NOT LISTED FOR SALE

1475 Tower Ln NE Unit 9 Cedar Rapids, IA 52402

Estimated Value: $150,000 - $178,000

3 Beds
2 Baths
1,204 Sq Ft
2004 Built

Last Sold August 02, 2021

Last sale price $129,000 $107 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,069/month

3 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Breakfast Bar
  • Westfield Elementary School Rated A
  • Forced Air Cooling System
  • Patio

About This Home

As of August 2021

Check out this Main level condo in a great NE location. This well maintained condo has a great open floor plan with an electric fireplace and a walkout to your patio. There are 3 bedrooms and 2 full bathrooms with the master having its own bathroom and a walk-in closet. All stainless steel appliances are included along with the washer and dryer. There is also a 1 stall detached garage and a parking lot that will be getting redone soon. Closing must be August 2nd or later, schedule your appointment today as this one will go fast!

Last Agent to Sell the Property

Chad Gloede

RE/MAX CONCEPTS Listed on: 05/31/2021

RE/MAX CONCEPTS

Co-Listed By

Noah Gloede

RE/MAX CONCEPTS

Last Buyer's Agent

Lisa Arundale

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,280

Year Built

  • 2004

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,204 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,280

Year Built

2004

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1204
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2280
  • List User Cell Phone: 319-573-0697
  • Miscellaneous: Patio
  • Net Tax: 2280
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 107.14
  • Total Sq Ft: 1204
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Guest Parking, Off Street Parking
  • Garage Size: 11x20

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association: Yes

Schools

  • Elementary School: Westfield
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: Condo

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2021
Closed on
Aug 1, 2021
Sold by
Debrower Nicholas J and Debrower Casey J
Bought by
Holten Wade M
Seller's Agent
Chad Gloede
RE/MAX CONCEPTS
Buyer's Agent
Lisa Arundale
SKOGMAN REALTY
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$161,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,158
Avg. Annual Appreciation
5.50%
Original Mortgage
$81,000
Outstanding Balance
$73,687
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$87,471

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jun 14, 2016
Sold by
Nathaniel Jasper
Bought by
Debrower Casey and Debrower Nicholas
Seller's Agent
Deanna Long
Realty87
Buyer's Agent
Tim Nye
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$105,000
Sold Price
$97,000
Premium/Discount to List
-$8,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$87,300
Interest Rate
3.6%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jun 29, 2015
Sold by
Marmann Nancy K
Bought by
Jasper Nathaniel
Seller's Agent
Jeannie Sattler
SATTLER HOMES REALTY INC.
Buyer's Agent
Matt Smith
RE/MAX CONCEPTS
List Price
$114,900
Sold Price
$95,000
Premium/Discount to List
-$19,900
-17.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
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
Holten Wade M $129,000 None Available
Debrower Casey -- --
Jasper Nathaniel $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holten Wade M $81,000
Previous Owner Debrower Casey $87,300
Previous Owner Debrower Casey --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $129,000 0.0% $107 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $129,000 +33.0% $107 / Sq Ft
06/13/2016 06/13/16 Sold $97,000 -7.6% $81 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $105,000 +10.5% $87 / Sq Ft
07/01/2015 07/01/15 Sold $95,000 -17.3% $79 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
06/03/2013 06/03/13 For Sale $114,900 -- $95 / 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
2025 $2,584 $143,100 $23,000 $120,100
2024 $2,648 $142,300 $20,000 $122,300
2023 $2,648 $142,300 $20,000 $122,300
2022 $2,740 $124,700 $20,000 $104,700
2021 $2,334 $123,800 $18,000 $105,800
2020 $2,334 $99,400 $14,000 $85,400
2019 $2,286 $98,400 $14,000 $84,400
2018 $2,168 $98,400 $14,000 $84,400
2017 $2,327 $100,400 $7,000 $93,400
2016 $2,327 $104,000 $7,000 $97,000
2015 $2,535 $113,225 $7,000 $106,225
2014 $2,410 $113,225 $7,000 $106,225
2013 $2,258 $113,225 $7,000 $106,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103603

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01008