NOT LISTED FOR SALE

511 Teakwood Ln NE Cedar Rapids, IA 52402

Estimated Value: $254,000 - $272,000

3 Beds
2.5 Baths
2,062 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $178,000 $86 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,809/month

22 Days on Market

Highlights

  • Great Room
  • Formal Dining Room
  • Eat-In Kitchen
  • Echo Hill Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of November 2015

ONE OWNER - Very well maintained - Landscaped Yard - great curb appeal - located close to Rockwell - shopping & schools - OVERSIZED HEATED GARAGE- wired for ADT security

Last Agent to Sell the Property

Sharon Clore

IOWA REALTY Listed on: 08/24/2015

Last Buyer's Agent

Renae Forsyth-Christy

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,615

Year Built

  • 1980

Home Design

  • Split Level Home
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Lot Dimensions are 80 x 120

Community Details

  • Built by Buresh

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,615

Year Built

1980

Lot Details

0

Listing Details

  • Style: Split Level
  • Above Grade Finished Sq Ft: 1468
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 3615
  • List User Cell Phone: 319-360-6396
  • Low Lvl Fin Sq Ft: 594
  • Miscellaneous: Patio
  • Net Tax: 3420
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96268
  • Ratio Close Price By Original Li: 0.96268
  • Ratio Current Price By Sq Ft: 121.25
  • Total Sq Ft: 2062
  • Tax Roll Number: 113447700900000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Great Room, Living Room
  • Basement: Partial, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Family Room, Gas
  • Level 2 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 3

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Heated Garage

Utilities

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

Schools

  • Elementary School: Echo Hill
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: 80 X 120

Building Info

  • Builder Name: Buresh

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 30, 2015
Sold by
Wheat Bennie J
Bought by
Frein Mark W and Frein Danielle R
Seller's Agent
Sharon Clore
IOWA REALTY
Buyer's Agent
Renae Forsyth-Christy
SKOGMAN REALTY
List Price
$184,900
Sold Price
$178,000
Premium/Discount to List
-$6,900
-3.73%
Current Estimated Value
$261,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,995
Avg. Annual Appreciation
3.72%
Original Mortgage
$69,000
Outstanding Balance
$55,178
Interest Rate
3.8%
Estimated Equity
$198,732
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
Frein Mark W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frein Mark W $69,000
Closed Wheat Bennie J $69,000
Open Frein Mark W $100,000
Closed Frein Danielle R $69,000
Previous Owner Wheat Bennie J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $178,000 -3.7% $86 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $184,900 -- $90 / 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 $4,338 $216,400 $44,600 $171,800
2022 $3,860 $198,700 $40,700 $158,000
2021 $3,780 $183,300 $40,700 $142,600
2020 $3,780 $169,600 $34,900 $134,700
2019 $3,962 $179,100 $34,900 $144,200
2018 $3,790 $179,100 $34,900 $144,200
2017 $3,793 $172,900 $34,900 $138,000
2016 $3,793 $172,900 $34,900 $138,000
2015 $3,615 $164,782 $23,280 $141,502
2014 $3,420 $164,782 $23,280 $141,502
2013 $3,300 $164,782 $23,280 $141,502
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sharon Clore

    IOWA REALTY

    20 Total Sales

    Section Image

  • R

    Buyer's Agent in 2015

    Renae Forsyth-Christy

    SKOGMAN REALTY

    (319) 389-5014

    43 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1506552

Cedar Rapids Area Association of REALTORS®

APN: 11344-77009-00000

Iowa Linn County Cedar Rapids 52402

511 Teakwood Ln NE, Cedar Rapids, IA

This home is located at 511 Teakwood Ln NE, Cedar Rapids, IA 52402 since 24 August 2015 and is currently estimated at $261,995, approximately $127 per square foot. This property was built in 1980. 511 Teakwood Ln NE is a home located in Linn County with nearby schools including Echo Hill Elementary School, Oak Ridge School, and Linn-Mar High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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