NOT LISTED FOR SALE

5635 Tower Terrace Rd Cedar Rapids, IA 52411

Estimated Value: $544,000 - $880,490

1.22 Acres
$607,238 Price per Acre
53,143 Sq Ft Lot

Last Sold October 31, 2017

Last sale price $85,000

Est. 772% increase in value since last sale

Current estimated payment $5,246/month

43 Days on Market

About This Lot

As of October 2017

Lot #1

Last Agent to Sell the Property

Jeremy Johannes

Epique Realty Listed on: 07/12/2017

Epique Realty

Last Buyer's Agent

Jeremy Johannes

Epique Realty Listed on: 07/12/2017

Epique Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,858

Lot Details

  • 1.22 Acre Lot
  • Level Lot

Utilities

  • Gas Available
  • Community Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$13,858

Lot Details

0

Listing Details

  • Acres: 1.2200
  • City Name: Cedar Rapids
  • Current Zoning: Res
  • List User Cell Phone: 319-540-1002
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.92391
  • Ratio Close Price By Original Li: 0.85000
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas

Schools

  • Elementary School: Hiawatha
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 1.22 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Wood Danny L and Wood Heather L
Bought by
Henecke Brian
Current Estimated Value
$740,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2020
Sold by
Stephanie Henecke and Stephanie Brian Henecke
Bought by
Henecke Stephanie and Henecke Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2020
Sold by
Henecke Brian
Bought by
Henecke Brian and Brian Henecke Revocable Trust

Purchase Details

Closed on
May 11, 2018
Sold by
Henecke Brian S and Henecke Stephanie A
Bought by
Henecke Brian S and Henecke Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 12, 2017
Closed on
Oct 30, 2017
Sold by
Wood Danny L and Wood Dan L
Bought by
Henecke Brian S
Seller's Agent
Jeremy Johannes
Epique Realty
Buyer's Agent
Jeremy Johannes
Epique Realty
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.06%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henecke Brian $65,000 None Available
Henecke Brian -- None Available
Henecke Brian S -- None Available
Henecke Brian S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian Henecke Revocable Trust $200,000
Closed Henecke Brian $225,000
Previous Owner Henecke Brian S $225,000
Previous Owner Henecke Brian S $225,000
Previous Owner Caldwell Tanya M $148,500
Previous Owner Henecke Brian S $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $85,000 -7.6% --
08/24/2017 08/24/17 Pending -- -- --
08/03/2017 08/03/17 Price Changed $92,000 -8.0% --
07/12/2017 07/12/17 For Sale $100,000 -- --
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 $13,858 $731,500 $102,200 $629,300
2022 $13,610 $665,900 $102,200 $563,700
2021 $14,450 $665,900 $102,200 $563,700
2020 $14,450 $663,500 $102,200 $561,300
2019 $280 $652,900 $102,200 $550,700
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Johannes

    Seller's Agent in 2017

    Jeremy Johannes

    Epique Realty

    (319) 253-2555

    186 Total Sales

    Jeremy Johannes
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1707025

Cedar Rapids Area Association of REALTORS®

APN: 12244-78003-00000

Iowa Linn County Cedar Rapids 52411

5635 Tower Terrace Rd, Cedar Rapids, IA

This home is located at 5635 Tower Terrace Rd, Cedar Rapids, IA 52411 since 12 July 2017 and is currently estimated at $740,830. 5635 Tower Terrace Rd is a home located in Linn County with nearby schools including Viola Gibson Elementary School, Harding Middle School, and John F. Kennedy 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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