NOT LISTED FOR SALE

Estimated Value: $405,830 - $532,000

2 Beds
2 Baths
1,546 Sq Ft
1925 Built

Last Sold May 19, 2016

Last sale price $317,000 $205 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,152/month

171 Days on Market

Highlights

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

About This Home

As of May 2016

Are you looking for THE place? Do you want to walk into your front door and every single time, think to yourself, I am so very lucky!? Do you long for views that don't end? Do you enjoy being in a place that everywhere you look is art? This 1920's gorgeous restoration into high end luxury condos was nothing short of wonderful display of aesthetics that became a thriving community close to everything that is vibrant about our City. Out the living/dining area & bedroom of the loft are views of the Cedar River, biking trails & just steps away: NewBo! In the other direction is downtown CR with all it's business vitality, restaurants, the monthly Farmer's market and so much more! This building is one of a kind with it's attention to detail: Rooftop garden & entertaining space, personal balconies, all are pet friendly with a pet wash area on 6th floor, elevators, guest suite, indoor parking, and so much more! One of a kind!

Last Listed By

Doris Ackerman

KW Advantage Listed on: 10/19/2015

KW Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,666

Year Built

  • 1925

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,546 Sq Ft Home
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Laundry in unit
  • Basement

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • Patio
  • Waterfront

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,666

Year Built

1925

Lot Details

0

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 1546
  • Association Fee Frequency: Month
  • Association Management: By Association, 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, Kitchen/Dining Combo
  • Gross Tax: 1666
  • List User Cell Phone: 319-361-2934
  • Miscellaneous: Cable Ready, Elevator, Intercom, Patio, Security System, Vaulted Ceiling
  • Net Tax: 1666
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93235
  • Ratio Close Price By Original Li: 0.88056
  • Ratio Current Price By Sq Ft: 205.05
  • Total Sq Ft: 1546
  • Taxable Value Tv: 414779.00
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1925

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Water Front

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Heated Garage, Off Street Parking, On Street Parking
  • Garage Size: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Elevator, Guest Room Facilities, Laundry In Unit, Onsite Maint Person, Secure Storage Area, Secured Entrance
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2012
Sold by
Federal National Mortgage Association
Bought by
Lucera Rebecca
Total Days on Market
171
Current Estimated Value
$453,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,920
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Shadden Jody and Shadden Liza
Bought by
Fedral National Mortgage Association

Purchase Details

Closed on
Feb 28, 2007
Sold by
Water Tower Place Llc
Bought by
Shadden Jody and Shadden Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,794
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1998
Sold by
Gill Curt R and Gill Barbara K
Bought by
Gill Development Inc

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
Lucera Rebecca -- None Available
Fedral National Mortgage Association $301,516 None Available
Shadden Jody $443,500 None Available
Gill Development Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lucera Rebecca $64,100
Closed Lucera Rebecca $179,920
Previous Owner Shadden Jody R $200,000
Previous Owner Shadden Jody R $100,000
Previous Owner Shadden Jody $310,794
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $317,000 -11.9% $205 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $360,000 -- $233 / 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 $7,654 $385,300 $35,500 $349,800
2022 $7,518 $362,900 $38,000 $324,900
2021 $7,842 $362,900 $38,000 $324,900
2020 $7,842 $355,400 $38,000 $317,400
2019 $7,356 $341,300 $38,000 $303,300
2018 $5,096 $341,300 $38,000 $303,300
2017 $5,096 $41,800 $15,000 $26,800
2016 $1,672 $78,700 $15,000 $63,700
2015 $1,666 $78,327 $15,000 $63,327
2014 $1,666 $49,772 $15,000 $34,772
2013 $1,036 $49,772 $15,000 $34,772
Source: Public Records

Agents Affiliated with this Home

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1590986

Cedar Rapids Area Association of REALTORS®

APN: 14281-86002-01048