NOT LISTED FOR SALE

400 1st St SE Unit 300 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $65,000 - $107,000

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

Last Sold December 27, 2022

Last sale price $95,000 $146 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $742/month

209 Days on Market

Highlights

  • Fitness Center
  • Ranch Style House
  • Breakfast Bar
  • Gated Community
  • Main Floor Primary Bedroom
  • 5-minute walk to Greene Square Park

About This Home

As of December 2022

Step inside your freshly updated home or investment property. Conveniently located near restaurants, shopping and spectacular river views. Come enjoy your new lifestyle

Last Agent to Sell the Property

Jeremiah Harris

Pinnacle Realty LLC Listed on: 05/03/2022

Pinnacle Realty LLC

Last Buyer's Agent

Z Maryland

Pinnacle Realty LLC

Pinnacle Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,270

Year Built

  • 1990

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • 649 Sq Ft Home
  • Ranch Style House

Kitchen

  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,270

Year Built

1990

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 649
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar
  • Gross Tax: 1270
  • List User Cell Phone: 319-551-8056
  • Miscellaneous: Elevator
  • Net Tax: 1270
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.86442
  • Ratio Close Price By Original Li: 0.79167
  • Ratio Current Price By Sq Ft: 146.38
  • Total Sq Ft: 649
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Appliances Included: Range, Refrigerator
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Utilities

  • Heating Cooling: Window/Wall Air

Condo/Co-op/Association

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

Lot Info

  • Lot Size: common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Dec 27, 2022
Sold by
Legaspi Carlos and Legaspi Carmen
Bought by
Albus Jim and Albus Gretchen Callaway
Seller's Agent
Jeremiah Harris
Pinnacle Realty LLC
Buyer's Agent
Z Maryland
Pinnacle Realty LLC
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Views
21
Current Estimated Value
$91,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,061
Avg. Annual Appreciation
-1.10%
Original Mortgage
$76,000
Outstanding Balance
$73,520
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$18,419

Purchase Details

Closed on
Oct 12, 2016
Sold by
Marck Eric P and Marck Karla A
Bought by
Legaspi Carmen and Legaspi Carlos

Purchase Details

Closed on
May 18, 2011
Sold by
River Place 1 Inc
Bought by
Mclaughlin Blaine and Mclaughlin Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2009
Sold by
River Place I Inc
Bought by
Residential Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,286
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2008
Sold by
Equity Trust Co
Bought by
Marck Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2008
Sold by
Opm Lc
Bought by
River Place I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.51%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Albus Jim $95,000 --
Legaspi Carmen -- --
Mclaughlin Blaine $98,500 None Available
Residential Property Solutions Llc $803,500 None Available
Marck Construction Inc $79,500 None Available
Equity Trust Co $66,000 None Available
River Place I Inc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albus Jim $76,000
Previous Owner Mclaughlin Blaine $88,000
Previous Owner Residential Property Solutions Llc $719,286
Previous Owner Marck Construction Inc $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2022 12/27/22 Sold $95,000 -13.6% $146 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $109,900 -5.7% $169 / Sq Ft
09/08/2022 09/08/22 Price Changed $116,500 -2.9% $180 / Sq Ft
05/03/2022 05/03/22 For Sale $120,000 -- $185 / 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 $1,308 $63,500 -- $63,500
2024 $1,264 $73,900 -- $73,900
2023 $1,264 $73,900 $0 $73,900
2022 $1,190 $59,900 $0 $59,900
2021 $1,258 $57,400 $0 $57,400
2020 $1,258 $57,000 $0 $57,000
2019 $1,190 $55,200 $0 $55,200
2018 $1,106 $55,200 $0 $55,200
2017 $1,148 $52,700 $0 $52,700
2016 $1,064 $50,100 $0 $50,100
2015 $1,066 $50,132 $0 $50,132
2014 $1,058 $50,132 $0 $50,132
2013 $1,044 $50,132 $0 $50,132
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeremiah Harris

    Pinnacle Realty LLC

    (319) 551-8056

    1 in this area

    17 Total Sales

    Jeremiah Harris
    Section Image
  • Z Maryland

    Buyer's Agent in 2022

    Z Maryland

    Pinnacle Realty LLC

    (319) 431-0382

    1 in this area

    99 Total Sales

    Z Maryland
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2203950

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01041

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 300, Cedar Rapids, IA

Not Listed for Sale

Condos

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