NOT LISTED FOR SALE

1468 Tower Ln NE Cedar Rapids, IA 52402

Estimated Value: $151,985 - $168,000

2 Beds
1.5 Baths
1,136 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $109,000 $96 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,227/month

146 Days on Market

Highlights

  • 1 Car Attached Garage
  • Westfield Elementary School Rated A
  • Forced Air Cooling System

About This Home

As of April 2016

Fieldstone II Townhome! Very clean and ready to move in!! Come check out the open floor plan! 2 upper-level bedrooms with connecting Jack-n-Jill bathroom. Laundry is on upper level, washer and dryer will stay with the condo and is conveniently located between the two bedrooms. Newer appliances that stay ~ flat-top stove, microwave, refrigerator, dishwasher, and garbage disposal. Pets are welcome! 1-car attached garage with an entrance to the foyer. Located near shopping/restaurants/entertainment/daycare! Unit 8

Last Listed By

Matt Smith

RE/MAX CONCEPTS Listed on: 09/04/2015

RE/MAX CONCEPTS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,192

Year Built

  • 2009

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,136 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Disposal
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Utilities

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

Community Details

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,192

Year Built

2009

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1136
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Gross Tax: 1192
  • List User Cell Phone: 319-431-5859
  • Miscellaneous: Cable Ready
  • Net Tax: 1192
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99136
  • Ratio Close Price By Original Li: 0.93966
  • Ratio Current Price By Sq Ft: 95.95
  • Total Sq Ft: 1136
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2009

Interior Features

  • Appliances Included: Disposal, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 4

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached

Utilities

  • Heating Cooling: Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 90
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
May 9, 2016
Sold by
Klint Davis
Bought by
Pai Vinay and Sharma Divya
Seller's Agent
Matt Smith
RE/MAX CONCEPTS
Buyer's Agent
Pushpa Aggarwal
IOWA REALTY
List Price
$116,000
Sold Price
$109,000
Premium/Discount to List
-$7,000
-6.03%
Total Days on Market
146
Current Estimated Value
$161,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,246
Avg. Annual Appreciation
4.41%
Original Mortgage
$92,650
Outstanding Balance
$74,628
Interest Rate
3.61%
Estimated Equity
$86,618

Purchase Details

Closed on
Nov 18, 2009
Sold by
Jerrys Homes Inc
Bought by
Moss Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,300
Interest Rate
5.05%
Mortgage Type
Construction

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
Pai Vinay -- --
Moss Angela M $120,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pai Vinay $92,650
Closed Pai Vinay --
Previous Owner Moss Angela M $87,200
Previous Owner Moss Angela $36,300
Previous Owner Moss Angela M $78,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $109,000 -6.0% $96 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $116,000 -- $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 $2,864 $140,100 $20,000 $120,100
2022 $2,460 $134,200 $20,000 $114,200
2021 $2,560 $120,100 $18,000 $102,100
2020 $2,560 $117,600 $18,000 $99,600
2019 $2,372 $110,600 $18,000 $92,600
2018 $2,248 $110,600 $18,000 $92,600
2017 $2,363 $112,000 $7,000 $105,000
2016 $2,363 $105,600 $7,000 $98,600
2015 $2,501 $111,678 $7,000 $104,678
2014 $2,306 $111,678 $7,000 $104,678
2013 -- $111,678 $7,000 $104,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1590022

Cedar Rapids Area Association of REALTORS®

APN: 11342-57004-01008