NOT LISTED FOR SALE

219 40th Street Dr SE Unit 105 Cedar Rapids, IA 52403

Estimated Value: $120,000 - $121,000

2 Beds
1 Bath
1,070 Sq Ft
$120/mo HOA Fee

Last Sold December 18, 2015

Last sale price $69,900 $65 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $911/month

175 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • 1 Car Attached Garage
  • Deck
  • Cul-De-Sac
  • Intercom

About This Home

As of December 2015

This is one of the super nice condos in move-in condition & featuring an updated Maple Kitchen w/breakfast bar, large dining area, updated bath, nice flooring & neutral paint, wood burning FP, covered deck (just been freshly painted w/new carpet), and attached garage with direct access into the unit! Both bedrooms are generous in size w/lots of double closet space. New vinyl siding to exterior of complex in 2014. This unit is located toward the back of the complex away from the street so nice and quiet with a gorgeous view of the green space and Indian Creek from the covered deck. This building also affords storage in the basement for personal belongings. Secured entry. One dog or cat under 15 lbs.

Last Agent to Sell the Property

Kathy Louvar

RUHL & RUHL REALTORS® Listed on: 05/21/2015

Last Buyer's Agent

Tres Neil

REVOLUTION REALTY TEAM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,671

Year Built

  • 1981

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Split Level Home
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,070 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Intercom
  • Basement

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Attached 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

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,671

Year Built

1981

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Style: Ranch, Split Level
  • Above Grade Finished Sq Ft: 1070
  • Association Fee Frequency: Month
  • Association Management: By Association, Start Up Fee
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 1671
  • List User Cell Phone: 319-310-4692
  • Miscellaneous: Cable Ready, Deck, Intercom
  • Net Tax: 1486
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94459
  • Ratio Close Price By Original Li: 0.82722
  • Ratio Current Price By Sq Ft: 65.33
  • Total Sq Ft: 1070
  • Tax Roll Number: 1411210400301022
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Fireplace Features: Built In, Wood Burning, Living Room
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

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

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, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Dec 17, 2015
Sold by
Glanz Tyler M
Bought by
Hadenfeldt Rodney R
Seller's Agent
Kathy Louvar
RUHL & RUHL REALTORS®
Buyer's Agent
Tres Neil
REVOLUTION REALTY TEAM
List Price
$84,500
Sold Price
$69,900
Premium/Discount to List
-$14,600
-17.28%
Current Estimated Value
$120,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,433
Avg. Annual Appreciation
5.71%
Original Mortgage
$62,910
Outstanding Balance
$49,900
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$70,433

Purchase Details

Closed on
Apr 19, 2005
Sold by
Parks Darla J and Parks Randall V
Bought by
Latta Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,570
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 10, 2000
Sold by
Brandt Peter R
Bought by
Smetzer Darla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,400
Interest Rate
7.87%
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
Hadenfeldt Rodney R $500,000 None Available
Latta Todd M $77,000 --
Smetzer Darla J $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadenfeldt Rodney R $62,910
Previous Owner Latta Todd M $79,570
Previous Owner Smetzer Darla J $56,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $69,900 -17.3% $65 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $84,500 -- $79 / 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 $1,394 $72,500 $6,500 $66,000
2016 $1,571 $73,900 $6,500 $67,400
2015 $1,386 $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: 1504123

Cedar Rapids Area Association of REALTORS®

APN: 14112-04003-01022