NOT LISTED FOR SALE

1475 Tower Ln NE Unit 7 Cedar Rapids, IA 52402

Estimated Value: $137,000 - $143,000

2 Beds
2 Baths
983 Sq Ft
2004 Built

Last Sold May 03, 2016

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

Est. 58% increase in value since last sale

Current estimated payment $988/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 Listed By

Mary Chmelicek

SKOGMAN REALTY Listed on: 02/26/2016

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
Total Days on Market
12
Current Estimated Value
$140,821

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
5.04%

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

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

  • Mary Chmelicek

    Seller's Agent in 2016

    Mary Chmelicek

    SKOGMAN REALTY

    (319) 533-0543

    102 Total Sales

    Mary Chmelicek
    Section Image
  • Jill Monnahan

    Buyer's Agent in 2016

    Jill Monnahan

    SKOGMAN REALTY

    (319) 981-1409

    216 Total Sales

    Jill Monnahan
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1602210

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01006

Iowa Linn County Cedar Rapids 52402

1475 Tower Ln NE Unit 7, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1475 Tower Ln NE Unit 7, Cedar Rapids, IA 52402 since 26 February 2016 and is currently estimated at $140,821, approximately $143 per square foot. This property was built in 2004. 1475 Tower Ln NE Unit 7 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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