$49,000
SOLD DEC 4, 2024

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

Downtown Cedar Rapids Neighborhood
1 Bed
1 Bath
629 Sq Ft
$150/mo HOA Fee

Recently Sold

$78 Per Sq Ft

18% Below List Price

132 Days on Market

Highlights

  • Waterfront
  • Living Room
  • Hot Water Heating System
  • Main Floor Primary Bedroom
  • Combination Kitchen and Dining Room
  • 5-minute walk to Greene Square Park

About This Home

As of December 2024

This home is located at 400 1st St SE Unit 409, Cedar Rapids, IA 52401 and is currently priced at $49,000, approximately $77 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

  • Frame Construction
  • Stucco

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 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

Listing and Financial Details

  • Assessor Parcel Number 142813300501059

Community Details

Overview

  • High-Rise Condominium

Pet Policy

  • Limit on the number of pets

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
  • ResoLotFeatures: Waterfront
  • NAV29_Unit_1_Appliances: Dishwasher, Gas Water Heater, Range, Refrigerator
  • Reso Pets Allowed: Number Limit
  • 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
  • Reso Interior Features: Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary
  • New Construction: No
  • ResoRoomType: Living Room
  • 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%
Views
187
Current Estimated Value
$53,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,313
Avg. Annual Appreciation
10.18%

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 Type Sale Price Title Company
Warranty Deed $49,000 None Listed On Document
Corporate Deed $38,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $1,200 $58,200 -- $58,200
2024 $1,236 $67,800 -- $67,800
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

    24 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 and is currently priced at $49,000, approximately $77 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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