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223 Teakwood Ln NE, Cedar Rapids, IA, 52402

$520,000

Home List Price

$6,175*

Closing Credit

4 Bedrooms
3 Full Baths
4,832 SqFt
$108/SqFt
House

Location

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223 Teakwood Ln NE, Cedar Rapids$520,000

Buyer Closing Credits

$6,175*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Off Street, On Street, Garage Door Opener
Garage3 spaces
Year Built2001
HeatingOther, Forced Air, Natural Gas
CoolingOther, Central Air
BasementYes
FireplaceInsert, Gas
MLS #2407479
Lot Size0.45 Acres
StatusActive

About 223 Teakwood Ln NE

Custom Luxury and Comfort awaits the next owner of this lovely home, loaded with upgrades, nestled in a quiet NE side neighborhood. The Grandeur hits as soon as you enter with the formal dining to your right, perfect for family dinners or entertaining. As you proceed through the home you meet the ample space for your family to thrive. This home offers a perfect blend of elegance and timeless appeal. The ten to twelve foot ceilings , large windows, and open yet defined spaces are found found throughout the first level. This home holds a special distinction as owner is a Master Gardener and has been featured on The Master Gardners’ Tour of Cedar Rapids having 500 people to view the beautiful, well manicured back yard with built in patio, Gazebo, and stairway ( and so much more). If that weren’t enough the basement holds 2395 Sq feet of finished space, boasting hand made built ins and a full finished woodworking , Craftman’s Workshop , along with 2 large bedrooms and a huge open family room. This home is a Rare Gem. With all this square footage the owner has thought of everything including adding solar in 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2001
  • Living Area: 4,832 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER HEDGES
  • Office Phone: (319) 378-8760
  • Listing Agent: Jeannie Rice

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s), Wired for Sound
  • Fireplace: Insert, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Attached, Garage, Off Street, On Street, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Other, Forced Air, Natural Gas
  • Cooling: Other, Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000
  • Price Per SqFt: $108/SqFt

Tax Information:

  • Annual Amount: $8,124
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cedar Rapids, IA.

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Cedar Rapids, IA

City

Med. Sold Price

$198.4K

Med. Price/SqFt

$128

Avg. Days On Market

37

# of Sold Homes

151

223 Teakwood Ln NE vs Cedar Rapids

35 DAYS ON ROCKET

-2 Days

$520,000

+$321.5K More

$108/SqFt

-$20 Less

KEY TAKEAWAY

This property is $321.5K more than the Median Sold Price and $20/SqFt less than other homes in Cedar Rapids, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2407479

Listing Office:

  • Office Name: COLDWELL BANKER HEDGES
  • Office Phone: (319) 378-8760
  • Listing Agent: Jeannie Rice

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' 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 Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,124$357,900
2018$6,956$324,800

History based on county public records data.

Payment Calculator

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3485650
8
/10

  • Bowman Woods Elementary

  • 151 Boyson Rd NE

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-3485651
3
/10

  • Kenwood Leadership Academy

  • 3700 E Ave NE

  • 1.56 miles

  • Public District Grades PK-5

school-card-donut-3485652
5
/10

  • Nixon Elementary

  • 200 Nixon Dr

  • 1.72 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,075. Typical income of Cedar Rapids, IA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Cedar Rapids, IA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cedar Rapids, IA?

Cedar Rapids offers a diverse housing market with a blend of architectural styles, including classic ranch, craftsman, and contemporary homes. The housing landscape is primarily composed of single-family homes, which make up a significant portion of the market. There is also a selection of apartments and townhouses available, catering to a range of living preferences. The homeownership rate in Cedar Rapids is robust, with a majority of residents owning their homes, while a smaller percentage are renting.

Is Cedar Rapids, IA a good place to live?

Cedar Rapids is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on annual events like the Cedar Rapids Freedom Festival, which fosters a sense of community and patriotism. The downtown area is known for its cultural venues and public art installations, contributing to the city's unique character and charm.

Are things conveniently located in Cedar Rapids, IA?

The community is served by a comprehensive educational system, including numerous public schools at the elementary, middle, and high school levels, as well as private educational institutions. Cedar Rapids is home to several healthcare facilities offering a range of services from primary care to specialized treatments. The city also features a public library system that supports the educational and informational needs of its residents. Retail and dining options are plentiful, with local establishments reflecting the culinary diversity and culture of the area.

What does the transportation in Cedar Rapids, IA look like?

Cedar Rapids provides a variety of transportation options for its residents. The public transit system offers bus services connecting different parts of the city, with schedules designed to accommodate commuters and local travelers. While specific ride-sharing services are available, their names are not mentioned here. The city is also equipped with a network of roads and highways that facilitate easy commuting and travel to neighboring areas. Efforts have been made to enhance the walkability and bikeability in certain districts, promoting a more pedestrian-friendly environment.

Frequently Asked Questions About 223 Teakwood Ln NE

What is the listing price of this property?

The listing price of 223 Teakwood Ln NE property is $520,000.

What type of property is this?

The property 223 Teakwood Ln NE is a house located in Cedar Rapids, Iowa, 52402.

Is this property for sale now?

Active Listing: 223 Teakwood Ln NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,124 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 223 Teakwood Ln NE has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 223 Teakwood Ln NE is 4,832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 223 Teakwood Ln NE is 2001.

Rocket Homes›Iowa›Linn County›Cedar Rapids›52402›223 Teakwood Ln NE

This home is located at 223 Teakwood Ln NE in Cedar Rapids, IA and zip code 52402. This 4,832 square foot home, which was built in 2001, sits on a 0.45 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $520,000.

In November 2024, from all listings sold in Cedar Rapids, IA there were more than 32 sold above asking price, over 84 sold below and more than 35 were sold right at the asked price. The number of listings in Cedar Rapids, IA decreased by 7.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 37 days, the median list price was $198,485.

From Rocket Homes Real Estate and based on county public records data.

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