NOT LISTED FOR SALE

2005 Timber Creek Dr Marion, IA 52302

Bowman Trails Neighborhood

Estimated Value: $473,000 - $565,000

4 Beds
4.5 Baths
4,062 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $314,000 $77 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,580/month

125 Days on Market

Highlights

  • Spa
  • Recreation Room
  • Great Room with Fireplace
  • Echo Hill Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Den

About This Home

As of September 2015

Spacious 2 story on .88 acres in Bowman Ridge! Newly refinished Brazilian cherry hardwood floors throughout most of the main level. Dramatic 2 story foyer with tile floors & decorative ledge. Great room with gas fireplace, built-ins & crown molding. Kitchen with maple cabinets, crown molding, granite island, corian countertops, breakfast bar & breakfast nook. Formal living & dining rooms. Den with French double doors & built-ins. Main level laundry & half bath. Spacious master suite with absolutely huge walk-in closet with built-ins, his & her vanities, jetted tub & tile floors. Jack & Jill bath with dual vanity between 2 upstairs bedrooms. Lower level rec room with bar, bedroom, bonus room, full bath & lots of storage space. Central vac, security, sound, electric fence & hot tub included. Gorgeous .88 acre lot with mature trees, patio, & swing set included. Great location near neighborhood pool & walking trail!

Last Listed By

Debra Callahan

RE/MAX CONCEPTS Listed on: 03/18/2015

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,159

Year Built

  • 1997

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 130x292
  • Electric Fence

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Built by SKOGMAN

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,159

Year Built

1997

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Style: 2 Stories
  • Acres: 0.8800
  • Above Grade Finished Sq Ft: 3072
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 4.10
  • Total Bedrooms: 4
  • City Name: Marion
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 7159
  • List User Cell Phone: 319-431-3559
  • Low Lvl Fin Sq Ft: 990
  • Miscellaneous: Cable Ready, Electric Fence, Hot Tub, Jetted Tub, Patio, Security System, Sound System
  • Net Tax: 6976
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95441
  • Ratio Close Price By Original Li: 0.92353
  • Ratio Current Price By Sq Ft: 102.21
  • Total Sq Ft: 4062
  • Taxable Value Tv: 348600.00
  • Tax Roll Number: 113517901300000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Gas, Great Room
  • Level 2 Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 50
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 130X292

Building Info

  • Builder Name: SKOGMAN

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Sep 3, 2015
Sold by
Lawrence Valerie D
Bought by
Berg Amanda L and Berg Chad E
Seller's Agent
Debra Callahan
RE/MAX CONCEPTS
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$340,000
Sold Price
$314,000
Premium/Discount to List
-$26,000
-7.65%
Total Days on Market
125
Current Estimated Value
$519,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,389
Avg. Annual Appreciation
5.11%
Original Mortgage
$248,700
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2013
Sold by
Lawrence Toby Lee
Bought by
Lawrence Valerie Diane

Purchase Details

Closed on
Nov 12, 1999
Sold by
Holm Steven C and Holm Lendy L
Bought by
Lawrence Toby L and Lawrence Valerie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.81%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Midwest Development Co
Bought by
Holm Steven C and Holm Lendy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.95%
Mortgage Type
Balloon

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
Berg Amanda L -- --
Lawrence Valerie Diane -- None Available
Lawrence Toby L $317,000 --
Holm Steven C $304,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Chad $218,000
Closed Berg Chad Ellis $239,000
Closed Berg Chad Ellis $243,100
Closed Berg Amanda L $248,700
Previous Owner Lawrence Toby L $268,000
Previous Owner Lawrence Toby L $25,000
Previous Owner Lawrence Toby L $286,000
Previous Owner Lawrence Toby L $30,000
Previous Owner Lawrence Toby L $292,000
Previous Owner Lawrence Toby L $252,700
Previous Owner Holm Steven C $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2015 09/01/15 Sold $314,000 -7.6% $77 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $340,000 -- $84 / 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 $8,182 $476,700 $70,800 $405,900
2022 $7,798 $377,600 $70,800 $306,800
2021 $8,658 $377,600 $70,800 $306,800
2020 $8,658 $392,800 $70,800 $322,000
2019 $8,084 $366,900 $70,800 $296,100
2018 $7,768 $366,900 $70,800 $296,100
2017 $7,522 $348,600 $70,800 $277,800
2016 $7,522 $348,600 $70,800 $277,800
2015 $7,495 $348,600 $70,800 $277,800
2014 $7,308 $348,600 $70,800 $277,800
2013 $6,976 $348,600 $70,800 $277,800
Source: Public Records

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1502127

Cedar Rapids Area Association of REALTORS®

APN: 11351-79013-00000