NOT LISTED FOR SALE

400 1st St SE Unit 406 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $100,000 - $135,337

2 Beds
1.5 Baths
1,189 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $93,000 $78 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $954/month

56 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Home Security System
  • Gated Community
  • Formal Dining Room
  • 5-minute walk to Greene Square Park

About This Home

As of September 2021

AGENTS, SEE AGENT REMARKS. Riverview Condominiums . . . a unique opportunity to own part of the Cedar Rapids skyline! You'll love the brand new flooring in the kitchen and bathrooms, open floor plan, complete with architecturally appealing staircase, balcony and tall ceilings, larger living room, separate dining area, larger bedrooms . . . and you'll definitely enjoy an amazing view of the cityscape through a 2-story wall of windows! Association dues include fitness center, roof top patio, security system, TV, wireless internet! Building is attached to the Skywalk which provides easy access to downtown businesses, restaurants and shopping. Reserved parking in adjacent ramp to skywalk available through the city for an additional monthly charge. Common laundry facilities available. Sold AS-IS. Long-term (30+ days) rentals allowed. No short-term rentals allowed (VRBO or AirBnB use, for example).

Last Listed By

Arlene Heck

RE/MAX CONCEPTS Listed on: 06/15/2021

RE/MAX CONCEPTS

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1990

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • On-Street Parking

Interior Spaces

  • 1,189 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Formal Dining Room
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Cable TV Available

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Gated Community

Townhouse Details

Home Type

Townhome

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
  • Association Management: By Prop Mgmt.
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2396
  • List User Cell Phone: 319-389-5544
  • Miscellaneous: Cable Ready, Elevator, Security System, Vaulted Ceiling
  • Net Tax: 2396
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93000
  • Ratio Close Price By Original Li: 0.93000
  • Ratio Current Price By Sq Ft: 78.22
  • 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, Range, Refrigerator
  • Additional Room: 1st Floor Family
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Garage/Parking

  • Garage/Parking: On Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Common Laundry, Elevator, Exercise Room, Lawncaresnowremovalincluded, 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, Pet Weight Limit, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Stobb Bryan and Stobb Kelly
Bought by
Stobb Jeffrey Michael and Stobb David Gordon
Total Days on Market
56
Current Estimated Value
$115,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$98,619
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$17,228

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 7, 2021
Sold by
Mclaughlin Blame and Mclaughlin Christine
Bought by
Stobb Bryan and Stobb Kelly
Seller's Agent
Arlene Heck
RE/MAX CONCEPTS
Buyer's Agent
Wendy Votroubek
SKOGMAN REALTY
List Price
$100,000
Sold Price
$93,000
Premium/Discount to List
-$7,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
May 26, 2011
Sold by
Opm Lc
Bought by
River Place 1 Inc

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
Stobb Jeffrey Michael $125,000 None Listed On Document
Stobb Bryan $93,000 None Available
River Place 1 Inc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stobb Jeffrey Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $93,000 -7.0% $78 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $100,000 -- $84 / 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 $1,978 $96,100 $0 $96,100
2022 $2,398 $93,800 $0 $93,800
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 $2,230 $106,400 $0 $106,400
2016 $2,152 $101,200 $0 $101,200
2015 $2,166 $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

  • Arlene Heck

    Seller's Agent in 2021

    Arlene Heck

    RE/MAX

    (319) 389-5544

    6 in this area

    101 Total Sales

    Arlene Heck
    Section Image
  • Wendy Votroubek

    Buyer's Agent in 2021

    Wendy Votroubek

    SKOGMAN REALTY

    (319) 389-7653

    2 in this area

    258 Total Sales

    Wendy Votroubek
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103317

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01057

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 406, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 400 1st St SE Unit 406, Cedar Rapids, IA 52401 since 15 June 2021 and is currently estimated at $115,334, approximately $97 per square foot. This property was built in 1990. 400 1st St SE Unit 406 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.