$345,000
SOLD SEP 4, 2020

450 1st St SW Unit 406 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood
2 Beds
2 Baths
1,694 Sq Ft
$389/mo HOA Fee

Recently Sold

$204 Per Sq Ft

11% Below List Price

62 Days on Market

Highlights

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

About This Home

As of December 2024

Call this amazing spacious condo at the Metropolitan yours and enjoy the 3-sided spectacular views overlooking the river, Amphitheater and downtown Cedar Rapids. Beautiful finishes and warm greige tones form the backdrop for a modern lifestyle. Lightly lived in, the 1694 square foot unit is one of the two largest 4th floor units. It features a large balcony for enjoyment outdoors, too. The windows are expansive; there is even one in the pantry! One private, heated garage attached to the building is included. Secured parking within a gated area is available for ongoing rental; Rent has been paid until May 2021. Pets are welcome. Owners may also secure a lifetime membership for use of the fitness center for $1000. Experience the best of downtown in this beautiful home.

Last Agent to Sell the Property

Candy Wong

SKOGMAN REALTY Listed on: 06/05/2020

SKOGMAN REALTY

Last Buyer's Agent

Jane Glantz

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $100

Year Built

  • 2017

HOA Fees

  • $389 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,694 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Combination Kitchen and 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

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Waterfront

Community Details

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$100

Year Built

2017

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise, Over 2 Stories
  • Above Grade Finished Sq Ft: 1694
  • Association Fee Frequency: Month
  • Association Management: By Association, 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, Kitchen/Dining Combo
  • Gross Tax: 100
  • List User Cell Phone: 319-560-3259
  • Miscellaneous: Cable Ready, Deck, Elevator, Intercom, Security System
  • Net Tax: 100
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92025
  • Ratio Close Price By Original Li: 0.88689
  • Ratio Current Price By Sq Ft: 203.66
  • Total Sq Ft: 1694
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Great Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 4
  • Site Description: Water Front

Exterior Features

  • Construction Methods: Frame, Metal Frame
  • Exterior: Composite

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Heated Garage, Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Exercise Room, Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 389
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Assoc Approval Required, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Dec 17, 2024
Sold by
Griggs Leslie K
Bought by
Crimson Rose Llc
Seller's Agent
Leslie Harvieux
SKOGMAN REALTY
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$490,000
Sold Price
$465,000
Premium/Discount to List
-$25,000
-5.1%
Views
25
Current Estimated Value
$466,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,757
Avg. Annual Appreciation
0.35%

Purchase Details

Listed on
Jun 5, 2020
Closed on
Sep 3, 2020
Sold by
Almutawa Adel Mohamed and Almutawa Adel
Bought by
Griggs Leslie K
Seller's Agent
Candy Wong
SKOGMAN REALTY
Buyer's Agent
Jane Glantz
SKOGMAN REALTY
List Price
$389,000
Sold Price
$345,000
Premium/Discount to List
-$44,000
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$34,500
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed $465,000 None Listed On Document
Warranty Deed $345,000 None Available
Warranty Deed -- Estlund Tim A
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $34,500 Stand Alone Second
Previous Owner $34,500 Stand Alone Second
Previous Owner $310,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $465,000 -2.1% $274 / Sq Ft
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
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
11/13/2015 11/13/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $375,000 -- $222 / 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 -- $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
Source: Public Records

Agents Affiliated with this Home

  • Leslie Harvieux

    Seller's Agent in 2024

    Leslie Harvieux

    SKOGMAN REALTY

    (319) 899-6162

    1 in this area

    28 Total Sales

    Section Image
  • Debra Callahan

    Buyer's Agent in 2024

    Debra Callahan

    RE/MAX

    (319) 431-3559

    3 in this area

    673 Total Sales

    Section Image

  • C

    Seller's Agent in 2020

    Candy Wong

    SKOGMAN REALTY

    (319) 560-3259

    1 in this area

    47 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jane Glantz

    SKOGMAN REALTY

    (319) 551-3600

    3 in this area

    180 Total Sales

    Section Image
  • Lori Frett

    Seller Co-Listing Agent in 2017

    Lori Frett

    SKOGMAN REALTY

    (319) 533-2594

    106 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Sara Vancura

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004097

Cedar Rapids Area Association of REALTORS®

APN: 14282-78019-01029

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

450 1st St SW Unit 406, Cedar Rapids, IA

This home is located at 450 1st St SW Unit 406, Cedar Rapids, IA 52404 and is currently priced at $345,000, approximately $203 per square foot. This property was built in 2017. 450 1st St SW Unit 406 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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