NOT LISTED FOR SALE

1475 Tower Ln NE Unit 5 Cedar Rapids, IA 52402

Estimated Value: $128,979 - $142,000

2 Beds
2 Baths
983 Sq Ft
$85/mo HOA Fee

Last Sold July 11, 2016

Last sale price $89,500 $91 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,074/month

44 Days on Market

Highlights

  • Deck
  • 2-Story Property
  • L-Shaped Dining Room
  • Westfield Elementary School Rated A
  • Great Room with Fireplace
  • 1 Car Detached Garage

About This Home

As of July 2016

When comes to a complete package, this will be hard to beat. Well located, NE side condo in a desirable area. Conveniences are everywhere including shopping, parks, Rockwell-Collins, bike trails, I-380 and more. Well maintained and priced right for a quick sale. Freshly painted and a very nice Maple kitchen with all appliances included make this unit move in ready. Nice open floor plan with a gas fireplace, dining area and sliding doors to a private deck. You can own your own place for less then what it would take to rent. Flexible possession possible.

Last Listed By

Daniel Baty

COLDWELL BANKER HEDGES Listed on: 04/19/2016

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,026

Year Built

  • 2003

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Vinyl Construction Material

Interior Spaces

  • 983 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,026

Year Built

2003

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Style: 2 Stories, 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 2nd Floor
  • Dining Features: Breakfast Bar, Dining 'L'
  • Gross Tax: 2026
  • List User Cell Phone: 319-360-0178
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 2026
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00675
  • Ratio Close Price By Original Li: 0.99555
  • Ratio Current Price By Sq Ft: 91.05
  • Total Sq Ft: 983
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

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

Exterior Features

  • 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: 85
  • 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
Apr 19, 2016
Closed on
Jul 11, 2016
Sold by
Reihle Lori A
Bought by
Bacon Whitney A
Seller's Agent
Daniel Baty
COLDWELL BANKER HEDGES
Buyer's Agent
Kathleen Weber
Pinnacle Realty LLC
List Price
$89,900
Sold Price
$89,500
Premium/Discount to List
-$400
-0.44%
Total Days on Market
44
Current Estimated Value
$137,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,495
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Oct 18, 2006
Sold by
Jerrys Homes Inc
Bought by
Reihle Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,950
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

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
Bacon Whitney A -- Security First Title
Reihle Lori A $89,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reihle Lori A $84,937
Previous Owner Reihle Lori A $89,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $89,500 -0.4% $91 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $89,900 -- $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 $2,646 $132,100 $20,000 $112,100
2022 $2,542 $115,800 $20,000 $95,800
2021 $2,164 $114,800 $18,000 $96,800
2020 $2,164 $92,200 $14,000 $78,200
2019 $1,926 $91,400 $14,000 $77,400
2018 $1,806 $91,400 $14,000 $77,400
2017 $1,862 $92,600 $7,000 $85,600
2016 $1,862 $83,200 $7,000 $76,200
2015 $1,862 $90,487 $7,000 $83,487
2014 $2,026 $90,487 $7,000 $83,487
2013 $1,958 $90,487 $7,000 $83,487
Source: Public Records

Agents Affiliated with this Home

  • Daniel Baty

    Seller's Agent in 2016

    Daniel Baty

    COLDWELL BANKER HEDGES

    (319) 360-0178

    136 Total Sales

    Daniel Baty
    Section Image

  • K

    Buyer's Agent in 2016

    Kathleen Weber

    Pinnacle Realty LLC

    (319) 721-4040

    2 Total Sales

    Kathleen Weber
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1604725

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01004

Iowa Linn County Cedar Rapids 52402

1475 Tower Ln NE Unit 5, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1475 Tower Ln NE Unit 5, Cedar Rapids, IA 52402 since 19 April 2016 and is currently estimated at $137,995, approximately $140 per square foot. This property was built in 2003. 1475 Tower Ln NE Unit 5 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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