NOT LISTED FOR SALE

219 40th Street Dr SE Unit 204 Cedar Rapids, IA 52403

Estimated Value: $130,000 - $140,000

2 Beds
2 Baths
1,313 Sq Ft
$160/mo HOA Fee

Last Sold September 28, 2023

Last sale price $128,000 $97 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,062/month

9 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Forced Air Cooling System

About This Home

As of September 2023

Contemporary and stylish condo with serene views! The main living area features soaring vaulted ceilings and a wood-burning fireplace, perfect for cozy evenings. Step outside onto the private balcony, where you can sip your morning coffee and admire the view. The loft area can be transformed into a home office, a creative studio, or a relaxing reading nook. The spacious bedrooms are designed with comfort in mind, offering plenty of room to unwind and recharge. With the split-level layout, the condo offers a unique and functional flow, adding an element of sophistication to the living space. Located in a well-established community, this condo offers the convenience of nearby amenities, including shopping centers and restaurants. You will also have the option of joining the Glencove neighborhood pool just down the street from the condo. Don't miss the opportunity to make this condo your new home. Schedule a showing today!

Last Agent to Sell the Property

Luke Long

Realty87 Listed on: 07/25/2023

Realty87

Last Buyer's Agent

Alissa Leidigh

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,196

Year Built

  • 1981

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,313 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

Recreation

  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,196

Year Built

1981

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Style: Contemporary
  • Above Grade Finished Sq Ft: 1313
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 2196
  • List User Cell Phone: 319-350-8273
  • Miscellaneous: Vaulted Ceiling
  • Net Tax: 2196
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98537
  • Ratio Close Price By Original Li: 0.98537
  • Ratio Current Price By Sq Ft: 97.49
  • Total Sq Ft: 1313
  • 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, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Wood Burning, Living Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded, Secured Entrance
  • Association Fee: 160
  • 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
Jul 25, 2023
Closed on
Sep 14, 2023
Sold by
Etzel Dean W and Etzel Deborah L
Bought by
Arthofer Kyle
Seller's Agent
Luke Long
Realty87
Buyer's Agent
Alissa Leidigh
Realty87
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%
Views
66
Current Estimated Value
$135,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,391
Avg. Annual Appreciation
2.86%
Original Mortgage
$6,400
Outstanding Balance
$1,370
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$134,021

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 29, 2019
Sold by
Miles Jeffrey and Miles Marilyn
Bought by
Etzel Dean W and Etzel Deborah L
Seller's Agent
Patrick Donohoe
Realty87
Buyer's Agent
Luke Long
Realty87
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$90,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Seidl Phillip D and Fulrath Kaye
Bought by
Miles Jeffrey and Miles Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,323
Interest Rate
6.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Arthofer Kyle $128,000 None Listed On Document
Etzel Dean W $100,000 None Available
Miles Jeffrey $83,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arthofer Kyle $6,400
Open Arthofer Kyle $124,160
Previous Owner Etzel Dean W $90,000
Previous Owner Miles Jeffrey $83,323
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $128,000 -1.5% $97 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $129,900 0.0% $99 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $129,900 +29.9% $99 / Sq Ft
12/30/2019 12/30/19 Sold $100,000 -2.0% $76 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
11/09/2019 11/09/19 Price Changed $102,000 -2.8% $78 / Sq Ft
10/18/2019 10/18/19 For Sale $104,900 -- $80 / 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 $2,240 $128,300 $18,000 $110,300
2024 $2,296 $126,000 $18,000 $108,000
2023 $2,296 $126,600 $18,000 $108,600
2022 $2,196 $108,900 $15,000 $93,900
2021 $2,110 $106,000 $15,000 $91,000
2020 $2,110 $95,600 $12,000 $83,600
2019 $2,060 $95,600 $12,000 $83,600
2018 $2,080 $95,600 $12,000 $83,600
2017 $1,842 $85,100 $8,000 $77,100
2016 $1,842 $86,700 $8,000 $78,700
2015 $1,971 $92,653 $8,000 $84,653
2014 $1,786 $89,126 $8,000 $81,126
2013 $1,670 $89,126 $8,000 $81,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2304892

Cedar Rapids Area Association of REALTORS®

APN: 14112-04003-01027