NOT LISTED FOR SALE

3720 Timberline Dr NE Unit 3 Cedar Rapids, IA 52402

Estimated Value: $159,000 - $179,000

2 Beds
2 Baths
1,356 Sq Ft
$165/mo HOA Fee

Last Sold October 19, 2016

Last sale price $114,000 $84 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,317/month

48 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of October 2016

AGGRESSIVELY PRICED LOCAL BANK REPO OFFERING TONS OF EXTRAS! VAULTED CEILINGS, GAS FIREPLACE, FORMAL DINING, LARGE KITCHEN, HUGE MASTER SUITE WITH WALK-IN CLOSET, TWO CAR ATTACHED GARAGE AND MORE! SECLUDED SETTING IN A PRIVATE, DESIRABLE LOCATION. WON'T LAST!

Last Listed By

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 08/03/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,842

Year Built

  • 1987

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,356 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,842

Year Built

1987

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1356
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2842
  • List User Cell Phone: 319-981-3702
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 2590
  • Other: Repo
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95040
  • Ratio Close Price By Original Li: 0.95040
  • Ratio Current Price By Sq Ft: 84.07
  • Total Sq Ft: 1356
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 165
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: Irregular

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Oct 11, 2016
Sold by
Deer Creek West Condominium Association
Bought by
Linn Area Credit Union
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Jean Perkins
SKOGMAN REALTY
List Price
$119,950
Sold Price
$114,000
Premium/Discount to List
-$5,950
-4.96%
Total Days on Market
48
Current Estimated Value
$166,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,008
Avg. Annual Appreciation
4.47%
Original Mortgage
$108,300
Outstanding Balance
$88,034
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$77,974

Purchase Details

Listed on
Aug 3, 2016
Closed on
Oct 7, 2016
Sold by
Linn Area Credit Union
Bought by
Klosterman Bridget
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Jean Perkins
SKOGMAN REALTY
List Price
$119,950
Sold Price
$114,000
Premium/Discount to List
-$5,950
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Outstanding Balance
$88,034
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$77,974

Purchase Details

Listed on
May 18, 2012
Closed on
Nov 21, 2012
Sold by
Rozek Gary R and Gary R Rozek Trust
Bought by
Siegrist Lori S
Seller's Agent
Sara Vancura
SKOGMAN REALTY
Buyer's Agent
Kevin Heinbuch
WHY USA EASTERN IOWA REALTY
List Price
$139,000
Sold Price
$119,900
Premium/Discount to List
-$19,100
-13.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.29%
Original Mortgage
$95,920
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2007
Sold by
White Mary A
Bought by
Eganhouse Gerald R and Eganhouse Barbara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2005
Sold by
Creeden Carol L
Bought by
White Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,806
Interest Rate
5.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 2003
Sold by
Curless Michael A
Bought by
Creeden Carol L

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
Linn Area Credit Union -- None Available
Klosterman Bridget $114,000 None Available
Siegrist Lori S $120,000 None Available
Eganhouse Gerald R $117,500 None Available
White Mary A $127,000 --
Creeden Carol L $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klosterman Bridget $108,300
Previous Owner Siegrist Lori S $95,920
Previous Owner Eganhouse Gerald R $94,400
Previous Owner Creeden Carol L $36,806
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $114,000 -5.0% $84 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $119,950 0.0% $88 / Sq Ft
11/27/2012 11/27/12 Sold $119,900 -13.7% $88 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $139,000 -- $103 / 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 $2,728 $159,400 $24,000 $135,400
2022 $2,362 $138,200 $22,000 $116,200
2021 $2,518 $123,000 $18,000 $105,000
2020 $2,518 $122,700 $18,000 $104,700
2019 $2,462 $122,700 $18,000 $104,700
2018 $2,316 $122,700 $18,000 $104,700
2017 $2,602 $119,500 $11,000 $108,500
2016 $2,539 $119,500 $11,000 $108,500
2015 $2,354 $120,050 $11,000 $109,050
2014 $2,370 $112,014 $11,000 $101,014
2013 $2,146 $112,014 $11,000 $101,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1608265

Cedar Rapids Area Association of REALTORS®

APN: 14082-52002-01002