C
Seller's Agent in 2017
Candy Wong
SKOGMAN REALTY
(319) 560-3259
20 in this area
48 Total Sales
900 2nd St SE Unit 506 Cedar Rapids, IA 52401
Oak Hill Jackson NeighborhoodEstimated Value: $437,000 - $540,000
3
Beds
3
Baths
1,861
Sq Ft
$588/mo
HOA Fee
Highlights
- Gated Community
- Deck
- Vaulted Ceiling
- Waterfront
- Contemporary Architecture
- Main Floor Primary Bedroom
About This Home
As of April 2017Water Tower Place #506 offers spacious, beautiful urban living, a perfect home for you and your family. This converted warehouse condo with 3 bedrooms, one a loft that could be an office, and 3 baths is in the premier downtown building in the heart of NewBo. Enjoy a well-appointed kitchen w/beautiful cabinetry, tiled showers & many other modern amenities integrated with original concrete pillars, 1920s brick and 12 ft. ceilings. 506 features lots of storage, too. Take in your 5th floor city view from inside or your private balcony. Walk outside and enjoy all of downtown. Water Tower Owners also co-own a complete guest condo for visitors, an environmentally conscious green roof, too with seating, grilling & a gas firepit. A private secure garage space is included. Building management is onsite. And pets are welcome in this vintage yet modern place to call home. Make it yours and enjoy the good life at Water Tower.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,157
Year Built
- 2008
Lot Details
- Waterfront
- Irrigation
HOA Fees
- $588 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Frame Construction
- Metal Construction or Metal Frame
- Masonry
Interior Spaces
- 1,861 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Great Room
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- 3 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
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2016
Closed on
Apr 11, 2017
Sold by
Sovern Steven H and Sovern Bonnie A
Bought by
Fischer Monica and Fischer Gordon
Seller's Agent
Candy Wong
SKOGMAN REALTY
Buyer's Agent
Karen Mathison
Realty87
List Price
$397,000
Sold Price
$375,000
Premium/Discount to List
-$22,000
-5.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,368
Avg. Annual Appreciation
2.85%
Original Mortgage
$300,000
Outstanding Balance
$151,129
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$325,239
Purchase Details
Listed on
Sep 8, 2011
Closed on
Aug 21, 2012
Sold by
Four Bs Llc
Bought by
Sovern Steven H and Sovern Bonnie A
Seller's Agent
Carol Lakin
SKOGMAN REALTY
Buyer's Agent
Carol Lakin
SKOGMAN REALTY
List Price
$369,950
Sold Price
$355,000
Premium/Discount to List
-$14,950
-4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$160,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 15, 2007
Sold by
Water Tower Place Llc
Bought by
The Four Bs Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fischer Monica | $375,000 | None Available | |
| Sovern Steven H | $355,000 | None Available | |
| The Four Bs Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fischer Monica | $300,000 | |
| Previous Owner | Sovern Steven H | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2017 04/14/17 | Sold | $375,000 | -5.5% | $202 / Sq Ft | |
| 01/23/2017 01/23/17 | Pending | -- | -- | -- | |
| 12/09/2016 12/09/16 | For Sale | $397,000 | +11.8% | $213 / Sq Ft | |
| 08/22/2012 08/22/12 | Sold | $355,000 | -4.0% | $191 / Sq Ft | View Prior Sale |
| 08/07/2012 08/07/12 | Pending | -- | -- | -- | |
| 09/08/2011 09/08/11 | For Sale | $369,950 | -- | $199 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $7,290 | $451,200 | $45,000 | $406,200 |
| 2024 | $8,184 | $469,400 | $39,500 | $429,900 |
| 2023 | $8,184 | $422,400 | $35,500 | $386,900 |
| 2022 | $8,036 | $396,900 | $38,000 | $358,900 |
| 2021 | $8,384 | $396,900 | $38,000 | $358,900 |
| 2020 | $8,384 | $388,600 | $38,000 | $350,600 |
| 2019 | $7,856 | $373,000 | $38,000 | $335,000 |
| 2018 | $1,470 | $373,000 | $38,000 | $335,000 |
| 2017 | $1,358 | $70,900 | $15,000 | $55,900 |
| 2016 | $1,157 | $54,400 | $15,000 | $39,400 |
| 2015 | $1,949 | $91,601 | $15,000 | $76,601 |
| 2014 | $1,764 | $64,294 | $15,000 | $49,294 |
| 2013 | $1,154 | $64,294 | $15,000 | $49,294 |
Source: Public Records
Agents Affiliated with this Home
-
Candy Wong
-
Karen Mathison
Buyer's Agent in 2017
Karen Mathison
Realty87
(319) 573-8106
3 in this area
140 Total Sales
-
C
Seller's Agent in 2012
Carol Lakin
SKOGMAN REALTY
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1612942
APN: 14281-86002-01039
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 905 3rd St SE Unit 305
- Lot 42 Kestrel Heights
- 329 12th Ave SE
- 400 1st St SE Unit 301
- 400 1st St SE Unit 410
- 1021 9th St SE
- 200 3rd Ave SE Unit 301
- 116 6th Ave SW
- 450 1st St SW Unit 406
- 1032 9th St SE
- 525 2nd St SW
- 517 2nd St SW
- 513 2nd St SW
- 1411 1st St SW
- 728 4th Ave SE
- 100 4th Ave SW Unit 204
- 317 8th St SE
- 912 10th St SE
- 222 5th Ave SW
- 192 15th Ave SW
- 900 2nd St SE
- 900 2nd St SE
- 900 2nd St SE Unit 608
- 900 2nd St SE
- 900 2nd St SE
- 900 2nd St SE
- 900 2nd St SE
- 900 2nd St SE
- 900 2nd St SE
- 900 2nd St SE Unit 507
- 900 2nd St SE
- 900 2nd St SE Unit 503
- 900 2nd St SE Unit 501
- 900 2nd St SE Unit 410
- 900 2nd St SE
- 900 2nd St SE
- 900 2nd St SE Unit 407
- 900 2nd St SE Unit 406
- 900 2nd St SE Unit 405
- 900 2nd St SE