Seller's Agent in 2022
Tyler Funke
Realty87
(319) 491-5446
209 Total Sales
1475 Tower Ln NE Unit 8 Cedar Rapids, IA 52402
Estimated Value: $148,000 - $178,000
3
Beds
2
Baths
1,204
Sq Ft
$150/mo
HOA Fee
Highlights
- Deck
- Ranch Style House
- Forced Air Cooling System
- Westfield Elementary School Rated A
- 1 Car Detached Garage
- Breakfast Bar
About This Home
As of October 2022Can you even BELIEVE there is a 3 bed 2 bath condo this well maintained at an affordable price?! No need to worry about those weird internal shared hallways with goofy smells... walk into your front door from your private exterior entrance. This open concept layout has a generous living area with a walkout to a deck. The large dining space is perfect for a table to host all the family and friends you'd want! The kitchen is quaint and perfect for cooking all your meals with a chef's kiss. Continue down the hall to the large 3 bedrooms, perfect for any guests wishing to stay with you. The primary room is MASSIVE and is complete with an en suite bath so you wont need to worry about sharing. With laundry in unit, and a one stall detached garage, there cant be much more you'd need! HOA maintains all lawn care and snow removal, so you can relax by the fireplace while others are out shoveling. Pets welcome, weight restriction.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,770
Year Built
- 2004
HOA Fees
- $150 Monthly HOA Fees
Home Design
- Ranch Style House
- Slab Foundation
- Frame Construction
- Vinyl Construction Material
Interior Spaces
- 1,204 Sq Ft Home
- Gas Fireplace
- Living Room with Fireplace
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- 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
Recreation
- Snow Removal
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2022
Closed on
Oct 26, 2022
Sold by
Butt Umar and Butt Zahra
Bought by
Ratliff Debra C
Seller's Agent
Tyler Funke
Realty87
Buyer's Agent
Joelle Henley
Pinnacle Realty LLC
List Price
$132,900
Sold Price
$130,900
Premium/Discount to List
-$2,000
-1.5%
Views
5
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
$32,410
Avg. Annual Appreciation
7.87%
Original Mortgage
$100,900
Outstanding Balance
$96,390
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$66,920
Purchase Details
Listed on
Jun 20, 2015
Closed on
Sep 14, 2015
Sold by
Baumgartner Julie A and Baumgartner Rick
Bought by
Butt Umar and Khan Zahra
Seller's Agent
Jennifer Foss
eXp Realty
Buyer's Agent
Pushpa Aggarwal
IOWA REALTY
List Price
$110,000
Sold Price
$101,250
Premium/Discount to List
-$8,750
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$71,250
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2009
Sold by
Bohn Michael J
Bought by
Schmitt Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 2006
Sold by
Jerrys Homes Inc
Bought by
Bohn Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,962
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ratliff Debra C | $131,000 | -- | |
| Butt Umar | $101,500 | None Available | |
| Schmitt Julie A | $105,500 | None Available | |
| Bohn Michael J | $99,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ratliff Debra C | $100,900 | |
| Previous Owner | Butt Umar | $71,250 | |
| Previous Owner | Schmitt Julie A | $84,800 | |
| Previous Owner | Bohn Michael J | $74,962 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2022 10/28/22 | Sold | $130,900 | -1.5% | $109 / Sq Ft |
| 09/15/2022 09/15/22 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | For Sale | $132,900 | +31.3% | $110 / Sq Ft |
| 09/16/2015 09/16/15 | Sold | $101,250 | -8.0% | $84 / Sq Ft |
| 08/26/2015 08/26/15 | Pending | -- | -- | -- |
| 06/20/2015 06/20/15 | For Sale | $110,000 | -- | $91 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,608 | $144,400 | $23,000 | $121,400 |
| 2024 | $2,674 | $143,600 | $20,000 | $123,600 |
| 2023 | $2,674 | $143,600 | $20,000 | $123,600 |
| 2022 | $2,572 | $125,900 | $20,000 | $105,900 |
| 2021 | $2,156 | $125,100 | $18,000 | $107,100 |
| 2020 | $2,156 | $100,400 | $14,000 | $86,400 |
| 2019 | $2,112 | $99,400 | $14,000 | $85,400 |
| 2018 | $1,996 | $99,400 | $14,000 | $85,400 |
| 2017 | $2,035 | $101,500 | $7,000 | $94,500 |
| 2016 | $2,035 | $91,000 | $7,000 | $84,000 |
| 2015 | $2,219 | $99,072 | $7,000 | $92,072 |
| 2014 | $2,024 | $99,072 | $7,000 | $92,072 |
| 2013 | $1,952 | $99,072 | $7,000 | $92,072 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Funke
-
Joelle Henley
J
Buyer's Agent in 2022
Joelle Henley
Pinnacle Realty LLC
(641) 485-6346
116 Total Sales
-
Jennifer Foss
J
Seller's Agent in 2015
Jennifer Foss
eXp Realty
(319) 270-6287
35 Total Sales
-
P
Buyer's Agent in 2015
Pushpa Aggarwal
IOWA REALTY
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2208504
APN: 11342-56004-01007
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Information is deemed reliable but not guaranteed.
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