NOT LISTED FOR SALE

450 1st St SW Unit 404 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood

Estimated Value: $376,825 - $475,000

2 Beds
2 Baths
1,451 Sq Ft
$290/mo HOA Fee

Last Sold October 13, 2017

Last sale price $334,219 $230 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,674/month

650 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Deck
  • New Construction
  • Waterfront
  • 5-minute walk to Plaza Park

About This Home

As of October 2017

Discover The New Height of Living in Kingston Village directly across from the Amphitheater at The Metropolitan. This is the only remaining 4th floor condo in an integrated urban living experience. Now, also enjoy reduced taxes for 10 years. You'll pay monthly an amount of about only 50% of normal Cedar Rapids taxes. Chose your own interior selections. Unparalleled views of the city from your private balcony. Keep healthy at the fitness center and make use of a guest suite, too. Relax on the riverfront plaza spanning the front of the building. This 2 bedroom condo with 1450 sq. ft. directly overlooks the Cedar River and offers a central expansive great room. Secure entry. Purchase a private heated garage for $30,000. Exclusive one-time Met Membership fee of $1000 entitles you to many benefits including private fitness center and a list of concierge services. *Photos of a similar unit*

Last Agent to Sell the Property

Candy Wong

SKOGMAN REALTY Listed on: 10/14/2015

SKOGMAN REALTY

Co-Listed By

Lori Frett

SKOGMAN REALTY

Last Buyer's Agent

Kim Grissel

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $76

Year Built

  • 2016

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Construction or Metal Frame
  • Masonry

Interior Spaces

  • 1,451 Sq Ft Home
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$76

Year Built

2016

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise
  • Above Grade Finished Sq Ft: 1451
  • Association Fee Frequency: Month
  • Association Management: By Developer, Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Dining 'L'
  • List User Cell Phone: 319-560-3259
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Security System, Vaulted Ceiling
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.13295
  • Ratio Close Price By Original Li: 1.15248
  • Ratio Current Price By Sq Ft: 230.34
  • Total Sq Ft: 1451
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2016

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Water Front

Exterior Features

  • Construction Methods: Frame, Masonry, Metal Frame
  • Exterior: Cement Board, Partial Stone

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Exercise Room, Laundry In Unit, Onsite Maint Person, Secured Entrance
  • Association Fee: 290
  • Association: Yes

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: Condo

Building Info

  • Builder Name: Hobart

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Oct 13, 2017
Sold by
Lofts At Red Cedar Llc
Bought by
Prevenas Christopher A
Seller's Agent
Candy Wong
SKOGMAN REALTY
Buyer's Agent
Kim Grissel
IOWA REALTY
List Price
$290,000
Sold Price
$334,219
Premium/Discount to List
$44,219
15.25%
Total Days on Market
650
Current Estimated Value
$425,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,487
Avg. Annual Appreciation
0.35%
Original Mortgage
$125,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Prevenas Christopher A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prevenas Christopher A $100,000
Closed Prevenas Christopher A $169,900
Closed Prevenas Christopher A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $334,219 +15.2% $230 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
10/14/2015 10/14/15 For Sale $290,000 -- $200 / 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 $76 $337,000 $70,000 $267,000
2022 $74 $327,500 $70,000 $257,500
2021 $80 $261,100 $3,600 $257,500
2020 $80 $3,600 $3,600 $0
2019 $78 $3,600 $3,600 $0
2018 $76 $3,600 $3,600 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Candy Wong

    SKOGMAN REALTY

    (319) 560-3259

    1 in this area

    48 Total Sales

    Candy Wong
    Section Image
  • Lori Frett

    Seller Co-Listing Agent in 2017

    Lori Frett

    SKOGMAN REALTY

    (319) 533-2594

    106 Total Sales

    Lori Frett
    Section Image

  • K

    Buyer's Agent in 2017

    Kim Grissel

    IOWA REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1591330

Cedar Rapids Area Association of REALTORS®

APN: 14282-78019-01027

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

450 1st St SW Unit 404, Cedar Rapids, IA

This home is located at 450 1st St SW Unit 404, Cedar Rapids, IA 52404 since 14 October 2015 and is currently estimated at $425,706, approximately $293 per square foot. This property was built in 2016. 450 1st St SW Unit 404 is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson 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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