NOT LISTED FOR SALE

219 40th Street Dr SE Unit 103 Cedar Rapids, IA 52403

Estimated Value: $113,000 - $119,453

2 Beds
1 Bath
1,084 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $73,000 $67 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $896/month

69 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • 1 Car Attached Garage
  • Deck
  • L-Shaped Dining Room
  • Eat-In Kitchen

About This Home

As of December 2017

PRIVATE LOCATION BEHIND OUTBACK STEAKHOUSE. MOVE IN READY CONDO FRESHLY PAINTED. COVERED DECK AND LIVING ROOM OVERLOOK INDIAN CREEK AND GREEN SPACE. WOOD BURNING BUILT IN STOM=NE FIREPLACE IN THE LARGE LIVING ROOM. DINING AREA AND EAT IN KITCHEN. SECURED FRONT ENTRY. CABINETS FRESHLY PAINTED WHITE, NEW HARDWARE AND STAINLESS STEEL RANGE AND DISHWASHER. LARGE BEDROOMS WITH DOUBLE CLOSETS. NEW VINYL SIDING IN 2014. PET ALLOWED UNDER 15 LBS. OWNERS CAN RENT THEIR UNIT OUT IF DESIRED.

Last Agent to Sell the Property

Sherry Wahl

Realty87 Listed on: 08/07/2017

Last Buyer's Agent

Joe Hines

Realty87

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,807

Year Built

  • 1981

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,084 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • L-Shaped Dining Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Community Storage Space
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,807

Year Built

1981

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Style: Contemporary, Split Level, Townhouse
  • Above Grade Finished Sq Ft: 1084
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Dining 'L', Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 1807
  • List User Cell Phone: 319-350-4223
  • Miscellaneous: Cable Ready, Deck, Screen Porch
  • Net Tax: 1622
  • 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: 0.89024
  • Ratio Current Price By Sq Ft: 67.34
  • Total Sq Ft: 1084
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1981

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Wood Burning
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Drive Under
  • Garage Size: 288

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Secure Storage Area, Secured Entrance
  • 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, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Dec 11, 2017
Sold by
Elhart Marcia
Bought by
Hines Molly E and Hines Daniel P
Seller's Agent
Sherry Wahl
Realty87
Buyer's Agent
Joe Hines
Realty87
List Price
$82,000
Sold Price
$73,000
Premium/Discount to List
-$9,000
-10.98%
Current Estimated Value
$117,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,363
Avg. Annual Appreciation
6.29%
Original Mortgage
$65,700
Outstanding Balance
$55,328
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$62,035

Purchase Details

Closed on
May 1, 2000
Sold by
Walderbach David J and Walderbach Donna J
Bought by
Elhart Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,572
Interest Rate
8.24%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hines Molly E $73,000 None Available
Elhart Marcia $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Molly E $65,700
Previous Owner Elhart Marcia $60,572
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $73,000 0.0% $67 / Sq Ft
10/15/2017 10/15/17 Pending -- -- --
09/08/2017 09/08/17 Price Changed $73,000 -8.6% $67 / Sq Ft
08/23/2017 08/23/17 Price Changed $79,900 -2.6% $74 / Sq Ft
08/07/2017 08/07/17 For Sale $82,000 -- $76 / 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 $1,872 $117,600 $18,000 $99,600
2024 $1,918 $115,600 $18,000 $97,600
2023 $1,918 $116,200 $18,000 $98,200
2022 $1,828 $99,800 $15,000 $84,800
2021 $1,744 $97,200 $15,000 $82,200
2020 $1,744 $87,600 $12,000 $75,600
2019 $1,704 $87,600 $12,000 $75,600
2018 $1,556 $87,600 $12,000 $75,600
2017 $1,571 $72,500 $6,500 $66,000
2016 $1,571 $73,900 $6,500 $67,400
2015 $1,671 $78,579 $6,500 $72,079
2014 $1,486 $75,575 $6,500 $69,075
2013 $1,388 $75,575 $6,500 $69,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1707652

Cedar Rapids Area Association of REALTORS®

APN: 14112-04003-01020