NOT LISTED FOR SALE

3532 Timber Ridge Trail Cedar Rapids, IA 52411

Estimated Value: $578,000 - $600,831

5 Beds
3.5 Baths
3,971 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $345,000 $87 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,743/month

9 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Ranch Style House
  • Recreation Room
  • Vaulted Ceiling
  • Great Room with Fireplace

About This Home

As of December 2016

Gorgeous, walkout ranch home on a breathtaking 2.02 acres. Enjoy the peaceful setting and beautiful views. Hardwood floors throughout the foyer, hallway, kitchen & daily dining area. Spacious great room with gas fireplace, built-ins, & vaulted ceilings. Kitchen with breakfast bar, tile backsplash, stainless steel fridge, microwave & dishwasher, & daily dining area. Formal dining room with trey ceiling and crown molding. 4 seasons room with amazing views. Convenient main level laundry room with utility sink & lots of cabinet space & a half bath. Spacious master suite with walk-in closet, tub, shower, & dual vanity. 2 additional bedrooms & a full bath complete the main level. Walkout lower level rec room, 2 beds, bath, & bonus room. Huge 942 sf garage with back garage door for easy access to the yard, perfect for storing all your toys. 2.02 acre lot with deck, mature trees & extensive landscaping. New roof & water heater.

Last Listed By

Debra Callahan

RE/MAX CONCEPTS Listed on: 10/10/2016

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,251

Year Built

  • 1994

Lot Details

  • 2.02 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding
  • Masonry

Interior Spaces

  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Basement

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

Parking

  • 3 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,251

Year Built

1994

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 2.0200
  • Above Grade Finished Sq Ft: 2521
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 6251
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 1450
  • Miscellaneous: Cable Ready, Deck, Sound System, Vaulted Ceiling
  • Net Tax: 6117
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95833
  • Ratio Close Price By Original Li: 0.95833
  • Ratio Current Price By Sq Ft: 136.85
  • Total Sq Ft: 3971
  • Water Sewer Roads: Community Well, Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, 4 Seasons, Den/Study, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached, Drive Under
  • Garage Size: 942

Utilities

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

Schools

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

Lot Info

  • Lot Size: 2.02 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Dec 9, 2016
Sold by
Morrissey John J and Morrissey Barbara A
Bought by
Reeder Scott C and Reeder Amanda M
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Total Days on Market
9
Current Estimated Value
$587,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,208
Original Mortgage
$276,000
Outstanding Balance
$231,823
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2002
Sold by
Allen Michael D and Allen Sandra M
Bought by
Morrissey John J and Morrissey Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.22%

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
Reeder Scott C -- None Available
Morrissey John J $319,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeder Scott C $276,000
Previous Owner Morrissey John J $185,000
Previous Owner Morrissey John J $150,000
Previous Owner Morrissey John J $220,000
Closed Morrissey John J $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $345,000 -4.2% $87 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $360,000 -- $91 / 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 $5,470 $541,200 $110,200 $431,000
2022 $5,424 $391,200 $110,200 $281,000
2021 $5,814 $391,200 $110,200 $281,000
2020 $5,814 $395,600 $110,200 $285,400
2019 $5,012 $395,600 $110,200 $285,400
2018 $4,978 $370,500 $110,200 $260,300
2017 $6,251 $409,100 $110,200 $298,900
2016 $6,251 $409,100 $110,200 $298,900
2015 $6,118 $409,100 $110,200 $298,900
2014 $6,548 $409,100 $110,200 $298,900
2013 $6,392 $409,100 $110,200 $298,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1611789

Cedar Rapids Area Association of REALTORS®

APN: 11183-77005-00000