$99,900
SOLD MAY 7, 2012

1475 Tower Ln NE Unit 13 Cedar Rapids, IA 52402

3 Beds
2 Baths
1,204 Sq Ft
2004 Built

Recently Sold

$83 Per Sq Ft

9% Below List Price

222 Days on Market

Highlights

  • Deck
  • Great Room with Fireplace
  • 1 Car Detached Garage
  • Westfield Elementary School Rated A
  • Formal Dining Room
  • Cul-De-Sac

About This Home

As of September 2019

SPACIOUS 3 BEDROOM CONDO WITH COZY FIREPLACE IN THE GREAT ROOM, OPEN KITCHEN WITH BREAKFAST BAR, UNIT LOOKS LIKE A BRAND NEW ONE. MUST SEE. QUICK POSSESSION.

Last Agent to Sell the Property

James Winker

SKOGMAN REALTY

Last Buyer's Agent

Berta Semaan

SKOGMAN REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,131

Year Built

  • 2004

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,204 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Cul-De-Sac

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,131

Year Built

2004

Lot Details

0

Listing Details

  • Style: Townhouse
  • Above Grade Finished Sq Ft: 1204
  • 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: 2131
  • List User Cell Phone: 319-350-8189
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 2004
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93452
  • Ratio Close Price By Original Li: 0.90901
  • Ratio Current Price By Sq Ft: 82.97
  • Total Sq Ft: 1204
  • Taxable Value Tv: 106655.00
  • Tax Roll Number: 113425600401012
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, 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
  • Room Count: 5
  • Site Description: Cul-De-Sac

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: 75
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: COMMON

Rental Info

  • Pets: Pets Allowed

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
Total Days on Market
222
Current Estimated Value
$154,387

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
$104,459
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$65,082

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
7.97%
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
4.14%
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

Map

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 Type Sale Price Title Company
Fiduciary Deed $133,000 None Listed On Document
Warranty Deed $110,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $100,000 None Available
Interfamily Deed Transfer -- None Available
Corporate Deed $98,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,400 New Conventional
Previous Owner $21,990 Stand Alone Second
Previous Owner $87,960 New Conventional
Previous Owner $250,473 New Conventional
Previous Owner $79,920 Adjustable Rate Mortgage/ARM
Previous Owner $77,500 Unknown
Previous Owner $26,000 Credit Line Revolving
Previous Owner $80,000 Unknown
Previous Owner $17,828 Credit Line Revolving
Previous Owner $14,800 Credit Line Revolving
Previous Owner $79,200 Purchase Money Mortgage
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

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

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1105879

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01012