NOT LISTED FOR SALE

6625 Preston Terrace Ct SW Unit 1 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $121,000 - $131,758

3 Beds
2 Baths
1,657 Sq Ft
1978 Built

Last Sold September 29, 2023

Last sale price $115,000 $69 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $882/month

5 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • Eat-In Kitchen
  • Prairie Ridge Elementary School Rated A-
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of September 2023

This home is located at 6625 Preston Terrace Ct SW Unit 1, Cedar Rapids, IA 52404 since 30 August 2023 and is currently estimated at $125,940, approximately $76 per square foot. This property was built in 1978. 6625 Preston Terrace Ct SW Unit 1 is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Last Listed By

Tami Timm

COLDWELL BANKER HEDGES Listed on: 08/30/2023

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,032

Year Built

  • 1978

Home Design

  • 1,657 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

Recreation

  • Snow Removal

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,032

Year Built

1978

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1657
  • Association Management: By Prop Mgmt.
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 2032
  • List User Cell Phone: 319-361-4663
  • Miscellaneous: Patio
  • Net Tax: 2032
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.92000
  • Ratio Close Price By Original Li: 0.92000
  • Ratio Current Price By Sq Ft: 69.40
  • Total Sq Ft: 1657
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Lawncaresnowremovalincluded, Secured Entrance

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Sep 28, 2023
Sold by
Royal Management Group Lc
Bought by
Amigon Carolina
Seller's Agent
Tami Timm
COLDWELL BANKER HEDGES
Buyer's Agent
Rose Craig
COLDWELL BANKER HEDGES
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Total Days on Market
5
Views
24
Current Estimated Value
$125,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,940
Avg. Annual Appreciation
5.77%
Original Mortgage
$85,000
Outstanding Balance
$79,741
Interest Rate
6.55%
Mortgage Type
New Conventional
Estimated Equity
$46,199

Purchase Details

Listed on
Jan 8, 2023
Closed on
Mar 28, 2023
Sold by
Kwiakowski Charles S
Bought by
Royal Management Group Llc
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Tami Timm
COLDWELL BANKER HEDGES
List Price
$109,950
Sold Price
$94,000
Premium/Discount to List
-$15,950
-14.51%
Views
278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.01%
Original Mortgage
$104,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jun 1, 2017
Sold by
Rouse Dustin N and Rouse Rachel
Bought by
Kwiatkowski Charles S and Hyland Rebecca J
Seller's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.71%
Original Mortgage
$83,200
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2005
Sold by
Morrissey Joseph M and Morrissey Joanne M
Bought by
Rouse Dustin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,419
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2001
Sold by
Petersen Thomas J and Petersen Sharon A
Bought by
Moermond Curtis R and Moermond Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.03%

Range of Values:

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Average Value
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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
Amigon Carolina $115,000 None Listed On Document
Royal Management Group Llc $94,000 None Listed On Document
Kwiatkowski Charles S $103,750 None Available
Rouse Dustin N $96,500 --
Moermond Curtis R $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amigon Carolina $85,000
Previous Owner Royal Management Group Llc $104,000
Previous Owner Kwiatkowski Charles S $42,700
Previous Owner Kwiatkowski Charles S $16,000
Previous Owner Kwiatkowski Charles S $83,200
Previous Owner Rouse Dustin N $94,419
Previous Owner Morrissey Joseph M $50,000
Previous Owner Moermond Curtis R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $115,000 -8.0% $69 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $125,000 +33.0% $75 / Sq Ft
04/14/2023 04/14/23 Sold $94,000 -14.5% $57 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $109,950 0.0% $66 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $109,950 0.0% $66 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/08/2023 01/08/23 For Sale $109,950 +5.7% $66 / Sq Ft
06/02/2017 06/02/17 Sold $104,000 -5.4% $63 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $109,900 -- $66 / 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 $2,202 $117,800 $13,000 $104,800
2022 $2,032 $99,400 $10,000 $89,400
2021 $2,108 $93,500 $10,000 $83,500
2020 $2,108 $92,600 $10,000 $82,600
2019 $2,032 $90,600 $10,000 $80,600
2018 $2,034 $90,600 $10,000 $80,600
2017 $2,092 $93,000 $7,500 $85,500
2016 $2,012 $93,000 $7,500 $85,500
2015 $2,068 $96,153 $7,500 $88,653
2014 $2,068 $92,299 $7,500 $84,799
2013 $1,888 $92,299 $7,500 $84,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2305740

Cedar Rapids Area Association of REALTORS®

APN: 19161-77006-01000