NOT LISTED FOR SALE

2055 N Towne Ln NE Cedar Rapids, IA 52402

Estimated Value: $777,335

-- Bed
-- Bath
63,200 Sq Ft
$12/Sq Ft Est. Value

About This Home

This home is located at 2055 N Towne Ln NE, Cedar Rapids, IA 52402 and is currently priced at $777,335, approximately $12 per square foot. 2055 N Towne Ln NE is a home located in Linn County with nearby schools including Wright Elementary School, Harding Middle School, and George Washington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Jkw Enterprises Llc
Bought by
Cedar Rapids Industrial Property Llc
Current Estimated Value
$777,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Outstanding Balance
$900,162
Interest Rate
6.78%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 21, 2014
Sold by
Jkw Enterprises Inc
Bought by
Jkw Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 2, 2008
Sold by
Kenwood Warehouse Co
Bought by
Jkw Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2008
Sold by
Mcnulty Martin D and Mcnulty Loyola D
Bought by
Jkw Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cedar Rapids Industrial Property Llc $750,000 River Ridge Escrow
Cedar Rapids Industrial Property Llc $750,000 River Ridge Escrow
Jkw Enterprises Llc -- None Available
Jkw Enterprises Inc $624,000 None Available
Jkw Enterprises Inc $649,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedar Rapids Industrial Property Llc $940,000
Closed Cedar Rapids Industrial Property Llc $940,000
Previous Owner Jkw Enterprises Llc $600,000
Previous Owner Jkw Enterprises Llc $1,300,000
Previous Owner Jkw Enterprises Inc $1,300,000
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
2023 $3,062 $635,600 $282,800 $352,800
2022 $2,316 $617,500 $282,800 $334,700
2021 $57,264 $952,200 $282,800 $669,400
2020 $57,264 $3,149,700 $271,000 $2,878,700
2019 $55,004 $1,706,400 $271,000 $1,435,400
2018 $54,422 $1,706,400 $271,000 $1,435,400
2017 $37,639 $1,766,200 $271,000 $1,495,200
2016 $37,639 $1,094,400 $271,000 $823,400
2015 $36,928 $1,059,849 $271,000 $788,849
2014 $34,012 $1,059,849 $271,000 $788,849
2013 $37,614 $1,059,849 $271,000 $788,849
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52402

2055 N Towne Ln NE, Cedar Rapids, IA

This home is located at 2055 N Towne Ln NE, Cedar Rapids, IA 52402 and is currently priced at $777,335, approximately $12 per square foot. 2055 N Towne Ln NE is a home located in Linn County with nearby schools including Wright Elementary School, Harding Middle School, and George Washington 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.

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