450 1st St SW Unit 402 Cedar Rapids, IA 52404
Downtown Cedar Rapids NeighborhoodEstimated Value: $376,951 - $490,000
2
Beds
2
Baths
1,350
Sq Ft
$320/mo
HOA Fee
Highlights
- Fitness Center
- Waterfront
- Contemporary Architecture
- Gated Community
- Deck
- 5-minute walk to Plaza Park
About This Home
As of November 2019The central location and beautiful views from the Metropolitan make it the finest modern residential building in downtown Cedar Rapids.
After entering the secure access building and taking the elevator to the 4th floor, upon entering unit 402 (directly across from the McGrath amphitheater), one is awed by a fantastic view of downtown Cedar Rapids and the Cedar River.
The condo includes luxury in-unit amenities, along with secure entrance/floor access, and smart home features. An open-concept kitchen/living area with a fireplace leads to the outdoor deck with sweeping views of downtown Cedar Rapids. Other features include; an in-unit laundry room, NEST learning thermostat, quartz countertops along with solid maple soft close cabinetry featured in the kitchen and both bathrooms, Bosch appliances with dual range gas stove, an in-island wine fridge, modern three blade ceiling fans with distressed Koa blades and LED lighting, floor to ceiling tiled shower, and jetted bath-tub in master bath. The split floor plan provides privacy for the master suite and guest bedroom/office, with another full bath.
Combined with an attached heated one-car garage, on-site exercise room, restaurant, and property manager; this condo is the perfect place for convenient Downtown living.
Eight years of tax rebate for the condo remain. The building is pet-friendly. If you dream of a convenient life in a perfect location, call today for a private showing.
Property Details
Home Type
- Condominium
Year Built
- 2016
HOA Fees
- $320 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Frame Construction
- Metal Construction or Metal Frame
- Masonry
Interior Spaces
- 1,350 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Great Room with Fireplace
- Laundry in unit
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
Home Security
- Home Security System
- Intercom
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Deck
- Waterfront
Community Details
Recreation
- Fitness Center
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Security
- Resident Manager or Management On Site
- Gated Community
Additional Features
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2019
Closed on
Nov 19, 2019
Sold by
Stejskal Grant and Stejskal Denise
Bought by
Blake Bryan S
Seller's Agent
Karen Mathison
COLDWELL BANKER HEDGES
Buyer's Agent
Amy Gilson
Keller Williams Legacy Group
List Price
$379,000
Sold Price
$330,000
Premium/Discount to List
-$49,000
-12.93%
Total Days on Market
107
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,738
Avg. Annual Appreciation
4.90%
Original Mortgage
$33,000
Outstanding Balance
$29,485
Interest Rate
3.75%
Mortgage Type
Stand Alone Second
Estimated Equity
$401,253
Purchase Details
Listed on
Oct 14, 2015
Closed on
Aug 22, 2017
Sold by
Lofts At Red Cedar Llc
Bought by
Stejskal Grant and Stejskal Denise
Seller's Agent
Candy Wong
SKOGMAN REALTY
Buyer's Agent
Shirley Jost
IOWA REALTY
List Price
$290,000
Sold Price
$337,418
Premium/Discount to List
$47,418
16.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.99%
Original Mortgage
$221,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Cedar Rapids, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blake Bryan S | $330,000 | None Available | |
| Stejskal Grant | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blake Bryan S | $33,000 | |
| Open | Blake Bryan S | $297,000 | |
| Previous Owner | Stejskal Grant | $221,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2019 11/22/19 | Sold | $330,000 | -1.8% | $244 / Sq Ft |
| 09/27/2019 09/27/19 | Pending | -- | -- | -- |
| 08/30/2019 08/30/19 | Price Changed | $336,000 | -5.4% | $249 / Sq Ft |
| 07/29/2019 07/29/19 | Price Changed | $355,000 | -3.8% | $263 / Sq Ft |
| 07/18/2019 07/18/19 | Price Changed | $369,000 | -2.6% | $273 / Sq Ft |
| 06/12/2019 06/12/19 | For Sale | $379,000 | +12.3% | $281 / Sq Ft |
| 08/28/2017 08/28/17 | Sold | $337,418 | +16.4% | $250 / Sq Ft |
| 05/05/2017 05/05/17 | Pending | -- | -- | -- |
| 10/14/2015 10/14/15 | For Sale | $290,000 | -- | $215 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | -- | $327,100 | $70,000 | $257,100 |
| 2022 | $0 | $318,100 | $70,000 | $248,100 |
| 2021 | $0 | $251,200 | $3,100 | $248,100 |
| 2020 | $0 | $3,100 | $3,100 | $0 |
| 2019 | $66 | $3,100 | $3,100 | $0 |
| 2018 | $64 | $3,100 | $3,100 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Mathison
Seller's Agent in 2019
Karen Mathison
COLDWELL BANKER HEDGES
(319) 573-8106
3 in this area
150 Total Sales
-
Amy Gilson
A
Buyer's Agent in 2019
Amy Gilson
Keller Williams Legacy Group
(319) 651-1333
11 Total Sales
-
Candy Wong
C
Seller's Agent in 2017
Candy Wong
SKOGMAN REALTY
(319) 560-3259
1 in this area
48 Total Sales
-
Lori Frett
Seller Co-Listing Agent in 2017
Lori Frett
SKOGMAN REALTY
(319) 533-2594
105 Total Sales
-
Shirley Jost
S
Buyer's Agent in 2017
Shirley Jost
IOWA REALTY
(319) 310-8598
45 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1904371
APN: 14282-78019-01025
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Information is deemed reliable but not guaranteed.
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