NOT LISTED FOR SALE

320 40th Street Dr SE Cedar Rapids, IA 52403

Estimated Value: $233,000 - $259,748

3 Beds
2.5 Baths
2,380 Sq Ft
$104/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $203,700 $86 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,587/month

12 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • Recreation Room
  • Community Pool
  • Forced Air Cooling System

About This Home

As of August 2022

Country feel in the city with a beautiful view of Indian Creek right outside your front door! Awesome neighborhood with a private pool and lifeguards on duty. Convenient access to shopping and entertainment. Plenty of space in this home, with 2 living spaces with fireplaces and 2 non-conforming basement rooms. New flooring in upstairs living and kitchen space. New roof in 2021, and a tankless electric water heater! Bedrooms will be getting new paint and carpet, main floor bathrooms will be painted with new flooring, and the basement rec room will also have new flooring. Fascia, soffits, and gutters will be replaced prior to closing.

Last Agent to Sell the Property

Ali Fortin

Pinnacle Realty LLC Listed on: 06/17/2022

Pinnacle Realty LLC

Last Buyer's Agent

Ollie Dent

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,002

Year Built

  • 1978

Lot Details

  • 10,411

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Electric Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Utilities

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

Additional Features

  • Deck
  • 10,411 Sq Ft Lot

Community Details

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,002

Year Built

1978

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2390
  • Above Grade Finished Sq Ft: 1380
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 4002
  • List User Cell Phone: 319-601-9868
  • Low Lvl Fin Sq Ft: 1000
  • Miscellaneous: Deck
  • Net Tax: 4002
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97000
  • Ratio Close Price By Original Li: 0.97000
  • Ratio Current Price By Sq Ft: 147.61
  • Total Sq Ft: 2380
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Non Egress-Ll Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Electric, Family Room, Living Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Steel

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, On Street Parking
  • Garage Size: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Pool

Schools

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

Lot Info

  • Lot Size: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 4, 2022
Sold by
Reid Ryan M and Reid Abby L
Bought by
Hayes Nicholas
Seller's Agent
Ali Fortin
Pinnacle Realty LLC
Buyer's Agent
Ollie Dent
RUHL & RUHL REALTORS®
List Price
$210,000
Sold Price
$203,700
Premium/Discount to List
-$6,300
-3%
Current Estimated Value
$247,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,237
Avg. Annual Appreciation
6.48%
Original Mortgage
$193,515
Outstanding Balance
$185,286
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$62,651

Purchase Details

Closed on
Sep 5, 2018
Sold by
Hubbard Max A and Reid Abby L
Bought by
Reid Ryan M and Reid Abby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,411
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hayes Nicholas $204,000 River Ridge Escrow
Reid Ryan M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Nicholas $193,515
Previous Owner Reid Ryan M $34,411
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $203,700 -3.0% $86 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $210,000 +29.8% $88 / Sq Ft
10/19/2012 10/19/12 Sold $161,800 -3.4% $68 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $167,500 -- $70 / 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 $3,266 $260,700 $23,500 $237,200
2024 $4,034 $203,600 $23,500 $180,100
2023 $4,034 $203,600 $23,500 $180,100
2022 $3,896 $197,500 $23,500 $174,000
2021 $3,908 $197,500 $23,500 $174,000
2020 $3,908 $185,100 $23,500 $161,600
2019 $3,862 $184,900 $30,000 $154,900
2018 $3,768 $184,900 $30,000 $154,900
2017 $3,768 $171,200 $29,800 $141,400
2016 $3,504 $171,200 $29,800 $141,400
2015 $3,491 $171,200 $29,800 $141,400
2014 $1,657 $171,200 $29,800 $141,400
2013 $3,374 $171,200 $29,800 $141,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ali Fortin

    Pinnacle Realty LLC

    (319) 601-9868

    19 in this area

    91 Total Sales

    Ali Fortin
    Section Image
  • Ollie Dent

    Buyer's Agent in 2022

    Ollie Dent

    Ruhl & Ruhl

    (319) 329-4050

    13 in this area

    86 Total Sales

    Ollie Dent
    Section Image
  • Margaret Jenkins

    Seller's Agent in 2012

    Margaret Jenkins

    SKOGMAN REALTY

    (319) 389-0723

    8 in this area

    53 Total Sales

    Margaret Jenkins
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2205319

Cedar Rapids Area Association of REALTORS®

APN: 14111-52003-00000

Iowa Linn County Cedar Rapids 52403

320 40th Street Dr SE, Cedar Rapids, IA

This home is located at 320 40th Street Dr SE, Cedar Rapids, IA 52403 since 17 June 2022 and is currently estimated at $247,937, approximately $104 per square foot. This property was built in 1978. 320 40th Street Dr SE 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.
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