$105,400
SOLD MAY 24, 2022

6631 Preston Terrace Ct SW Unit 2 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood
3 Beds
2 Baths
1,657 Sq Ft
$296/mo HOA Fee

Recently Sold

$64 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Car Detached Garage
  • Prairie Ridge Elementary School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of October 2024

2nd floor condo. This condo will shock you with the mount of space. With over 1657 sqft of living area. 3 large bedrooms, 2 full baths. Eat-in kitchen and formal dining room. Huge family room with gas fireplace. 2 decks, 1 car detached garage. Newer roof and Siding. College Community School District. All appliances stay. Sold "AS IS" seller will make no repairs. Call today for a showing. Buyer to verify all information.

Last Agent to Sell the Property

Tabatha Barnes

SKOGMAN REALTY Listed on: 04/13/2022

SKOGMAN REALTY

Last Buyer's Agent

Sam Anderson

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,055

Year Built

  • 1978

HOA Fees

  • $296 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,657 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,055

Year Built

1978

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1657
  • Association Fee Frequency: Month
  • Association Management: 1st Right Of Refusal, By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2055
  • List User Cell Phone: 319-551-2128
  • Miscellaneous: Deck
  • Net Tax: 1860
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01346
  • Ratio Close Price By Original Li: 1.01346
  • Ratio Current Price By Sq Ft: 63.61
  • 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, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Family Room, Gas
  • Level 2 Full Bathrooms: 2
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 296
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: common

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Oct 3, 2024
Sold by
Stekl Allen T and Stekl Joan
Bought by
Kabasele Alphonse and Kabasele Alidja
Seller's Agent
Barbara Vancura
SKOGMAN REALTY
Buyer's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Views
124
Current Estimated Value
$135,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,700
Avg. Annual Appreciation
4.94%

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 24, 2022
Sold by
Stiffin Dawn M
Bought by
Stekl Caleb A and Stekl Allen T
Seller's Agent
Tabatha Barnes
SKOGMAN REALTY
Buyer's Agent
Sam Anderson
RE/MAX CONCEPTS
List Price
$104,000
Sold Price
$105,400
Premium/Discount to List
$1,400
1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$94,860
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2012
Closed on
Jun 29, 2013
Sold by
Bhf Llc
Bought by
Stiffin Dawn M
Seller's Agent
Sherry Wahl
Realty87
Buyer's Agent
Merle Kopel
KOPEL REALTORS and CONSULTANTS
List Price
$103,900
Sold Price
$95,500
Premium/Discount to List
-$8,400
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$95,500
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Dec 29, 2006
Sold by
Rightsell Philip G
Bought by
Bhf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2000
Sold by
Johnstone R Paul and Johnstone Roberta L
Bought by
Porter Gale L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.25%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Warranty Deed $130,000 None Listed On Document
Warranty Deed $105,500 None Listed On Document
Warranty Deed $105,500 None Listed On Document
Warranty Deed $95,500 None Available
Warranty Deed $99,500 None Available
Warranty Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,860 New Conventional
Previous Owner $95,500 VA
Previous Owner $95,500 VA
Previous Owner $90,000 Purchase Money Mortgage
Previous Owner $66,500 Fannie Mae Freddie Mac
Previous Owner $66,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $130,000 -3.7% $78 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $135,000 -3.6% $81 / Sq Ft
07/09/2024 07/09/24 For Sale $140,000 +32.8% $84 / Sq Ft
05/24/2022 05/24/22 Sold $105,400 +1.3% $64 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $104,000 +8.9% $63 / Sq Ft
07/01/2013 07/01/13 Sold $95,500 -8.1% $58 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
07/09/2012 07/09/12 For Sale $103,900 -- $63 / 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 $2,084 $110,800 $13,000 $97,800
2022 $208,400 $94,100 $10,000 $84,100
2021 $0 $94,100 $10,000 $84,100
2020 $0 $93,300 $10,000 $83,300
2019 $1,782 $91,200 $10,000 $81,200
2018 $1,794 $91,200 $10,000 $81,200
2017 $1,852 $94,100 $7,500 $86,600
2016 $1,965 $94,100 $7,500 $86,600
2015 $2,023 $97,319 $7,500 $89,819
2014 $1,836 $93,414 $7,500 $85,914
2013 $1,910 $93,414 $7,500 $85,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203344

Cedar Rapids Area Association of REALTORS®

APN: 19161-77006-01016