NOT LISTED FOR SALE

1403 Tower Ln NE Cedar Rapids, IA 52402

Estimated Value: $220,000 - $232,000

3 Beds
2 Baths
1,529 Sq Ft
2001 Built

Last Sold April 01, 2024

Last sale price $225,000 $147 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,542/month

2 Days on Market

Highlights

  • Ranch Style House
  • Cul-De-Sac
  • Eat-In Kitchen
  • Westfield Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of April 2024

Rare find! This all on one level ranch condo has no steps, open living space with sunroom, huge garage with electric car outlet, and great location that is close to everything from shopping, area employers, parks, and bicycle/walking areas! You will love all of the space in this beautifully maintained condo with 3 bedrooms, 2 baths, fireplace and updated kitchen. Neutrally painted and ready to move in! All appliances are included.

Last Listed By

Karen Feltman

Keller Williams Legacy Group Listed on: 02/23/2024

Keller Williams Legacy Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,757

Year Built

  • 2001

Lot Details

  • Cul-De-Sac
  • Irrigation

Home Design

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

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • 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
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,757

Year Built

2001

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1529
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 3757
  • List User Cell Phone: 319-521-0701
  • Miscellaneous: Cable Ready, Irrigation System, Patio
  • Net Tax: 3554
  • 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: 147.16
  • Total Sq Ft: 1529
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2001

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 4 Seasons
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 6
  • Site Description: Cul-De-Sac

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Off Street Parking, On Street Parking
  • Garage Size: 572

Utilities

  • Heating Cooling: Central Air, Forced Air

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded

Schools

  • Elementary School: Westfield
  • Middle School: Excelsior
  • High School: Linn Mar

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 27, 2024
Sold by
Leutzinger Eugene R and Leutzinger Debra S
Bought by
Peel Brenda
Seller's Agent
Karen Feltman
Keller Williams Legacy Group
Buyer's Agent
Carla Werning
RUHL & RUHL REALTORS®
List Price
$225,000
Sold Price
$225,000
Total Days on Market
2
Views
51
Current Estimated Value
$223,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,284
Avg. Annual Appreciation
-0.75%

Purchase Details

Listed on
Jan 17, 2017
Closed on
Mar 16, 2017
Sold by
Virginia L Ramsey
Bought by
Leutzinger Eugene and Leutzinger Debra
Seller's Agent
Teresa Smalley
COLDWELL BANKER HEDGES
Buyer's Agent
Karen Feltman
Keller Williams Legacy Group
List Price
$155,700
Sold Price
$151,000
Premium/Discount to List
-$4,700
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$65,000
Interest Rate
4.3%

Purchase Details

Closed on
Feb 19, 2011
Sold by
Roberts Dayton E and Roberts Sandra L
Bought by
Ramsey James L and Ramsey Virginia L

Purchase Details

Closed on
Jul 25, 2006
Sold by
Tegeler Paul H and Tegeler Norma M
Bought by
Roberts Dayton E and Roberts Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2002
Sold by
Caribou Investments Inc
Bought by
Tegeler Paul H and Tegeler Norma M

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
Peel Brenda $225,000 None Listed On Document
Leutzinger Eugene -- --
Ramsey James L $154,500 None Available
Roberts Dayton E $159,500 None Available
Tegeler Paul H $150,500 --
Tegeler Paul H $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leutzinger Eugene $65,000
Previous Owner Leutzinger Eugene --
Previous Owner Roberts Dayton E $45,000
Previous Owner Roberts Dayton E $127,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $225,000 0.0% $147 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $225,000 +49.0% $147 / Sq Ft
03/10/2017 03/10/17 Sold $151,000 -3.0% $99 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $155,700 -- $102 / 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 $3,554 $186,500 $27,000 $159,500
2022 $3,352 $164,400 $24,000 $140,400
2021 $3,566 $160,400 $20,000 $140,400
2020 $3,566 $160,500 $20,000 $140,500
2019 $3,564 $161,900 $20,000 $141,900
2018 $3,294 $161,900 $20,000 $141,900
2017 $3,431 $156,700 $7,000 $149,700
2016 $3,431 $156,700 $7,000 $149,700
2015 $3,359 $153,331 $7,000 $146,331
2014 $3,164 $153,331 $7,000 $146,331
2013 $3,052 $153,331 $7,000 $146,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2401217

Cedar Rapids Area Association of REALTORS®

APN: 11342-56003-01053