$110,000
SOLD NOV 13, 2020

215 40th Street Dr SE Unit 304 Cedar Rapids, IA 52403

3 Beds
2 Baths
1,307 Sq Ft
$140/mo HOA Fee

Recently Sold

$84 Per Sq Ft

17 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Vaulted Ceiling
  • Formal Dining Room
  • Cul-De-Sac

About This Home

As of November 2020

****SALE PENDING 10/03/2020*******

Last Agent to Sell the Property

Rachael Ray

SKOGMAN REALTY Listed on: 09/16/2020

SKOGMAN REALTY

Last Buyer's Agent

Erik Melloy

LEPIC-KROEGER CORRIDOR, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,028

Year Built

  • 1979

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,307 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • Cul-De-Sac

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,028

Year Built

1979

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Style: 2 Stories, Loft/High-Rise
  • Above Grade Finished Sq Ft: 1307
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Formal Dining
  • Gross Tax: 2028
  • List User Cell Phone: 319-270-3104
  • Miscellaneous: Cable Ready, Deck, Vaulted Ceiling
  • Net Tax: 1838
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 84.16
  • Total Sq Ft: 1307
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Fireplace Features: Built In, Family Room, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 140
  • Association: Yes

Schools

  • Elementary School: Kenwood
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 12, 2020
Sold by
Olson Christel L
Bought by
Murray Joseph J and Murray Trina L
Seller's Agent
Rachael Ray
SKOGMAN REALTY
Buyer's Agent
Erik Melloy
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$98,500
Outstanding Balance
$88,645
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$49,660

Purchase Details

Closed on
Oct 17, 2013
Sold by
Brown Reynold E
Bought by
Olson Christel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
4.59%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
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®

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 $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

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006578

Cedar Rapids Area Association of REALTORS®

APN: 14112-04003-01015