$93,000
SOLD DEC 13, 2013

215 40th Street Dr SE Unit 305 Cedar Rapids, IA 52403

2 Beds
2 Baths
1,307 Sq Ft
$120/mo HOA Fee

Recently Sold

$71 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 1 Car Detached Garage
  • Wooded Lot
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of June 2018

A lot of love has reinvented this condo into a home! Located in a convenient neighborhood, close to shopping and right off First Ave. Inside you will find a great open floor plan, with vaulted ceiling in the great room, along with the perfect fireplace to cozy up to during the winter months ahead. Then head up to a spacious loft above for extra living space and huge storage closet. The kitchen has been completely updated, newer floors, new butcher block counters, backsplash, stained cupboards and all stainless steel appliances stay. Master bedroom includes plenty of closet space and newly tiled and updated private master bath. The guest bath has also been updated with tile floor and basin sink-cute as can be! The second bedroom would be perfect for a nursery, office or guest room! Don't forget to enjoy the great outdoors on your private deck! This is an amazing home-you've got to see it for yourself!

Last Agent to Sell the Property

Lori Williams

Realty87 Listed on: 09/06/2013

Last Buyer's Agent

Lori Williams

Realty87 Listed on: 09/06/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,901

Year Built

  • 1979

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,307 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Additional Features

  • Deck
  • Wooded Lot
  • Forced Air Cooling System

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,901

Year Built

1979

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Above Grade Finished Sq Ft: 1307
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Formal Dining
  • Gross Tax: 1901
  • List User Cell Phone: 319-560-5370
  • Miscellaneous: Deck, Vaulted Ceiling
  • Net Tax: 1716
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95876
  • Ratio Close Price By Original Li: 0.95876
  • Ratio Current Price By Sq Ft: 71.16
  • Total Sq Ft: 1307
  • Tax Roll Number: 141120400301016
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Range, Washer
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Wood Burning
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 2
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 1 CAR

Utilities

  • Heating Cooling: Central Air, Forced Air

Condo/Co-op/Association

  • Association Fee: 120
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
Barber Miranda R
Bought by
Cedar Rapids Bank And Trust Company
Current Estimated Value
$133,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Outstanding Balance
$91,642
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$41,934

Purchase Details

Closed on
Nov 22, 2022
Sold by
Howes Audrey L
Bought by
Barber Miranda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Outstanding Balance
$91,642
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$41,934

Purchase Details

Closed on
Mar 25, 2020
Sold by
Johnson Denis A
Bought by
Howers Audrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 19, 2018
Sold by
Nadipuram Abhay M and Ananth Ranjani
Bought by
Johnson Denise A
Seller's Agent
Adam Stradt
RE/MAX CONCEPTS
Buyer's Agent
Tres Neil
REVOLUTION REALTY TEAM
List Price
$102,000
Sold Price
$100,000
Premium/Discount to List
-$2,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$97,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2013
Closed on
Nov 25, 2013
Sold by
Radzimanowski John W and Radzimanowski Carly
Bought by
Nadipuram Abhay M and Nadipuram Mukund G
Seller's Agent
Lori Williams
Realty87
Buyer's Agent
Lori Williams
Realty87
List Price
$97,000
Sold Price
$93,000
Premium/Discount to List
-$4,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.61%
Original Mortgage
$45,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Lang Christy M
Bought by
Radzimanowski John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,708
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2003
Sold by
Rhodes Steven L and Rhodes Sharon A
Bought by
Lang Christy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,950
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Hud
Bought by
Rhodes Steven L and Rhodes Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1998
Sold by
Kenton Craig M
Bought by
Bumpus Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,048
Interest Rate
6.59%
Mortgage Type
FHA
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
Deed -- --
Warranty Deed $117,500 --
Warranty Deed $105,000 None Available
Warranty Deed $100,000 None Available
Warranty Deed $93,000 None Available
Warranty Deed $87,500 None Available
Warranty Deed $79,500 --
Special Warranty Deed -- First American Title
Warranty Deed $74,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,000 New Conventional
Previous Owner $94,500 New Conventional
Previous Owner $97,000 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $86,708 FHA
Previous Owner $20,000 Stand Alone Second
Previous Owner $63,950 Purchase Money Mortgage
Previous Owner $62,400 Purchase Money Mortgage
Previous Owner $73,048 FHA
Closed $12,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $100,000 -2.0% $77 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $102,000 +9.7% $78 / Sq Ft
12/13/2013 12/13/13 Sold $93,000 -4.1% $71 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $97,000 -- $74 / 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 $2,080 $126,000 $18,000 $108,000
2022 $1,982 $107,500 $15,000 $92,500
2021 $1,894 $104,600 $15,000 $89,600
2020 $1,894 $94,400 $12,000 $82,400
2019 $1,852 $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 $1,838 $91,457 $8,000 $83,457
2014 $1,946 $87,979 $8,000 $79,979
2013 $1,646 $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: 1306278

Cedar Rapids Area Association of REALTORS®

APN: 14112-04003-01016