NOT LISTED FOR SALE

4050 Timberland Dr NW Cedar Rapids, IA 52405

Estimated Value: $594,000 - $645,830

3 Beds
3.5 Baths
3,511 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $470,000 $134 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,038/month

59 Days on Market

Highlights

  • Docks
  • Waterfront
  • Pond
  • John F. Kennedy High School Rated A-
  • Deck
  • Recreation Room

About This Home

As of November 2019

One of a kind property. This meets everyone's wish list. 3 bedroom, 3 1/2 bath house... check. 3 car heated attached garage... check. SIX car detached garage... check. 3 decks, including one that wraps around the entire side and back of the house for your relaxing pleasure... check. Stocked and spring fed pond... check. Almost SEVEN acres IN TOWN... check. Don't let the driveway scare you; it's heated so there's no issue of being snowed in. Unless you want to be, then just turn the driveway heating elements

Last Agent to Sell the Property

Amy Eaton

Keller Williams Legacy Group Listed on: 07/10/2019

Keller Williams Legacy Group

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,288

Year Built

  • Built in 1991

Lot Details

  • 6.87 Acre Lot
  • Waterfront
  • Open Lot
  • Sloped Lot
  • Wooded Lot
  • Private Yard

Parking

  • 3 Parking Spaces

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Solarium
  • Screened Porch
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Docks
  • Pond
  • Stream or River on Lot
  • Balcony
  • Deck
  • Patio
  • Outbuilding
  • Outdoor Gas Grill

Schools

  • Jackson Elementary School
  • Taft Middle School
  • Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private or Community Septic Tank
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • Clinton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13133-51005-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,288

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3511
  • Homebuilder: unknown
  • Owner Name L F Mi: Jones
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: off and throw another log in the fireplace. This is a prime entertaining house in an amazing location and ready for new people to love it. Immediate possession available. Co-listed with Nicki Kramer 3199812889
  • Year Built: 1991
  • Tax Year Report: 5840
  • Subdivision: Clinton
  • Directions: Rogers road to Timberland. At the top of the hill don't turn left onto Timberland Ct. Continue driving forward. When it looks like you're about to drive off the face of the Earth, you will be greeted by the driveway to this property.
  • L O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, Wood Burning
  • Interior R: Bookcases, Cable Available, Ceiling-9+ ft, Foyer-Entrance, Foyer-2 Story, Skylight, Vaulted Ceiling, Wet Bar
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Island, Pantry, Kit/Dining Rm Comb
  • Lot Description R: 5+ Acres, Dock or Dock Rights, Open Land, Pond, Private Backyard, Sloping, Stream/Creek/River, Waterfront, Wooded
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: One of a kind property. This meets everyone's wish list. 3 bedroom, 3 1/2 bath house... check. 3 car heated attached garage... check. SIX car detached garage... check. 3 decks, including one that wraps around the entire side and back of the house for your relaxing pleasure... check. Stocked and spring fed pond... check. Almost SEVEN acres IN TOWN... check. Don't let the driveway scare you; it's heated so there's no issue of being snowed in. Unless you want to be, then just turn the driveway heating elements
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Double Oven, Wall Oven, Refrigerator, Dryer, Satellite Dish, Washer
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 2736
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 775
  • Laundry Location: Laundry Room, 1st Floor, Main
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Brick
  • ExteriorFeatures: Balcony, Deck, Gas Grill, Outbuildings, Patio, Porch, Screen Porch

Garage/Parking

  • Parking Spaces: 3 Cars, 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Septic
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: Jackson
  • Middle School: Taft
  • High School: Kennedy
  • High School: Kennedy
  • Jr Middle School: Taft
  • Elementary School: Jackson

Lot Info

  • Acreage: 6.87
  • Geo Subdivision: IA
  • Lot Dimensions: 6.87A
  • Zoning: residential

Tax Info

  • Gross Tax County City: 5965
  • Assessor Parcel Number: 13133-51005-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Nov 5, 2019
Sold by
Jones Jason C and Jones Robin C
Bought by
Loeffler Patrick J and Loeffler Kimberly A
Seller's Agent
Amy Eaton
Keller Williams Legacy Group
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Total Days on Market
59
Current Estimated Value
$628,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,458
Avg. Annual Appreciation
5.34%
Original Mortgage
$47,000
Outstanding Balance
$23,585
Interest Rate
3.5%
Mortgage Type
Stand Alone Second
Estimated Equity
$605,377

Purchase Details

Closed on
Oct 16, 2009
Sold by
Jones Robin C and Jones Jason C
Bought by
Jones Jason C and Jones Robin C

Purchase Details

Closed on
Jan 9, 2009
Sold by
Valentine G Douglas and Valentine Sandra
Bought by
Jones Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.44%
Mortgage Type
Purchase Money Mortgage
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
Loeffler Patrick J $470,000 None Available
Jones Jason C -- None Available
Jones Robin C $374,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeffeler Patrick J $47,000
Open Loeffler Patrick J $423,000
Previous Owner Jones Jason C $20,000
Previous Owner Jones Jason C $338,000
Previous Owner Jones Jason C $344,000
Previous Owner Jones Jason C $20,000
Previous Owner Jones Robin C $300,000
Previous Owner Jones Jason C $56,250
Previous Owner Valentine G Douglas $401,200
Previous Owner Valentine G Douglas $327,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $470,000 -6.0% $134 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $500,000 -- $142 / Sq Ft
Source: Iowa City 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 $6,288 $529,400 $80,300 $449,100
2022 $6,202 $514,200 $146,000 $368,200
2021 $6,084 $514,200 $146,000 $368,200
2020 $6,084 $408,200 $65,000 $343,200
2019 $5,426 $379,900 $65,000 $314,900
2018 $5,300 $379,900 $65,000 $314,900
2017 $4,937 $338,500 $65,000 $273,500
2016 $4,937 $338,500 $65,000 $273,500
2015 $5,035 $338,500 $65,000 $273,500
2014 $4,834 $338,500 $65,000 $273,500
2013 $4,736 $338,500 $65,000 $273,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20194384

Iowa City Area Association of REALTORS®

APN: 13133-51005-00000