$320,500
SOLD MAR 23, 2017

450 1st St SW Unit 405 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood
2 Beds
2 Baths
1,350 Sq Ft
$270/mo HOA Fee

Recently Sold

$237 Per Sq Ft

11% Above List Price

422 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Contemporary Architecture
  • Gated Community
  • Deck
  • 5-minute walk to Plaza Park

About This Home

As of October 2020

Discover The New Height of Living in Kingston Village at The Metropolitan, directly across from the Amphitheater. Exclusive w/ only 13 homes from 2500-1350 Sq. Ft. on the top 3 floors of a truly integrated urban living experience. Now also enjoy tax savings for 10 years, 100% on improvements meaning very little taxation. Chose your own interior selections. Your beautiful home will feature 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 wonderfully designed 2 bedroom condo with 1350 sq. ft. directly overlooks the Cedar River and offers a central expansive great room. Secure entry. Purchase a private heated garage for $20,000. Homes will be available Feb. 2017. It's time to simplify and enjoy contemporary living in a truly unique community at The Metropolitan.

Last Agent to Sell the Property

Jill Gustin

SKOGMAN REALTY Listed on: 10/14/2015

Co-Listed By

Lori Frett

SKOGMAN REALTY

Last Buyer's Agent

Kathy Horan

Keller Williams Legacy Group

Property Details

Home Type

  • Condominium

Year Built

  • 2016

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Home to be built
  • 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

Property Details

Home Type

Condominium

Year Built

2016

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise, Over 2 Stories
  • Above Grade Finished Sq Ft: 1350
  • Association Fee Frequency: Month
  • Association Management: By Developer
  • 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: 319-360-0440
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Security System, Vaulted Ceiling
  • New Construction: To Be Built
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.06833
  • Ratio Close Price By Original Li: 1.10517
  • Ratio Current Price By Sq Ft: 237.41
  • Total Sq Ft: 1350
  • 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: 270
  • 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
Mar 22, 2017
Sold by
Lofts At Red Cedar Llc
Bought by
Horan Kathleen A
Seller's Agent
Jill Gustin
SKOGMAN REALTY
Buyer's Agent
Kathy Horan
Keller Williams Legacy Group
List Price
$290,000
Sold Price
$320,500
Premium/Discount to List
$30,500
10.52%
Current Estimated Value
$404,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,706
Avg. Annual Appreciation
3.60%
Original Mortgage
$250,500
Outstanding Balance
$205,426
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$225,445
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $320,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $335,000 -1.5% $248 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $339,950 +1.5% $252 / Sq Ft
08/14/2020 08/14/20 Off Market $335,000 -- --
07/23/2020 07/23/20 Price Changed $339,950 -1.4% $252 / Sq Ft
07/05/2020 07/05/20 Price Changed $344,950 -1.4% $256 / Sq Ft
05/27/2020 05/27/20 Price Changed $349,950 -1.4% $259 / Sq Ft
01/12/2020 01/12/20 For Sale $355,000 +10.8% $263 / Sq Ft
03/23/2017 03/23/17 Sold $320,500 +10.5% $237 / Sq Ft
12/09/2016 12/09/16 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

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 -- $327,100 $70,000 $257,100
2022 $0 $318,100 $70,000 $248,100
2021 $0 $252,900 $4,800 $248,100
2020 $0 $4,800 $4,800 $0
2019 $0 $4,800 $4,800 $0
2018 $0 $4,800 $4,800 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kathy Horan

    Keller Williams Legacy Group

  • Wendy Votroubek

    Buyer's Agent in 2020

    Wendy Votroubek

    SKOGMAN REALTY

    (319) 389-7653

    2 in this area

    259 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Jill Gustin

    SKOGMAN REALTY

    Section Image
  • Lori Frett

    Seller Co-Listing Agent in 2017

    Lori Frett

    SKOGMAN REALTY

    (319) 533-2594

    106 Total Sales

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1591331

Cedar Rapids Area Association of REALTORS®

APN: 14282-78019-01028

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

450 1st St SW Unit 405, Cedar Rapids, IA

This home is located at 450 1st St SW Unit 405, Cedar Rapids, IA 52404 and is currently priced at $320,500, approximately $237 per square foot. This property was built in 2016. 450 1st St SW Unit 405 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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