NOT LISTED FOR SALE

1323 Tower Ln NE Cedar Rapids, IA 52402

Estimated Value: $166,000 - $218,000

2 Beds
2 Baths
1,120 Sq Ft
$134/mo HOA Fee

Last Sold November 30, 2017

Last sale price $139,500 $125 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,398/month

4 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Patio
  • Westfield Elementary School Rated A
  • Forced Air Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of November 2017

Looking for a convenient lifestyle? You may have just found it. There are only a few condos like this one in a desired NE neighborhood. This zero entry ranch condo allows for easy accessibility. The spacious master bedroom has a walk in closet and an ensuite bath that has been recently updated. A second bedroom could easily become an office or den. And there is another full bath as well. Enjoy grilling on your patio just outside glass sliding doors from your dining area. And there is plenty of room for your vehicles or “toys” in the large 2-stall garage. Pets Allowed. The association requires a $100.00 start up fee.

Last Listed By

Deanna Long

COLDWELL BANKER HEDGES Listed on: 10/10/2017

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,835

Year Built

  • 1999

Lot Details

  • Fenced
  • Irrigation

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,120 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,835

Year Built

1999

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1120
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2835
  • List User Cell Phone: 319-329-8719
  • Miscellaneous: Cable Ready, Fencing, Irrigation System, Patio, Satellite Dish
  • Net Tax: 2640
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 124.55
  • Total Sq Ft: 1120
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, On Street Parking
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit
  • Association Fee: 134
  • Association: Yes

Schools

  • Elementary School: Westfield
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Nov 29, 2017
Sold by
Ries Rachel M
Bought by
Breyfogle Victoria J
Seller's Agent
Deanna Long
COLDWELL BANKER HEDGES
Buyer's Agent
Beth Mackey
COLDWELL BANKER HEDGES
List Price
$139,500
Sold Price
$139,500
Total Days on Market
4
Current Estimated Value
$182,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,075
Original Mortgage
$60,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2003
Sold by
Stefani Raymond R
Bought by
Kratzer Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,168
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2001
Sold by
Al Wells Homes Inc
Bought by
Jenkins Betty Ellen

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
Breyfogle Victoria J $139,500 None Available
Kratzer Kathleen $110,000 --
Jenkins Betty Ellen $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breyfogle Victoria J $59,000
Closed Breyfogle Victoria J $60,000
Closed Ries Rachel M $104,500
Previous Owner Ries Rachel $86,148
Previous Owner Kratzer Kathleen $88,168
Closed Kratzer Kathleen $16,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $139,500 0.0% $125 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $139,500 -- $125 / 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 $2,964 $157,000 $27,000 $130,000
2022 $2,782 $138,600 $24,000 $114,600
2021 $2,966 $134,600 $20,000 $114,600
2020 $2,966 $134,900 $20,000 $114,900
2019 $2,964 $136,100 $20,000 $116,100
2018 $2,558 $136,100 $20,000 $116,100
2017 $2,380 $112,400 $7,000 $105,400
2016 $2,515 $112,400 $7,000 $105,400
2015 $2,491 $111,260 $7,000 $104,260
2014 $2,296 $111,260 $7,000 $104,260
2013 $2,216 $111,260 $7,000 $104,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1709225

Cedar Rapids Area Association of REALTORS®

APN: 11342-56003-01010