NOT LISTED FOR SALE

1475 Tower Ln NE Unit 7 Cedar Rapids, IA 52402

Estimated Value: $140,000 - $158,000

2 Beds
2 Baths
983 Sq Ft
2004 Built

Last Sold May 03, 2016

Last sale price $89,000 $91 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $990/month

12 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Westfield Elementary School Rated A
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of May 2016

Location, location Location.....This beautiful Condo is located in the heart of NE Cedar Rapids! Adorable, well decorated condo in a safe, desirable location close to shopping, schools, Parks, Rockwell & I-380. Open floor plan with cozy fireplace and sliders to the deck. Warm paint and décor. Extra deep 1 stall garage included. All appliances included as well as the Washer & Dryer. 2 Pets are allowed. One dog per unit, not
exceeding 20 lbs. Garage #7 goes with this unit. This condo is well cared for and in beautiful condition!

Last Agent to Sell the Property

Mary Chmelicek

SKOGMAN REALTY Listed on: 02/26/2016

Last Buyer's Agent

Jill Monnahan

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,074

Year Built

  • 2004

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 983 Sq Ft Home
  • Great Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,074

Year Built

2004

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 983
  • 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, Eat-In Kitchen
  • Gross Tax: 2074
  • List User Cell Phone: 319-533-0543
  • Miscellaneous: Deck
  • Net Tax: 1879
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96739
  • Ratio Close Price By Original Li: 0.96739
  • Ratio Current Price By Sq Ft: 90.54
  • Total Sq Ft: 983
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Range, Refrigerator, Water Heater – Electric
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Great Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

  • Heating Cooling: Central Air, Forced Air

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
Jones Curtis F
Bought by
Jones Lisa Ann Lorene
Current Estimated Value
$143,533

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 28, 2016
Sold by
Kimpel Teresa A and Kimpel Janet M
Bought by
Lorene Jones Lisa Ann
Seller's Agent
Mary Chmelicek
SKOGMAN REALTY
Buyer's Agent
Jill Monnahan
SKOGMAN REALTY
List Price
$92,000
Sold Price
$89,000
Premium/Discount to List
-$3,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Oct 18, 2006
Sold by
Jerrys Homes Inc
Bought by
Kimpel Teresa A and Kimpel Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Jones Lisa Ann Lorene -- None Available
Lorene Jones Lisa Ann -- None Available
Kimpel Teresa A $89,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Lisa $108,000
Closed Jones Lisa $12,000
Closed Jones Lisa A L $29,000
Previous Owner Kimpel Teresa A $61,500
Previous Owner Kimpel Teresa A $16,000
Previous Owner Kimpel Teresa A $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $89,000 -3.3% $91 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $92,000 -- $94 / 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 $2,448 $132,200 $20,000 $112,200
2022 $2,348 $116,000 $20,000 $96,000
2021 $1,966 $115,000 $18,000 $97,000
2020 $1,966 $92,300 $14,000 $78,300
2019 $1,926 $91,400 $14,000 $77,400
2018 $1,806 $91,400 $14,000 $77,400
2017 $1,861 $92,600 $7,000 $85,600
2016 $1,861 $83,200 $7,000 $76,200
2015 $2,027 $90,487 $7,000 $83,487
2014 $1,832 $90,487 $7,000 $83,487
2013 $1,766 $90,487 $7,000 $83,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1602210

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01006