NOT LISTED FOR SALE

400 1st St SE Unit 207 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $62,000 - $64,407

1 Bed
1 Bath
629 Sq Ft
$150/mo HOA Fee

Last Sold December 15, 2023

Last sale price $58,000 $92 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $582/month

147 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Combination Kitchen and Dining Room
  • Waterfront
  • Living Room
  • 5-minute walk to Greene Square Park

About This Home

As of December 2023

This home is located at 400 1st St SE Unit 207, Cedar Rapids, IA 52401 since 21 July 2023 and is currently estimated at $63,136, approximately $100 per square foot. This property was built in 1990. 400 1st St SE Unit 207 is a home located in Linn County with nearby schools including Grant Wood Elementary School, Summit Elementary School, and McKinley STEAM Academy.

Last Agent to Sell the Property

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 07/21/2023

Last Buyer's Agent

Shannon Banks

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,164

Year Built

  • 1990

Lot Details

  • Waterfront

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 629 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Gas Water Heater

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,164

Year Built

1990

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 629
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1164
  • Miscellaneous: Elevator
  • Net Tax: 1164
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96828
  • Ratio Close Price By Original Li: 0.93548
  • Ratio Current Price By Sq Ft: 92.21
  • Total Sq Ft: 629
  • Taxable Value Tv: 30421.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 3
  • Site Description: Water Front

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stucco

Garage/Parking

  • Garage/Parking: Carport, Off Street Parking

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Dec 13, 2023
Sold by
Heartland Inv Partners Llc
Bought by
D4 Property Investments Llc
Seller's Agent
Darin Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
Buyer's Agent
Shannon Banks
SKOGMAN REALTY
List Price
$62,000
Sold Price
$58,000
Premium/Discount to List
-$4,000
-6.45%
Views
192
Current Estimated Value
$63,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,136
Avg. Annual Appreciation
4.38%
Original Mortgage
$48,750
Outstanding Balance
$46,839
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$16,297
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
D4 Property Investments Llc $58,000 River Ridge Escrow
D4 Property Investments Llc $58,000 River Ridge Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D4 Property Investments Llc $48,750
Closed D4 Property Investments Llc $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $58,000 -3.2% $92 / Sq Ft
09/19/2023 09/19/23 Price Changed $59,900 -3.4% $95 / Sq Ft
07/21/2023 07/21/23 For Sale $62,000 -- $99 / 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 $1,200 $58,200 -- $58,200
2024 $1,236 $67,800 -- $67,800
2023 $1,236 $67,800 $0 $67,800
2022 $1,164 $58,600 $0 $58,600
2021 $1,232 $56,200 $0 $56,200
2020 $1,232 $55,800 $0 $55,800
2019 $1,164 $54,000 $0 $54,000
2018 $1,084 $54,000 $0 $54,000
2017 $1,044 $51,600 $0 $51,600
2016 $1,044 $49,100 $0 $49,100
2015 $1,044 $49,072 $0 $49,072
2014 $1,075 $49,072 $0 $49,072
2013 $1,022 $49,072 $0 $49,072
Source: Public Records

Agents Affiliated with this Home

  • Darin Garman

    Seller's Agent in 2023

    Darin Garman

    HEARTLAND INVESTMENT REAL ESTATE, LLC

    (319) 540-9070

    10 in this area

    27 Total Sales

    Darin Garman
    Section Image

  • S

    Buyer's Agent in 2023

    Shannon Banks

    SKOGMAN REALTY

    (319) 491-4411

    3 in this area

    25 Total Sales

    Shannon Banks
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2304866

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01038

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 207, Cedar Rapids, IA

Not Listed for Sale

Condos

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