NOT LISTED FOR SALE

Estimated Value: $286,000 - $304,000

2 Beds
2 Baths
1,233 Sq Ft
$450/mo HOA Fee

Last Sold November 23, 2020

Last sale price $220,000 $178 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,467/month

125 Days on Market

Highlights

  • Gated Community
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Deck
  • Vaulted Ceiling
  • 1 Car Attached Garage

About This Home

As of November 2020

Finally one of the classic Water Tower 2 bedroom condos is available! This 4th floor home offers comfortable living in the premier NewBo vintage warehouse, Water Tower Place. Perched on the 4th floor you view the City that is right outside your door. Modern conveniences mix with 12 ft. warehouse ceiling, original brick and concrete pillars. This one-owner condo has fresh paint, stainless appliances and a mix of wood and tile floors. Easy, beautiful living in 1233 sq. ft., Water Tower Place is a secured building with onsite property management, is pet friendly and all owners share a guest condo for those occasional friend and family visits. Take advantage of the amazing Green Roof, too that features full vegetation, seating and tables, a grill and gas fire pit. Priced to sell, take a look today.

Last Agent to Sell the Property

Candy Wong

SKOGMAN REALTY Listed on: 06/24/2020

SKOGMAN REALTY

Last Buyer's Agent

Kyle Kloft

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,795

Year Built

  • 2007

HOA Fees

  • $450 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,233 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Whole House Fan
  • Free Standing Fireplace
  • Gas Fireplace
  • Living Room with Fireplace

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 Attached 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

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,795

Year Built

2007

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Style: Loft/High-Rise, Over 2 Stories
  • Above Grade Finished Sq Ft: 1233
  • 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 3rd Floor +
  • Dining Features: Breakfast Bar
  • Gross Tax: 4795
  • List User Cell Phone: 319-560-3259
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Security System, Vaulted Ceiling, Whole House Fan
  • Net Tax: 4795
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96070
  • Ratio Close Price By Original Li: 0.91705
  • Ratio Current Price By Sq Ft: 178.43
  • Total Sq Ft: 1233
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

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, Attached, 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, Lawncaresnowremovalincluded, Secure Storage Area, Secured Entrance
  • Association Fee: 450
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Dec 21, 2020
Sold by
Kemmerer Stephanie S and Kemmerer Stephanie
Bought by
Magner Jerry and Magner Sheri
Seller's Agent
Candy Wong
SKOGMAN REALTY
Buyer's Agent
Kyle Kloft
SKOGMAN REALTY
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Current Estimated Value
$292,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,859
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Apr 13, 2006
Sold by
Water Tower Place Llc
Bought by
Kemmerer Stephanie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,980
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Magner Jerry $220,000 None Available
Kemmerer Stephanie S $223,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kemmerer Stephanie S $58,600
Previous Owner Kemmerer Stephanie S $35,700
Previous Owner Kemmerer Stephanie S $165,000
Previous Owner Kemmerer Stephanie $168,000
Previous Owner Kemmerer Stephanie S $23,075
Previous Owner Kemmerer Stephanie S $178,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $220,000 -3.9% $178 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/12/2020 10/12/20 Price Changed $229,000 -3.9% $186 / Sq Ft
08/10/2020 08/10/20 Price Changed $238,400 -0.6% $193 / Sq Ft
06/24/2020 06/24/20 For Sale $239,900 -- $195 / 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 $4,954 $246,100 $35,500 $210,600
2022 $4,866 $234,900 $38,000 $196,900
2021 $5,072 $234,900 $38,000 $196,900
2020 $5,072 $229,900 $38,000 $191,900
2019 $4,588 $221,400 $38,000 $183,400
2018 $4,512 $221,400 $38,000 $183,400
2017 $1,179 $81,400 $15,000 $66,400
2016 $1,179 $55,500 $15,000 $40,500
2015 $1,167 $54,871 $15,000 $39,871
2014 $982 $41,073 $15,000 $26,073
2013 $670 $41,073 $15,000 $26,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2004611

Cedar Rapids Area Association of REALTORS®

APN: 14281-86002-01029