NOT LISTED FOR SALE

400 1st St SE Unit 401 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $95,000 - $111,768

2 Beds
2 Baths
870 Sq Ft
1990 Built

Last Sold June 28, 2017

Last sale price $66,000 $76 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $683/month

2 Days on Market

Highlights

  • Fitness Center
  • Elevator
  • Home Security System
  • Main Floor Primary Bedroom
  • Living Room
  • 5-minute walk to Greene Square Park

About This Home

As of June 2017

This home is located at 400 1st St SE Unit 401, Cedar Rapids, IA 52401 since 31 May 2017 and is currently estimated at $102,192, approximately $117 per square foot. This property was built in 1990. 400 1st St SE Unit 401 is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Arlene Heck

RE/MAX CONCEPTS Listed on: 05/31/2017

RE/MAX CONCEPTS

Last Buyer's Agent

Arlene Heck

RE/MAX CONCEPTS Listed on: 05/31/2017

RE/MAX CONCEPTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,262

Year Built

  • 1990

Home Design

  • Frame Construction

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

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

Community Details

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,262

Year Built

1990

Lot Details

0

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 870
  • 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 3rd Floor +
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1262
  • List User Cell Phone: 319-389-5544
  • Miscellaneous: Cable Ready, Satellite Dish, Security System
  • Net Tax: 1262
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96350
  • Ratio Close Price By Original Li: 0.96350
  • Ratio Current Price By Sq Ft: 75.86
  • 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, 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

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2020
Sold by
Becker Andrew J
Bought by
Demeulenaere Mark and Demeulenaere Amy S
Current Estimated Value
$102,192

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
Outstanding Balance
$62,899
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$39,117

Purchase Details

Listed on
May 31, 2017
Closed on
Jun 6, 2017
Sold by
Residential Property Solutions Llc
Bought by
Becker Andrew J
Seller's Agent
Arlene Heck
RE/MAX CONCEPTS
Buyer's Agent
Arlene Heck
RE/MAX CONCEPTS
List Price
$68,500
Sold Price
$66,000
Premium/Discount to List
-$2,500
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$52,800
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

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

Range of Values:

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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
Demeulenaere Mark $143,200 Oshea Scott M
Becker Andrew J $66,000 None Available
River Place I Inc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demeulenaere Mark $72,000
Previous Owner Becker Andrew J $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $66,000 -3.6% $76 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $68,500 -- $79 / 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 $1,414 $88,200 $0 $88,200
2022 $1,320 $75,900 $0 $75,900
2021 $1,300 $72,700 $0 $72,700
2020 $1,300 $67,500 $0 $67,500
2019 $1,226 $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 -- $59,432 $0 $59,432
Source: Public Records

Agents Affiliated with this Home

  • Arlene Heck

    Seller's Agent in 2017

    Arlene Heck

    RE/MAX

    (319) 389-5544

    6 in this area

    105 Total Sales

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1705975

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01052

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 401, Cedar Rapids, IA

This home is located at 400 1st St SE Unit 401, Cedar Rapids, IA 52401 since 31 May 2017 and is currently estimated at $102,192, approximately $117 per square foot. This property was built in 1990. 400 1st St SE Unit 401 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.
Information is deemed reliable but not guaranteed.

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