NOT LISTED FOR SALE

2340 Thompson St SE Cedar Rapids, IA 52403

Cedar Valley Neighborhood

Estimated Value: $379,000 - $430,671

6 Beds
4 Baths
4,041 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $350,000 $87 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,802/month

14 Days on Market

Highlights

  • Home Theater
  • Ranch Style House
  • 4 Car Garage
  • Recreation Room
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of November 2020

Fantastic SE side acreage that is loaded with amenities and built to stand the test of time. This open ranch home offers 6 bedrooms, 2 of which are main floor master suites, 4 bathrooms, large main floor laundry with sink, spacious dining room, and family room. The custom built kitchen was designed to cook and entertain at the same time. Beautiful cherry cabinets give it an elegant and warm feel. The black granite counters deliver the wow factor. Massive center island with raised bar, hardwood floors, and abundant cabinet space are just a few of the bonuses. Off of the kitchen is the 4 season/sun room with 3 walls of windows to bring the outdoors in. The huge lower level rec room with volume ceilings is perfect for game nights, watching your favorite movies, or relaxing with friends and family. Geothermal heating and cooling, large garage/shop, and private yard with wooded views are a few of the many features.

Last Agent to Sell the Property

Bill Grabe

Realty87 Listed on: 09/23/2020

Realty87

Co-Listed By

Bill Grabe Sr.

Realty87

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,825

Year Built

  • 1920

Lot Details

  • 1.39 Acre Lot
  • Fenced
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Frame Construction
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Geothermal Heating and Cooling
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,825

Year Built

1920

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 1.3900
  • Above Grade Finished Sq Ft: 2777
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 4.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 6
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 5825
  • List User Cell Phone: 319-389-5120
  • Low Lvl Fin Sq Ft: 1264
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 5636
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97493
  • Ratio Close Price By Original Li: 0.92348
  • Ratio Current Price By Sq Ft: 126.04
  • Total Sq Ft: 4041
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: R1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry, 4 Seasons, Living Room, Rec Room, Theater Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Bedrooms Level 1: 4
  • Level 1 Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: In-Town Acrg

Exterior Features

  • Construction Methods: Frame, Masonry
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Attached, Detached
  • Garage Size: 2122

Utilities

  • Heating Cooling: Geothermal

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 1.39 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 19, 2020
Sold by
Hoeger James A and Hoeger Mary J
Bought by
Hulling David N and Hulling Jan R
Seller's Agent
Bill Grabe
Realty87
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Current Estimated Value
$409,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,418
Avg. Annual Appreciation
2.89%
Original Mortgage
$362,600
Outstanding Balance
$327,049
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$72,110
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
Hulling David N $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hulling David N $362,600
Previous Owner Hoeger James A $155,000
Previous Owner Hoeger James A $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $350,000 -2.5% $87 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $359,000 -5.3% $89 / Sq Ft
09/23/2020 09/23/20 For Sale $379,000 -- $94 / 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 $6,490 $326,000 $37,400 $288,600
2022 $5,668 $316,600 $37,400 $279,200
2021 $5,792 $282,600 $28,100 $254,500
2020 $5,792 $271,100 $19,800 $251,300
2019 $5,080 $271,100 $19,800 $251,300
2018 $5,250 $244,200 $19,800 $224,400
2017 $4,749 $255,600 $19,800 $235,800
2016 $4,749 $223,400 $15,900 $207,500
2015 $4,399 $206,779 $15,930 $190,849
2014 $4,214 $206,779 $15,930 $190,849
2013 $4,120 $206,779 $15,930 $190,849
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bill Grabe

    Realty87

    (319) 731-2000

    1 in this area

    105 Total Sales

    Bill Grabe
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Bill Grabe Sr.

    Realty87

    Section Image

  • D

    Buyer's Agent in 2020

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    2 in this area

    4,892 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006724

Cedar Rapids Area Association of REALTORS®

APN: 14353-01002-00000

Iowa Linn County Cedar Rapids 52403 Cedar Valley

2340 Thompson St SE, Cedar Rapids, IA

This home is located at 2340 Thompson St SE, Cedar Rapids, IA 52403 since 23 September 2020 and is currently estimated at $409,418, approximately $101 per square foot. This property was built in 1920. 2340 Thompson St SE is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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