NOT LISTED FOR SALE

2740 Towne House Dr NE Unit D Cedar Rapids, IA 52402

Estimated Value: $161,295 - $165,000

2 Beds
2 Baths
1,340 Sq Ft
$141/mo HOA Fee

Last Sold January 31, 2022

Last sale price $142,000 $106 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,276/month

14 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • 1 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • L-Shaped Dining Room
  • Eat-In Kitchen

About This Home

As of January 2022

If you have been waiting to get into this area but all the derecho repairs have you put off, this condo is ready for you! No start-up fee or fears of additional assessments from unfinished work. The unit is well-maintained and updated. Handsome hardwood floors throughout the main living area. Vaulted ceilings and lots of sunshine provide a sense of openness. Storage abounds with a spacious walk-in closet in the master bedroom, large vanities, ample kitchen cabinets, a deep entrance closet, a locked hall closet and an extra-deep single car garage with affixed shelving. Need a dedicated work space? The eat-in kitchen, dining area or 2nd bedroom give flexibility to fit your needs. All appliances are included. Your cat is welcome with HOA approval. Exterior features offer an entrance ramp and assigned parking spot. Add a chair lift to the interior stairs, if needed. Great location, close to parks, medical providers, shopping and dining.

Last Listed By

Beth & Alan Brockette

RUHL & RUHL REALTORS® Listed on: 12/16/2021

RUHL & RUHL REALTORS®

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,698

Year Built

  • 1994

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

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

Accessible Home Design

  • Handicap Accessible

Utilities

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

Community Details

Overview

  • Handicap Modified Features In Community

Recreation

  • Snow Removal

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,698

Year Built

1994

Lot Details

0

HOA Fees

$141 per month

Listing Details

  • Above Grade Finished Sq Ft: 1340
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Dining 'L', Eat-In Kitchen
  • Gross Tax: 2698
  • List User Cell Phone: 319-551-8692
  • Miscellaneous: 3 Seasons, Cable Ready, Handicapped Features, Intercom, Security System, Vaulted Ceiling
  • Net Tax: 2508
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01429
  • Ratio Close Price By Original Li: 1.01429
  • Ratio Current Price By Sq Ft: 105.97
  • Total Sq Ft: 1340
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1994

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 3 Seasons, Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Handicap Features, Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 141
  • Association: Yes

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • High School: Kennedy

Rental Info

  • Pets: Assoc Approval Required, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 26, 2022
Sold by
Viktora Rhonda L
Bought by
Wei Gen and Wei Alaina R
Seller's Agent
Beth & Alan Brockette
RUHL & RUHL REALTORS®
Buyer's Agent
Susan Eaton
SKOGMAN REALTY
List Price
$140,000
Sold Price
$142,000
Premium/Discount to List
$2,000
1.43%
Total Days on Market
14
Current Estimated Value
$163,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,574
Avg. Annual Appreciation
4.16%
Original Mortgage
$127,800
Outstanding Balance
$120,250
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$42,336

Purchase Details

Closed on
Oct 31, 2008
Sold by
Meister Robyn V and Weaver Allen N
Bought by
Viktora Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Packingham Jackie H and Packingham Susan K
Bought by
Meister Robyn V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

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
Wei Gen $142,000 Hawkeye Escrow Company
Viktora Rhonda $117,000 None Available
Meister Robyn V $104,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Gen $127,800
Previous Owner Viktora Rhonda L $94,500
Previous Owner Viktora Rhonda $94,000
Previous Owner Meister Robyn V $83,600
Previous Owner Packingham Jackie H $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $142,000 +1.4% $106 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $140,000 -- $104 / 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
2023 $2,638 $151,600 $23,000 $128,600
2022 $2,640 $133,900 $21,000 $112,900
2021 $2,734 $127,400 $19,000 $108,400
2020 $2,734 $123,900 $19,000 $104,900
2019 $2,470 $114,600 $19,000 $95,600
2018 $2,410 $114,600 $19,000 $95,600
2017 $2,342 $114,400 $12,000 $102,400
2016 $2,342 $110,200 $12,000 $98,200
2015 $2,414 $113,488 $12,000 $101,488
2014 $2,414 $113,488 $12,000 $101,488
2013 $2,364 $113,488 $12,000 $101,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2108332

Cedar Rapids Area Association of REALTORS®

APN: 14054-26001-01003