NOT LISTED FOR SALE

1433 Tower Ln NE Cedar Rapids, IA 52402

Estimated Value: $220,000 - $236,000

3 Beds
2 Baths
1,543 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $220,000 $143 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,546/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Patio
  • Forced Air Heating and Cooling System
  • Westfield Elementary School Rated A
  • Handicap Accessible
  • Combination Kitchen and Dining Room

About This Home

As of June 2022

Meticulously maintained and tastefully updated describe this spacious three bed, two bath, zero entry condominium that features an open floor plan; new carpeting; both baths remodeled with new vanities and luxury vinyl plank flooring; new paint throughout; high ceilings; plenty of natural light; primary bedroom with an en suite primary bath and walk-in closet; ample storage throughout, including in the oversized two-car, attached garage with attic loft; main floor laundry in dedicated laundry room just in from the garage; all appliances included; convenient location close to shopping, dining, parks, schools and interstate access. Both off-street and on-street parking are available. Also featured are a gas fireplace, views of well-manicured lawn and landscaping; pets approved with restrictions on size and number of pets. $189 per month HOA fee. With this much to offer at this price, this one won’t last long! Hurry!

Last Listed By

Cory Rath

Keller Williams Advantage Listed on: 04/28/2022

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 2002

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,543 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Patio

Community Details

  • Association fees include grounds maintenance
  • Summer Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11342-56003-01073

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,202

Year Built

Built in 2002

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1543
  • Owner Name L F Mi: Whitford
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: *All offers due by 8pm Monday 5/2 with responses by 8pm Tuesday 5/3*
  • Year Built: 2002
  • Tax Year Report: 3152
  • Subdivision: Summer Hill
  • Directions: Council Street to Tower Lane
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Pet Policy
  • Basement Remarks: Slab
  • Fireplace Type Location: In LL, Gas
  • Interior R: Cable Available, Handicap Access, Vaulted Ceiling
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: Meticulously maintained and tastefully updated describe this spacious three bed, two bath, zero entry condominium that features an open floor plan; new carpeting; both baths remodeled with new vanities and luxury vinyl plank flooring; new paint throughout; high ceilings; plenty of natural light; primary bedroom with an en suite primary bath and walk-in closet; ample storage throughout, including in the oversized two-car, attached garage with attic loft; main floor laundry in dedicated laundry room just in from the garage; all appliances included; convenient location close to shopping, dining, parks, schools and interstate access. Both off-street and on-street parking are available. Also featured are a gas fireplace, views of well-manicured lawn and landscaping; pets approved with restrictions on size and number of pets. $189 per month HOA fee. With this much to offer at this price, this one won’t last long! Hurry!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1543
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 189
  • Condo Level: 1
  • Fees Include: Grounds Maintenance

Schools

  • Elementary School: Westfield
  • Middle School: OAK RIDGE
  • High School: Linn Mar
  • High School: Linn Mar
  • Jr Middle School: OAK RIDGE
  • Elementary School: Westfield

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Condo
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3354
  • Assessor Parcel Number: 11342-56003-01073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 23, 2022
Sold by
Whitford Chanel B
Bought by
Johnson Darryl W
Seller's Agent
Cory Rath
Keller Williams Advantage
Buyer's Agent
Jim Zachar
Coldwell Banker Hedges Corridor
List Price
$200,000
Sold Price
$220,000
Premium/Discount to List
$20,000
10%
Total Days on Market
6
Current Estimated Value
$226,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,810
Avg. Annual Appreciation
1.06%
Original Mortgage
$198,000
Outstanding Balance
$187,012
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$39,798

Purchase Details

Closed on
May 15, 2020
Sold by
Digiantonio Richard J
Bought by
Whitford Chanel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2016
Sold by
Digiantonio Ann C
Bought by
Digiantonio Richard J

Purchase Details

Closed on
Aug 10, 2003
Sold by
Storage Inc Of Coralville
Bought by
Digiantonio Joseph J and Digiantonio Ann C

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
Johnson Darryl W $220,000 None Listed On Document
Whitford Chanel B $125,000 None Available
Whitford Chanel B -- None Available
Digiantonio Richard J -- Attorney
Digiantonio Joseph J $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Darryl W $198,000
Previous Owner Whitford Chanel B $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $220,000 +10.0% $143 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $200,000 -- $130 / Sq Ft
Source: Iowa City 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 $3,202 $199,800 $27,000 $172,800
2022 $3,210 $149,000 $24,000 $125,000
2021 $3,152 $145,000 $20,000 $125,000
2020 $3,152 $146,100 $20,000 $126,100
2019 $3,150 $147,400 $20,000 $127,400
2018 $3,278 $147,400 $20,000 $127,400
2017 $3,380 $159,300 $7,000 $152,300
2016 $3,489 $159,300 $7,000 $152,300
2015 $3,411 $155,654 $7,000 $148,654
2014 $3,216 $155,654 $7,000 $148,654
2013 $3,104 $155,654 $7,000 $148,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202202480

Iowa City Area Association of REALTORS®

APN: 11342-56003-01073