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CondominiumResidential

6650 Preston Terrace Ct

CEDAR RAPIDS, IA 52404
2003
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 20036 units1,238–1,238 ft²
$591K
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$99K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$80
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-43.1%vs the Cedar Rapids ZIP median sale $/ft² ($140)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+1.7%per yeartypical hold 6.5 yrsfrom 6 same-unit resales

12 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

4 bed
6 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
4 bd · 2 ba · 1,238 ft²
6 units

Ownership & Financing

Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.100%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.6.5 yrs
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.0%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$0
Median tax billThe middle annual property tax bill among the building's units.$2,291
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 3Feb 4, 2020$2,350,000Unit 1Feb 4, 2020$2,350,000Unit 2Feb 4, 2020$2,350,000Unit 4Feb 4, 2020$2,350,000Unit 5Feb 4, 2020$2,350,000Unit 6Feb 4, 2020$2,350,000Unit 3Aug 5, 2013$2,100,000Unit 1Aug 5, 2013$2,100,000Unit 2Aug 5, 2013$2,100,000Unit 4Aug 5, 2013$2,100,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountyLinn
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 84 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Prairie Heights ElementaryB
Elementary · Grades PK–4 · 0.6 mi
M
Prairie Point Middle School / 9th Grade AcademyB-
Middle · Grades 7–9 · 0.9 mi
H
Prairie Point High SchoolD
High · Grades 10–12 · 0.9 mi

District: College Community School District

Neighborhood · ZIP 52404These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.19

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.45,212
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.818 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,156
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77,930
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

6650 Preston Terrace Ct Sw Apt 1
4 bd · 2 ba · 1,238 ft²
$99K
6650 Preston Terrace Ct Sw Apt 2
4 bd · 2 ba · 1,238 ft²
$99K
6650 Preston Terrace Ct Sw Apt 3
4 bd · 2 ba · 1,238 ft²
$99K
6650 Preston Terrace Ct Sw Apt 4
4 bd · 2 ba · 1,238 ft²
$99K
6650 Preston Terrace Ct Sw Apt 5
4 bd · 2 ba · 1,238 ft²
$99K
6650 Preston Terrace Ct Sw Apt 6
4 bd · 2 ba · 1,238 ft²
$99K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 6650 Preston Terrace Ct

How many units are in 6650 Preston Terrace Ct, Cedar Rapids, IA?

6650 Preston Terrace Ct, Cedar Rapids, IA has 6 residential units across built in 2003, according to county assessor records.

What is a unit at 6650 Preston Terrace Ct, Cedar Rapids, IA worth?

The median TopHap Estimate across the 6 units at 6650 Preston Terrace Ct, Cedar Rapids, IA is $98,549. That works out to $80 per square foot. Units run from 1,238 to 1,238 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 6650 Preston Terrace Ct, Cedar Rapids, IA expensive for Cedar Rapids?

Units at 6650 Preston Terrace Ct, Cedar Rapids, IA carry a median of $80 per square foot, 43% below the Cedar Rapids median of $140 per square foot.

How often do units sell at 6650 Preston Terrace Ct, Cedar Rapids, IA?

0 units at 6650 Preston Terrace Ct, Cedar Rapids, IA sold in the last 12 months, out of 12 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 6650 Preston Terrace Ct, Cedar Rapids, IA appreciated?

Across 6 repeat sales of the same unit, 6650 Preston Terrace Ct, Cedar Rapids, IA returned a median 1.7% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.5 years.

What floor plans does 6650 Preston Terrace Ct, Cedar Rapids, IA have?

The most common plan at 6650 Preston Terrace Ct, Cedar Rapids, IA is a 4-bedroom of 1,238 square feet, repeated 6 times, with a median estimate of $98,549. TopHap identifies 1 recurring plans in the building.

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