NOT LISTED FOR SALE

1475 Tower Ln NE Unit 3 Cedar Rapids, IA 52402

Estimated Value: $136,000 - $151,000

2 Beds
2 Baths
985 Sq Ft
$100/mo HOA Fee

Last Sold June 01, 2018

Last sale price $104,950 $107 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,099/month

1 Day on Market

Highlights

  • Ranch Style House
  • L-Shaped Dining Room
  • Cul-De-Sac
  • Westfield Elementary School Rated A
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of June 2018

Updated and move-in ready! Well cared for 2 bedroom, 2 bathroom, first floor condo with no steps!! Extra large garage, with plenty of room for toys and tools, is detached, but short distance and mostly covered walkway. All new stainless kitchen appliances. Washer and dryer - included! Living room carpet is new, with cozy gas corner fireplace. Sliders off living room lead to nice patio area. Updated LED overhead lighting. Pets are allowed with some restrictions. Ample parking. Conveniently located near shopping and restaurants. Easy access to I-380 and Blairs Ferry Rd. Low monthly HOA of $100. Rentals are allowed with some restrictions. Assumable VA Loan. This condominium home has been well maintained, is easy to show, and immediate availability!

Last Listed By

Joni Long

COLDWELL BANKER HEDGES Listed on: 05/02/2018

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • 2004

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 985 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining 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

Utilities

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

Additional Features

  • Patio
  • Cul-De-Sac

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

2004

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 985
  • 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, Dining 'L'
  • Gross Tax: 2076
  • List User Cell Phone: 319-350-0506
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 1881
  • 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: 106.55
  • Total Sq Ft: 985
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Oak Ridge
  • 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
May 2, 2018
Closed on
May 31, 2018
Sold by
Gagliardi John K
Bought by
Hennessey Lori A
Seller's Agent
Joni Long
COLDWELL BANKER HEDGES
Buyer's Agent
Emily Blackhurst
SKOGMAN REALTY
List Price
$104,950
Sold Price
$104,950
Total Days on Market
1
Current Estimated Value
$143,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,082
Avg. Annual Appreciation
4.54%
Original Mortgage
$74,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2014
Closed on
Nov 18, 2014
Sold by
Vestweber Jason C and Vestweber Heather Fortune
Bought by
Gagliardi John K
Seller's Agent
Jason Vestweber
SKOGMAN REALTY
Buyer's Agent
Derrick Ogert
TREGO REALTY
List Price
$100,000
Sold Price
$93,000
Premium/Discount to List
-$7,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$96,069
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Nov 7, 2013
Closed on
Jun 30, 2014
Sold by
Atanasoff Amie Rae and Atanasoff Matthew J
Bought by
Vestweber Jason C and Vestweber Heather Fortune
Seller's Agent
Jean Perkins
SKOGMAN REALTY
Buyer's Agent
Jason Vestweber
SKOGMAN REALTY
List Price
$102,500
Sold Price
$92,000
Premium/Discount to List
-$10,500
-10.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$92,000
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Jerrys Homes Inc
Bought by
Lins Amie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,552
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

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
Hennessey Lori A $105,000 None Available
Gagliardi John K $93,000 None Available
Vestweber Jason C $92,000 None Available
Lins Amie R $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennessey Lori A $74,000
Closed Hennessey Lori A $74,950
Previous Owner Gagliardi John K $96,069
Previous Owner Vestweber Jason C $92,000
Previous Owner Lins Amie R $102,552
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $104,950 0.0% $107 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $104,950 +12.8% $107 / Sq Ft
11/19/2014 11/19/14 Sold $93,000 -7.0% $94 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $100,000 +8.7% $102 / Sq Ft
06/30/2014 06/30/14 Sold $92,000 -10.2% $93 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $102,500 -- $104 / 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 $1,786 $90,600 $14,000 $76,600
2017 $2,123 $91,700 $7,000 $84,700
2016 $2,123 $94,900 $7,000 $87,900
2015 $2,313 $103,319 $7,000 $96,319
2014 $2,118 $103,319 $7,000 $96,319
2013 $2,044 $103,319 $7,000 $96,319
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joni Long

    COLDWELL BANKER HEDGES

    126 Total Sales

    Joni Long
    Section Image

  • E

    Buyer's Agent in 2018

    Emily Blackhurst

    SKOGMAN REALTY

  • Jason Vestweber

    Seller's Agent in 2014

    Jason Vestweber

    SKOGMAN REALTY

    (319) 551-0373

    137 Total Sales

    Jason Vestweber
    Section Image

  • J

    Seller's Agent in 2014

    Jean Perkins

    SKOGMAN REALTY

    86 Total Sales

    Jean Perkins
    Section Image

  • D

    Buyer's Agent in 2014

    Derrick Ogert

    TREGO REALTY

    (319) 431-2578

    9 Total Sales

    Derrick Ogert
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1802999

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01002

Iowa Linn County Cedar Rapids 52402

1475 Tower Ln NE Unit 3, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1475 Tower Ln NE Unit 3, Cedar Rapids, IA 52402 since 02 May 2018 and is currently estimated at $143,032, approximately $145 per square foot. This property was built in 2004. 1475 Tower Ln NE Unit 3 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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