$101,250
SOLD SEP 16, 2015

1475 Tower Ln NE Unit 8 Cedar Rapids, IA 52402

3 Beds
2 Baths
1,204 Sq Ft
$85/mo HOA Fee

Recently Sold

$84 Per Sq Ft

8% Below List Price

67 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Forced Air Cooling System
  • Westfield Elementary School Rated A
  • Great Room with Fireplace
  • Breakfast Bar

About This Home

As of October 2022

WARM, MODERN NEUTRAL COLORS WELCOME YOU TO THIS SPACIOUS CONDO WITH A COZY GAS FIREPLACE IN THE CORNER OF THE FAMILY ROOM. AN OPEN FLOORPLAN ALLOWS FOR THE DINING AREA THAT EXTENDS TO THE BREAKFAST BAR AND KITCHEN. A HUGE, RELAXING MASTER SUITE IS SURE TO PLEASE WITH A PRIVATE BATH AND LARGE WALK-IN CLOSET WITH PLENTY OF SHELVING. NUMEROUS AMENITIES INCLUDING 9' CEILINGS, PRIVATE DECK, ONE STALL GARAGE, AND LAUNDRY OFF OF MAIN BATHROOM. ALL APPLIANCES INCLUDED. LOCATION IS CONVENIENT TO I-380 AND SHOPPING YET VERY QUIET AND PEACEFUL.

Last Agent to Sell the Property

Jennifer Foss

eXp Realty Listed on: 06/20/2015

eXp Realty

Last Buyer's Agent

Pushpa Aggarwal

IOWA REALTY

IOWA REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,952

Year Built

  • 2005

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,204 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,952

Year Built

2005

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1204
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 1952
  • List User Cell Phone: 319-270-6287
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1952
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92045
  • Ratio Close Price By Original Li: 0.92045
  • Ratio Current Price By Sq Ft: 84.09
  • Total Sq Ft: 1204
  • Tax Roll Number: 113425600401007
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Off Street Parking, On Street Parking

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: Pets Allowed

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
$158,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,806
Avg. Annual Appreciation
7.10%
Original Mortgage
$100,900
Outstanding Balance
$97,093
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$61,194

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $131,000 --
Warranty Deed $101,500 None Available
Warranty Deed $105,500 None Available
Corporate Deed $99,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,900 New Conventional
Previous Owner $71,250 New Conventional
Previous Owner $84,800 Purchase Money Mortgage
Previous Owner $25,000 Credit Line Revolving
Previous Owner $74,962 Purchase Money Mortgage
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

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 $2,674 $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

    Seller's Agent in 2022

    Tyler Funke

    Realty87

    (319) 491-5446

    205 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Joelle Henley

    Pinnacle Realty LLC

    (641) 485-6346

    117 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    Jennifer Foss

    eXp Realty

    (319) 270-6287

    36 Total Sales

    Section Image

  • P

    Buyer's Agent in 2015

    Pushpa Aggarwal

    IOWA REALTY

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1504990

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01007

Iowa Linn County Cedar Rapids 52402

1475 Tower Ln NE Unit 8, Cedar Rapids, IA

This home is located at 1475 Tower Ln NE Unit 8, Cedar Rapids, IA 52402 and is currently priced at $101,250, approximately $84 per square foot. This property was built in 2005. 1475 Tower Ln NE Unit 8 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.

Nearby Homes