1407 Tower Ln NE Unit 1407 Cedar Rapids, IA 52402
Estimated payment $1,514/month
Highlights
- 2 Car Attached Garage
- Patio
- Forced Air Heating and Cooling System
- Westfield Elementary School Rated A
- Laundry Room
- Combination Kitchen and Dining Room
About This Home
Light, bright, and inviting! Desirable zero entry corner unit. Large main bedroom, walk-in closet, en suite bathroom w/walk-in shower. Open living room, dining area, and kitchen with ample cabinets and a pantry. Guest bedroom, 2nd bathroom w/tub and shower. Laundry room walks out to the oversized 2 car attached garage with workbench and storage. A front porch to enjoy and a sliding door opens to a patio surrounded by a privacy fence. New carpet June, 2018, stove 2021, dishwasher 2022, sliding door replaced 2023 w/lifetime warranty. Furnace, A/C, and hot water heater replaced in Jan/Feb 2022. All vents cleaned in 2021. Large mirror on hall wall, water heater screen, and 8’ x 32” desk/worktable in garage included. Located off Council, between Blairsferry and Boyson. Close to I-380 and shopping. 2 pets allowed. No rentals/owner occupied only.
Open House Schedule
-
Sunday, November 09, 20251:00 to 2:30 pm11/9/2025 1:00:00 PM +00:0011/9/2025 2:30:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,444
Year Built
- Built in 2001
HOA Fees
- $220 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- On-Street Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,120 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Schools
- Westfield Elementary School
- Oak Ridge Middle School
- Linn Mar High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Patio
- Fenced
Listing and Financial Details
- Assessor Parcel Number 113425600301054
Community Details
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,804 | $184,400 | $32,000 | $152,400 |
| 2024 | $3,038 | $160,600 | $27,000 | $133,600 |
| 2023 | $3,038 | $160,600 | $27,000 | $133,600 |
| 2022 | $2,852 | $141,800 | $24,000 | $117,800 |
| 2021 | $3,036 | $137,800 | $20,000 | $117,800 |
| 2020 | $3,036 | $137,900 | $20,000 | $117,900 |
| 2019 | $3,034 | $139,100 | $20,000 | $119,100 |
| 2018 | $2,620 | $139,100 | $20,000 | $119,100 |
| 2017 | $2,438 | $114,900 | $7,000 | $107,900 |
| 2016 | $2,571 | $114,900 | $7,000 | $107,900 |
| 2015 | $2,517 | $112,357 | $7,000 | $105,357 |
| 2014 | $2,322 | $112,357 | $7,000 | $105,357 |
| 2013 | $2,432 | $112,357 | $7,000 | $105,357 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | Price Changed | $192,500 | -1.3% | $172 / Sq Ft |
| 10/22/2025 10/22/25 | Price Changed | $194,950 | -1.0% | $174 / Sq Ft |
| 10/01/2025 10/01/25 | Price Changed | $197,000 | -1.5% | $176 / Sq Ft |
| 09/22/2025 09/22/25 | For Sale | $200,000 | -- | $179 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $127,500 | None Available | |
| Warranty Deed | $119,500 | -- | |
| Corporate Deed | $115,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $65,000 | Purchase Money Mortgage | |
| Previous Owner | $96,000 | Purchase Money Mortgage | |
| Previous Owner | $109,725 | Purchase Money Mortgage |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2508017
APN: 11342-56003-01054
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