NOT LISTED FOR SALE

2040 Carolina Dr NE Cedar Rapids, IA 52402

Estimated Value: $202,000 - $217,000

3 Beds
1.5 Baths
1,482 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 06, 2023

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

Est. 3% increase in value since last sale

Current estimated payment $1,453/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 Listed By

Jenna Burt

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

Keller Williams Legacy Group

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

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • High School: Kennedy

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
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%
Total Days on Market
5
Views
66
Current Estimated Value
$210,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,768
Avg. Annual Appreciation
6.34%
Original Mortgage
$164,000
Outstanding Balance
$161,402
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$68,422

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 Change Sq Ft Price
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
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

  • J

    Seller's Agent in 2023

    Jenna Burt

    Keller Williams Legacy Group

    (319) 214-2400

    281 Total Sales

    Jenna Burt
    Section Image
  • Kari Juhl

    Buyer's Agent in 2023

    Kari Juhl

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 541-3178

    476 Total Sales

    Kari Juhl
    Section Image
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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

Homes for Sale in Cedar Rapids, IA

This home is located at 2040 Carolina Dr NE, Cedar Rapids, IA 52402 since 31 May 2023 and is currently estimated at $210,768, approximately $142 per square foot. This property was built in 1961. 2040 Carolina Dr NE is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy High School.

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.

Cedar Rapids Area Association of REALTORS® 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.

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