NOT LISTED FOR SALE

Estimated Value: $248,000 - $291,000

1 Bed
1.5 Baths
1,066 Sq Ft
1925 Built

Last Sold April 16, 2021

Last sale price $219,500 $206 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,862/month

1 Day on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Central Air
  • Deck
  • Home Security System
  • Combination Kitchen and Dining Room

About This Home

As of April 2021

Water Tower Place condo on the 2nd floor is in one of most convenient locations. It offers a single large bedroom with an en suite bath that boasts a large custom shower and huge walk-in closet. In laid maple flooring welcomes all that enter. The dining room is adjacent to the kitchen and living room. It is perfect for entertaining friends and family. The kitchen was built with striking cabinetry and blue eyes granite counter tops.

The unit boasts Vintage brick, concrete pillars and 12 ft. ceilings with exposed galvanized duct work. The building's green roof features not only sustainability practices, but also a grill, gas fire pit, pergolas, beautiful vegetation and views. Water Tower Place welcomes your pets as well. Enjoy all that Newbo and downtown has to offer.

In addition, a ground level 1st floor parking space accompanies this condo

Last Listed By

Brian Hanna

SKOGMAN REALTY Listed on: 01/12/2021

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,324

Year Built

  • 1925

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Masonry

Interior Spaces

  • 1,066 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Home Security System
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Snow Removal

Additional Features

  • Property has a Home Owners Association
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,324

Year Built

1925

Lot Details

0

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 1066
  • Association Management: By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 4324
  • House Size: 1066
  • List User Cell Phone: 319-777-1854
  • Miscellaneous: Cable Ready, Deck, Elevator, Security System
  • Net Tax: 4324
  • 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: 205.91
  • Total Sq Ft: 1066
  • Taxable Value Tv: 110864.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1925

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer
  • Basement: Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 2

Exterior Features

  • Construction Methods: Masonry
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 1 Car, Drive Under
  • Garage Size: 1 Car

Utilities

  • Heating Cooling: Central Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Elevator, Guest Room Facilities, Laundry In Unit, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 395
  • Association: Yes

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 10, 2021
Sold by
Hanna Keith B
Bought by
Teggatz Chad
Seller's Agent
Brian Hanna
SKOGMAN REALTY
Buyer's Agent
John Beardsworth
SKOGMAN REALTY
List Price
$219,500
Sold Price
$219,500
Total Days on Market
1
Current Estimated Value
$269,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,997
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Oct 14, 2011
Sold by
Greene Virginia
Bought by
Hanna Keith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Water Tower Place Llc
Bought by
Greene Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,213
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

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
Teggatz Chad $219,500 None Available
Hanna Keith B $184,500 None Available
Greene Virginia $174,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanna Keith B $181,170
Previous Owner Hanna Keith B $25,000
Previous Owner Hanna Keith B $148,000
Previous Owner Greene Virginia E $161,000
Previous Owner Greene Virginia $157,213
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $219,500 0.0% $206 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $219,500 -- $206 / 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 $4,332 $214,900 $35,500 $179,400
2022 $4,256 $205,400 $38,000 $167,400
2021 $4,442 $205,400 $38,000 $167,400
2020 $4,442 $201,300 $38,000 $163,300
2019 $4,182 $194,000 $38,000 $156,000
2018 $4,042 $194,000 $38,000 $156,000
2017 $1,062 $66,000 $15,000 $51,000
2016 $1,062 $50,000 $15,000 $35,000
2015 $1,054 $49,557 $15,000 $34,557
2014 $1,054 $37,781 $15,000 $22,781
2013 -- $37,781 $15,000 $22,781
Source: Public Records

Agents Affiliated with this Home

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2100249

Cedar Rapids Area Association of REALTORS®

APN: 14281-86002-01007