NOT LISTED FOR SALE

1481 Tower Ln NE Unit 1 Cedar Rapids, IA 52402

Estimated Value: $136,000 - $166,000

2 Beds
1.5 Baths
1,456 Sq Ft
$150/mo HOA Fee

Last Sold June 09, 2023

Last sale price $155,000 $106 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,269/month

Highlights

  • Deck
  • Forced Air Cooling System
  • Level Lot
  • Westfield Elementary School Rated A
  • Breakfast Bar

About This Home

As of June 2023

Welcome home to this adorable 2 story with an amazing wooded view off the back deck. Enjoy a cup of tea and watch the wildlife. The location is close to shopping and dining. The condo has 2 bedrooms,1.5 baths and an in unit laundry. The finished basement can be a home office, art studio, extra bedroom or work out room; The workout equipment CAN BE LEFT OR REMOVED. Extra guest parking just steps away from your front door. You will have plenty of space to spread out and make this a wonderful home.

Last Listed By

Lisa Coots-Schooley

Pinnacle Realty LLC Listed on: 04/28/2023

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,205

Year Built

  • 2004

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,205

Year Built

2004

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1092
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 3205
  • List User Cell Phone: 641-781-0867
  • Low Lvl Fin Sq Ft: 364
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 3006
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01974
  • Ratio Close Price By Original Li: 1.01974
  • Ratio Current Price By Sq Ft: 141.94
  • Total Sq Ft: 1456
  • 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, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 5
  • Site Description: Level

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car
  • Garage Size: 230

Utilities

  • Heating Cooling: Central Air, Forced Air

Condo/Co-op/Association

  • Association Fee: 150
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 8, 2023
Sold by
Wilhelm Spencer R
Bought by
Terzo Tiffany M
Seller's Agent
Lisa Coots-Schooley
Pinnacle Realty LLC
Buyer's Agent
Halea Hartke
Century 21 Signature Real Estate
List Price
$152,000
Sold Price
$155,000
Premium/Discount to List
$3,000
1.97%
Total Days on Market
0
Views
12
Current Estimated Value
$156,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,286
Avg. Annual Appreciation
0.44%
Original Mortgage
$124,000
Outstanding Balance
$121,354
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$34,932

Purchase Details

Closed on
Dec 16, 2020
Sold by
Prins Brittany J and Brown Adam
Bought by
Wilhelm Spencer R

Purchase Details

Closed on
Mar 18, 2010
Sold by
Hueneke Nicholas
Bought by
Prins Brittany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Jerrys Homes Inc
Bought by
Hueneke Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.66%
Mortgage Type
Balloon

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
Terzo Tiffany M $155,000 None Listed On Document
Wilhelm Spencer R $129,000 None Available
Prins Brittany J $116,000 None Available
Hueneke Nicholas $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terzo Tiffany M $124,000
Previous Owner Prins Brittany Joy $86,500
Previous Owner Prins Brittany J $93,200
Previous Owner Hueneke Nick $12,000
Previous Owner Hueneke Nicholas $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $155,000 +2.0% $106 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $152,000 -- $104 / 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 $2,974 $143,400 $20,000 $123,400
2022 $2,556 $139,000 $20,000 $119,000
2021 $2,394 $124,400 $18,000 $106,400
2020 $2,394 $110,600 $15,000 $95,600
2019 $2,216 $103,900 $15,000 $88,900
2018 $2,156 $103,900 $15,000 $88,900
2017 $2,278 $107,900 $7,000 $100,900
2016 $2,073 $92,700 $7,000 $85,700
2015 $2,267 $101,205 $7,000 $94,205
2014 $2,072 $101,205 $7,000 $94,205
2013 $1,998 $101,205 $7,000 $94,205
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lisa Coots-Schooley

    Pinnacle Realty LLC

    (641) 781-0867

    72 Total Sales

    Lisa Coots-Schooley
    Section Image

  • H

    Buyer's Agent in 2023

    Halea Hartke

    Century 21 Signature Real Estate

    (319) 491-7118

    83 Total Sales

    Halea Hartke
    Section Image
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Map

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2302660

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01016

Iowa Linn County Cedar Rapids 52402

1481 Tower Ln NE Unit 1, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 1481 Tower Ln NE Unit 1, Cedar Rapids, IA 52402 since 28 April 2023 and is currently estimated at $156,286, approximately $107 per square foot. This property was built in 2004. 1481 Tower Ln NE Unit 1 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.