NOT LISTED FOR SALE

6835 Preston Terrace Ct SW Unit 1 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $78,000 - $107,000

2 Beds
1.5 Baths
966 Sq Ft
$182/mo HOA Fee

Last Sold May 05, 2023

Last sale price $91,500 $95 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $803/month

22 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Patio
  • Prairie Ridge Elementary School Rated A-
  • Forced Air Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of May 2023

Super cute and spacious main level condo on the SW Quad of Cedar Rapids. This unit is 2 bedrooms, 1.1 baths and features newer paint, carpet and private patio. White kitchen with appliances included is situated just off of the dining area which flows into the living room. Laundry is in unit, secure entrance, one car detached garage. HOA is managed by a property management company.

Last Agent to Sell the Property

Lisa Nolan

RE/MAX CONCEPTS Listed on: 03/02/2023

RE/MAX CONCEPTS

Last Buyer's Agent

Scott Rosekrans

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,510

Year Built

  • 1979

HOA Fees

  • $182 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 966 Sq Ft Home
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,510

Year Built

1979

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 966
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1510
  • List User Cell Phone: 319-551-3206
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 1316
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96316
  • Ratio Close Price By Original Li: 0.96316
  • Ratio Current Price By Sq Ft: 94.72
  • Total Sq Ft: 966
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Basement: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit
  • Association Fee: 182
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
May 4, 2023
Sold by
Banaszck Lavonne
Bought by
Schroeder Dylan Ray
Seller's Agent
Lisa Nolan
RE/MAX CONCEPTS
Buyer's Agent
Scott Rosekrans
RE/MAX CONCEPTS
List Price
$95,000
Sold Price
$91,500
Premium/Discount to List
-$3,500
-3.68%
Views
177
Current Estimated Value
$93,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,816
Avg. Annual Appreciation
1.21%
Original Mortgage
$88,755
Outstanding Balance
$86,395
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$7,661

Purchase Details

Listed on
Aug 30, 2011
Closed on
May 15, 2012
Sold by
Crow Carl E and Crow Colleen K
Bought by
Banaszek La Vonne
Seller's Agent
Tony Hocamp
Sandersfeld Realty Company
Buyer's Agent
Penny Novak
SKOGMAN REALTY
List Price
$68,900
Sold Price
$65,000
Premium/Discount to List
-$3,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$13,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
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
Schroeder Dylan Ray $91,500 None Listed On Document
Schroeder Dylan Ray $91,500 None Listed On Document
Banaszek La Vonne $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Dylan Ray $88,755
Closed Schroeder Dylan Ray $88,755
Previous Owner Banaszek La Vonne $13,000
Previous Owner Banaszek La Vonne $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $91,500 -3.7% $95 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $95,000 +46.2% $98 / Sq Ft
05/18/2012 05/18/12 Sold $65,000 -5.7% $67 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
08/30/2011 08/30/11 For Sale $68,900 -- $71 / 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 $1,344 $83,300 $13,000 $70,300
2022 $1,316 $69,500 $10,000 $59,500
2021 $1,372 $69,500 $10,000 $59,500
2020 $1,372 $68,900 $10,000 $58,900
2019 $1,322 $67,500 $10,000 $57,500
2018 $1,248 $67,500 $10,000 $57,500
2017 $1,441 $66,600 $4,500 $62,100
2016 $1,441 $66,600 $4,500 $62,100
2015 $1,479 $68,766 $4,500 $64,266
2014 $1,292 $65,972 $4,500 $61,472
2013 $1,166 $65,972 $4,500 $61,472
Source: Public Records

Agents Affiliated with this Home

  • Lisa Nolan

    Seller's Agent in 2023

    Lisa Nolan

    RE/MAX

    (319) 551-3206

    2 in this area

    156 Total Sales

    Section Image
  • Scott Rosekrans

    Buyer's Agent in 2023

    Scott Rosekrans

    RE/MAX

    (319) 361-3713

    1 in this area

    141 Total Sales

    Section Image

  • T

    Seller's Agent in 2012

    Tony Hocamp

    Sandersfeld Realty Company

    (319) 310-6173

    20 Total Sales

    Section Image

  • P

    Buyer's Agent in 2012

    Penny Novak

    SKOGMAN REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301251

Cedar Rapids Area Association of REALTORS®

APN: 19161-77003-01018

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6835 Preston Terrace Ct SW Unit 1, Cedar Rapids, IA

This home is located at 6835 Preston Terrace Ct SW Unit 1, Cedar Rapids, IA 52404 since 02 March 2023 and is currently estimated at $94,056, approximately $97 per square foot. This property was built in 1979. 6835 Preston Terrace Ct SW Unit 1 is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

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.
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