NOT LISTED FOR SALE

400 1st St SE Unit 409 Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $48,000 - $52,443

1 Bed
1 Bath
629 Sq Ft
$150/mo HOA Fee

Last Sold December 04, 2024

Last sale price $49,000 $78 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $535/month

132 Days on Market

Highlights

  • Waterfront
  • High-Rise Condominium
  • 5-minute walk to Greene Square Park
  • Hot Water Heating System

About This Home

As of December 2024

This home is located at 400 1st St SE Unit 409, Cedar Rapids, IA 52401 since 28 June 2024 and is currently estimated at $50,481, approximately $80 per square foot. This property was built in 1990. 400 1st St SE Unit 409 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: 06/28/2024

Last Buyer's Agent

Shannon Banks

SKOGMAN REALTY

SKOGMAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1990

Lot Details

  • Waterfront

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • 629 Sq Ft Home
  • Frame Construction
  • Stucco

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Carport
  • Off-Street Parking

Schools

  • Grant Wood Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • High-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 142813300501059

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,164

Year Built

Built in 1990

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Association Fee Frequency: Monthly
  • Property Type: Residential
  • Property Sub-Type: Condominium
  • NAV29_Unit_1_Appliances: Dishwasher, Gas Water Heater, Range, Refrigerator
  • Co List Office Phone: 319-350-5378
  • MLS Status: Closed
  • Directions: 4th Ave SE to 1st St SE Transit Way
  • Above Grade Finished Sq Ft: 629.0
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 1990
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: See Remarks
  • Basement: No
  • Fireplace Features: See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Waterfront: Yes
  • Construction Type: Frame, Stucco

Garage/Parking

  • Parking Features: Carport, Off Street

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Elevator(s)
  • Heating: Hot Water
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association: Yes

Schools

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

Lot Info

  • Lot Dimensions: Common
  • ResoLotSizeUnits: Acres
  • Parcel Number: 142813300501059
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1164.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Dec 3, 2024
Sold by
Garman Llc and Heartland Investment Partners Llc
Bought by
D4 Property Investments Llc
Seller's Agent
Darin Garman
HEARTLAND INVESTMENT REAL ESTATE, LLC
Buyer's Agent
Shannon Banks
SKOGMAN REALTY
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%
Total Days on Market
132
Views
187
Current Estimated Value
$50,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,481
Avg. Annual Appreciation
5.67%
Original Mortgage
$36,750
Outstanding Balance
$36,458
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$14,023

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
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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
D4 Property Investments Llc $49,000 None Listed On Document
River Place I Inc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D4 Property Investments Llc $36,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $49,000 0.0% $78 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/04/2024 10/04/24 Price Changed $49,000 -18.2% $78 / Sq Ft
06/28/2024 06/28/24 For Sale $59,900 -- $95 / 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 $1,236 $67,800 $0 $67,800
2022 $1,164 $58,600 $0 $58,600
2021 $1,232 $56,200 $0 $56,200
2020 $1,232 $55,800 $0 $55,800
2019 $1,164 $54,000 $0 $54,000
2018 $1,084 $54,000 $0 $54,000
2017 $1,084 $51,600 $0 $51,600
2016 $1,044 $49,100 $0 $49,100
2015 $1,044 $49,072 $0 $49,072
2014 $1,044 $49,072 $0 $49,072
2013 -- $49,072 $0 $49,072
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
    Section Image

  • S

    Buyer's Agent in 2024

    Shannon Banks

    SKOGMAN REALTY

    (319) 491-4411

    3 in this area

    22 Total Sales

    Shannon Banks
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2404514

Cedar Rapids Area Association of REALTORS®

APN: 14281-33005-01059

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

400 1st St SE Unit 409, Cedar Rapids, IA

This home is located at 400 1st St SE Unit 409, Cedar Rapids, IA 52401 since 28 June 2024 and is currently estimated at $50,481, approximately $80 per square foot. This property was built in 1990. 400 1st St SE Unit 409 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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