NOT LISTED FOR SALE

1485 Tower Ln NE Unit 4 Cedar Rapids, IA 52402

Estimated Value: $146,000 - $183,000

2 Beds
1.5 Baths
1,392 Sq Ft
$117/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $113,000 $81 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,075/month

18 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Breakfast Bar
  • Westfield Elementary School Rated A
  • Forced Air Cooling System

About This Home

As of August 2017

Wonderful move in ready condo in ideal NE location. Main floor kitchen and living room area are bright and open. Walk out the sliding glass door to the private deck overlooking the woods. The 2nd floor features 2 large bedrooms both with large closets and access to the large jack and jill bathroom. The laundry is conveniently located on the 2nd floor. The basement has amazing space for extra living area or could be used for an additional bedroom with large daylight window. Close to shopping, I 380, Rockwell Collins and parks. Pets allowed(# restriction) Sq ft per assessor & seller buyer to confirm.

Last Agent to Sell the Property

Brandi McKenney

IOWA REALTY Listed on: 06/23/2017

Last Buyer's Agent

Lisa Nolan

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,364

Year Built

  • 2004

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

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 Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,364

Year Built

2004

Lot Details

0

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1092
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 2364
  • List User Cell Phone: 319-540-5500
  • Low Lvl Fin Sq Ft: 300
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 2169
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98261
  • Ratio Close Price By Original Li: 0.98261
  • Ratio Current Price By Sq Ft: 103.48
  • Total Sq Ft: 1392
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry
  • Basement: Full
  • 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

Exterior Features

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

Garage/Parking

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

Utilities

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

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

Closed on
Oct 7, 2024
Sold by
Armstrong Lyndsie J and Puffett Lyndsie J
Bought by
Long Amanda H
Current Estimated Value
$162,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$124,637
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$37,605

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 16, 2017
Sold by
Fuller Debra L and Rosenthal Debra L
Bought by
Armstrong Lyndsie J
Seller's Agent
Brandi McKenney
IOWA REALTY
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$115,000
Sold Price
$113,000
Premium/Discount to List
-$2,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$90,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2010
Sold by
Bearrows Michael E and Bearrows Sara E
Bought by
Rosenthal Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,100
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2006
Sold by
Jerrys Homes Inc
Bought by
Bearrows Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,950
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Long Amanda H $140,000 None Listed On Document
Armstrong Lyndsie J -- None Available
Rosenthal Debra L $105,500 None Available
Bearrows Cheryl A $109,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Amanda H $126,000
Previous Owner Armstrong Lyndsie J $90,400
Previous Owner Rosenthal Debra L $90,100
Previous Owner Bearrows Cheryl A $109,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $113,000 -1.7% $81 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $115,000 -- $83 / 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 $2,574 $154,200 $23,000 $131,200
2024 $2,940 $151,700 $20,000 $131,700
2023 $2,940 $141,800 $20,000 $121,800
2022 $2,524 $137,500 $20,000 $117,500
2021 $2,482 $123,000 $18,000 $105,000
2020 $2,482 $114,300 $15,000 $99,300
2019 $2,294 $107,300 $15,000 $92,300
2018 $2,350 $107,300 $15,000 $92,300
2017 $2,074 $107,900 $7,000 $100,900
2016 $2,074 $92,700 $7,000 $85,700
2015 $2,266 $101,205 $7,000 $94,205
2014 $2,266 $101,205 $7,000 $94,205
2013 $2,192 $101,205 $7,000 $94,205
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brandi McKenney

    IOWA REALTY

    Section Image
  • Lisa Nolan

    Buyer's Agent in 2017

    Lisa Nolan

    RE/MAX

    (319) 551-3206

    151 Total Sales

    Lisa Nolan
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1706583

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01019

Iowa Linn County Cedar Rapids 52402

1485 Tower Ln NE Unit 4, Cedar Rapids, IA

This home is located at 1485 Tower Ln NE Unit 4, Cedar Rapids, IA 52402 since 23 June 2017 and is currently estimated at $162,242, approximately $116 per square foot. This property was built in 2004. 1485 Tower Ln NE Unit 4 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.

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