NOT LISTED FOR SALE

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

Lincolnway Village Neighborhood

Estimated Value: $130,000 - $167,000

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. 29% increase in value since last sale

Current estimated payment $965/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 $148,155, approximately $89 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 View Elementary School, and Prairie Crest Elementary School.

Last Agent to Sell the Property

Tami Timm

Realty87 Listed on: 08/30/2023

Realty87

Last Buyer's Agent

Rose Craig

Realty87

Realty87

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

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
Realty87
Buyer's Agent
Rose Craig
Realty87
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Views
24
Current Estimated Value
$148,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,155
Avg. Annual Appreciation
12.26%
Original Mortgage
$85,000
Outstanding Balance
$78,187
Interest Rate
6.55%
Mortgage Type
New Conventional
Estimated Equity
$69,968

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
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
Buyer's Agent
Tami Timm
Realty87
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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Amigon Carolina $115,000 None Listed On Document
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
Closed Amigon Carolina $85,000
Previous Owner Royal Management Group Llc $104,000
Previous Owner Kwiatkowski Charles S $83,200
Previous Owner Rouse Dustin N $94,419
Previous Owner Moermond Curtis R $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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
2025 $2,232 $127,200 $13,000 $114,200
2024 $2,202 $117,800 $13,000 $104,800
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

  • Tami Timm

    Seller's Agent in 2023

    Tami Timm

    Realty87

    (319) 361-4663

    2 in this area

    219 Total Sales

    Tami Timm
    Section Image

  • M

    Seller's Agent in 2023

    Mike Selling Team

    GRAF REAL ESTATE, ERA POWERED

    (319) 981-3702

    8 in this area

    705 Total Sales

    Mike Selling Team
    Section Image

  • R

    Buyer's Agent in 2023

    Rose Craig

    Realty87

    (319) 491-1047

    2 in this area

    53 Total Sales

    Rose Craig
    Section Image
  • Meagan Bennett

    Seller's Agent in 2017

    Meagan Bennett

    COLDWELL BANKER LEE'S TOWN and COUNTRY

    (319) 693-1592

    1 in this area

    186 Total Sales

    Meagan Bennett
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2305740

Cedar Rapids Area Association of REALTORS®

APN: 19161-77006-01000

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

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

Not Listed for Sale

Condos

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