431 Teakwood Ln NE Cedar Rapids, IA 52402
Estimated payment $2,074/month
Highlights
- Above Ground Pool
- Deck
- 2 Car Attached Garage
- Echo Hill Elementary School Rated A
- Great Room
- Eat-In Kitchen
About This Home
This spacious split-level home on the NE side of Cedar Rapids offers over 2,700 finished square feet, 3 bedrooms, and 2.5 baths. Designed with multiple levels, this home provides flexible living spaces for everyone—whether you’re looking for a cozy family room, a quiet office nook, or areas to entertain. The main level features a bright and open layout that flows into the dining space and kitchen. A few steps up, you’ll find comfortable bedrooms with plenty of closet space. Downstairs, an additional living area is perfect for movie nights or game day gatherings. Enjoy the outdoors from the large back deck, overlooking a private yard with room to relax or host. A 2-stall garage adds extra convenience. Situated near Collins Aerospace, shopping, grocery stores, and restaurants, this home offers both space and location in one great package.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,193
Year Built
- Built in 1979
Lot Details
- 0.3 Acre Lot
- Fenced
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Split Level Home
- Poured Concrete
- Frame Construction
- Vinyl Siding
- Stone
Interior Spaces
- Multi-Level Property
- Wood Burning Fireplace
- Great Room
- Family Room
- Living Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
Outdoor Features
- Above Ground Pool
- Deck
- Patio
Schools
- Westfield Elementary School
- Oak Ridge Middle School
- Linn Mar High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 113447700300000
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,322 | $307,000 | $56,800 | $250,200 |
| 2024 | $5,800 | $271,600 | $48,400 | $223,200 |
| 2023 | $5,800 | $271,600 | $48,400 | $223,200 |
| 2022 | $5,162 | $253,800 | $44,200 | $209,600 |
| 2021 | $5,064 | $233,200 | $44,200 | $189,000 |
| 2020 | $5,064 | $215,700 | $37,900 | $177,800 |
| 2019 | $4,704 | $211,000 | $37,900 | $173,100 |
| 2018 | $4,498 | $211,000 | $37,900 | $173,100 |
| 2017 | $4,498 | $206,100 | $37,900 | $168,200 |
| 2016 | $4,611 | $206,100 | $37,900 | $168,200 |
| 2015 | $4,339 | $193,724 | $25,235 | $168,489 |
| 2014 | $4,268 | $193,724 | $25,235 | $168,489 |
| 2013 | $4,152 | $193,724 | $25,235 | $168,489 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2025 11/16/25 | Price Changed | $295,000 | -1.6% | $107 / Sq Ft |
| 10/25/2025 10/25/25 | Price Changed | $299,900 | -1.7% | $109 / Sq Ft |
| 10/03/2025 10/03/25 | Price Changed | $305,000 | -3.2% | $110 / Sq Ft |
| 09/20/2025 09/20/25 | Price Changed | $315,000 | -3.1% | $114 / Sq Ft |
| 09/06/2025 09/06/25 | Price Changed | $325,000 | -3.0% | $118 / Sq Ft |
| 08/22/2025 08/22/25 | For Sale | $335,000 | -- | $121 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | None Available | |
| Warranty Deed | $161,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $159,852 | Adjustable Rate Mortgage/ARM | |
| Closed | $39,961 | Stand Alone Second | |
| Previous Owner | $153,900 | Credit Line Revolving |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2507230
APN: 11344-77003-00000
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