NOT LISTED FOR SALE

3849 Terrace Hill Dr NE Cedar Rapids, IA 52402

Estimated Value: $242,000 - $266,000

4 Beds
2.5 Baths
1,753 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $172,500 $98 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,633/month

3 Days on Market

Highlights

  • Sauna
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of April 2018

Owners sad to leave this 4 bedroom 2 1/2 bath home. Entering thru front door you will see plaster walls & coved ceiling with hardwood floors. Appliances remain in updated kitchen. Washer & Dryer in lower level remain Slider door off dining area to patio with retractable awning & yard with many perennials. Newer tile flooring in all baths. Upstairs, sitting room, 2 bedrooms & full bath , plus a sauna ( current owners never used sauna) Newer 26 X 32 detached garage heated, insulated and highly adequate electrical. Quick possession. Pierce, Harding and Kennedy school district.

Last Agent to Sell the Property

Jan Spratte

SKOGMAN REALTY Listed on: 03/04/2018

Last Buyer's Agent

Amy Starr

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • 1965

Home Design

  • Frame Construction

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Sauna
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Storage Shed
  • Lot Dimensions are 80 x 126

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

1965

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1563
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3100
  • List User Cell Phone: 319-573-7498
  • Low Lvl Fin Sq Ft: 190
  • Miscellaneous: Cable Ready, Sauna, Storage Shed
  • Net Tax: 2914
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00583
  • Ratio Close Price By Original Li: 1.00583
  • Ratio Current Price By Sq Ft: 110.36
  • Total Sq Ft: 1753
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Steel

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Heated Garage
  • Garage Size: 26X32

Utilities

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

Schools

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

Lot Info

  • Lot Size: 80 X 126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2018
Closed on
Apr 11, 2018
Sold by
Davis Shane M and Davis Virginia M
Bought by
Brinker Kristopher W
Seller's Agent
Jan Spratte
SKOGMAN REALTY
Buyer's Agent
Amy Starr
Keller Williams Legacy Group
List Price
$171,500
Sold Price
$172,500
Premium/Discount to List
$1,000
0.58%
Current Estimated Value
$250,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,145
Avg. Annual Appreciation
5.13%
Original Mortgage
$163,875
Outstanding Balance
$140,930
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$109,715

Purchase Details

Closed on
Apr 13, 2011
Sold by
Severson David K and Severson Mary E
Bought by
Davis Shane M and Davis Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2004
Sold by
Driscoll James M and Driscoll Sallie C
Bought by
Severson David K and Severson Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.95%
Mortgage Type
Unknown
Source: Public Records

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
Brinker Kristopher W $172,500 None Available
Davis Shane M $137,500 None Available
Severson David K $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brinker Kristopher W $163,875
Previous Owner Davis Shane M $110,400
Previous Owner Severson David K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $172,500 +0.6% $98 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $171,500 -- $98 / 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 $3,650 $238,700 $45,500 $193,200
2024 $3,302 $216,700 $41,800 $174,900
2023 $3,302 $216,700 $41,800 $174,900
2022 $3,148 $165,400 $36,400 $129,000
2021 $3,232 $160,900 $34,500 $126,400
2020 $3,232 $155,100 $30,900 $124,200
2019 $2,952 $145,500 $29,100 $116,400
2018 $2,866 $145,500 $29,100 $116,400
2017 $2,789 $142,300 $29,100 $113,200
2016 $2,789 $131,200 $29,100 $102,100
2015 $2,863 $134,572 $32,729 $101,843
2014 $2,678 $134,572 $32,729 $101,843
2013 $2,616 $134,572 $32,729 $101,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1801415

Cedar Rapids Area Association of REALTORS®

APN: 14092-30012-00000