NOT LISTED FOR SALE

1475 Tower Ln NE Unit 10 Cedar Rapids, IA 52402

Estimated Value: $140,000 - $150,000

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. 62% increase in value since last sale

Current estimated payment $1,055/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 Agent to Sell the Property

Jeff Nelson

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

Last Buyer's Agent

Jill Hartke

Century 21 Signature Real Estate

Century 21 Signature Real Estate

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
Current Estimated Value
$145,751

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
5.74%

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
Source: Public Records

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
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

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
2025 $2,362 $132,000 $23,000 $109,000
2024 $2,424 $131,000 $20,000 $111,000
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1610800

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01009