NOT LISTED FOR SALE

6629 Preston Terrace Ct SW Unit 4 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $80,000 - $101,000

2 Beds
1 Bath
972 Sq Ft
$154/mo HOA Fee

Last Sold July 12, 2019

Last sale price $73,000 $75 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $772/month

1 Day on Market

Highlights

  • Gated Community
  • Deck
  • 1 Car Detached Garage
  • Prairie Ridge Elementary School Rated A-
  • Ranch Style House
  • Forced Air Cooling System

About This Home

As of July 2019

This well maintained and updated condo is a must see! Spacious bedrooms, updated kitchen and bathroom, floor to ceiling stone fireplace, laundry in unit, secured entrance, and the list goes on.  Association fee covers water, trash, lawn care, snow removal, outdoor and common area maintenance. All appliances are included. Why rent when you can own? Conveniently located near College Community Schools, Kirkwood Community College, I-380, and Hwy 30.

Last Agent to Sell the Property

James McClain

Realty87 Listed on: 05/13/2019

Realty87

Last Buyer's Agent

Cassidy Farnsworth

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,492

Year Built

  • 1978

HOA Fees

  • $154 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 972 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,492

Year Built

1978

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 972
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1492
  • List User Cell Phone: 319-961-8373
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1302
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01389
  • Ratio Close Price By Original Li: 1.01389
  • Ratio Current Price By Sq Ft: 75.10
  • 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, Microwave, Range, Refrigerator, Water Heater – Gas
  • 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: Steel

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Secured Entrance
  • Association Fee: 154
  • 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
May 13, 2019
Closed on
Jul 9, 2019
Sold by
Gilbaugh Sarah M
Bought by
Young Sarah Rose
Seller's Agent
James McClain
Realty87
Buyer's Agent
Cassidy Farnsworth
Realty87
List Price
$72,000
Sold Price
$73,000
Premium/Discount to List
$1,000
1.39%
Current Estimated Value
$93,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,625
Avg. Annual Appreciation
4.03%
Original Mortgage
$65,700
Outstanding Balance
$57,653
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$35,972

Purchase Details

Listed on
Sep 15, 2014
Closed on
Mar 17, 2015
Sold by
The Estate Of Jason Jerome Joens
Bought by
Gilbaugh Sarah M
Seller's Agent
Sara Griffin
Realty87
Buyer's Agent
Laura Soride
RE/MAX AFFILIATES
List Price
$69,800
Sold Price
$68,000
Premium/Discount to List
-$1,800
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$9,568
Interest Rate
3.73%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Mar 12, 2014
Closed on
Apr 30, 2014
Sold by
The Estate Of Kathryn Joan Walton and Henderson Shirley
Bought by
Joens Jason J
Seller's Agent
Marie Schulte
RUHL & RUHL REALTORS®
Buyer's Agent
Sara Griffin
Realty87
List Price
$70,000
Sold Price
$70,500
Premium/Discount to List
$500
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.93%

Purchase Details

Closed on
Oct 28, 2002
Sold by
Taylor Margaret Violet and Taylor Lloyd
Bought by
Walton Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.18%
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
Young Sarah Rose $73,000 None Available
Gilbaugh Sarah M $68,000 None Available
Joens Jason J $70,500 None Available
Walton Kathryn J $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Sarah Rose $65,700
Previous Owner Gilbaugh Sarah M $9,568
Previous Owner Walton Kathryn J $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2019 07/12/19 Sold $73,000 +1.4% $75 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $72,000 +5.9% $74 / Sq Ft
03/26/2015 03/26/15 Sold $68,000 -2.6% $70 / Sq Ft View Prior Sale
02/24/2015 02/24/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $69,800 -1.0% $72 / Sq Ft
04/30/2014 04/30/14 Sold $70,500 +0.7% $73 / Sq Ft View Prior Sale
03/22/2014 03/22/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $70,000 -- $72 / 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 $1,504 $96,700 $13,000 $83,700
2024 $1,498 $89,800 $13,000 $76,800
2023 $1,498 $89,800 $13,000 $76,800
2022 $1,468 $76,500 $10,000 $66,500
2021 $1,528 $76,500 $10,000 $66,500
2020 $1,528 $75,700 $10,000 $65,700
2019 $1,468 $74,000 $10,000 $64,000
2018 $1,302 $74,000 $10,000 $64,000
2017 $1,346 $68,300 $4,500 $63,800
2016 $1,479 $68,300 $4,500 $63,800
2015 $1,519 $70,636 $4,500 $66,136
2014 $1,332 $67,761 $4,500 $63,261
2013 $1,204 $67,761 $4,500 $63,261
Source: Public Records

Agents Affiliated with this Home

  • James McClain

    Seller's Agent in 2019

    James McClain

    Realty87

    (319) 961-8373

    1 in this area

    56 Total Sales

    James McClain
    Section Image

  • C

    Buyer's Agent in 2019

    Cassidy Farnsworth

    Realty87

  • Sara Griffin

    Seller's Agent in 2015

    Sara Griffin

    Realty87

    (319) 310-3336

    52 Total Sales

    Sara Griffin
    Section Image
  • Laura Soride

    Buyer's Agent in 2015

    Laura Soride

    RE/MAX

    (319) 400-0821

    2 in this area

    363 Total Sales

    Laura Soride
    Section Image
  • Marie Schulte

    Seller's Agent in 2014

    Marie Schulte

    Ruhl & Ruhl

    (319) 350-2450

    3 in this area

    120 Total Sales

    Marie Schulte
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1903505

Cedar Rapids Area Association of REALTORS®

APN: 19161-77006-01012

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6629 Preston Terrace Ct SW Unit 4, Cedar Rapids, IA

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