NOT LISTED FOR SALE

396 Teakwood Ln NE Unit E Cedar Rapids, IA 52402

Estimated Value: $108,000 - $222,000

2 Beds
2 Baths
1,641 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $144,000 $88 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,392/month

2 Days on Market

Highlights

  • Deck
  • Great Room with Fireplace
  • Ranch Style House
  • Echo Hill Elementary School Rated A
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of October 2016

Stunning 2 bedroom/2 bath condominium with attached 2 car garage is conveniently located to Rockwell, restaurants and shopping. This lovely home has been recently updated throughout and is totally move-in ready! Gorgeous kitchen with quartz counter top, impeccable hardwood flooring, and beautiful gas fireplace. Great green space serene views from the back maintenance free deck and retractable awning that creates a 3-seasons room environment. Check this out today - this condo will not last long!

Last Agent to Sell the Property

Gary Doerrfeld

COLDWELL BANKER HEDGES CORRIDOR Listed on: 08/08/2016

COLDWELL BANKER HEDGES CORRIDOR

Co-Listed By

Joni Long

COLDWELL BANKER HEDGES

Last Buyer's Agent

Babs Haggin

IOWA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,952

Year Built

  • 1999

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,952

Year Built

1999

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 883
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2952
  • List User Cell Phone: 319-981-2983
  • Low Lvl Fin Sq Ft: 758
  • Miscellaneous: Deck
  • Net Tax: 2952
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99310
  • Ratio Close Price By Original Li: 0.99310
  • Ratio Current Price By Sq Ft: 163.08
  • Total Sq Ft: 1641
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range
  • Additional Room: Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 1
  • Fireplace Features: Gas, Great Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 342

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120
  • Association: Yes

Schools

  • Elementary School: Westfield
  • Middle School: Linn Mar
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Oct 15, 2016
Sold by
Pannkuk Robert E and Pannkuk Leslea Joy
Bought by
Bakken James S and Bakken Ella J
Seller's Agent
Gary Doerrfeld
COLDWELL BANKER HEDGES CORRIDOR
Buyer's Agent
Babs Haggin
IOWA REALTY
List Price
$145,000
Sold Price
$144,000
Premium/Discount to List
-$1,000
-0.69%
Total Days on Market
2
Current Estimated Value
$177,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,964
Avg. Annual Appreciation
2.54%

Purchase Details

Closed on
Sep 4, 2013
Sold by
Benton Beryl E and Benton Steven S
Bought by
Pannkuk Robert E and Pannkuk Leslea Joy
Source: Public Records

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Range of Values:

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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
Bakken James S $144,000 None Available
Pannkuk Robert E $130,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2016 10/17/16 Sold $144,000 -0.7% $88 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $145,000 -- $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 $3,320 $151,400 $22,000 $129,400
2022 $3,216 $145,300 $22,000 $123,300
2021 $3,392 $145,300 $22,000 $123,300
2020 $3,392 $144,500 $22,000 $122,500
2019 $3,356 $144,500 $22,000 $122,500
2018 $3,198 $144,500 $22,000 $122,500
2017 $2,791 $125,700 $8,000 $117,700
2016 $2,791 $124,800 $8,000 $116,800
2015 $2,596 $131,846 $8,000 $123,846
2014 $2,952 $131,846 $8,000 $123,846
2013 $2,662 $131,846 $8,000 $123,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1608346

Cedar Rapids Area Association of REALTORS®

APN: 11344-76002-01004