$111,500
SOLD JUL 13, 2015

1491 Tower Ln NE Unit 8 Cedar Rapids, IA 52402

3 Beds
1.5 Baths
1,467 Sq Ft
2004 Built

Recently Sold

$76 Per Sq Ft

1% Below List Price

16 Days on Market

Highlights

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

About This Home

As of January 2022

Tremendous, Eloquent, and Spacious townhouse located on the NE side of Cedar Rapids. This is the place for you! This open layout offers great room that is great for hosting family and friends. It also features a cozy gas fireplace surrounded by tile. Head into the kitchen where you will discover plenty of counter space, oak floors, breakfast bar, range, microwave, refrigerator, dishwasher, and disposal! Also included on the main level is a half bath. Upstairs the master bedroom offers dual closets and access to the connecting full bath. Additional bedroom is right down the hall and offers similar features. 2nd floor laundry is an added bonus! The newly finished lower level displays rec room and 3rd bedroom with daylight window! Wood deck on the back of this townhouse is great for BBQ's or just hanging outside on those nice Iowa days. Association dues are $85/month

Last Agent to Sell the Property

Cathy Hill

SKOGMAN REALTY Listed on: 05/11/2015

SKOGMAN REALTY

Last Buyer's Agent

Mike Schulte

Realty87

Realty87

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,235

Year Built

  • 2004

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Breakfast Bar
  • Laundry on upper level

Bedrooms and Bathrooms

  • Primary Bedroom on Main

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,235

Year Built

2004

Lot Details

0

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1092
  • Total Bathrooms: 1.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar
  • Gross Tax: 2235
  • List User Cell Phone: 319-350-8521
  • Low Lvl Fin Sq Ft: 375
  • Miscellaneous: Deck
  • Net Tax: 2234
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99111
  • Ratio Close Price By Original Li: 0.99111
  • Ratio Current Price By Sq Ft: 102.11
  • Total Sq Ft: 1467
  • Tax Roll Number: 113425600401023
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2004

Interior Features

  • Appliances Included: Garage Door Opener, Water Heater – Gas
  • Additional Room: 2nd Floor Laundry
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

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

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
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 Type Sale Price Title Company
Warranty Deed $142,000 Oshea & Oshea Pc
Warranty Deed $111,500 None Available
Corporate Deed $109,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $137,740 New Conventional
Previous Owner $100,350 Closed End Mortgage
Previous Owner $98,955 Purchase Money Mortgage
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

  • Jen Steffen

    Seller's Agent in 2022

    Jen Steffen

    Pinnacle Realty LLC

    (319) 981-0330

    90 Total Sales

    Jen Steffen
    Section Image

  • A

    Buyer's Agent in 2022

    Aly Chung

    Keller Williams Legacy Group

    (319) 651-5631

    17 Total Sales

    Aly Chung
    Section Image
  • Cathy Hill

    Seller's Agent in 2015

    Cathy Hill

    SKOGMAN REALTY

    (319) 350-8521

    203 Total Sales

    Cathy Hill
    Section Image

  • M

    Buyer's Agent in 2015

    Mike Schulte

    Realty87

    100 Total Sales

    Mike Schulte
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1503752

Cedar Rapids Area Association of REALTORS®

APN: 11342-56004-01023

Iowa Linn County Cedar Rapids 52402

1491 Tower Ln NE Unit 8, Cedar Rapids, IA

This home is located at 1491 Tower Ln NE Unit 8, Cedar Rapids, IA 52402 and is currently priced at $111,500, approximately $76 per square foot. This property was built in 2004. 1491 Tower Ln NE Unit 8 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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