$200,000
SOLD NOV 16, 2016
2 Beds
2 Baths
1,229 Sq Ft
$357/mo HOA Fee

Recently Sold

$163 Per Sq Ft

7% Below List Price

131 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Vaulted Ceiling
  • Deck
  • Living Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of February 2022

Wonderful NewBo loft living can be yours at a reasonable price with Unit 206 in Water Tower Place. If you are looking for urban living in a premier building and location, this is it. It has the charm of a vintage 1920s warehouse with all of today's needs incorporated. 12 ft. ceilings with exposed elements, original brick and concrete pillars are the backdrop for lovely finishes that include wood floors, granite counters, modern lighting and more lovely appointments. A cozy corner fireplace, too. An indoor secure garage space is included in a pet friendly building with onsite management, a full green roof with decking and a building guest unit for extra visitors. A fabulous cable and internet package is less than $45 per month, too. Come see for yourself how nice this one is. Then live the convenient yet adventurous life you've dreamed of.

Last Agent to Sell the Property

Candy Wong

SKOGMAN REALTY Listed on: 06/22/2016

SKOGMAN REALTY

Last Buyer's Agent

Debra Callahan

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,479

Year Built

  • 2008

HOA Fees

  • $357 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Metal Construction or Metal Frame
  • Masonry

Interior Spaces

  • 1,229 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Heated Garage
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Deck

Community Details

Overview

  • Handicap Modified Features In Community

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,479

Year Built

2008

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Style: Contemporary, Loft/High-Rise, Over 2 Stories
  • Above Grade Finished Sq Ft: 1229
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt., Start Up Fee
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Breakfast Bar, Dining 'L'
  • Gross Tax: 1479
  • List User Cell Phone: 319-560-3259
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Security System, Vaulted Ceiling
  • Net Tax: 1479
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94657
  • Ratio Close Price By Original Li: 0.93023
  • Ratio Current Price By Sq Ft: 162.73
  • Total Sq Ft: 1229
  • Taxable Value Tv: 214200.00
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2008

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Free Standing, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 4

Exterior Features

  • Construction Methods: Masonry, Metal Frame
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 1 Car, Drive Under, Heated Garage, On Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Guest Room Facilities, Handicap Features, Laundry In Unit, Secure Storage Area, Secured Entrance
  • Association Fee: 357
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Nov 12, 2016
Sold by
Wongba Warangkhana and Nicolescu Loan Valu
Bought by
Hollinrake Mark S and Hollinrake Sharon I
Seller's Agent
Candy Wong
SKOGMAN REALTY
Buyer's Agent
Debra Callahan
RE/MAX CONCEPTS
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$293,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,725
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Jul 2, 2014
Sold by
Hlavin Mary Louise
Bought by
Wongba Warangkhana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Smith Adam C and Smith Vanessa A
Bought by
Hlavin Mary Louise

Purchase Details

Closed on
May 15, 2008
Sold by
Smith Adam C and Smith Vanessa A
Bought by
Smith Adam C and Smith Vanessa A

Purchase Details

Closed on
Aug 14, 2006
Sold by
Water Tower Place Llc
Bought by
Smith Adam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $210,000 None Available
Warranty Deed $197,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $175,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,700 New Conventional
Previous Owner $157,500 New Conventional
Previous Owner $140,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $237,000 -2.3% $193 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $242,500 +21.3% $197 / Sq Ft
11/16/2016 11/16/16 Sold $200,000 -7.0% $163 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $215,000 -- $175 / 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 $4,744 $235,600 $35,500 $200,100
2022 $4,658 $224,900 $38,000 $186,900
2021 $4,860 $224,900 $38,000 $186,900
2020 $4,860 $220,300 $38,000 $182,300
2019 $4,574 $212,200 $38,000 $174,200
2018 $1,444 $212,200 $38,000 $174,200
2017 $1,444 $69,600 $15,000 $54,600
2016 $1,117 $52,600 $15,000 $37,600
2015 $1,107 $51,986 $15,000 $36,986
2014 $922 $38,838 $15,000 $23,838
2013 $624 $38,838 $15,000 $23,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1606254

Cedar Rapids Area Association of REALTORS®

APN: 14281-86002-01009