NOT LISTED FOR SALE

400 1st St SE Unit 201 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $91,000 - $99,158

2 Beds
2 Baths
870 Sq Ft
$150/mo HOA Fee

Last Sold May 17, 2019

Last sale price $66,500 $76 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $782/month

304 Days on Market

Highlights

  • Fitness Center
  • Ranch Style House
  • Home Security System
  • Gated Community
  • Living Room
  • 5-minute walk to Greene Square Park

About This Home

As of May 2019

AGENTS, SEE AGENT REMARKS. Riverview Condominiums . . . a unique opportunity to own part of the Cedar Rapids skyline! This nice 2 bedroom condo features an open floor plan, complete with large living room, separate dining area, larger bedrooms, master bath . . . and you'll definitely enjoy an amazing view of the cityscape! Association fees include fitness center, roof top patio, security system, TV, wireless internet! Building is attached to the Skywalk which provides easy access to downtown businesses, restaurants and shopping. Reserved parking in adjacent ramp to skywalk available through the city for an additional monthly charge. Common laundry facilities available. Pet friendly and may be rented. Current tenant lease expires 4-30-19.

Last Agent to Sell the Property

Arlene Heck

RE/MAX CONCEPTS Listed on: 03/01/2018

RE/MAX CONCEPTS

Last Buyer's Agent

Brad Oppedahl

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,362

Year Built

  • 1990

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 870 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Cable TV Available

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,362

Year Built

1990

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Loft/High-Rise, Ranch
  • Above Grade Finished Sq Ft: 870
  • Association Fee Frequency: Month
  • Association Management: By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1362
  • List User Cell Phone: 319-389-5544
  • Miscellaneous: Cable Ready, Elevator, Security System
  • Net Tax: 1362
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97794
  • Ratio Close Price By Original Li: 0.97794
  • Ratio Current Price By Sq Ft: 76.44
  • Total Sq Ft: 870
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Appliances Included: Dishwasher, Disposal, Hood Fan, Microwave, Range, Refrigerator
  • Additional Room: Living Room
  • Full Bathrooms: 2
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame

Utilities

  • Heating Cooling: Hot Water Heat, Window/Wall Air

Condo/Co-op/Association

  • Association Amenities: Common Laundry, Elevator, Exercise Room, Secure Storage Area, Secured Entrance
  • Association Fee: 150
  • Association: Yes

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 15, 2019
Sold by
Residential Property Solutions Llc
Bought by
Umscheid Catherine E
Seller's Agent
Arlene Heck
RE/MAX CONCEPTS
Buyer's Agent
Brad Oppedahl
SKOGMAN REALTY
List Price
$68,000
Sold Price
$66,500
Premium/Discount to List
-$1,500
-2.21%
Total Days on Market
304
Current Estimated Value
$95,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,040
Avg. Annual Appreciation
5.57%
Original Mortgage
$13,300
Outstanding Balance
$6,435
Interest Rate
4.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$86,086

Purchase Details

Closed on
Dec 15, 2008
Sold by
Opm Lc
Bought by
River Place I Inc
Source: Public Records

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Range of Values:

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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
Umscheid Catherine E $66,500 None Available
River Place I Inc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umscheid Catherine E $13,300
Open Umscheid Catherine E $53,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $66,500 -2.2% $76 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $68,000 -- $78 / 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 $1,498 $82,500 $0 $82,500
2022 $1,408 $71,000 $0 $71,000
2021 $1,490 $68,000 $0 $68,000
2020 $1,490 $67,500 $0 $67,500
2019 $1,410 $65,400 $0 $65,400
2018 $1,312 $65,400 $0 $65,400
2017 $1,312 $62,500 $0 $62,500
2016 $1,262 $59,400 $0 $59,400
2015 $1,264 $59,432 $0 $59,432
2014 $1,264 $59,432 $0 $59,432
2013 $1,238 $59,432 $0 $59,432
Source: Public Records

Agents Affiliated with this Home

  • Arlene Heck

    Seller's Agent in 2019

    Arlene Heck

    RE/MAX

    (319) 389-5544

    6 in this area

    103 Total Sales

    Arlene Heck
    Section Image
  • Brad Oppedahl

    Buyer's Agent in 2019

    Brad Oppedahl

    SKOGMAN REALTY

    (319) 360-2181

    96 Total Sales

    Brad Oppedahl
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1801336

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01032

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 201, Cedar Rapids, IA

This home is located at 400 1st St SE Unit 201, Cedar Rapids, IA 52401 since 01 March 2018 and is currently estimated at $95,540, approximately $109 per square foot. This property was built in 1990. 400 1st St SE Unit 201 is a home located in Linn County with nearby schools including Grant Wood 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.

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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