NOT LISTED FOR SALE

6627 Preston Terrace Ct SW Unit 2 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $81,000 - $111,000

2 Beds
1 Bath
972 Sq Ft
$182/mo HOA Fee

Last Sold October 02, 2023

Last sale price $94,950 $98 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $831/month

2 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Patio
  • Prairie Ridge Elementary School Rated A-
  • Forced Air Cooling System
  • Wood Burning Fireplace

About This Home

As of October 2023

COMPLETELY REDONE LOWER-LEVEL CONDO IN THE COLLEGE COMMUNITY DISTRICT WITHIN WALKING DISTANCE TO KIRKWOOD COMMUNITY COLLEGE. ALL NEW PAINT AND FLOORING THROUGHOUT, FRESHLY PAINTED WHITE KITCHEN CABINETS WITH NEW COUNTERTOPS, NEW BASEBOARDS AND DOOR TRIM, NEW LIGHTING , AND A NEW BATHROOM VANITY AND STOOL. THE FIREPLACE WAS COMPLETELY REDONE WITH NEW WHITE BRICK AND A CUSTOM MANTLE, ADDING TO THE MODERN LOOK OF THIS QUAINT OASIS. TWO SETS OF SLIDING DOORS LEAD OUT TO A PATIO WITH PRIVACY FENCNIG AND A FLAT MULCHED AREA THAT CAN BE USED FOR GARDENING, ENTERTAINMENT, OR FOR YOUR DOG TO PLAY. THE GATE ON YOUR PRIVATE OUTDOOR SPACE OPENS TO EVEN MORE GREEN SPACE FOR YOU TO ENJOY. BRAND NEW STAINLESS KITCHEN APPLIANCES STAY AS WELL AS THE STACKABLE WASHER AND DRYER. RENTALS ALLOWED, AND TWO PETS (DOGS OR CATS) UNDER 25 POUNDS ARE WELCOME. OWNER IS A REALTOR LICENSED IN IOWA.

Last Agent to Sell the Property

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED Listed on: 09/06/2023

Last Buyer's Agent

Julie Gassmann

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,548

Year Built

  • 1978

HOA Fees

  • $182 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 972 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • No Units Located Below

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,548

Year Built

1978

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 972
  • Association Fee Frequency: Month
  • Association Management: By Association, By Prop Mgmt.
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo Lower Level
  • Gross Tax: 1548
  • List User Cell Phone: 319-981-3702
  • Miscellaneous: Patio
  • Net Tax: 1548
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 97.69
  • Total Sq Ft: 972
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: 182
  • Association: Yes

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 2, 2023
Sold by
Aj Real Estate Holdings Llc
Bought by
Mashek Robert
Seller's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
Buyer's Agent
Julie Gassmann
Pinnacle Realty LLC
List Price
$94,950
Sold Price
$94,950
Views
33
Current Estimated Value
$98,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,498
Avg. Annual Appreciation
1.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mashek Robert $95,000 None Listed On Document
Mashek Robert $95,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2023 10/02/23 Sold $94,950 0.0% $98 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $94,950 +97.8% $98 / Sq Ft
03/16/2023 03/16/23 Sold $48,000 -12.6% $49 / Sq Ft View Prior Sale
02/28/2023 02/28/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $54,950 -- $57 / 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 $1,588 $95,700 $13,000 $82,700
2024 $1,578 $88,900 $13,000 $75,900
2023 $1,578 $83,800 $13,000 $70,800
2022 $1,548 $71,200 $10,000 $61,200
2021 $1,608 $71,200 $10,000 $61,200
2020 $1,608 $70,600 $10,000 $60,600
2019 $1,548 $69,000 $10,000 $59,000
2018 $1,282 $69,000 $10,000 $59,000
2017 $1,459 $67,400 $4,500 $62,900
2016 $1,459 $67,400 $4,500 $62,900
2015 $1,501 $69,734 $4,500 $65,234
2014 $1,314 $66,898 $4,500 $62,398
2013 $1,186 $66,898 $4,500 $62,398
Source: Public Records

Agents Affiliated with this Home

  • 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
  • Julie Gassmann

    Buyer's Agent in 2023

    Julie Gassmann

    Pinnacle Realty LLC

    (319) 651-6801

    2 in this area

    183 Total Sales

    Julie Gassmann
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2305852

Cedar Rapids Area Association of REALTORS®

APN: 19161-77006-01004

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6627 Preston Terrace Ct SW Unit 2, Cedar Rapids, IA

Not Listed for Sale

Condos

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.

Nearby Homes