NOT LISTED FOR SALE

1475 Tower Ln NE Unit 12 Cedar Rapids, IA 52402

Estimated Value: $141,000 - $160,000

2 Beds
2 Baths
983 Sq Ft
$125/mo HOA Fee

Last Sold October 19, 2020

Last sale price $120,000 $122 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,136/month

1 Day on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Breakfast Bar
  • Westfield Elementary School Rated A
  • Forced Air Cooling System
  • Patio

About This Home

As of October 2020

This home is located at 1475 Tower Ln NE Unit 12, Cedar Rapids, IA 52402 since 24 August 2020 and is currently estimated at $150,269, approximately $152 per square foot. This property was built in 2004. 1475 Tower Ln NE Unit 12 is a home located in Linn County with nearby schools including Westfield Elementary School, Oak Ridge School, and Linn-Mar High School.

Last Agent to Sell the Property

Will Brandt

SKOGMAN REALTY Listed on: 08/24/2020

SKOGMAN REALTY

Last Buyer's Agent

Lisa Nolan

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,099

Year Built

  • 2004

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 983 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace

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
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas 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

$2,099

Year Built

2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 983
  • Association Fee Frequency: Month
  • Association Management: By Association
  • 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: 2099
  • List User Cell Phone: 319-389-9918
  • Miscellaneous: Cable Ready, Handicapped Features, Patio
  • Net Tax: 2099
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00083
  • Ratio Close Price By Original Li: 1.00083
  • Ratio Current Price By Sq Ft: 122.08
  • Total Sq Ft: 983
  • Taxable Value Tv: 91500.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Guest Parking, Off Street Parking, On Street Parking
  • Garage Size: 11x20

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 125
  • 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

Listed on
Aug 24, 2020
Closed on
Oct 9, 2020
Sold by
Christopherson Stanley A and Christopherson Saundra L
Bought by
Siefken Dean
Seller's Agent
Will Brandt
SKOGMAN REALTY
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$150,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,269
Avg. Annual Appreciation
4.66%
Original Mortgage
$108,000
Outstanding Balance
$95,885
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$54,384

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jan 7, 2015
Sold by
Harnish Ronda S
Bought by
Christopherson Stanley A and Christopherson Saundra L
Seller's Agent
Emmaleigh Buck
Pinnacle Realty LLC
Buyer's Agent
Will Brandt
SKOGMAN REALTY
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Aug 18, 2005
Sold by
Jerrys Homes Inc
Bought by
Harnish Ronda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,950
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Siefken Dean $120,000 None Available
Siefken Dean $120,000 River Ridge Escrow
Christopherson Stanley A $90,000 None Available
Harnish Ronda S $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siefken Dean $108,000
Closed Siefken Dean $108,000
Previous Owner Harnish Ronda S $98,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $120,000 +0.1% $122 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $119,900 +33.2% $122 / Sq Ft
01/09/2015 01/09/15 Sold $90,000 -5.3% $92 / Sq Ft
12/14/2014 12/14/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $95,000 -- $97 / 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 $2,566 $132,000 $23,000 $109,000
2024 $2,626 $131,000 $20,000 $111,000
2023 $2,626 $131,000 $20,000 $111,000
2022 $2,522 $114,900 $20,000 $94,900
2021 $2,148 $113,900 $18,000 $95,900
2020 $2,148 $91,500 $14,000 $77,500
2019 $2,104 $90,600 $14,000 $76,600
2018 $1,980 $90,600 $14,000 $76,600
2017 $2,102 $91,700 $7,000 $84,700
2016 $2,122 $94,900 $7,000 $87,900
2015 $2,314 $103,319 $7,000 $96,319
2014 $2,314 $103,319 $7,000 $96,319
2013 $2,236 $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: 2006059

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01011