NOT LISTED FOR SALE

6837 Preston Terrace Ct SW Unit 4 Cedar Rapids, IA 52404

Lincolnway Village Neighborhood

Estimated Value: $79,000 - $88,000

2 Beds
1.5 Baths
966 Sq Ft
$150/mo HOA Fee

Last Sold November 26, 2020

Last sale price $68,570 $71 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $728/month

Highlights

  • Gated Community
  • Deck
  • Main Floor Primary Bedroom
  • Prairie Ridge Elementary School Rated A-
  • Wooded Lot
  • 1 Car Detached Garage

About This Home

As of November 2020

This home is located at 6837 Preston Terrace Ct SW Unit 4, Cedar Rapids, IA 52404 since 26 November 2020 and is currently estimated at $84,736, approximately $87 per square foot. This property was built in 1979. 6837 Preston Terrace Ct SW Unit 4 is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,574

Year Built

  • 1979

Lot Details

  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 966 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,574

Year Built

1979

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • 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 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1574
  • Miscellaneous: Cable Ready, Deck, Intercom, Security System
  • Net Tax: 1378
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99377
  • Ratio Close Price By Original Li: 0.99377
  • Ratio Current Price By Sq Ft: 70.98
  • Total Sq Ft: 966
  • Transaction Type: Fsbo
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Laundry
  • 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
  • Room Count: 4
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

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, Secure Storage Area, Secured Entrance
  • Association Fee: 150
  • Association: Yes

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2020
Closed on
Dec 2, 2020
Sold by
Payton Janis K and Fish Steven Laverne
Bought by
Barker Maddie C
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$69,000
Sold Price
$68,570
Premium/Discount to List
-$430
-0.62%
Current Estimated Value
$84,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,166
Avg. Annual Appreciation
4.40%
Original Mortgage
$64,000
Outstanding Balance
$56,951
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$27,785

Purchase Details

Listed on
Nov 26, 2020
Closed on
Dec 1, 2020
Sold by
Payton Janis K and Fish Steven Laverne
Bought by
Barker Maddie C
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$69,000
Sold Price
$68,570
Premium/Discount to List
-$430
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$56,951
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$27,785

Purchase Details

Closed on
Jun 12, 2020
Sold by
Payton Janis K and Fish Steven Lavaerne
Bought by
Breeden Deborah Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
3.2%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Feb 26, 1998
Sold by
Lemke Diane M and Roudabush Diane M
Bought by
Payton Janis K
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
Barker Maddie C $69,000 None Available
Barker Maddie C $69,000 None Available
Barker Maddie C $69,000 None Listed On Document
Breeden Deborah Joann $65,000 None Available
Payton Janis K $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Maddie C $64,000
Closed Barker Maddie C $64,000
Closed Barker Maddie C $64,000
Previous Owner Breeden Deborah Joann $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2020 11/26/20 Sold $68,570 -0.6% $71 / Sq Ft
11/26/2020 11/26/20 Pending -- -- --
11/26/2020 11/26/20 For Sale $69,000 -- $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
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 $1,578 $69,900 $10,000 $59,900
2020 $1,578 $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 $1,450 $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 $1,176 $66,377 $4,500 $61,877
Source: Public Records

Agents Affiliated with this Home

  • G

    Buyer's Agent in 2020

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2009198

Cedar Rapids Area Association of REALTORS®

APN: 19161-77003-01027

Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6837 Preston Terrace Ct SW Unit 4, Cedar Rapids, IA

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