NOT LISTED FOR SALE

1475 Tower Ln NE Unit 13 Cedar Rapids, IA 52402

Estimated Value: $133,000 - $182,000

3 Beds
2 Baths
1,204 Sq Ft
$125/mo HOA Fee

Last Sold September 27, 2019

Last sale price $109,950 $91 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,224/month

9 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Formal Dining Room
  • Westfield Elementary School Rated A
  • Great Room with Fireplace
  • 1 Car Detached Garage

About This Home

As of September 2019

This 2nd story condo shows like new! Professionally painted throughout. This unit has some AMAZING extras. A security system, storm door on the front door, central vacuum, custom closet organizers, and newer light fixtures/ceiling fans! This spacious 3 bedroom unit has a gas fireplace in the living room, a formal dining room, and an en suite master bath. All exterior maintenance (snow and grass) is taken care of by the association. Laundry is located within the unit and is being sold with the washer and dryer! Conveniently located off of Council St NE, allows quick access to I-380, shopping, banks and restaurants. One stall garage keeps your car out of the elements and ends your days of snow removal and window scraping every morning before work. Call today for your private showing!

Last Agent to Sell the Property

Matt Ford

SKOGMAN REALTY Listed on: 07/30/2019

SKOGMAN REALTY

Last Buyer's Agent

Peggy Kreutner

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,332

Year Built

  • 2004

HOA Fees

  • $125 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,204 Sq Ft Home
  • Central Vacuum
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,332

Year Built

2004

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1204
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 2332
  • List User Cell Phone: 319-270-8747
  • Miscellaneous: Cable Ready, Deck, Security System
  • Net Tax: 2134
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 91.32
  • Total Sq Ft: 1204
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Appliances Included: Central Vac, Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 2nd Floor Laundry, Great Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2023
Sold by
Smith Kimberly L
Bought by
Higgins Devon R
Current Estimated Value
$159,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Outstanding Balance
$103,833
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$55,514

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 20, 2019
Sold by
Chalhoub George H and Chalhoub Marie N
Bought by
Smith Kimberly L
Seller's Agent
Matt Ford
SKOGMAN REALTY
Buyer's Agent
Peggy Kreutner
RE/MAX CONCEPTS
List Price
$109,950
Sold Price
$109,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$21,990
Interest Rate
3.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 25, 2017
Sold by
Chalhoub George H and Chalhoub Marie N
Bought by
Chalhoub George H and Chalhoub Marie N

Purchase Details

Listed on
Aug 17, 2011
Closed on
Apr 19, 2012
Sold by
Anderson Belvin V and Anderson Sonja M
Bought by
Chalhoub George H and Chalhoub Marie N
Seller's Agent
James Winker
SKOGMAN REALTY
Buyer's Agent
Berta Semaan
SKOGMAN REALTY
List Price
$109,900
Sold Price
$99,900
Premium/Discount to List
-$10,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$79,920
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 3, 2011
Sold by
Anderson Belvin V and Anderson Sonja M
Bought by
Anderson Belvin and Anderson Sonja M

Purchase Details

Closed on
Sep 8, 2006
Sold by
Jerrys Homes Inc
Bought by
Anderson Belvin V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,800
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
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
Higgins Devon R $133,000 None Listed On Document
Smith Kimberly L $110,000 None Available
Chalhoub George H -- None Available
Chalhoub George H $100,000 None Available
Anderson Belvin -- None Available
Anderson Belvin V $98,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Devon R $106,400
Previous Owner Smit Kimberly L $21,990
Previous Owner Smith Kimberly L $87,960
Previous Owner The Chalhoub Family Revocable Trust $250,473
Previous Owner Chalhoub George H $79,920
Previous Owner Anderson Belvin $77,500
Previous Owner Anderson Belvin $26,000
Previous Owner Anderson Belvin $80,000
Previous Owner Anderson Belvin $17,828
Previous Owner Anderson Belvin $14,800
Previous Owner Anderson Belvin V $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $109,950 0.0% $91 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $109,950 0.0% $91 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $109,950 +10.1% $91 / Sq Ft
05/07/2012 05/07/12 Sold $99,900 -9.1% $83 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
08/17/2011 08/17/11 For Sale $109,900 -- $91 / 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 $2,674 $143,600 $20,000 $123,600
2022 $2,572 $125,900 $20,000 $105,900
2021 $2,156 $125,100 $18,000 $107,100
2020 $2,156 $100,400 $14,000 $86,400
2019 $2,310 $99,400 $14,000 $85,400
2018 $2,190 $99,400 $14,000 $85,400
2017 $2,326 $101,500 $7,000 $94,500
2016 $2,036 $91,000 $7,000 $84,000
2015 $2,218 $99,072 $7,000 $92,072
2014 $2,218 $99,072 $7,000 $92,072
2013 $2,144 $99,072 $7,000 $92,072
Source: Public Records

Agents Affiliated with this Home

  • Matt Ford

    Seller's Agent in 2019

    Matt Ford

    SKOGMAN REALTY

    (319) 270-8747

    97 Total Sales

    Section Image
  • Peggy Kreutner

    Buyer's Agent in 2019

    Peggy Kreutner

    RE/MAX

    (319) 721-7054

    34 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    James Winker

    SKOGMAN REALTY

  • B

    Buyer's Agent in 2012

    Berta Semaan

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1905654

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01012

Iowa Linn County Cedar Rapids 52402

1475 Tower Ln NE Unit 13, Cedar Rapids, IA

This home is located at 1475 Tower Ln NE Unit 13, Cedar Rapids, IA 52402 since 30 July 2019 and is currently estimated at $157,554, approximately $130 per square foot. This property was built in 2004. 1475 Tower Ln NE Unit 13 is a home located in Linn County with nearby schools including Westfield Elementary School, Oak Ridge School, and Linn-Mar High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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