450 1st St SW Unit 402 Cedar Rapids, IA 52404
Downtown Cedar Rapids Neighborhood
2
Beds
2
Baths
1,350
Sq Ft
$270/mo
HOA Fee
Highlights
- Fitness Center
- Gated Community
- Deck
- New Construction
- Waterfront
- 5-minute walk to Plaza Park
About This Home
As of November 2019Discover the New Height of Living in Kingston Village at The Metropolitan. Exclusive w/ only 13 homes, 2500-1350 Sq. Ft. on the top 3 floors of an integrated urban living experience. Now, also enjoy tax savings for 10 years, 100% on the improvements meaning very little taxation. Chose your own interior selections. Your beautiful home will feature unparalleled views of the city skyline from your private balcony. Relax on the riverfront plaza spanning the front of the building. This wonderfully designed 2 bedroom condo with 1350 sq. ft. directly overlooks the Cedar River and offers a central expansive great room. Secure entry and private heated garage available for purchase @ $20,000. Homes will be available March 2017. Exclusive one-time Met Membership fee of $1000 entitles you to many benefits including private fitness center and a list of concierge services. It's time to simplify and enjoy contemporary living in a truly unique community at The Metropolitan.
Property Details
Home Type
- Condominium
Year Built
- 2016
HOA Fees
- $270 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
- L-Shaped Dining Room
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
Parking
- Garage
- Garage Door Opener
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Handicap Accessible
- Deck
- Waterfront
Community Details
Overview
- Built by Hobart
Recreation
- Fitness Center
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Security
- Resident Manager or Management On Site
- Gated Community
Amenities
- 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
Realty87
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%
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
$101,737
Avg. Annual Appreciation
4.75%
Original Mortgage
$33,000
Outstanding Balance
$29,485
Interest Rate
3.75%
Mortgage Type
Stand Alone Second
Estimated Equity
$400,553
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $33,000 | Stand Alone Second | |
| Open | $297,000 | New Conventional | |
| Previous Owner | $221,500 | Adjustable Rate Mortgage/ARM |
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
-
Seller's Agent in 2019
Karen Mathison
Realty87
(319) 573-8106
3 in this area
150 Total Sales
-
A
Buyer's Agent in 2019
Amy Gilson
Keller Williams Legacy Group
(319) 651-1333
10 Total Sales
-
C
Seller's Agent in 2017
Candy Wong
SKOGMAN REALTY
(319) 560-3259
1 in this area
47 Total Sales
-
Seller Co-Listing Agent in 2017
Lori Frett
SKOGMAN REALTY
(319) 533-2594
106 Total Sales
-
S
Buyer's Agent in 2017
Shirley Jost
IOWA REALTY
(319) 310-8598
42 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1591328
APN: 14282-78019-01025
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Information is deemed reliable but not guaranteed.
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