NOT LISTED FOR SALE

1333 Tower Ln NE Cedar Rapids, IA 52402

Estimated Value: $210,517 - $238,000

3 Beds
2 Baths
1,529 Sq Ft
$150/mo HOA Fee

Last Sold December 12, 2014

Last sale price $159,225 $104 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,687/month

70 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Patio
  • Westfield Elementary School Rated A
  • Forced Air Cooling System
  • Handicap Accessible

About This Home

As of December 2014

CELEBRATE THE ART OF LIVING WITH ULTIMATE CAREFREE LIVING! THE PERFECT PACKAGE OF NO STAIR ZERO ENTRANCE TO THE FRONT DOOR AND OVERSIZED GARAGE ACCESS. YOU WILL APPRECIATE HANDICAP ACCESSIBLE DOORS, HALLS AND WALK IN SHOWER. BENEFITS OF CONDO LIVING INCLUDE NO SHOVELING, LAWN CARE WITH IRRIGATION, A TUCKED AWAY ENTRANCE, AND MASTER INSURANCE POLICY FOR WALL STUDS TO EXTERIOR. A SOUTHERN EXPOSURE GLASS PORCH PROVIDES A TRANQUIL SETTING LOOKING OUT AT THE LANDSCAPED LAWN. AMENITIES INCLUDE VOLUME CEILINGS, GAS FIREPLACE, OPEN FLOOR PLAN, AND MASTER BEDROOM AND BATH. 2012 NEW SHINGLES, AVERAGE MONTHLY GAS $62, ELECTRIC $89. CLEAN, NEUTRAL AND CLOSE TO I380, BOYSON ROAD, ROCKWELL AND OTHER EMPLOYERS. KING SIZED GARAGE 26' X 22. PETS ALLOWED, NO RENTAL RESTRICTIONS.

Last Listed By

Heather Morris

SKOGMAN REALTY Listed on: 09/23/2014

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,313

Year Built

  • 2000

HOA Fees

  • $150 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,529 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Handicap Accessible
  • Patio
  • Irrigation

Community Details

Overview

  • Built by WELLS HOMES

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,313

Year Built

2000

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1529
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 3313
  • House Size: CUSTOM
  • List User Cell Phone: 319-350-7653
  • Miscellaneous: Cable Ready, Handicapped Features, Irrigation System, Patio
  • Net Tax: 3046
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96500
  • Ratio Close Price By Original Li: 0.96500
  • Ratio Current Price By Sq Ft: 104.14
  • R Value Ceiling: 38.0000
  • Total Sq Ft: 1529
  • Taxable Value Tv: 152996.00
  • Tax Roll Number: 113425600301049
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, 4 Seasons
  • Basement: Pour, Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 572

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: COMMON

Building Info

  • Builder Name: WELLS HOMES

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Alberts Christy and Alberts David E
Bought by
Halbe Lionel H and Halbe Elizabeth A
Total Days on Market
70
Current Estimated Value
$219,629

Purchase Details

Closed on
Jun 27, 2024
Sold by
Alberts David E
Bought by
Halbe Lionel M and Halbe Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 10, 2014
Sold by
Shupp Lila M
Bought by
Alberts David E
Seller's Agent
Heather Morris
SKOGMAN REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$165,000
Sold Price
$159,225
Premium/Discount to List
-$5,775
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$105,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2001
Sold by
Wells West Development Company
Bought by
Shupp Lila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.64%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Caribou Investments Inc
Bought by
Wells West Development Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.64%

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
Halbe Lionel H -- None Listed On Document
Halbe Lionel M $215,000 None Listed On Document
Alberts David E $159,500 None Available
Shupp Lila M $139,000 --
Wells West Development Company $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halbe Lionel M $140,000
Previous Owner Shupp Lila M $105,000
Previous Owner Shupp Lila M $30,000
Previous Owner Shupp Lila M $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $159,225 -3.5% $104 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $165,000 -- $108 / 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 $3,756 $186,100 $27,000 $159,100
2022 $3,548 $164,300 $24,000 $140,300
2021 $3,766 $160,300 $20,000 $140,300
2020 $3,766 $160,400 $20,000 $140,400
2019 $3,758 $161,800 $20,000 $141,800
2018 $3,480 $161,800 $20,000 $141,800
2017 $3,584 $156,400 $7,000 $149,400
2016 $3,498 $156,400 $7,000 $149,400
2015 $3,422 $152,996 $7,000 $145,996
2014 $3,156 $152,996 $7,000 $145,996
2013 $3,046 $152,996 $7,000 $145,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1406521

Cedar Rapids Area Association of REALTORS®

APN: 11342-56003-01049