NOT LISTED FOR SALE

400 1st St SE Unit 302 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $91,000 - $100,866

2 Beds
2 Baths
870 Sq Ft
$200/mo HOA Fee

Last Sold March 14, 2025

Last sale price $91,000 $105 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $852/month

124 Days on Market

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 2025

Calling 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!

Last Agent to Sell the Property

Teri Graf

Teri Graf Real Estate Team Listed on: 09/24/2024

Co-Listed By

Rhonda Kibsgaard

Teri Graf Real Estate Team

Last Buyer's Agent

Deanna Long

COLDWELL BANKER HEDGES

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 1990

Lot Details

  • 2.62

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,459

Year Built

Built in 1990

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Association Fee Frequency: Monthly
  • Property Type: Residential
  • Property Sub-Type: Condominium
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Co List Office Mls Id: CTGRE
  • Co List Office Phone: 319-981-1748
  • Co List Office Phone: 319-981-1748
  • MLS Status: Closed
  • Directions: exit 20A, left on 4th Street, right on Tom Aller Way. If you cannot park there, go straight, park there, and walk over. Keys for main door and 302 in lock box
  • Above Grade Finished Sq Ft: 870.0
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 1990
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Carport, Detached, Garage, On Street, See Remarks

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Green Building Features: Elevator(s)
  • Cooling: See Remarks, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: See Remarks, Hot Water
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association: Yes

Schools

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

Lot Info

  • Lot Dimensions: common
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14281330501043
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1459.0

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%
Views
180
Current Estimated Value
$94,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,717
Avg. Annual Appreciation
13.93%
Original Mortgage
$5,480
Outstanding Balance
$5,480
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$88,781

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
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
Condon Jordan K $91,000 None Listed On Document
Condon Jordan K $91,000 None Listed On Document
Iowa Single Family Llc -- None Available
Johnson Hollje -- None Available
River Place I Inc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Condon Jordan K $5,480
Closed Condon Jordan K $5,480
Open Condon Jordan K $72,800
Closed Condon Jordan K $72,800
Previous Owner Iowa Single Family Llc $53,600
Previous Owner Johnson Hollje $55,000
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 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 $1,176 $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

Agents Affiliated with this Home

  • Teri Graf

    Seller's Agent in 2025

    Teri Graf

    Teri Graf Real Estate Team

    (319) 981-1748

    2 in this area

    26 Total Sales

    Teri Graf
    Section Image

  • R

    Seller Co-Listing Agent in 2025

    Rhonda Kibsgaard

    Teri Graf Real Estate Team

    (319) 521-5132

    2 in this area

    6 Total Sales

    Rhonda Kibsgaard
    Section Image
  • Deanna Long

    Buyer's Agent in 2025

    Deanna Long

    COLDWELL BANKER HEDGES

    (319) 329-8719

    1 in this area

    110 Total Sales

    Deanna Long
    Section Image
  • Jerad Ruth

    Seller's Agent in 2017

    Jerad Ruth

    SKOGMAN REALTY

    (319) 538-6063

    197 Total Sales

    Jerad Ruth
    Section Image

  • T

    Buyer's Agent in 2017

    Travis Armstrong

    Keller Williams Legacy Group

  • Arlene Heck

    Seller's Agent in 2013

    Arlene Heck

    RE/MAX

    (319) 389-5544

    6 in this area

    103 Total Sales

    Arlene Heck
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2406724

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01043

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 302, Cedar Rapids, IA

This home is located at 400 1st St SE Unit 302, Cedar Rapids, IA 52401 since 24 September 2024 and is currently estimated at $94,717, approximately $108 per square foot. This property was built in 1990. 400 1st St SE Unit 302 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.

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