450 1st St SW Unit 602 Cedar Rapids, IA 52404
Downtown Cedar Rapids Neighborhood
3
Beds
2.5
Baths
2,422
Sq Ft
$534/mo
HOA Fee
Highlights
- Fitness Center
- Waterfront
- Contemporary Architecture
- Gated Community
- Deck
- 5-minute walk to Plaza Park
About This Home
As of May 2025Simply stunning in a sleek sophisticated manner. Luxe in every dimension, but not "in your face." Across the entire length of the home and from the 26' by 10' balcony, an unparalleled view of the city from this 6th flr. penthouse is the natural star. Other special amenities include skylights, induction cooking, a well-situated bar with dual temp wine storage, an ensuite master tv room, remote controlled blinds and a meandering his & her closet connecting the master bath and laundry room. All is beautifully finished. PH2 is at the center top of the Metropolitan situated directly across from the river and Amphitheater. Two-stall attached garage #9, included, is heated and deep with private entry to a common hall. Condos at the Met enjoy a tax abatement with approx. 7 years remaining for this unit. Additional parking within secure area is available and property management is on site ensuring a fabulous living experience.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $210
Year Built
- 2017
HOA Fees
- $534 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Metal Construction or Metal Frame
Interior Spaces
- 2,422 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Great Room with Fireplace
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary bedroom located on second floor
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- On-Street Parking
Utilities
- Forced Air Cooling System
- Heating Available
- Electric Water Heater
- Cable TV Available
Additional Features
- Deck
- Waterfront
Community Details
Recreation
- Fitness Center
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Resident Manager or Management On Site
- Gated Community
Additional Features
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2025
Closed on
Apr 27, 2025
Sold by
Randall L Reihmann Revocable Trust and Reihmann Randall L
Bought by
Donohue Richard and Donohue Barbara
Seller's Agent
Karen Mathison
Realty87
Buyer's Agent
Jaime Burczek
SKOGMAN REALTY
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.48%
Similar Homes in Cedar Rapids, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $735,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Sold | $735,000 | +1.4% | $303 / Sq Ft |
| 01/04/2025 01/04/25 | Pending | -- | -- | -- |
| 01/04/2025 01/04/25 | For Sale | $725,000 | +9.8% | $299 / Sq Ft |
| 09/19/2019 09/19/19 | Sold | $660,000 | -4.3% | $273 / Sq Ft |
| 07/18/2019 07/18/19 | Pending | -- | -- | -- |
| 07/08/2019 07/08/19 | For Sale | $689,900 | +13.1% | $285 / Sq Ft |
| 05/10/2017 05/10/17 | Sold | $610,000 | +6.1% | $252 / Sq Ft |
| 04/28/2017 04/28/17 | Pending | -- | -- | -- |
| 10/14/2015 10/14/15 | For Sale | $575,000 | -- | $237 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $206 | $517,100 | $70,000 | $447,100 |
| 2022 | $204 | $498,800 | $70,000 | $428,800 |
| 2021 | $216 | $438,600 | $9,800 | $428,800 |
| 2020 | $216 | $9,800 | $9,800 | $0 |
| 2019 | $28 | $9,800 | $9,800 | $0 |
| 2018 | $206 | $9,800 | $9,800 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Karen Mathison
Realty87
-
J
Buyer's Agent in 2025
Jaime Burczek
SKOGMAN REALTY
-
C
Seller's Agent in 2019
Candy Wong
SKOGMAN REALTY
-
D
Buyer's Agent in 2019
Daniel Nosbish
SKOGMAN REALTY
-
L
Seller Co-Listing Agent in 2017
Lori Frett
SKOGMAN REALTY
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1905001
APN: 14282-78019-01035
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