NOT LISTED FOR SALE

6629 Preston Terrace Ct SW Unit 2 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $80,000 - $98,556

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

Last Sold December 16, 2022

Last sale price $85,000 $87 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $798/month

10 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Cul-De-Sac
  • Prairie Ridge Elementary School Rated A-
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of December 2022

More affordable than renting! This lower level, walkout condo has 2 bedrooms, 1 bath. Just a walk across the street from Kirkwood or a quick drive to College Community Schools and the interstate. Security entrance, 2 stall garage. 2 sliding glass doors from living room and dining area that lead to a huge deck/patio with a storage closet. Open the deck fence gate to walk your pet, run over for a coffee across the yard or head out to classes. All appliances stay, immediate possession.
HOA dues cover water, trash, snow removal, lawn care, maintenance and upkeep of common areas. Additional bi-annual assessment of $40 for garage and forest reserve to the south of condo development. No rentals allowed. 2 pets allowed w/weight limit of 25 lbs. Call for more info today!

Last Agent to Sell the Property

Rose Craig

Realty87 Listed on: 11/04/2022

Realty87

Last Buyer's Agent

Connor Matt

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,649

Year Built

  • 1978

Lot Details

  • Cul-De-Sac

HOA Fees

  • $182 Monthly HOA Fees

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
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,649

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 Prop Mgmt.
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1649
  • List User Cell Phone: 319-491-1047
  • Miscellaneous: Cable Ready, Deck, Patio, Satellite Dish, Storage Shed
  • Net Tax: 1649
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.89947
  • Ratio Close Price By Original Li: 0.89947
  • Ratio Current Price By Sq Ft: 87.45
  • 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, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • 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
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded
  • 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
Nov 4, 2022
Closed on
Dec 3, 2022
Sold by
Rummells Rita A
Bought by
Buck Alexis
Seller's Agent
Rose Craig
Realty87
Buyer's Agent
Connor Matt
Realty87
List Price
$94,500
Sold Price
$85,000
Premium/Discount to List
-$9,500
-10.05%
Views
12
Current Estimated Value
$91,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,389
Avg. Annual Appreciation
2.56%
Original Mortgage
$76,500
Outstanding Balance
$74,204
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$17,185
Source: Public Records

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
Buck Alexis $85,000 --
Buck Alexis $85,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buck Alexis $76,500
Closed Buck Alexis $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $85,000 -10.1% $87 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $94,500 -- $97 / 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 $1,620 $91,900 $13,000 $78,900
2024 $1,414 $85,500 $13,000 $72,500
2023 $1,414 $85,500 $13,000 $72,500
2022 $1,386 $72,700 $10,000 $62,700
2021 $1,446 $72,700 $10,000 $62,700
2020 $1,446 $72,100 $10,000 $62,100
2019 $1,390 $70,500 $10,000 $60,500
2018 $1,318 $70,500 $10,000 $60,500
2017 $1,360 $69,000 $4,500 $64,500
2016 $1,493 $69,000 $4,500 $64,500
2015 $1,535 $71,384 $4,500 $66,884
2014 $1,348 $68,476 $4,500 $63,976
2013 $1,218 $68,476 $4,500 $63,976
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rose Craig

    Realty87

    (319) 491-1047

    2 in this area

    52 Total Sales

    Rose Craig
    Section Image
  • Connor Matt

    Buyer's Agent in 2022

    Connor Matt

    Realty87

    (319) 241-6450

    1 in this area

    54 Total Sales

    Connor Matt
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2209605

Cedar Rapids Area Association of REALTORS®

APN: 19161-77006-01010

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6629 Preston Terrace Ct SW Unit 2, Cedar Rapids, IA

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