Seller's Agent in 2021
Karen Mathison
COLDWELL BANKER HEDGES
(319) 573-8106
2 in this area
153 Total Sales
450 1st St SW Unit 603 Cedar Rapids, IA 52404
Downtown Cedar Rapids NeighborhoodEstimated Value: $410,000 - $776,000
3
Beds
2
Baths
2,586
Sq Ft
$567/mo
HOA Fee
Highlights
- Fitness Center
- Waterfront
- Contemporary Architecture
- Gated Community
- Deck
- 5-minute walk to Plaza Park
About This Home
As of August 2021The Metropolitan offers the finest condos in the corridor. This one-of-a-kind penthouse end unit custom-designed by Chuck Bruggman offers the rare chance to experience urban living in Cedar Rapids. It includes 2586 sq ft with a 36x20 wrap-around deck that was built with extra support to hold a hot tub and boasts incredible river views from every room. The secured building includes an on-site concierge manager, two elevators, with secured floor access, a fitness center, and two restaurants. Additional features include a walk-in pantry with coffee bar, Thermador stainless steel appliances, whole house vacuum, gas fireplace, two gas lines to the deck (for a grill and fire table), two skylights, Nest smart thermostat, Sonos whole-house audio system, remote controlled blinds in the master suite, and an attached two stall garage. If you have ever dreamt of the perfect place to entertain with maintenance-free living just minutes from downtown, this unit is a must-see. Tax Abatement is in place,thru 1/1/2027 and 1/1/2028, call city for specifics
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22
Year Built
- 2017
Lot Details
- Waterfront
- Fenced
HOA Fees
- $567 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Slab Foundation
- Metal Construction or Metal Frame
Interior Spaces
- 2,586 Sq Ft Home
- Central Vacuum
- Sound System
- Gas Fireplace
- Great Room with Fireplace
- Formal Dining Room
- Laundry on main level
- Basement
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Parking
- 2 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Deck
Utilities
- Forced Air Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Community Details
Amenities
- Community Storage Space
- Elevator
Recreation
- Fitness Center
- Snow Removal
Pet Policy
- Limit on the number of pets
Security
- Resident Manager or Management On Site
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2020
Closed on
Sep 1, 2021
Sold by
Erenberger Mark and Erenberger Leann R
Bought by
Erenberger Mark Robert and Erenberger Mark Robert
Seller's Agent
Karen Mathison
COLDWELL BANKER HEDGES
Buyer's Agent
Jane Glantz
SKOGMAN REALTY
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Total Days on Market
269
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,126
Avg. Annual Appreciation
-1.38%
Purchase Details
Listed on
Sep 23, 2020
Closed on
Aug 2, 2021
Sold by
Mccalley-Whitters Mona C and Mccalley-Whitters Alan C
Bought by
Erenberger Mark R and Erenberger Leann R
Seller's Agent
Karen Mathison
COLDWELL BANKER HEDGES
Buyer's Agent
Jane Glantz
SKOGMAN REALTY
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Purchase Details
Closed on
Feb 21, 2018
Sold by
Whitters Alan and Mccalley Whitters Mona
Bought by
Mccalley Whitters Mona
Purchase Details
Closed on
Mar 3, 2017
Sold by
Lofts At Red Cedar Llc
Bought by
Whitters Alan and Mccalley Whitters Mona
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erenberger Mark Robert | -- | None Available | |
| Erenberger Mark R | $710,000 | None Listed On Document | |
| Mccalley Whitters Mona | -- | None Available | |
| Whitters Alan | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Whitters Alan | $484,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2021 08/03/21 | Sold | $710,000 | -5.2% | $275 / Sq Ft |
| 06/19/2021 06/19/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | For Sale | $749,000 | +5.5% | $290 / Sq Ft |
| 01/03/2021 01/03/21 | Off Market | $710,000 | -- | -- |
| 09/23/2020 09/23/20 | For Sale | $749,000 | -- | $290 / 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 | $22 | $562,500 | $70,000 | $492,500 |
| 2022 | $206 | $543,700 | $70,000 | $473,700 |
| 2021 | $218 | $483,600 | $9,900 | $473,700 |
| 2020 | $218 | $9,900 | $9,900 | $0 |
| 2019 | $214 | $9,900 | $9,900 | $0 |
| 2018 | $208 | $9,900 | $9,900 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Mathison
-
Jane Glantz
J
Buyer's Agent in 2021
Jane Glantz
SKOGMAN REALTY
(319) 551-3600
3 in this area
180 Total Sales
Map
Similar Homes in Cedar Rapids, IA
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2006682
APN: 14282-78019-01036
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