NOT LISTED FOR SALE

Estimated Value: $312,000 - $367,000

2 Beds
2 Baths
1,450 Sq Ft
2004 Built

Last Sold November 19, 2015

Last sale price $266,000 $183 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,229/month

26 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Deck
  • Main Floor Primary Bedroom
  • Intercom

About This Home

As of November 2015

Looking for something different while living in a piece of Cedar Rapids history? This prestigious loft in the Water Tower Building is completely unique to the Cedar Rapids area and is located in the NewBo Cultural district with a great "Walk Score"! This corner unit features amazing views of the of the south and west, the natural light is truly a strength in comparison to many units in the building. This unit also comes with access to the only "Green Rooftop" residential living experience in town. There are walkways, grills, benches and tables making this a special place to entertain while overlooking the entire city! There is 1 underground parking space. There is also an opportunity to build equity with the size of the unit compared to other units in the building and putting some personal touches on it. There are plenty of shops, stores, restaurants in viewing distance as well as the NewBo Market!

Last Agent to Sell the Property

Robert Stiles

Revolution Realty Team LLC Listed on: 08/14/2015

Co-Listed By

Jeremy Wilson

Infiniti Realty

Last Buyer's Agent

Beth Brockette

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $638

Year Built

  • 2004

Home Design

  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,450 Sq Ft Home
  • Vaulted Ceiling
  • Family Room
  • Combination Kitchen and Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

Overview

  • Property has a Home Owners Association
  • Handicap Modified Features In Community

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$638

Year Built

2004

Lot Details

0

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 1450
  • 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: Kitchen/Dining Combo
  • Gross Tax: 638
  • List User Cell Phone: 319-210-0338
  • Miscellaneous: Cable Ready, Deck, Elevator, Handicapped Features, Intercom, Patio, Security System, Vaulted Ceiling
  • Net Tax: 638
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96745
  • Ratio Close Price By Original Li: 0.96745
  • Ratio Current Price By Sq Ft: 183.45
  • Total Sq Ft: 1450
  • Tax Roll Number: 142818600201030
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Hood Fan, Microwave, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Masonry
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 1 Car, Attached, 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, Onsite Maint Person, Secure Storage Area, Secured Entrance
  • Association Fee: 384
  • 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
Aug 14, 2015
Closed on
Nov 7, 2015
Sold by
Fischer Robert L and Fischer Jeorgia J.M
Bought by
Kurtt Jody L
Seller's Agent
Robert Stiles
Revolution Realty Team LLC
Buyer's Agent
Beth Brockette
RUHL & RUHL REALTORS®
List Price
$274,950
Sold Price
$266,000
Premium/Discount to List
-$8,950
-3.26%
Current Estimated Value
$326,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,279
Avg. Annual Appreciation
2.40%

Purchase Details

Listed on
Jan 21, 2015
Closed on
Jul 27, 2015
Sold by
Fox Robert H and Fox Ruth L
Bought by
Fischer Robert L and Fischer Jeorgia J M
Seller's Agent
Candy Wong
SKOGMAN REALTY
Buyer's Agent
Sara Vancura
SKOGMAN REALTY
List Price
$294,500
Sold Price
$266,000
Premium/Discount to List
-$28,500
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$239,400
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 2006
Sold by
Water Tower Place Llc
Bought by
Fox Robert H and Fox Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Kurtt Jody L $266,000 None Available
Fischer Robert L $266,000 None Available
Fox Robert H $196,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kurtt Jody L $187,000
Previous Owner Fischer Robert L $239,400
Previous Owner Fox Robert H $30,000
Previous Owner Fox Robert H $25,000
Previous Owner Fox Robert H $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $266,000 -3.3% $183 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $274,950 +3.4% $190 / Sq Ft
07/30/2015 07/30/15 Sold $266,000 -9.7% $183 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $294,500 -- $203 / 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 $5,310 $265,300 $35,500 $229,800
2022 $5,216 $251,800 $38,000 $213,800
2021 $5,436 $251,800 $38,000 $213,800
2020 $5,436 $246,400 $38,000 $208,400
2019 $5,112 $237,200 $38,000 $199,200
2018 $5,072 $237,200 $38,000 $199,200
2017 $1,199 $83,600 $15,000 $68,600
2016 $1,199 $56,400 $15,000 $41,400
2015 $1,014 $55,749 $15,000 $40,749
2014 $1,002 $40,763 $15,000 $25,763
2013 -- $40,763 $15,000 $25,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1506373

Cedar Rapids Area Association of REALTORS®

APN: 14281-86002-01030