450 1st St SW Unit 406 Cedar Rapids, IA 52404
Downtown Cedar Rapids NeighborhoodEstimated payment $2,994/month
Highlights
- Waterfront
- Main Floor Primary Bedroom
- 1 Car Attached Garage
- Contemporary Architecture
- Formal Dining Room
- 5-minute walk to Plaza Park
About This Home
Downtown living at its finest! Enjoy city and river views from this pristine 4th floor 2 BR/2BA condo. Located in a secure elevator building, this spacious condo features a modern kitchen with stainless steel appliances, master bedroom with en suite bath, stunning flooring and an inviting entryway. Enjoy windows galore with from this end unit condo with an attached heated garage! Still time under the tax exemption! For an amazing location and a yardwork-free lifestyle, schedule your viewing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $104
Year Built
- Built in 2016
HOA Fees
- $394 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- On-Street Parking
Home Design
- Contemporary Architecture
- Siding
- Metal Construction or Metal Frame
Interior Spaces
- 1,694 Sq Ft Home
- Family Room
- Formal Dining Room
- Intercom
Kitchen
- Breakfast Bar
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Schools
- Cedar River Academy Elementary School
- Wilson Middle School
- Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Water Softener is Owned
Additional Features
- Patio
- Waterfront
Listing and Financial Details
- Assessor Parcel Number 14282-78019-01029
Community Details
Overview
- High-Rise Condominium
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Map
Home Values in the Area
Average Home Value in this Area
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 | $104 | $459,800 | $70,000 | $389,800 |
| 2024 | -- | $379,800 | $70,000 | $309,800 |
| 2023 | -- | $375,900 | $70,000 | $305,900 |
| 2022 | $0 | $364,400 | $70,000 | $294,400 |
| 2021 | $106 | $299,200 | $4,800 | $294,400 |
| 2020 | $106 | $4,800 | $4,800 | $0 |
| 2019 | $104 | $4,800 | $4,800 | $0 |
| 2018 | $100 | $4,800 | $4,800 | $0 |
| 2017 | $100 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/26/2025 09/26/25 | Pending | -- | -- | -- | |
| 09/24/2025 09/24/25 | For Sale | $495,000 | +6.5% | $292 / Sq Ft | |
| 12/17/2024 12/17/24 | Sold | $465,000 | -2.1% | $274 / Sq Ft | View Prior Sale |
| 11/06/2024 11/06/24 | Price Changed | $475,000 | -3.1% | $280 / Sq Ft | |
| 10/30/2024 10/30/24 | For Sale | $490,000 | +42.0% | $289 / Sq Ft | |
| 09/04/2020 09/04/20 | Sold | $345,000 | -8.0% | $204 / Sq Ft | View Prior Sale |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- | |
| 07/01/2020 07/01/20 | Price Changed | $374,900 | -3.6% | $221 / Sq Ft | |
| 06/05/2020 06/05/20 | For Sale | $389,000 | +3.7% | $230 / Sq Ft | |
| 04/04/2017 04/04/17 | Sold | $375,000 | 0.0% | $222 / Sq Ft | View Prior Sale |
| 11/13/2015 11/13/15 | Pending | -- | -- | -- | |
| 10/14/2015 10/14/15 | For Sale | $375,000 | -- | $222 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | None Listed On Document | |
| Warranty Deed | $465,000 | None Listed On Document | |
| Warranty Deed | $345,000 | None Available | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Estlund Tim A |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $34,500 | Stand Alone Second | |
| Previous Owner | $310,500 | New Conventional |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2508093
APN: 14282-78019-01029
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