NOT LISTED FOR SALE

1475 Tower Ln NE Unit 10 Cedar Rapids, IA 52402

Estimated Value: $140,552 - $144,000

2 Beds
2 Baths
985 Sq Ft
$85/mo HOA Fee

Last Sold February 06, 2017

Last sale price $90,000 $91 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,074/month

140 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Patio
  • Westfield Elementary School Rated A
  • Breakfast Bar
  • Handicap Accessible

About This Home

As of February 2017

UNICORN ALERT!! NE 1st floor condo! Clean, well maintained and move in ready in a highly desired NE location with easy access to schools, shopping, Rockwell, and I380! A rare find that won’t last. A main level, end unit ranch condo, one owner, and only 11 years old. But wait, there’s more! You get all of this, AND can have pets!! (1 dog up to 20 lbs, 1 dog/1 cat, 2 cats, etc.) The high ceilings give this home an open feeling. Cozy up to the living room fireplace, or step through the sliding doors to enjoy morning coffee on your secluded patio. Owner had an accessible (no step) shower installed in the master bath and the unit has wide doorways, so it’s truly a welcoming place for any new owner to call home. All appliances included and there’s a one stall garage as well.

Last Listed By

Jeff Nelson

Teri Graf Real Estate Team Listed on: 08/23/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,051

Year Built

  • 2005

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 985 Sq Ft Home
  • Gas Fireplace
  • Family Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Patio

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,051

Year Built

2005

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 985
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar
  • Gross Tax: 2051
  • List User Cell Phone: 319-343-5333
  • Miscellaneous: Cable Ready, Handicapped Features, Patio
  • Net Tax: 1856
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96774
  • Ratio Close Price By Original Li: 0.96774
  • Ratio Current Price By Sq Ft: 91.37
  • Total Sq Ft: 985
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking
  • Garage Size: 1 Car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit
  • Association Fee: 85
  • 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, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2017
Sold by
Swanston Don
Bought by
Salsman Karen L and Salsman Gordon
Total Days on Market
140
Current Estimated Value
$141,888

Purchase Details

Listed on
Aug 23, 2016
Closed on
Feb 3, 2017
Sold by
Onstott Patricia A
Bought by
Swanston Don
Seller's Agent
Jeff Nelson
Teri Graf Real Estate Team
Buyer's Agent
Jill Hartke
Century 21 Signature Real Estate
List Price
$93,000
Sold Price
$90,000
Premium/Discount to List
-$3,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Jul 22, 2008
Sold by
Augusta Holdings Llc
Bought by
Onstott Patricia A

Purchase Details

Closed on
Mar 27, 2007
Sold by
Jerrys Homes Inc
Bought by
Augusta Holdings Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 6615 Creekside Dr NE Unit 5, Cedar Rapids, IA 52402

    $119,900

    • 2 Beds
    • 1 Bath
    • 975 Sq Ft
    • 6615 Creekside Dr NE
    • Unit 5
    • Cedar Rapids, IA

    Welcome to this lovely 2-bedroom, 1-bath condo located in the desirable Summer Hill community! Situated on the 2nd floor, this home offers a bright and open floor plan, perfect for easy living and entertaining. Outdoor patio space great for relaxing. Cozy up by the fireplace in the spacious living area, and enjoy the convenience of a detached 1-stall garage for additional storage and parking.

    Bryant Nicholson Affinity Real Estate Services

    Section Image
  • 6615 Creekside Dr NE Unit 2, Cedar Rapids, IA 52402

    $119,900

    • 2 Beds
    • 1 Bath
    • 975 Sq Ft
    • 6615 Creekside Dr NE
    • Unit 2
    • Cedar Rapids, IA

    Welcome to this lovely 2-bedroom, 1-bath condo located in the desirable Summer Hill community! Situated on the first floor, this home offers a bright and open floor plan, perfect for easy living and entertaining. LVP throughout the living room and bedrooms. Cozy up by the fireplace in the spacious living area, and enjoy the convenience of a detached 1-stall garage for additional storage and

    Bryant Nicholson Affinity Real Estate Services

    Section Image
  • 6715 Creekside Dr NE Unit 12, Cedar Rapids, IA 52402

    $120,000

    • 2 Beds
    • 1 Bath
    • 975 Sq Ft
    • 6715 Creekside Dr NE
    • Unit 12
    • Cedar Rapids, IA

    This desirably located 3rd floor condo has been waiting for you. Park your vehicle in your 1 stall detached garage with some additional off street parking for guests, everyone can be comfortable knowing their vehicle is stowed safely. Head up to your unit from the secured outdoor entrance. With vaulted ceilings, this condo feels so much bigger! The open concept from the kitchen space to the

    Tyler Funke COLDWELL BANKER HEDGES CORRIDOR

    Section Image
  • 6723 Creekside Dr NE Unit 8, Cedar Rapids, IA 52402

    $114,900

    • 2 Beds
    • 1 Bath
    • 975 Sq Ft
    • 6723 Creekside Dr NE
    • Unit 8
    • Cedar Rapids, IA

    Sunny 975 sft second floor street-facing condo in Summer Hill Development. Featuring 2BR, 1BA with fireplace, deck, pantry and large walk-in closet. In-unit washer and dryer plus detached single car garage and private lot parking. Quiet, friendly, affordable and in a convenient corridor location. Newer paint & carpet. Schedule your private showing today!

