NOT LISTED FOR SALE

400 1st St SE Unit 404 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $86,000 - $116,508

2 Beds
1.5 Baths
870 Sq Ft
$150/mo HOA Fee

Last Sold June 07, 2024

Last sale price $103,000 $118 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $855/month

15 Days on Market

Highlights

  • Gated Community
  • Living Room
  • Hot Water Heating System
  • Waterfront
  • Combination Kitchen and Dining Room
  • 5-minute walk to Greene Square Park

About This Home

As of June 2024

This home is located at 400 1st St SE Unit 404, Cedar Rapids, IA 52401 since 24 April 2024 and is currently estimated at $102,127, approximately $117 per square foot. This property was built in 1990. 400 1st St SE Unit 404 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

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 04/24/2024

Last Buyer's Agent

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 04/24/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,398

Year Built

  • 1990

Lot Details

  • Waterfront

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom located on second floor

Parking

  • Carport
  • Off-Street Parking

Utilities

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

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Pet Policy

  • Limit on the number of pets

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,398

Year Built

1990

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 870
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 2nd Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2398
  • Miscellaneous: Elevator
  • Net Tax: 2398
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99134
  • Ratio Close Price By Original Li: 0.99134
  • Ratio Current Price By Sq Ft: 118.39
  • Total Sq Ft: 870
  • Taxable Value Tv: 62683.00
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Appliances Included: Dishwasher, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Room Count: 6
  • Site Description: Water Front

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stucco

Garage/Parking

  • Garage/Parking: Carport, Off Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Common Laundry, Elevator, Secure Storage Area, Secured Entrance
  • Association Fee: 150
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 6, 2024
Sold by
Heartland Inv Partners Llc
Bought by
Davis Isacc
Seller's Agent
Darin Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
Buyer's Agent
Darin Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
List Price
$103,900
Sold Price
$103,000
Premium/Discount to List
-$900
-0.87%
Views
32
Current Estimated Value
$102,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$873
Avg. Annual Appreciation
-0.62%
Original Mortgage
$92,700
Outstanding Balance
$91,392
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$10,735

Purchase Details

Closed on
Jan 31, 2009
Sold by
River Plcace 1 Inc
Bought by
Garman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,023
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Davis Isacc $103,000 None Listed On Document
Davis Isacc $103,000 None Listed On Document
Garman Llc $146,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Isacc $92,700
Closed Davis Isacc $92,700
Previous Owner Garman Llc $146,023
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $103,000 -0.9% $118 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $103,900 -- $119 / 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 $1,974 $112,700 -- $112,700
2024 $2,292 $111,600 -- $111,600
2023 $2,292 $111,600 $0 $111,600
2022 $2,398 $108,700 $0 $108,700
2021 $2,532 $115,800 $0 $115,800
2020 $2,532 $114,800 $0 $114,800
2019 $2,396 $111,200 $0 $111,200
2018 $2,230 $111,200 $0 $111,200
2017 $2,152 $106,400 $0 $106,400
2016 $2,152 $101,200 $0 $101,200
2015 $2,150 $101,017 $0 $101,017
2014 $2,150 $101,017 $0 $101,017
2013 -- $101,017 $0 $101,017
Source: Public Records

Agents Affiliated with this Home

  • Darin Garman

    Seller's Agent in 2024

    Darin Garman

    HEARTLAND INVESTMENT REAL ESTATE, LLC

    (319) 540-9070

    10 in this area

    27 Total Sales

    Darin Garman
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2402789

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01055

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 404, Cedar Rapids, IA

This home is located at 400 1st St SE Unit 404, Cedar Rapids, IA 52401 since 24 April 2024 and is currently estimated at $102,127, approximately $117 per square foot. This property was built in 1990. 400 1st St SE Unit 404 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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