NOT LISTED FOR SALE

6837 Preston Terrace Ct SW Unit 3 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $79,000 - $110,000

2 Beds
1.5 Baths
966 Sq Ft
$103/mo HOA Fee

Last Sold March 30, 2012

Last sale price $70,000 $72 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $736/month

121 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Combination Kitchen and Dining Room
  • Prairie Ridge Elementary School Rated A-
  • 1 Car Detached Garage

About This Home

As of March 2012

Just off the Kirkwood campus, yet secluded and quiet. This condo has numerous updates: new laminate flooring, new trim, buildings and garages have new roofs. The unit has been painted in modern, neutral colors. Spacious living room with a slider to the deck (sellers recently replaced deck flooring). There is also additional storage outside off the deck. The kitchen features new countertops and sink, refinished cabinets, and newer stove, refrigerator and disposal. This unit's floorplan has the walk-through kitchen to the halfbath/laundry room, with a newer washer and dryer. Remodeled main bath with granite sink, new vinyl flooring and light fixtures. Large master bedroom with double closet. 1 stall detached garage will have new opener installed. Unit also has newer water heater. Secured building with intercom and inground pool. Pets are allowed.

Last Agent to Sell the Property

Steven C Peterson

RE/MAX CONCEPTS Listed on: 10/17/2011

RE/MAX CONCEPTS

Co-Listed By

Judy Avenson

RE/MAX CONCEPTS

Last Buyer's Agent

Teresa Bennett

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,262

Year Built

  • 1979

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 966 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,262

Year Built

1979

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Above Grade Finished Sq Ft: 966
  • Association Fee Frequency: Month
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1262
  • List User Cell Phone: 319-551-3375
  • Miscellaneous: Deck, In-Ground Pool
  • Net Tax: 1262
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 72.46
  • Total Sq Ft: 966
  • Tax Roll Number: 191617700301026
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer
  • Basement: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 2 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Steel

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Condo/Co-op/Association

  • Association Fee: 103
  • 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
Oct 17, 2011
Closed on
Mar 27, 2012
Sold by
Detweiler Ethan J
Bought by
Swanson Aaron A
Seller's Agent
Steven C Peterson
RE/MAX CONCEPTS
Buyer's Agent
Teresa Bennett
SKOGMAN REALTY
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$92,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,587
Avg. Annual Appreciation
2.72%
Original Mortgage
$56,000
Outstanding Balance
$39,888
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$60,353

Purchase Details

Closed on
Aug 20, 2003
Sold by
Stark W Haven
Bought by
Detweiler Ethan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1999
Sold by
Johnson Tamara L and Johnson Richard L
Bought by
Stipanovich Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,183
Interest Rate
7.04%
Mortgage Type
FHA
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
Swanson Aaron A $70,000 None Available
Detweiler Ethan J $64,500 --
Stipanovich Beth A $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Aaron A $56,000
Previous Owner Detweiler Ethan J $51,800
Previous Owner Stipanovich Beth A $57,183
Closed Detweiler Ethan J $12,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $70,000 0.0% $72 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
10/17/2011 10/17/11 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
2023 $1,548 $83,700 $13,000 $70,700
2022 $1,520 $69,900 $10,000 $59,900
2021 $1,578 $69,900 $10,000 $59,900
2020 $1,578 $69,300 $10,000 $59,300
2019 $1,520 $67,800 $10,000 $57,800
2018 $1,446 $67,800 $10,000 $57,800
2017 $1,450 $67,000 $4,500 $62,500
2016 $1,450 $67,000 $4,500 $62,500
2015 $1,488 $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

  • S

    Seller's Agent in 2012

    Steven C Peterson

    RE/MAX

    Section Image
  • Judy Avenson

    Seller Co-Listing Agent in 2012

    Judy Avenson

    RE/MAX

    40 Total Sales

    Section Image

  • T

    Buyer's Agent in 2012

    Teresa Bennett

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1107321

Cedar Rapids Area Association of REALTORS®

APN: 19161-77003-01026

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6837 Preston Terrace Ct SW Unit 3, Cedar Rapids, IA

This home is located at 6837 Preston Terrace Ct SW Unit 3, Cedar Rapids, IA 52404 since 17 October 2011 and is currently estimated at $94,457, approximately $97 per square foot. This property was built in 1979. 6837 Preston Terrace Ct SW Unit 3 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.
Information is deemed reliable but not guaranteed.

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