NOT LISTED FOR SALE

6835 Preston Terrace Ct SW Unit 5 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $78,000 - $93,000

2 Beds
1.5 Baths
966 Sq Ft
$164/mo HOA Fee

Last Sold October 09, 2020

Last sale price $72,000 $75 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $749/month

76 Days on Market

Highlights

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

About This Home

As of October 2020

Incredibly affordable, maintenance free living! Come check out this 2 bedroom, 1.5 bathroom, 966 sq/ft condo on the SW side of Cedar Rapids! This 3rd floor unit has great views off of the private deck. Inside you’ll find numerous updated fixtures and recently cleaned carpets. The furnace, AC, and water heater are all less than 3 years old! Perfect location with easy access to I-380 and very close to Kirkwood. Check it out and book your showing today!

Last Agent to Sell the Property

Matt Clark

Epique Realty Listed on: 06/17/2020

Epique Realty

Last Buyer's Agent

Matt Clark

Epique Realty Listed on: 06/17/2020

Epique Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,504

Year Built

  • 1979

HOA Fees

  • $164 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 966 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,504

Year Built

1979

Lot Details

0

HOA Fees

$164 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 966
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1504
  • List User Cell Phone: 563-212-5959
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1313
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96128
  • Ratio Close Price By Original Li: 0.96128
  • Ratio Current Price By Sq Ft: 74.53
  • 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
  • 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: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 164
  • 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
Jun 17, 2020
Closed on
Oct 7, 2020
Sold by
Curler Emily S
Bought by
Candelaria Hector Manuel
Seller's Agent
Matt Clark
Epique Realty
Buyer's Agent
Matt Clark
Epique Realty
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%
Current Estimated Value
$86,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,239
Avg. Annual Appreciation
3.64%
Original Mortgage
$5,040
Outstanding Balance
$2,744
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$83,495

Purchase Details

Listed on
Sep 12, 2018
Closed on
Jan 7, 2019
Sold by
Patterson George C and Patterson Sandra K
Bought by
Curler Emily S
Seller's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Matt Clark
Epique Realty
List Price
$72,500
Sold Price
$69,500
Premium/Discount to List
-$3,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$63,925
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 10, 2013
Closed on
Jul 15, 2013
Sold by
Andersen Adam Wayne and Andersen Shay
Bought by
Farb William and Farb Kimberly
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$72,000
Sold Price
$65,000
Premium/Discount to List
-$7,000
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%

Purchase Details

Closed on
Nov 6, 2009
Sold by
English Michelle A
Bought by
Coulter Shay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,685
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2007
Sold by
Esbaum Darren S
Bought by
English Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,165
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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
Candelaria Hector Manuel $72,000 None Available
Curler Emily S $69,500 None Available
Farb William $65,000 None Available
Coulter Shay $69,500 None Available
English Michelle A $64,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Candelaria Hector Manuel $5,040
Previous Owner Curler Emily S $63,925
Previous Owner Coulter Shay $68,685
Previous Owner English Michelle A $55,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2020 10/09/20 Sold $72,000 -3.9% $75 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $74,900 0.0% $78 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $74,900 +7.8% $78 / Sq Ft
01/11/2019 01/11/19 Sold $69,500 -4.1% $72 / Sq Ft View Prior Sale
12/10/2018 12/10/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $72,500 +9.0% $75 / Sq Ft
04/29/2016 04/29/16 Sold $66,500 +2.3% $69 / Sq Ft View Prior Sale
03/14/2016 03/14/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $65,000 0.0% $67 / Sq Ft
07/15/2013 07/15/13 Sold $65,000 -9.7% $67 / Sq Ft View Prior Sale
06/12/2013 06/12/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $72,000 -- $75 / 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 $1,586 $89,000 $13,000 $76,000
2024 $1,548 $83,700 $13,000 $70,700
2023 $1,548 $83,700 $13,000 $70,700
2022 $1,520 $69,900 $10,000 $59,900
2021 $1,382 $69,900 $10,000 $59,900
2020 $1,382 $69,300 $10,000 $59,300
2019 $1,520 $73,100 $10,000 $63,100
2018 $1,446 $67,800 $10,000 $57,800
2017 $1,508 $67,000 $4,500 $62,500
2016 $1,450 $67,000 $4,500 $62,500
2015 $1,499 $69,190 $4,500 $64,690
2014 $1,488 $66,377 $4,500 $61,877
2013 $1,358 $66,377 $4,500 $61,877
Source: Public Records

Agents Affiliated with this Home

  • Matt Clark

    Seller's Agent in 2020

    Matt Clark

    Epique Realty

    (563) 212-5959

    166 Total Sales

    Matt Clark
    Section Image
  • Meagan Bennett

    Seller's Agent in 2019

    Meagan Bennett

    COLDWELL BANKER LEE'S TOWN and COUNTRY

    (319) 693-1592

    1 in this area

    183 Total Sales

    Meagan Bennett
    Section Image
  • Troy Mysak

    Seller's Agent in 2016

    Troy Mysak

    Realty87

    (319) 721-7855

    78 Total Sales

    Troy Mysak
    Section Image

  • G

    Seller's Agent in 2013

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004424

Cedar Rapids Area Association of REALTORS®

APN: 19161-77003-01022

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6835 Preston Terrace Ct SW Unit 5, Cedar Rapids, IA

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