NOT LISTED FOR SALE

450 1st St SW Unit 501 Cedar Rapids, IA 52404

Downtown Cedar Rapids Neighborhood

Estimated Value: $339,000 - $636,000

2 Beds
2 Baths
2,250 Sq Ft
$486/mo HOA Fee

Last Sold August 30, 2017

Last sale price $686,500 $305 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $3,354/month

575 Days on Market

Highlights

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

About This Home

As of August 2017

Your 66 ft. long wrap balcony will provide unparalleled views of the city and be a fabulous place to enjoy life. Discover The New Height of Living across from the Amphitheater in Kingston Village: The Metropolitan. Exclusive w/only 13 homes 2500-1400 Sq. Ft. on the top 3 floors of an integrated urban living experience. Also enjoy 10 years of tax savings, 100% on improvements meaning very little taxation. Chose your interior selections. Keep healthy at the fitness center & make use of a guest suite, too. Relax on the riverfront plaza. View a stunning panorama of the city from this corner fifth floor condo. With 2253 Sq. Ft. there is plentiful space for all of your needs. Secure building entrance and 2 private heated garages are included. 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. *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

Candy Wong

SKOGMAN REALTY Listed on: 10/14/2015

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $104

Year Built

  • 2016

HOA Fees

  • $486 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Masonry

Interior Spaces

  • 2,250 Sq Ft Home
  • Sound System
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal 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

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric 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

Security

  • Resident Manager or Management On Site
  • Gated Community

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$104

Year Built

2016

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise
  • Above Grade Finished Sq Ft: 2250
  • 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, Formal Dining
  • List User Cell Phone: 319-560-3259
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Security System, Sound System, Vaulted Ceiling
  • New Construction: Yes
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.19391
  • Ratio Close Price By Original Li: 1.38687
  • Ratio Current Price By Sq Ft: 305.11
  • Total Sq Ft: 2250
  • 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 – Electric
  • 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
  • Exterior: Cement Board, Partial Stone

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Heated Garage

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Exercise Room, Guest Room Facilities, Laundry In Unit, Onsite Maint Person, Secured Entrance
  • Association Fee: 486
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Building Info

  • Builder Name: Hobart

Rental Info

  • Pets: # Of Pets Allowed

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Slater Patrick $510,400
Closed Slater Lois E $544,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $686,500 +38.7% $305 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
10/14/2015 10/14/15 For Sale $495,000 -- $220 / 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 $104 $494,500 $70,000 $424,500
2022 $102 $477,700 $70,000 $407,700
2021 $108 $412,600 $4,900 $407,700
2020 $108 $4,900 $4,900 $0
2019 $106 $4,900 $4,900 $0
2018 $102 $4,900 $4,900 $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

    105 Total Sales

    Lori Frett
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1590907

Cedar Rapids Area Association of REALTORS®

APN: 14282-78019-01030

Iowa Linn County Cedar Rapids 52404 Downtown Cedar Rapids

450 1st St SW Unit 501, Cedar Rapids, IA

This home is located at 450 1st St SW Unit 501, Cedar Rapids, IA 52404 since 14 October 2015 and is currently estimated at $511,752, approximately $227 per square foot. This property was built in 2016. 450 1st St SW Unit 501 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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