NOT LISTED FOR SALE

400 1st St SE Unit 402 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $101,000 - $158,000

2 Beds
1 Bath
1,189 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $116,000 $98 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,075/month

27 Days on Market

Highlights

  • Home Security System
  • Hot Water Heating System
  • 5-minute walk to Greene Square Park
  • Combination Kitchen and Dining Room

About This Home

As of April 2019

Downtown living at a reasonable price! Remodeled kitchen, including newer cabinetry, quartz counter-tops and tile flooring, combined with a separate dining area makes this seem especially roomy. Open floor plan and high ceilings. Association fees are $150 a month, but include both television and wireless internet, a great value. Take the skywalk directly from the building to numerous downtown restaurants and businesses, (it's -25 as I write this, so that sounds pretty good.) Also, a reserved parking spot can be had in the adjacent parking ramp for a relatively low monthly fee. Very few possibilities for a place downtown at this price point, check it out! (Note that this is a relocation property, with some additional documents required, these are attached)

Last Agent to Sell the Property

Randy Richter

RUHL & RUHL REALTORS® Listed on: 01/29/2019

RUHL & RUHL REALTORS®

Last Buyer's Agent

Amy Bishop

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,230

Year Built

  • 1990

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,189 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Combination Kitchen and Dining Room
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Utilities

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,230

Year Built

1990

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: 2 Stories, Townhouse
  • Above Grade Finished Sq Ft: 1189
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2230
  • List User Cell Phone: 319-310-1430
  • Miscellaneous: Elevator, Security System
  • Net Tax: 2048
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.96667
  • Ratio Close Price By Original Li: 0.96667
  • Ratio Current Price By Sq Ft: 97.56
  • Total Sq Ft: 1189
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1990

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2019
Sold by
Migliuolo Giancarlo C
Bought by
Feldhaus Carol L
Total Days on Market
27
Current Estimated Value
$134,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 20, 2015
Sold by
Residential Property Solutions Llc
Bought by
Migliuolo Glancarlo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4%
Mortgage Type
Closed End Mortgage

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
Feldhaus Carol L $116,000 None Available
Migliuolo Glancarlo C $125,000 None Available
River Place I Inc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldhaus Carol L $81,200
Previous Owner Migliuolo Glancarlo C $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $116,000 -3.3% $98 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $120,000 -4.0% $101 / Sq Ft
10/30/2015 10/30/15 Sold $125,000 +0.1% $105 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
11/16/2012 11/16/12 For Sale $124,900 -- $105 / 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 $2,106 $111,600 $0 $111,600
2022 $2,214 $108,700 $0 $108,700
2021 $2,344 $115,800 $0 $115,800
2020 $2,344 $114,800 $0 $114,800
2019 $2,214 $111,200 $0 $111,200
2018 $2,048 $111,200 $0 $111,200
2017 $2,132 $106,400 $0 $106,400
2016 $2,152 $101,200 $0 $101,200
2015 $2,152 $101,017 $0 $101,017
2014 $2,150 $101,017 $0 $101,017
2013 $2,104 $101,017 $0 $101,017
Source: Public Records

Agents Affiliated with this Home

  • Randy Richter

    Seller's Agent in 2019

    Randy Richter

    Ruhl & Ruhl

    (319) 310-1430

    108 Total Sales

    Randy Richter
    Section Image
  • Amy Bishop

    Buyer's Agent in 2019

    Amy Bishop

    RE/MAX

    (319) 270-8450

    209 Total Sales

    Amy Bishop
    Section Image
  • Arlene Heck

    Seller's Agent in 2015

    Arlene Heck

    RE/MAX

    (319) 389-5544

    6 in this area

    103 Total Sales

    Arlene Heck
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1900764

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01053

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 402, Cedar Rapids, IA

This home is located at 400 1st St SE Unit 402, Cedar Rapids, IA 52401 since 29 January 2019 and is currently estimated at $134,081, approximately $112 per square foot. This property was built in 1990. 400 1st St SE Unit 402 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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