NOT LISTED FOR SALE

1480 Tower Ln NE Unit 1 Cedar Rapids, IA 52402

Estimated Value: $196,773 - $209,000

2 Beds
2 Baths
1,167 Sq Ft
$160/mo HOA Fee

Last Sold October 12, 2022

Last sale price $192,450 $165 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,521/month

13 Days on Market

Highlights

  • Ranch Style House
  • Great Room with Fireplace
  • Forced Air Cooling System
  • Westfield Elementary School Rated A
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of October 2022

Great NE location close to shopping and easy access to 380. You will love this open floor plan condo with large kitchen and breakfast bar open to Great Room with gas fireplace. Interior freshly paint and is in like new condition! Lower level is unfinished and ready for you to personalize it for your needs. All kitchen appliances, plus washer and dryer, are included but no warranty. Pets - you can up to 2 with weight limit of 50 lbs. There is a start up fee. Condo is being sold AS IS.

Last Agent to Sell the Property

Daniel Seda

Realty87 Listed on: 08/26/2022

Realty87

Last Buyer's Agent

Marie Schulte

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,352

Year Built

  • 2006

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,167 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,352

Year Built

2006

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1167
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 3352
  • List User Cell Phone: 319-431-1010
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 3154
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98718
  • Ratio Close Price By Original Li: 0.98718
  • Ratio Current Price By Sq Ft: 164.91
  • Total Sq Ft: 1167
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 160
  • 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, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 10, 2022
Sold by
Jrg Properties Llc
Bought by
Parr Carla J
Seller's Agent
Daniel Seda
Realty87
Buyer's Agent
Marie Schulte
RUHL & RUHL REALTORS®
List Price
$194,950
Sold Price
$192,450
Premium/Discount to List
-$2,500
-1.28%
Views
86
Current Estimated Value
$203,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,743
Avg. Annual Appreciation
1.86%
Original Mortgage
$145,300
Outstanding Balance
$139,443
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$63,750

Purchase Details

Closed on
Dec 15, 2009
Sold by
Jerrys Homes Inc
Bought by
Jrg Properties Llc
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
Parr Carla J $192,500 --
Jrg Properties Llc $129,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parr Carla J $145,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $192,450 -1.3% $165 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $194,950 -- $167 / 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
2024 $3,460 $172,600 $20,000 $152,600
2023 $3,460 $172,600 $20,000 $152,600
2022 $3,338 $151,400 $20,000 $131,400
2021 $3,224 $150,800 $18,000 $132,800
2020 $3,224 $137,300 $18,000 $119,300
2019 $3,158 $135,900 $18,000 $117,900
2018 $2,856 $135,900 $18,000 $117,900
2017 $3,016 $131,600 $7,000 $124,600
2016 $2,774 $124,000 $7,000 $117,000
2015 $2,994 $133,668 $7,000 $126,668
2014 $2,994 $133,668 $7,000 $126,668
2013 $2,894 $133,668 $7,000 $126,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2208077

Cedar Rapids Area Association of REALTORS®

APN: 11342-57004-01014