NOT LISTED FOR SALE

320 40th St NE Cedar Rapids, IA 52402

Kenwood Park Neighborhood

Estimated Value: $164,000 - $193,000

3 Beds
1.5 Baths
1,040 Sq Ft
$173/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $150,000 $144 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,234/month

6 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Patio
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of November 2020

MOVE RIGHT IN! This 3 bedroom, 1.5 bath ranch has been well taken care of. It had a large remodel done in 2015 where new vinyl windows were installed, ceramic tile in kitchen, new maple cabinetry, newer black appliances, new high vanity in bathroom with granite counter top, and grey tiled shower. All 3 bedrooms have hardwood floors and newer carpet in family room. The new buyer will love the updated kitchen and all of the cabinetry and space for cooking and dining. The roof only has one layer and is only 7 years old. Heating and A/C only 1 year old! There is room for a 4th bedroom in basement and large area that could be finished off to be a rec room. The 2 car garage has a nice breezeway which makes for a great drop stop before entering the home. Work at Rockwell? Well, you can now walk to work if you wanted to and maybe a 2 minute drive to Lindale Mall. This will not last long! Professional Photos available tomorrow.

Last Agent to Sell the Property

Brook Adkins

Realty87 Listed on: 09/04/2020

Realty87

Last Buyer's Agent

Cassidy Farnsworth

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • 1958

Lot Details

  • 6,534

Home Design

  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • 1,040 Sq Ft Home
  • Family Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

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

Additional Features

  • Patio
  • 6,534 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

1958

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1500
  • Above Grade Finished Sq Ft: 1040
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 2795
  • List User Cell Phone: 319-651-5702
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2606
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01010
  • Ratio Close Price By Original Li: 1.01010
  • Ratio Current Price By Sq Ft: 144.23
  • Total Sq Ft: 1040
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Appliances Included: Dishwasher, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Family
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Off Street Parking

Utilities

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

Schools

  • Elementary School: Kenwood
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: irregular

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 4, 2020
Sold by
Hollingshead Derek J
Bought by
Grandon Rebecca S
Seller's Agent
Brook Adkins
Realty87
Buyer's Agent
Cassidy Farnsworth
Realty87
List Price
$148,500
Sold Price
$150,000
Premium/Discount to List
$1,500
1.01%
Current Estimated Value
$179,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,658
Avg. Annual Appreciation
3.93%
Original Mortgage
$142,500
Outstanding Balance
$128,453
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$51,205

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jul 13, 2015
Sold by
Axvig Ii Llc
Bought by
Hollingshead Derek J
Seller's Agent
Christina Axvig
Realty87
Buyer's Agent
Mitch Weideman
SKOGMAN REALTY
List Price
$139,900
Sold Price
$126,000
Premium/Discount to List
-$13,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$123,717
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 8, 2014
Closed on
Feb 10, 2015
Sold by
Coonrod Jan E and Shimek James T
Bought by
Axvig Ii Llc
Seller's Agent
Kathy Louvar
RUHL & RUHL REALTORS®
Buyer's Agent
Christina Axvig
Realty87
List Price
$112,500
Sold Price
$92,000
Premium/Discount to List
-$20,500
-18.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.79%
Original Mortgage
$172,000
Interest Rate
3.66%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Grandon Rebecca S $150,000 None Available
Hollingshead Derek J $126,000 None Available
Axvig Ii Llc $88,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grandon Rebecca S $142,500
Closed Hollingshead Derek J $20,000
Previous Owner Hollingshead Derek $117,000
Previous Owner Hollingshead Derek J $123,717
Previous Owner Axvig Ii Llc $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $150,000 +1.0% $144 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $148,500 0.0% $143 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $148,500 +17.9% $143 / Sq Ft
07/16/2015 07/16/15 Sold $126,000 -9.9% $121 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $139,900 +52.1% $135 / Sq Ft
02/27/2015 02/27/15 Sold $92,000 -18.2% $88 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
10/08/2014 10/08/14 For Sale $112,500 -- $108 / 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 $2,902 $160,000 $28,400 $131,600
2022 $2,594 $146,500 $25,900 $120,600
2021 $2,680 $134,200 $22,200 $112,000
2020 $2,680 $130,100 $22,200 $107,900
2019 $2,462 $127,000 $23,400 $103,600
2018 $2,388 $122,700 $23,400 $99,300
2017 $2,388 $129,500 $23,400 $106,100
2016 $2,498 $117,500 $23,400 $94,100
2015 $2,457 $115,522 $29,602 $85,920
2014 $2,272 $118,207 $29,602 $88,605
2013 $2,276 $118,207 $29,602 $88,605
Source: Public Records

Agents Affiliated with this Home

  • Brook Adkins

    Seller's Agent in 2020

    Brook Adkins

    Realty87

    (319) 651-5702

    2 in this area

    162 Total Sales

    Brook Adkins
    Section Image

  • C

    Buyer's Agent in 2020

    Cassidy Farnsworth

    Realty87

  • Christina Axvig

    Seller's Agent in 2015

    Christina Axvig

    Realty87

    (319) 721-8351

    7 in this area

    146 Total Sales

    Christina Axvig
    Section Image

  • K

    Seller's Agent in 2015

    Kathy Louvar

    Ruhl & Ruhl

  • M

    Buyer's Agent in 2015

    Mitch Weideman

    SKOGMAN REALTY

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006346

Cedar Rapids Area Association of REALTORS®

APN: 14112-27015-00000

Iowa Linn County Cedar Rapids 52402 Kenwood Park

320 40th St NE, Cedar Rapids, IA

This home is located at 320 40th St NE, Cedar Rapids, IA 52402 since 04 September 2020 and is currently estimated at $179,658, approximately $172 per square foot. This property was built in 1958. 320 40th St NE is a home located in Linn County with nearby schools including Kenwood Leadership Academy, Franklin Middle School, 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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