NOT LISTED FOR SALE

6631 Preston Terrace Ct SW Unit 3 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $137,000 - $142,000

3 Beds
2 Baths
1,657 Sq Ft
$247/mo HOA Fee

Last Sold July 21, 2020

Last sale price $118,500 $72 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,248/month

194 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • 2 Car Detached Garage
  • Prairie Ridge Elementary School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of July 2020

BACK ON THE MARKET. YOU WON'T FIND A BETTER CONDO UNIT WITH THIS KIND OF SPACE THAT IS MOVE IN READY FOR THE MONEY!! THIS IS A RANCH STYLE CONDO, ON THE 3RD FLOOR, WITH 1657 SQ. FT. AND IS IMPECCABLE! TALK ABOUT CLEAN, CLEAN, CLEAN! PAINTED WITH NEUTRAL COLORS, YOU WILL LOVE TO ENTERTAIN IN THIS PLACE YOU WILL CALL HOME! IT FEATURES 3 BEDROOMS, 2 BATHS, ALL NEW CARPET IN MASTER BEDROOM AND LIVING/DINING AREA INSTALLED, AND IS SURE TO PLEASE! NEWER KITCHEN CABINETS, SINK, FAUCET, COUNTERTOPS AND APPLIANCES.
THERE IS A PANTRY AND IT HAS A ROOMY EAT IN KITCHEN ALONG WITH A FORMAL DINING AREA. IT HAS A BUILT IN FIREPLACE IN THE HUGE LIVING ROOM, PLUS ADD 3 SLIDERS TO AN ENORMOUS DECK WITH A STORAGE UNIT ON IT. THOSE SLIDERS COME FROM THE KITCHEN, DINING AND OFF OF THE LIVING ROOM. DID I MENTION THAT THE MASTER BEDROOM AND BATH, WITH DOUBLE CLOSETS AND LAUNDRY, WERE ON THE OTHER SIDE OF THE CONDO FOR MORE PRIVACY. AND LET ME ADD THE LOADS OF STORAGE THIS CONDO HAS INSIDE. TALK ABOUT CLOSETS!!!!! GO AHEAD AND USE ONE FOR SHOES IF YOU SO DESIRE TO. THIS IS A CONDO YOU WILL CERTAINLY WANT TO LOOK AT. IT ALSO FEATURES A 2 STALL DETACHED GARAGE RIGHT NEXT TO THE BUILDING. CLOSE TO I-380 AND KIRKWOOD COMMUNITY COLLEGE. THIS CONDO IS ALSO OFFERING A 1 YEAR HOME WARRANTY THRU HSA. AND THE WATER IS INCLUDED IN THE ASSOCIATION DUES.

Last Agent to Sell the Property

Barb Feld

IOWA REALTY Listed on: 11/27/2019

Last Buyer's Agent

Matt Ford

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,046

Year Built

  • 1978

Lot Details

  • Wooded Lot

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,046

Year Built

1978

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Above Grade Finished Sq Ft: 1657
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Bedrooms Level 3: 3
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2046
  • List User Cell Phone: 319-929-1473
  • Miscellaneous: Cable Ready, Deck, Storage Shed
  • Net Tax: 2046
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98754
  • Ratio Close Price By Original Li: 0.91224
  • Ratio Current Price By Sq Ft: 71.51
  • Total Sq Ft: 1657
  • Water Sewer Roads: City Sewer, City Water, Private Street Maint.
  • Zoning: Res
  • 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
  • Basement: Slab
  • Full Bathrooms: 2
  • Fireplace Features: Built In, Gas, Living Room
  • Level 3 Full Bathrooms: 2
  • Master Bedroom Level: Level 3
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 24X24

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded
  • Association Fee: 247
  • Association: Yes

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Jul 17, 2020
Sold by
Williams Corey M
Bought by
Camacho Christine and Healy James
Seller's Agent
Barb Feld
IOWA REALTY
Buyer's Agent
Matt Ford
SKOGMAN REALTY
List Price
$119,995
Sold Price
$118,500
Premium/Discount to List
-$1,495
-1.25%
Current Estimated Value
$155,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,545
Avg. Annual Appreciation
3.18%

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 24, 2018
Sold by
Snell Vicky S
Bought by
Williams Corey M
Seller's Agent
Bob & Lenchen Raeside
Realty87
Buyer's Agent
Barb Feld
IOWA REALTY
List Price
$114,500
Sold Price
$113,500
Premium/Discount to List
-$1,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$90,800
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2009
Sold by
Thuecks Derek J and Thuecks Suzanne E
Bought by
Snell Vicky S

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
5.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Flynn Richard W
Bought by
Thuecks Derek J and Butz Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,960
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 17, 1999
Sold by
Colton Eldon L and Colton Lavona J
Bought by
Flynn Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.92%
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
Camacho Christine $118,500 Security First Title Co
Williams Corey M $113,500 None Available
Snell Vicky S $102,500 None Available
Thuecks Derek J $99,500 --
Flynn Richard W $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Corey M $90,800
Previous Owner Snell Vicky S $70,000
Previous Owner Thuecks Derek J $79,960
Previous Owner Flynn Richard W $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2020 07/21/20 Sold $118,500 -1.2% $72 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $119,995 +1.3% $72 / Sq Ft
05/26/2020 05/26/20 Off Market $118,500 -- --
05/18/2020 05/18/20 Price Changed $119,995 -1.6% $72 / Sq Ft
05/05/2020 05/05/20 Price Changed $121,900 -0.8% $74 / Sq Ft
04/16/2020 04/16/20 Price Changed $122,900 -1.6% $74 / Sq Ft
04/01/2020 04/01/20 Price Changed $124,900 -1.7% $75 / Sq Ft
03/16/2020 03/16/20 Price Changed $127,000 -2.2% $77 / Sq Ft
11/27/2019 11/27/19 For Sale $129,900 +14.4% $78 / Sq Ft
05/25/2018 05/25/18 Sold $113,500 -0.9% $68 / Sq Ft View Prior Sale
04/15/2018 04/15/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $114,500 -- $69 / 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 $2,234 $127,300 $13,000 $114,300
2024 $2,220 $117,900 $13,000 $104,900
2023 $2,220 $117,900 $13,000 $104,900
2022 $2,178 $100,200 $10,000 $90,200
2021 $2,124 $100,200 $10,000 $90,200
2020 $2,124 $93,300 $10,000 $83,300
2019 $2,046 $91,200 $10,000 $81,200
2018 $1,866 $91,200 $10,000 $81,200
2017 $2,037 $94,100 $7,500 $86,600
2016 $2,037 $94,100 $7,500 $86,600
2015 $2,093 $97,319 $7,500 $89,819
2014 $1,906 $93,414 $7,500 $85,914
2013 $1,728 $93,414 $7,500 $85,914
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Barb Feld

    IOWA REALTY

    (319) 378-6639

    13 Total Sales

    Barb Feld
    Section Image
  • Matt Ford

    Buyer's Agent in 2020

    Matt Ford

    SKOGMAN REALTY

    (319) 270-8747

    98 Total Sales

    Matt Ford
    Section Image

  • B

    Seller's Agent in 2018

    Bob & Lenchen Raeside

    Realty87

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908516

Cedar Rapids Area Association of REALTORS®

APN: 19161-77003-01017

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6631 Preston Terrace Ct SW Unit 3, Cedar Rapids, IA

Not Listed for Sale

Condos

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