NOT LISTED FOR SALE

3814 Terrace Hill Dr NE Cedar Rapids, IA 52402

Estimated Value: $225,000 - $243,000

5 Beds
2.5 Baths
1,935 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $169,900 $88 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,560/month

7 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Detached Garage
  • John F. Kennedy High School Rated A-
  • Den
  • Living Room

About This Home

As of June 2019

SPACIOUS RANCH IN DESIRABLE NE LOCATION, WALKING DISTANCE TO SCHOOLS. LARGE 4-SEASON PORCH OVERLOOKING FENCED WOODED YARD. LARGE MASTER BEDROOM W/BATH. MAIN OR LOWER FLOOR LAUNDRY. CUSTOM KITCHEN CABINETS. LOWER LEVEL FEATURES FINISHED THEATER/REC ROOM, READING ROOM/LIBRARY, TWO NON-CONFORMING BEDROOMS. NEWER FLOORING. TONS OF STORAGE SPACE THROUGHOUT.

Last Agent to Sell the Property

Bryan Curtis

SRE Matrix Iowa LLC Listed on: 05/08/2019

Last Buyer's Agent

Cal Ernst

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,733

Year Built

  • 1959

Lot Details

  • 8,146 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Whole House Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,733

Year Built

1959

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1870
  • Above Grade Finished Sq Ft: 1428
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2733
  • List User Cell Phone: 515-770-2491
  • Low Lvl Fin Sq Ft: 507
  • Miscellaneous: Deck, Fencing, Whole House Fan
  • Net Tax: 2550
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 118.98
  • Total Sq Ft: 1935
  • Taxable Value Tv: 137600.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Appliances Included: Dishwasher, Hood Fan, Range, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 2nd Floor Laundry, 4 Seasons, Den/Study, Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 12

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 440

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 8125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 19, 2019
Sold by
Olson Eric A and Olson Dodi J
Bought by
Mather Cody D and Mather Celia C
Seller's Agent
Bryan Curtis
SRE Matrix Iowa LLC
Buyer's Agent
Cal Ernst
Realty87
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$232,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,806
Avg. Annual Appreciation
4.93%
Original Mortgage
$135,920
Outstanding Balance
$121,855
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$105,471

Purchase Details

Closed on
May 7, 2013
Sold by
Olson Eric A and Olson Dodi J
Bought by
University Of Iowa Community Credit Unio and U Of I Community Credit Union

Purchase Details

Closed on
Jun 27, 2006
Sold by
Powell Bradley M and Powell Tammy L
Bought by
Olson Eric A and Olson Dodi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,010
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 2001
Sold by
Brecke Carolyn M and Davis Ethel Marie
Bought by
Powell Bradley M and Powell Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.91%
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
Mather Cody D $170,000 None Available
University Of Iowa Community Credit Unio $18,700 None Available
Olson Eric A $144,500 None Available
Powell Bradley M $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mather Cody D $0
Open Mather Cody D $135,920
Closed Mather Cody D $33,980
Previous Owner Olson Eric A $124,800
Previous Owner Olson Eric A $19,250
Previous Owner Olson Eric A $137,695
Previous Owner Olson Eric A $143,010
Previous Owner Powell Bradley M $28,398
Previous Owner Powell Bradley M $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $169,900 0.0% $88 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $169,900 -- $88 / 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 $3,300 $194,800 $37,000 $157,800
2022 $3,010 $165,300 $32,200 $133,100
2021 $3,062 $154,300 $30,600 $123,700
2020 $3,062 $147,400 $27,300 $120,100
2019 $2,628 $130,400 $25,700 $104,700
2018 $2,550 $130,400 $25,700 $104,700
2017 $2,550 $125,600 $25,700 $99,900
2016 $2,605 $122,600 $25,700 $96,900
2015 $2,659 $124,942 $28,958 $95,984
2014 $2,474 $124,942 $28,958 $95,984
2013 $2,416 $124,942 $28,958 $95,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903401

Cedar Rapids Area Association of REALTORS®

APN: 14092-31002-00000