NOT LISTED FOR SALE

4056 Water Point Ct SW Unit 4056 Cedar Rapids, IA 52404

Estimated Value: $319,000 - $331,000

4 Beds
3 Baths
2,247 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 30, 2025

Last sale price $328,500 $146 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,274/month

30 Days on Market

Highlights

  • Deck
  • Pond
  • Solarium
  • Prairie Ridge Elementary School Rated A-
  • Ranch Style House
  • Porch

About This Home

As of May 2025

?Welcome to this beautifully maintained 4-bedroom, 3-bathroom walk out ranch condominium nestled in the serene Stoney Point Heights community. This home offers a harmonious blend of comfort and convenience.? The main level features vaulted ceilings and an open-concept layout, creating a spacious and inviting atmosphere. The kitchen is equipped with tall cabinets, a pantry, and modern appliances. The primary suite boasts a double vanity bathroom and a walk-in closet. Enjoy the tranquil views of the pond from the three-season porch or the deck, which is also accessible from the primary bedroom.? The lower level offers two additional bedrooms, a full bathroom, and a large recreational room with a fireplace, perfect for entertaining or relaxing. Additional amenities include a two-car attached garage and main-level laundry for added convenience.? Enjoy maintenance-free living with access to a fully stocked pond and private walking trails - the perfect blend of luxury and tranquility!

Last Agent to Sell the Property

Julie Dancer

Lepic-Kroeger, REALTORS Listed on: 04/16/2025

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Julie Dancer

Lepic-Kroeger, REALTORS Listed on: 04/16/2025

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 1999

Lot Details

  • 0.6

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Open Floorplan
  • Solarium

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Porch

Location

  • Property is near shops

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

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

Community Details

  • Association fees include grounds maintenance
  • Stoney Point Heights Pt 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20034-01012-01012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,382

Year Built

Built in 1999

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2247
  • Homebuilder: Unknown
  • Owner Name L F Mi: Smith, Karolyn, K.
  • Ownership Type: Condo Attached
  • Photo Code: Broker Provided
  • Remarks: Lower level square footage is approximate. One reserved prospect.
  • Year Built: 1999
  • Subdivision: Stoney Point Heights Pt 3
  • Directions: Williams Blvd. to right on Stoney Point Road, left on Fox Run, left on Water Point Court
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available, Ceiling-9+ ft
  • Kitchen Breakfast R: Breakfast Bar, Pantry, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Pond
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, Ranch
  • Remarks2: ?Welcome to this beautifully maintained 4-bedroom, 3-bathroom walk out ranch condominium nestled in the serene Stoney Point Heights community. This home offers a harmonious blend of comfort and convenience.? The main level features vaulted ceilings and an open-concept layout, creating a spacious and inviting atmosphere. The kitchen is equipped with tall cabinets, a pantry, and modern appliances. The primary suite boasts a double vanity bathroom and a walk-in closet. Enjoy the tranquil views of the pond from the three-season porch or the deck, which is also accessible from the primary bedroom.? The lower level offers two additional bedrooms, a full bathroom, and a large recreational room with a fireplace, perfect for entertaining or relaxing. Additional amenities include a two-car attached garage and main-level laundry for added convenience.? Enjoy maintenance-free living with access to a fully stocked pond and private walking trails - the perfect blend of luxury and tranquility!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1435
  • Total Full Baths: 3
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 812
  • Laundry Location: Laundry Closet, 1st Floor, Kitchen Area, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Patio, Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Heater
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 2520
  • Fees Include: Grounds Maintenance

Schools

  • High School: College Comm
  • Jr Middle School: College Comm
  • Elementary School: College Comm

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Condo
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 20034-01012-01012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
May 29, 2025
Sold by
Smith Karolyn K
Bought by
Thomas Michael L and Thomas Dawn R
Seller's Agent
Julie Dancer
Lepic-Kroeger, REALTORS
Buyer's Agent
Julie Dancer
Lepic-Kroeger, REALTORS
List Price
$330,000
Sold Price
$328,500
Premium/Discount to List
-$1,500
-0.45%
Views
6
Current Estimated Value
$324,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,921
Avg. Annual Appreciation
-2.89%
Original Mortgage
$220,000
Outstanding Balance
$219,321
Interest Rate
5.85%
Mortgage Type
New Conventional
Estimated Equity
$105,258

Purchase Details

Closed on
May 21, 1999
Sold by
Kaiser Donald J and Kaiser Jo Ann C
Bought by
Smith Stephen C and Smith Karolyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.29%
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
Thomas Michael L $328,500 None Listed On Document
Smith Stephen C $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Michael L $220,000
Previous Owner Smith Stephen C $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $328,500 -0.5% $146 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $330,000 -- $147 / Sq Ft
Source: Iowa City 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 $4,382 $264,900 $36,500 $228,400
2024 $5,156 $248,700 $34,000 $214,700
2023 $5,156 $248,700 $34,000 $214,700
2022 $4,768 $241,600 $34,000 $207,600
2021 $4,552 $228,300 $27,000 $201,300
2020 $4,552 $208,500 $27,000 $181,500
2019 $4,116 $192,000 $27,000 $165,000
2018 $4,140 $192,000 $27,000 $165,000
2017 $4,164 $193,600 $14,000 $179,600
2016 $4,189 $193,600 $14,000 $179,600
2015 $4,185 $194,462 $14,000 $180,462
2014 $3,998 $194,462 $14,000 $180,462
2013 $3,794 $194,462 $14,000 $180,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202502580

Iowa City Area Association of REALTORS®

APN: 20034-01012-01012