$203,700
SOLD AUG 10, 2022

320 40th Street Dr SE Cedar Rapids, IA 52403

3 Beds
2.5 Baths
2,380 Sq Ft
10,411 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

3% Below List Price

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

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
$243,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,824
Avg. Annual Appreciation
6.44%
Original Mortgage
$193,515
Outstanding Balance
$186,484
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$57,040

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

Similar Homes in the area

  • 327 Hampden Dr NE, Cedar Rapids, IA 52402

    $234,900

    • 4 Beds
    • 2 Baths
    • 1,433 Sq Ft
    • 327 Hampden Dr NE
    • Cedar Rapids, IA

    Retro!! One owner meticulously taken care of adorable home with 3 Bed/1Bath Main, oak flooring (always covered with carpet just removed carpet!), one additional non-conforming bed LL with retro electric fireplace (that works!!), toilet/shower/sink, and great rec room!! Maintenance free exterior, 4 yr old roof (one layer), High efficiency furnace (programmable thermostat). Central Air/Humidifier

    Cat Brown Move In-Out Real Estate

    Section Image
  • 1813 3rd Ave SE, Cedar Rapids, IA 52403

    $189,900

    • 3 Beds
    • 2 Baths
    • 1,613 Sq Ft
    • 1813 3rd Ave SE
    • Cedar Rapids, IA

    Historic Charm Meets Modern Comfort in This Move-In Ready 2-Story Gem! Nestled in the heart of the 2nd & 3rd Avenue Local Historic District, this beautifully maintained and thoughtfully updated two-story home offers the perfect blend of character and convenience. Step inside to discover three spacious bedroom each with generous storage and two full bathrooms, one on the 2nd floor and the other in

    Jim Zachar COLDWELL BANKER HEDGES

    Section Image
  • 2011 Washington Ave SE, Cedar Rapids, IA 52403

    $165,900

    • 3 Beds
    • 2 Baths
    • 1,402 Sq Ft
    • 2011 Washington Ave SE
    • Cedar Rapids, IA

    Step into this 1923 two story beauty and be welcomed by gorgeous hardwood floors, arched doorways, bold trim, and crown molding that bring out its timeless character. The newly updated bathroom and front door add a fresh touch while keeping the home’s original charm intact.The formal dining room is perfect for hosting family dinners and holiday gatherings, with plenty of space for everyone.

    Z Maryland Pinnacle Realty LLC

    Section Image
  • 970 Dry Run Creek Ct, Hiawatha, IA 52233

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,433 Sq Ft
    • 970 Dry Run Creek Ct
    • Hiawatha, IA

    Immaculate and move-in ready! This charming zero-lot split foyer has been lovingly maintained, completely updated and is filled with natural light. The main level features a clean and functional eat-in kitchen with roomy pantry. Vaulted ceilings, cozy gas fireplace. There are three bedrooms, including one in the lower level that could also make a great family room, home office, or guest space.

    Chris Boddicker Urban Acres Real Estate Corridor

    Section Image
  • 1238 Ellis Blvd NW, Cedar Rapids, IA 52405

    $165,000

    • 4 Beds
    • 2 Baths
    • 1,798 Sq Ft
    • 1238 Ellis Blvd NW
    • Cedar Rapids, IA

    This charming two-story home boasts a fantastic location and has many recent updates. With ample space for entertaining, you can enjoy your gatherings in the spacious main floor living room and the back entertainment room. The home features two bedrooms on the main floor and two additional bedrooms on the upper floor. There is a full bathroom on each level for added convenience. Recent upgrades

    Matthew Lepic Lepic-Kroeger, REALTORS

    Section Image
  • 3709 Spruce Wood Dr NE, Cedar Rapids, IA 52402

    $209,900

    • 3 Beds
    • 2 Baths
    • 1,630 Sq Ft
    • 3709 Spruce Wood Dr NE
    • Cedar Rapids, IA

    Location, location!! This 1630sf split foyer home is 3 minutes to I-380, walkable to Edgewood Rd shopping and all the convenience! 3 bedrooms up w/ a possible 4th or office down, plus an open dining/family room upstairs and a full family/rec room down. Laundry and 3/4 bath located down. A deck for entertaining is right off the dining room and overlooks a partially fenced back yard.

    Tamara Stark Iowa Land Management & Real Estate

    Section Image
  • 908 18th St SW, Cedar Rapids, IA 52404

    $215,000

    • 4 Beds
    • 2 Baths
    • 1,815 Sq Ft
    • 908 18th St SW
    • Cedar Rapids, IA

    Welcome to 908 18th St SW, where classic charm meets modern comfort in one of Cedar Rapids’ most convenient neighborhoods. This 4-bedroom, 2-bathroom home features a bright layout and a kitchen designed to inspire — with sleek countertops, stainless appliances, and smart storage. The main floor offers two spacious bedrooms and a welcoming living room perfect for relaxing or entertaining, while

    Jerome Edwards Pinnacle Realty LLC

    Section Image
  • 48 Clive Dr NW, Cedar Rapids, IA 52405

    $244,900

    • 3 Beds
    • 2 Baths
    • 1,532 Sq Ft
    • 48 Clive Dr NW
    • Cedar Rapids, IA

    Super Nice!! Clean updated – remodeled to open design Kitchen/Dining/Living!1 3 bed/2 bath/2 car garage/oversized driveway with Basketball hoop to play-- brand NEW kitchen with granite counter tops and eating bar, dining area, living area, inviting/cozy family room with wood burning fireplace, main level opens to maintenance free deck for fenced backyard enjoyment, located in quiet established

    Cat Brown Move In-Out Real Estate

    Section Image
  • 431 37th St NE, Cedar Rapids, IA 52402

    $180,000

    • 2 Beds
    • 2 Baths
    • 1,157 Sq Ft
    • 431 37th St NE
    • Cedar Rapids, IA

    Charming brick home just one block from Kenwood School! This 2-bedroom, 2-bath property features beautiful hardsurface floors throughout and two cozy fireplaces—perfect for relaxing evenings. The spacious basement includes a versatile bonus room, ideal for a home office, gym, or extra living space. Enjoy the fully fenced yard, great for pets or outdoor entertaining. Don't miss this

    Kelley Reierson Keller Williams Legacy Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $204,000 River Ridge Escrow
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,515 New Conventional
Previous Owner $34,411 New Conventional
Previous Owner $100,000 Credit Line Revolving
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
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2205319

Cedar Rapids Area Association of REALTORS®

APN: 14111-52003-00000