1475 Tower Ln NE Unit 3 Cedar Rapids, IA 52402
2
Beds
2
Baths
985
Sq Ft
2005
Built
Highlights
- Ranch Style House
- L-Shaped Dining Room
- Breakfast Bar
- Westfield Elementary School Rated A
- 1 Car Detached Garage
- Patio
About This Home
As of June 2018Stunning main floor condo in a great location. This unit features soaring ceilings with new lighting. The stainless appliances make the kitchen gleam and the open floor plan allows for comfortable entertaining. There are two full baths and a master suite that will hold your king size bed and a triple dresser. The garage is oversized and the largest one stall in the development. The sunny eastern exposure make the morning full of light and the afternoons comfortable on the patio. This unit is very efficient to heat. The gas bill is budgeted at $18.00 a month. Absolutely no steps in the unit and none from the garage to the unit's door. All doorways are oversized. Classy and safe. This one is special.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,257
Year Built
- 2005
Home Design
- Ranch Style House
- Brick Exterior Construction
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 985 Sq Ft Home
- Gas Fireplace
- Family Room
- 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
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Gas
- Electric Water Heater
Community Details
Overview
- Property has a Home Owners Association
Pet Policy
- Limit on the number of pets
- Pet Size Limit
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
195
Current Estimated Value
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
Map
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Similar Homes in Cedar Rapids, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | None Available | |
| Warranty Deed | $93,000 | None Available | |
| Warranty Deed | $92,000 | None Available | |
| Corporate Deed | $108,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $74,000 | New Conventional | |
| Closed | $74,950 | New Conventional | |
| Previous Owner | $96,069 | VA | |
| Previous Owner | $92,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $102,552 | Fannie Mae Freddie Mac |
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
| 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
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1307569
APN: 11342-56004-01002
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