NOT LISTED FOR SALE

1229 40th Street Ct NW Cedar Rapids, IA 52405

Estimated Value: $267,399 - $293,000

3 Beds
2 Baths
1,678 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $237,000 $141 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,774/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Cul-De-Sac
  • John F. Kennedy High School Rated A-
  • Great Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of July 2022

This home is located at 1229 40th Street Ct NW, Cedar Rapids, IA 52405 since 30 June 2022 and is currently estimated at $278,100, approximately $165 per square foot. This property was built in 1988. 1229 40th Street Ct NW is a home located in Linn County with nearby schools including Maple Grove Elementary School, Taft Middle School, and John F. Kennedy High School.

Last Agent to Sell the Property

Cassidy Farnsworth

Realty87 Listed on: 06/30/2022

Last Buyer's Agent

Wynn Nguyen

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,029

Year Built

  • 1988

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,029

Year Built

1988

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2530
  • Above Grade Finished Sq Ft: 1538
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 4029
  • List User Cell Phone: 515-314-4801
  • Low Lvl Fin Sq Ft: 140
  • Miscellaneous: Cable Ready, Deck, Fencing, Storage Shed
  • Net Tax: 4029
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00851
  • Ratio Close Price By Original Li: 1.00851
  • Ratio Current Price By Sq Ft: 154.10
  • Total Sq Ft: 1678
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 3 Seasons, Great Room, Non Egress-Ll Room
  • Basement: Full, Pour, Slab
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Great Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Off Street Parking, On Street Parking
  • Garage Size: 2 Car

Utilities

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

Schools

  • Elementary School: Maple Grove
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: .253 Acre

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jul 21, 2022
Sold by
Myers Larry E and Myers Joanetta R
Bought by
Abodji Koffi
Seller's Agent
Cassidy Farnsworth
Realty87
Buyer's Agent
Wynn Nguyen
Pinnacle Realty LLC
List Price
$235,000
Sold Price
$237,000
Premium/Discount to List
$2,000
0.85%
Current Estimated Value
$278,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,100
Avg. Annual Appreciation
5.14%
Original Mortgage
$213,300
Outstanding Balance
$203,633
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$74,467
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
Abodji Koffi $237,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abodji Koffi $213,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $237,000 +0.9% $141 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $235,000 -- $140 / 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
2025 $3,600 $230,700 $57,000 $173,700
2024 $3,756 $230,100 $57,000 $173,100
2023 $3,756 $213,900 $57,000 $156,900
2022 $3,686 $190,300 $44,300 $146,000
2021 $3,802 $190,300 $44,300 $146,000
2020 $3,802 $184,200 $44,300 $139,900
2019 $3,686 $179,500 $40,100 $139,400
2018 $3,580 $179,500 $40,100 $139,400
2017 $3,803 $181,700 $40,100 $141,600
2016 $3,803 $178,900 $40,100 $138,800
2015 $3,899 $183,269 $40,109 $143,160
2014 $3,714 $183,269 $40,109 $143,160
2013 $3,630 $183,269 $40,109 $143,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2205719

Cedar Rapids Area Association of REALTORS®

APN: 13244-28005-00000