400 1st St SE Unit 302 Cedar Rapids, IA 52401
Downtown Cedar Rapids Neighborhood
2
Beds
2
Baths
870
Sq Ft
$200/mo
HOA Fee
Highlights
- Waterfront
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
- 1 Car Detached Garage
- Patio
- 5-minute walk to Greene Square Park
About This Home
As of March 2025Calling all travel nurse investors, first time buyers or those looking to add to your rental portfolio! Welcome to this nicely upgraded third floor unit located in the middle of everything downtown Cedar Rapids! New carpet, beautiful kitchen with upgraded counters & appliances, two huge bedrooms with large closets, each offers their own private bath. Enjoy your own washer & dryer within this unit, amazing water view and a great walking location via the attached Skywalk to bars, restaurants & shopping. Covered parking is available for a $65 monthly fee within a variety of parking ramps. Monthly dues cover the fitness center, rooftop patio with grill, cable TV, wireless internet & security system. Insanely priced unit with a modern flare, surrounded by the character of yesteryear. Pets welcome!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,459
Year Built
- Built in 1990
HOA Fees
- $200 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Carport
- On-Street Parking
Home Design
- 870 Sq Ft Home
- Frame Construction
- Stucco
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Grant Wood Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
Additional Features
- Patio
- Waterfront
Community Details
- High-Rise Condominium
Listing and Financial Details
- Assessor Parcel Number 14281330501043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Mar 10, 2025
Sold by
Iowa Single Family Llc
Bought by
Condon Jordan K
Seller's Agent
Teri Graf
Teri Graf Real Estate Team
Buyer's Agent
Deanna Long
COLDWELL BANKER HEDGES
List Price
$95,000
Sold Price
$91,000
Premium/Discount to List
-$4,000
-4.21%
Total Days on Market
124
Views
180
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.33%
Original Mortgage
$5,480
Outstanding Balance
$5,480
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$89,532
Purchase Details
Listed on
Nov 7, 2016
Closed on
Mar 7, 2017
Sold by
Johnson Hollie
Bought by
Iowa Single Family Llc
Seller's Agent
Jerad Ruth
SKOGMAN REALTY
Buyer's Agent
Travis Armstrong
Keller Williams Legacy Group
List Price
$75,000
Sold Price
$67,000
Premium/Discount to List
-$8,000
-10.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Purchase Details
Listed on
Nov 15, 2012
Closed on
Dec 26, 2013
Sold by
Residential Property Solutions Llc
Bought by
Johnson Hollje
Seller's Agent
Arlene Heck
RE/MAX CONCEPTS
Buyer's Agent
Julie Dancer
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.36%
Original Mortgage
$55,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 15, 2008
Sold by
Opm Lc
Bought by
River Place I Inc
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $91,000 | None Listed On Document | |
| Warranty Deed | $91,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Corporate Deed | $38,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,480 | New Conventional | |
| Closed | $5,480 | New Conventional | |
| Open | $72,800 | New Conventional | |
| Closed | $72,800 | New Conventional | |
| Previous Owner | $53,600 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $55,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $91,000 | -4.2% | $105 / Sq Ft |
| 01/26/2025 01/26/25 | Pending | -- | -- | -- |
| 12/16/2024 12/16/24 | For Sale | $95,000 | +4.4% | $109 / Sq Ft |
| 12/15/2024 12/15/24 | Off Market | $91,000 | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $95,000 | +41.8% | $109 / Sq Ft |
| 03/10/2017 03/10/17 | Sold | $67,000 | -10.7% | $77 / Sq Ft |
| 03/10/2017 03/10/17 | Pending | -- | -- | -- |
| 11/07/2016 11/07/16 | For Sale | $75,000 | +7.1% | $86 / Sq Ft |
| 12/31/2013 12/31/13 | Sold | $70,000 | -6.7% | $80 / Sq Ft |
| 11/12/2013 11/12/13 | Pending | -- | -- | -- |
| 11/15/2012 11/15/12 | For Sale | $75,000 | -- | $86 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
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 | $1,176 | $62,500 | $0 | $62,500 |
| 2016 | $1,263 | $59,400 | $0 | $59,400 |
| 2015 | $1,265 | $59,432 | $0 | $59,432 |
| 2014 | $1,080 | $59,432 | $0 | $59,432 |
| 2013 | -- | $59,432 | $0 | $59,432 |
Source: Public Records
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2406724
APN: 14281-33005-01043
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