NOT LISTED FOR SALE

2040 Carolina Dr NE Cedar Rapids, IA 52402

Estimated Value: $221,000 - $232,000

3 Beds
1.5 Baths
1,482 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $205,000 $138 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,452/month

5 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • Eat-In Kitchen
  • Family Room

About This Home

As of July 2023

Don’t miss this lovely ranch home in a friendly neighborhood with a convenient location close to schools, shopping areas and quick interstate access! You will be welcomed by a large front window in the family room, and the spacious main level also features a dine-in kitchen with beautiful cabinets, three bedrooms and two bathrooms. The lower level includes the laundry area and a ready-to-finish space with tons of great potential! A 2 car attached garage and cozy backyard completes this well maintained home.

Last Agent to Sell the Property

Jenna Burt-Top Tier Home Team

Keller Williams Legacy Group Listed on: 05/31/2023

Keller Williams Legacy Group

Last Buyer's Agent

Kari Juhl

LEPIC-KROEGER CORRIDOR, REALTORS

LEPIC-KROEGER CORRIDOR, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,193

Year Built

  • 1961

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 77x120

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,482 Sq Ft Home
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

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

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,193

Year Built

1961

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2100
  • Above Grade Finished Sq Ft: 1482
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 4193
  • List User Cell Phone: 319-310-9840
  • Net Tax: 4008
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.02500
  • Ratio Close Price By Original Li: 1.02500
  • Ratio Current Price By Sq Ft: 138.33
  • Total Sq Ft: 1482
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Family
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Off Street Parking, On Street Parking
  • Garage Size: 492

Utilities

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

Lot Info

  • Lot Size: 77x120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 3, 2023
Sold by
Weepie Charles M
Bought by
Reeves Micah E and Reeves Kathleen E
Seller's Agent
Jenna Burt-Top Tier Home Team
Keller Williams Legacy Group
Buyer's Agent
Kari Juhl
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Views
66
Current Estimated Value
$224,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,654
Avg. Annual Appreciation
4.04%
Original Mortgage
$164,000
Outstanding Balance
$159,925
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$64,729
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
Reeves Micah E $205,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Micah E $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $205,000 +2.5% $138 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $200,000 -- $135 / 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 $3,210 $221,100 $44,300 $176,800
2024 $3,402 $200,500 $40,700 $159,800
2023 $3,402 $200,500 $40,700 $159,800
2022 $3,096 $173,600 $35,400 $138,200
2021 $3,160 $161,800 $33,600 $128,200
2020 $3,160 $155,100 $30,100 $125,000
2019 $2,910 $146,800 $28,300 $118,500
2018 $2,824 $146,800 $28,300 $118,500
2017 $2,834 $141,900 $28,300 $113,600
2016 $2,873 $138,500 $28,300 $110,200
2015 $2,913 $140,236 $31,876 $108,360
2014 $2,728 $140,236 $31,876 $108,360
2013 $2,664 $140,236 $31,876 $108,360
Source: Public Records

Agents Affiliated with this Home

  • Kari Juhl

    Buyer's Agent in 2023

    Kari Juhl

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 541-3178

    450 Total Sales

    Kari Juhl
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303339

Cedar Rapids Area Association of REALTORS®

APN: 14092-79025-00000

Iowa Linn County Cedar Rapids 52402

2040 Carolina Dr NE, Cedar Rapids, IA

Not Listed for Sale

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