PENDING
$20K PRICE DROP
215 40th Street Dr SE Unit 304 Cedar Rapids, IA 52403
Estimated payment $1,030/month
Total Views
20,294
3
Beds
2
Baths
1,307
Sq Ft
$92
Price per Sq Ft
Highlights
- Deck
- Main Floor Primary Bedroom
- Cul-De-Sac
- Vaulted Ceiling
- 1 Car Detached Garage
- Laundry Room
About This Home
Well-maintained condo in a wooded complex, this well maintained unit offers easy main-floor living with two bedrooms and two full baths, plus a versatile third bedroom in the loft. Enjoy the warmth of a wood-burning fireplace in the open living area, and step out to a spacious open balcony overlooking a peaceful wooded view—perfect for relaxing. The open balcony adds a touch of character, while the neighborhood pool (separate annual fee) and unbeatable location provide convenience and lifestyle in equal measure. Quick access to shopping, dining, parks, and more makes this one a standout. Call to schedule a private showing of this condo today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,230
Year Built
- Built in 1979
HOA Fees
- $190 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,307 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Burning Fireplace
- Family Room with Fireplace
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
Schools
- Kenwood Elementary School
- Franklin Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Deck
- Cul-De-Sac
Listing and Financial Details
- Assessor Parcel Number 14112-04003-01015
Community Details
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,268 | $125,500 | $18,000 | $107,500 |
| 2023 | $2,268 | $126,000 | $18,000 | $108,000 |
| 2022 | $2,166 | $107,500 | $15,000 | $92,500 |
| 2021 | $2,082 | $104,600 | $15,000 | $89,600 |
| 2020 | $2,082 | $94,400 | $12,000 | $82,400 |
| 2019 | $2,034 | $94,400 | $12,000 | $82,400 |
| 2018 | $2,050 | $94,400 | $12,000 | $82,400 |
| 2017 | $1,846 | $84,800 | $8,000 | $76,800 |
| 2016 | $1,838 | $86,500 | $8,000 | $78,500 |
| 2015 | $1,946 | $91,457 | $8,000 | $83,457 |
| 2014 | $1,946 | $87,979 | $8,000 | $79,979 |
| 2013 | $1,832 | $87,979 | $8,000 | $79,979 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 06/19/2025 06/19/25 | Price Changed | $120,000 | -7.7% | $92 / Sq Ft |
| 06/09/2025 06/09/25 | Price Changed | $130,000 | -6.8% | $99 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $139,500 | +26.8% | $107 / Sq Ft |
| 11/13/2020 11/13/20 | Sold | $110,000 | 0.0% | $84 / Sq Ft |
| 10/03/2020 10/03/20 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | For Sale | $110,000 | 0.0% | $84 / Sq Ft |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | For Sale | $110,000 | -- | $84 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | $91,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $98,500 | New Conventional | |
| Previous Owner | $68,250 | New Conventional |
Source: Public Records
Similar Homes in Cedar Rapids, IA
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2503797
APN: 14112-04003-01015
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