NOT LISTED FOR SALE

1485 Tower Ln NE Unit 6 Cedar Rapids, IA 52402

Estimated Value: $155,000 - $159,000

2 Beds
2 Baths
1,467 Sq Ft
$107/Sq Ft Est. Value

About This Home

This home is located at 1485 Tower Ln NE Unit 6, Cedar Rapids, IA 52402 and is currently estimated at $157,594, approximately $107 per square foot. 1485 Tower Ln NE Unit 6 is a home located in Linn County with nearby schools including Westfield Elementary School, Oak Ridge School, and Linn-Mar High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Evans Chad M
Current Estimated Value
$157,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Outstanding Balance
$48,886
Interest Rate
4.84%
Mortgage Type
New Conventional
Estimated Equity
$108,708

Purchase Details

Closed on
Oct 21, 2010
Sold by
Wells Fargo Bank N A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 12, 2010
Sold by
Lane Michael C and Lane Dawn M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 12, 2006
Sold by
Jerrys Homes Inc
Bought by
Lane Michael C and Lane Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,955
Interest Rate
6.54%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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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.

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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
Evans Chad M -- None Available
Federal Home Loan Mortgage Corp -- None Available
Wells Fargo Bank Na $108,939 None Available
Lane Michael C $109,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Chad M $71,500
Previous Owner Lane Michael C $98,955
Source: Public Records

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 $2,522 $151,400 $23,000 $128,400
2024 $2,878 $148,800 $20,000 $128,800
2023 $2,878 $139,200 $20,000 $119,200
2022 $2,474 $134,800 $20,000 $114,800
2021 $2,428 $120,700 $18,000 $102,700
2020 $2,428 $112,000 $15,000 $97,000
2019 $2,246 $105,200 $15,000 $90,200
2018 $2,188 $105,200 $15,000 $90,200
2017 $2,081 $108,300 $7,000 $101,300
2016 $2,081 $93,000 $7,000 $86,000
2015 $2,275 $101,557 $7,000 $94,557
2014 $2,080 $101,557 $7,000 $94,557
2013 $2,006 $101,557 $7,000 $94,557
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52402

1485 Tower Ln NE Unit 6, Cedar Rapids, IA

Not Listed for Sale

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