NOT LISTED FOR SALE

401 1st St SE Cedar Rapids, IA 52401

Downtown Cedar Rapids Neighborhood

Estimated Value: $7,065,600

-- Bed
-- Bath
3,500 Sq Ft
$2,019/Sq Ft Est. Value

About This Home

This home is located at 401 1st St SE, Cedar Rapids, IA 52401 and is currently estimated at $7,065,600, approximately $2,018 per square foot. 401 1st St SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2000
Sold by
American Storage Company
Bought by
Redwood Investments Llc
Current Estimated Value
$7,065,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
8.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 1998
Sold by
Zachmeyer Donald C and Zachmeyer Dreanna B
Bought by
Olson Scott E

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Redwood Investments Llc $3,249,500 --
Olson Scott E $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redwood Investments Llc $2,130,000
Closed Redwood Investments Llc $2,600,000
Source: Public Records

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 $62,604 $2,716,400 $460,800 $2,255,600
2022 $56,114 $2,877,700 $460,800 $2,416,900
2021 $53,398 $4,019,400 $345,600 $3,673,800
2020 $53,398 $4,629,800 $345,600 $4,284,200
2019 $123,818 $3,468,200 $460,800 $3,007,400
2018 $118,338 $3,468,200 $460,800 $3,007,400
2017 $80,970 $2,278,200 $153,600 $2,124,600
2016 $77,515 $2,102,600 $153,600 $1,949,000
2015 $76,522 $2,077,360 $153,600 $1,923,760
2014 $74,346 $2,077,360 $153,600 $1,923,760
2013 $80,130 $2,077,360 $153,600 $1,923,760
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52401 Downtown Cedar Rapids

401 1st St SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 401 1st St SE, Cedar Rapids, IA 52401 and is currently estimated at $7,065,600, approximately $2,018 per square foot. 401 1st St SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington High School.

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