    Yasmine Rezai LEPIC-KROEGER CORRIDOR, REALTORS

    Section Image
  • 6520 Creekside Dr NE Unit 10, Cedar Rapids, IA 52402

    $119,500

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 6520 Creekside Dr NE
    • Unit 10
    • Cedar Rapids, IA

    Style,Convenience, and Security in this beautifully updated 2-bedroom, 1-bathroom condo, nestled on the 3rd level. Step inside and be greeted by a bright and airy open-concept living space, as you enter you are greeted by soaring vaulted ceilings that create a sense of spaciousness. Imagine cozy evenings spent by the warm glow of the gas fireplace, perfect for relaxing and unwinding after a long

    Jeannie Rice COLDWELL BANKER HEDGES

    Section Image
  • 250 Cimarron Dr Unit 207, Hiawatha, IA 52233

    $159,900

    • 2 Beds
    • 2 Baths
    • 1,043 Sq Ft
    • 250 Cimarron Dr
    • Unit 207
    • Hiawatha, IA

    Welcome home to this beautifully updated condo in the heart of Hiawatha! This 2-bedroom, 2-bathroom gem features fresh, modern flooring, updated light fixtures, and stylishly painted cabinets that give the space a bright, contemporary feel. Located on the ground floor, the unit offers easy access and a stunning view of the golf course from the spacious back patio—perfect for relaxing or

    Maddie Chapman RE/MAX CONCEPTS

    Section Image
  • 250 Cimarron Dr Unit 106, Hiawatha, IA 52233

    $152,000

    • 2 Beds
    • 2 Baths
    • 1,062 Sq Ft
    • 250 Cimarron Dr
    • Unit 106
    • Hiawatha, IA

    This condo is priced to sell!! Two-bedroom two bath ground level walkout condo located next to St. Andrews golf course. Eat in kitchen, gas fireplace, and sliding door to the patio are just some of this property's features. One stall garage is included.

    Travis Burke Keller Williams Legacy Group

    Section Image
  • 640 Colton Cir NE Unit 7, Cedar Rapids, IA 52402

    $119,500

    • 2 Beds
    • 1 Bath
    • 922 Sq Ft
    • 640 Colton Cir NE
    • Unit 7
    • Cedar Rapids, IA

    This condo is as fresh as spring with a total interior paint job and new LVP flooring in the living room, and it's spotless, too! It's nice here with a secure entry door with the condo located on the second floor. You'll see trees and no parking lots when you look out the bedroom windows on the west side. It's pretty peaceful. The deck will be a relaxing area for you with it's fresh paint job

    Peggy Kreutner RE/MAX CONCEPTS

    Section Image
  • 4285 Westchester Dr NE Unit C, Cedar Rapids, IA 52402

    $180,000

    • 2 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 4285 Westchester Dr NE
    • Unit C
    • Cedar Rapids, IA

    Don’t miss this bright and beautifully updated second floor condo, located in a pleasant NE side neighborhood! The spacious floor plan features 2 bedrooms, an office/den and 2 full bathrooms (Assessor websites lists this unit as a 3 bedroom, but there is no closet in the third one); nice size living room with vaulted ceiling and access to the bright and airy 3-season room that was rebuilt in

    Mirela Taylor SKOGMAN REALTY

    Section Image

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
Salsman Karen L -- None Available
Swanston Don -- None Available
Onstott Patricia A $89,500 None Available
Augusta Holdings Llc $79,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Salsman Karen L $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $90,000 -3.2% $91 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
08/23/2016 08/23/16 For Sale $93,000 -- $94 / 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 $2,424 $131,000 $20,000 $111,000
2022 $2,324 $114,900 $20,000 $94,900
2021 $1,946 $113,900 $18,000 $95,900
2020 $1,946 $91,500 $14,000 $77,500
2019 $1,906 $90,600 $14,000 $76,600
2018 $1,980 $90,600 $14,000 $76,600
2017 $1,980 $91,700 $7,000 $84,700
2016 $2,049 $94,900 $7,000 $87,900
2015 $1,854 $103,319 $7,000 $96,319
2014 $2,044 $103,319 $7,000 $96,319
2013 $1,970 $103,319 $7,000 $96,319
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1610800

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01009