NOT LISTED FOR SALE

400 1st St SE Unit 405 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $93,000 - $98,405

2 Beds
2.5 Baths
805 Sq Ft
1990 Built

Last Sold June 08, 2022

Last sale price $89,000 $111 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $644/month

6 Days on Market

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Combination Kitchen and Dining Room
  • Gated Community
  • Living Room
  • 5-minute walk to Greene Square Park

About This Home

As of June 2022

One owner is a licensed real estate broker.

Last Agent to Sell the Property

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 05/12/2022

Last Buyer's Agent

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 05/12/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,504

Year Built

  • 1990

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Garage
  • Carport

Utilities

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

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,504

Year Built

1990

Lot Details

0

Listing Details

  • Style: Loft/High-Rise
  • Above Grade Finished Sq Ft: 805
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1504
  • Miscellaneous: Elevator
  • Net Tax: 1504
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 110.56
  • Total Sq Ft: 805
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stucco

Garage/Parking

  • Garage/Parking: 1 Car, Carport

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Common Laundry, Elevator, Exercise Room, Secured Entrance

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 8, 2022
Sold by
River Place 1 Inc
Bought by
Asb Investors Llc
Seller's Agent
Darin Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
Buyer's Agent
Darin Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
List Price
$89,000
Sold Price
$89,000
Current Estimated Value
$95,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,601
Avg. Annual Appreciation
2.15%
Source: Public Records

Range of Values:

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Average Value
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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
Asb Investors Llc $89,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $89,000 0.0% $111 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $89,000 -- $111 / 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 $1,662 $94,900 -- $94,900
2024 $1,498 $93,900 -- $93,900
2023 $1,498 $93,900 $0 $93,900
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 $1,362 $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 $1,238 $59,432 $0 $59,432
Source: Public Records

Agents Affiliated with this Home

  • Darin Garman

    Seller's Agent in 2022

    Darin Garman

    HEARTLAND INVESTMENT REAL ESTATE, LLC

    (319) 540-9070

    10 in this area

    27 Total Sales

    Darin Garman
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204178

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01056

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 405, Cedar Rapids, IA

This home is located at 400 1st St SE Unit 405, Cedar Rapids, IA 52401 since 12 May 2022 and is currently estimated at $95,601, approximately $118 per square foot. This property was built in 1990. 400 1st St SE Unit 405 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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