NOT LISTED FOR SALE

1491 Tower Ln NE Unit 8 Cedar Rapids, IA 52402

Estimated Value: $154,000 - $176,000

3 Beds
1.5 Baths
1,467 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $142,000 $97 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,265/month

3 Days on Market

Highlights

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

About This Home

As of January 2022

SALE PENDING! Nov 21st open house canceled!! Immaculate townhouse condo! Spacious kitchen, nice size family room and a half bath on the main floor, 2 bedrooms and a large jack-n-jill full bath upstairs, as well as a convenient 2nd floor laundry! Fully finished basement with tons of storage and an additional bedroom. Step outside onto the newly remodeled deck. One stall garage and tons of extra parking for your friends and family! Close to shopping, restaurants and the interstate. Call today to schedule a private showing!

Last Agent to Sell the Property

Jen Steffen

Pinnacle Realty LLC Listed on: 11/17/2021

Pinnacle Realty LLC

Last Buyer's Agent

Aly Chung

Keller Williams Legacy Group

Keller Williams Legacy Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,818

Year Built

  • 2004

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • Deck
  • Cul-De-Sac

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,818

Year Built

2004

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1092
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 2818
  • List User Cell Phone: 319-981-0330
  • Low Lvl Fin Sq Ft: 375
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 2616
  • 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: 130.04
  • Total Sq Ft: 1467
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: res
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Family Room, Gas
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac

Exterior Features

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

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Guest Parking, Off Street Parking, On Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded
  • Association Fee: 150
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: commoon

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 31, 2021
Sold by
Ann Richards Laura
Bought by
Femis Hannah
Seller's Agent
Jen Steffen
Pinnacle Realty LLC
Buyer's Agent
Aly Chung
Keller Williams Legacy Group
List Price
$142,000
Sold Price
$142,000
Current Estimated Value
$169,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,325
Avg. Annual Appreciation
3.44%
Original Mortgage
$137,740
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2015
Closed on
Jul 8, 2015
Sold by
Samuel Sarah
Bought by
Richards Laura Ann
Seller's Agent
Cathy Hill
SKOGMAN REALTY
Buyer's Agent
Mike Schulte
Realty87
List Price
$112,500
Sold Price
$111,500
Premium/Discount to List
-$1,000
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$100,350
Interest Rate
3.62%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
May 23, 2006
Sold by
Jerrys Homes Inc
Bought by
Samuel Sarah

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
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Femis Hannah $142,000 Oshea & Oshea Pc
Richards Laura Ann $111,500 None Available
Samuel Sarah $109,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Femis Hannah $137,740
Previous Owner Richards Laura Ann $100,350
Previous Owner Samuel Sarah $98,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $142,000 0.0% $97 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $142,000 +27.4% $97 / Sq Ft
07/13/2015 07/13/15 Sold $111,500 -0.9% $76 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $112,500 -- $77 / 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 $2,618 $156,700 $23,000 $133,700
2024 $2,992 $154,100 $20,000 $134,100
2023 $2,992 $144,100 $20,000 $124,100
2022 $2,572 $139,800 $20,000 $119,800
2021 $2,526 $125,100 $18,000 $107,100
2020 $2,526 $116,200 $15,000 $101,200
2019 $2,336 $109,100 $15,000 $94,100
2018 $2,286 $109,100 $15,000 $94,100
2017 $2,374 $112,100 $7,000 $105,100
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2107947

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01023