$161,800
SOLD OCT 19, 2012

320 40th Street Dr SE Cedar Rapids, IA 52403

3 Beds
3 Baths
2,380 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

3% Below List Price

90 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Den
  • Recreation Room
  • Ranch Style House
  • Formal Dining Room

About This Home

As of August 2022

Terrific neighborhood with heated pool & lifeguards, easy access to shopping, entertainment. This unique home features a peaceful park across the street! Formal living and dining areas are perfect for entertaining, spotless kitchen will delight the chef in the family and there's room to gather in the sunny breakfast nook with adjoining hearth room featuring gas fireplace. Master bedroom has adjoining full bath, 2 more spacious bedrooms and a newly updated hall bath complete this level. Downstairs, you'll find an amazing family room with gas fireplace and built-ins, currently being used as a spectacular master suite with whirlpool tub and enormous walk-in closet. Add'l features: den, office space with double doors, exercise, laundry and storage rooms, newer roof, furnace and ac, great landscaping and flower gardens, fenced yard, deck with gated steps, steel siding, fresh paint, meticulously maintained, 1 yr. home warranty!

Last Agent to Sell the Property

Margaret Jenkins

SKOGMAN REALTY Listed on: 06/22/2012

SKOGMAN REALTY

Last Buyer's Agent

Margaret Jenkins

SKOGMAN REALTY Listed on: 06/22/2012

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,888

Year Built

  • 1978

Lot Details

  • Fenced
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,888

Year Built

1978

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1380
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 2888
  • List User Cell Phone: 319-389-0723
  • Low Lvl Fin Sq Ft: 1000
  • Miscellaneous: Cable Ready, Deck, Fencing, Home Warranty, Patio
  • Net Tax: 2750
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98359
  • Ratio Close Price By Original Li: 0.96597
  • Ratio Current Price By Sq Ft: 117.25
  • Total Sq Ft: 2380
  • Tax Roll Number: 141115200200000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener – Lease
  • Additional Room: Den/Study, Living Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

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

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 484

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
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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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 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
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1204684

Cedar Rapids Area Association of REALTORS®

APN: 14111-52003-00000