NOT LISTED FOR SALE

7500 Towerstone Ct Cedar Rapids, IA 52411

Estimated Value: $449,000 - $546,000

2 Beds
3.5 Baths
2,651 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $290,000 $109 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,198/month

16 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • John F. Kennedy High School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of June 2014

CUL DE SAC ACREAGE WITH COUNTY TAXES COVENANTS ALLOW FOR ANOTHER GARAGE, VIOLA GIBSON, HARDING, KENNEDY SCHOOLS. ATTRACTIVE SIDE ENTRANCE INSULATED GARAGE, OPEN FOYER ENTRANCE WITH REAR YARD VIEW, MAIN FLOOR OFFICE, GREAT ROOM OPEN TO KITCHEN BREAKFAST BAR AND EATING AREA. SOLID WOOD DOVETAIL CABINETS WITH CROWN, KITCHEN PANTRY CLOSET. WELL DESIGNED MAIN FLOOR WITH DECK AND FRENCH DOOR TO SCREENED PORCH AND REAR YARD. HALF BATH ON MAIN FLOOR DROP ZONE AND LAUNDRY, OPEN RAIL TO RECREATION ROOM WITH MANY DAYLIGHT WINDOWS. MASTER BEDROOM AND BATH SUITE WITH WHIRLPOOL. WOOD CASED ANDERSON WINDOWS, NEUTRAL IN COLOR, HARDWOOD AND CERAMIC FLOORING, VAULTED CEILINGS, SOLID 6 PANEL DOORS, 9 FT SIDEWALLS. AVERAGE MO. GAS $64. AVERAGE MO. ELECTRIC $86. HOA COVERS YEARLY WELL EXPENSE. $5,000 BUYER ALLOWANCE FOR SHOWER COMPLETION.

Last Listed By

Heather Morris

SKOGMAN REALTY Listed on: 05/12/2014

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,446

Year Built

  • 2004

Lot Details

  • 2.1 Acre Lot
  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Hydromassage or Jetted Bathtub

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Built by GOOD

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,446

Year Built

2004

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 2.1000
  • Above Grade Finished Sq Ft: 1631
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4446
  • House Size: CUSTOM
  • List User Cell Phone: 319-350-7653
  • Low Lvl Fin Sq Ft: 1020
  • Miscellaneous: Cable Ready, Deck, Jetted Tub, Satellite Dish, Screen Porch, Security System, Vaulted Ceiling
  • Net Tax: 4446
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.89231
  • Ratio Close Price By Original Li: 0.89231
  • Ratio Current Price By Sq Ft: 177.81
  • R Value Ceiling: 38.0000
  • R Value Sidewalls: 19.0000
  • Total Sq Ft: 2651
  • Taxable Value Tv: 288800.00
  • Tax Roll Number: 122340100400000
  • Water Sewer Roads: Community Well, Septic System
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 9
  • Site Description: Cul-De-Sac, In-Town Acrg

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 954

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 2.1

Building Info

  • Builder Name: GOOD

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2018
Sold by
Deneve Richard Paul and Deneve Kelly Christine
Bought by
Deneve Richard P
Total Days on Market
16
Current Estimated Value
$494,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Outstanding Balance
$251,296
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$256,168

Purchase Details

Closed on
Jun 4, 2015
Sold by
Mulvaney Kelly C and Deneve Kelly C
Bought by
Deneve Richard P

Purchase Details

Closed on
Dec 24, 2014
Sold by
Deneve Construction Llc
Bought by
Deneve Richard P

Purchase Details

Listed on
May 12, 2014
Closed on
Jun 17, 2014
Sold by
Good Slade T and Good Mary Elizabeth
Bought by
Deneve Construction Llc
Seller's Agent
Heather Morris
SKOGMAN REALTY
Buyer's Agent
Heather Morris
SKOGMAN REALTY
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Feb 24, 2007
Sold by
Tim Good Inc
Bought by
Good Slade T

Purchase Details

Closed on
May 23, 2005
Sold by
Featherstone Ridge Partnership
Bought by
Tim Good Inc

Purchase Details

Closed on
Feb 6, 2004
Sold by
Featherstone Ridge Partnership
Bought by
Tim Good Inc

Range of Values:

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Average Value
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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
Deneve Richard P $87,500 None Available
Deneve Richard P -- None Available
Deneve Richard P -- None Available
Deneve Construction Llc $290,000 None Available
Good Slade T -- None Available
Tim Good Inc -- --
Tim Good Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deneve Richard P $287,000
Previous Owner Good Sldad T $254,743
Previous Owner Good Slade T $268,788
Closed Good Slade T $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2014 06/17/14 Sold $290,000 -10.8% $109 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $325,000 -- $123 / 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 $5,154 $475,700 $78,000 $397,700
2022 $4,772 $364,700 $78,000 $286,700
2021 $4,734 $341,700 $78,000 $263,700
2020 $4,734 $313,500 $55,500 $258,000
2019 $4,328 $292,700 $55,500 $237,200
2018 $4,238 $292,700 $55,500 $237,200
2017 $4,364 $288,800 $55,500 $233,300
2016 $4,260 $288,800 $55,500 $233,300
2015 $4,288 $288,800 $55,500 $233,300
2014 $4,288 $288,800 $55,500 $233,300
2013 $4,204 $288,800 $55,500 $233,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1403198

Cedar Rapids Area Association of REALTORS®

APN: 12234-01004-00000