built

  • 1993

Lot Details

  • Cul-De-Sac
  • Fenced
  • Wooded Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Home Security System
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Water Softener Leased
  • Septic System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,182

Year Built

1993

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 2720
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 6182
  • List User Cell Phone: 319-360-0440
  • Low Lvl Fin Sq Ft: 850
  • Miscellaneous: Cable Ready, Deck, Fencing, Home Warranty, Jetted Tub, Patio, Satellite Dish, Security System, Vaulted Ceiling
  • Net Tax: 6040
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98201
  • Ratio Close Price By Original Li: 0.98201
  • Ratio Current Price By Sq Ft: 140.44
  • R Value Ceiling: 40.0000
  • R Value Sidewalls: 20.0000
  • Total Sq Ft: 3570
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener – Lease
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Den/Study, Living Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Family Room, Gas, Wood Burning, Living Room
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Aluminum, Partial Brick

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached
  • Garage Size: 1178

Utilities

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

Schools

  • Elementary School: Alburnett
  • Middle School: Alburnett
  • High School: Alburnett

Lot Info

  • Lot Size: 2.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2016
Sold by
Wilhelm Alan
Bought by
Wilhelm Cassandra
Total Days on Market
14
Current Estimated Value
$615,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2015
Closed on
Nov 25, 2015
Sold by
Spitz Stephen R and Spitz Susan E
Bought by
Wilhelm Alan and Wilhelm Cassandra
Seller's Agent
Jill Gustin
SKOGMAN REALTY
Buyer's Agent
Nicki Kramer
Pinnacle Realty LLC
List Price
$389,000
Sold Price
$382,000
Premium/Discount to List
-$7,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$282,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jul 25, 2014
Sold by
Southgate Roger E and Southgate Lynn S
Bought by
Spitz Stephen R and Spitz Susan E
Seller's Agent
Sharon Clore
IOWA REALTY
Buyer's Agent
Scott Barcz
SKOGMAN REALTY
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$261,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1999
Sold by
Byers Craig M and Byers Susan M
Bought by
Southgate Roger E and Southgate Lynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.75%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Sika Ltd Partnership
Bought by
Buyers Craig M and Byers Susan M

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
Wilhelm Cassandra -- None Available
Wilhelm Alan $382,000 None Available
Spitz Stephen R $355,000 None Available
Southgate Roger E $287,500 --
Buyers Craig M $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilhelm Cassandra $360,000
Closed Wilhelm Cassandra $40,000
Closed Wilhelm Cassandra $41,000
Closed Wilhelm Cassandra $30,000
Closed Wilhelm Cassandra $282,500
Closed Wilhelm Alan $282,000
Previous Owner Spitz Stephen R $261,000
Previous Owner Southgate Roger E $135,000
Previous Owner Southgate Roger E $157,846
Previous Owner Southgate Roger E $119,104
Previous Owner Southgate Roger E $230,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $382,000 -1.8% $107 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $389,000 +9.6% $109 / Sq Ft
08/06/2014 08/06/14 Sold $355,000 -6.6% $100 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $379,900 -- $107 / 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 $6,168 $552,100 $112,600 $439,500
2022 $6,118 $431,100 $112,600 $318,500
2021 $6,530 $431,100 $112,600 $318,500
2020 $6,530 $434,600 $112,600 $322,000
2019 $5,672 $434,600 $112,600 $322,000
2018 $5,482 $409,700 $112,600 $297,100
2017 $5,636 $380,700 $112,600 $268,100
2016 $5,818 $380,700 $112,600 $268,100
2015 $5,818 $378,100 $112,600 $265,500
2014 $6,040 $378,100 $112,600 $265,500
2013 $5,898 $378,100 $112,600 $265,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1590443

Cedar Rapids Area Association of REALTORS®

APN: 11183-01003-00000