NOT LISTED FOR SALE

4540 Midway Dr NW Cedar Rapids, IA 52405

Cherry Hill Park Neighborhood

Estimated Value: $159,000 - $184,000

3 Beds
2.5 Baths
1,040 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $139,000 $134 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,114/month

About This Home

As of January 2024

This home is located at 4540 Midway Dr NW, Cedar Rapids, IA 52405 since 03 January 2024 and is currently estimated at $176,086, approximately $169 per square foot. This property was built in 1961. 4540 Midway Dr NW is a home located in Linn County with nearby schools including Junction City Elementary School, Hoover Elementary School, and Kentucky Tech - Ashland Reg Tech Center.

Last Buyer's Agent

Paul Canas

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,430

Year Built

  • 1961

Home Design

  • 1,040 Sq Ft Home
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,430

Year Built

1961

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1040
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 2430
  • Net Tax: 2430
  • Property Sub Types: Single Family
  • 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: 133.65
  • Total Sq Ft: 1040
  • Transaction Type: Fsbo
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Vinyl, Wood

Utilities

  • Heating Cooling: Gas Heat

Lot Info

  • Lot Size: 1040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jan 2, 2024
Sold by
Hopkins Bernice
Bought by
Hopkins Evelyn D and Hopkins Shelby E
Buyer's Agent
Paul Canas
Pinnacle Realty LLC
List Price
$139,000
Sold Price
$139,000
Views
4
Current Estimated Value
$176,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,086
Avg. Annual Appreciation
13.04%
Original Mortgage
$120,217
Outstanding Balance
$118,218
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$57,868

Purchase Details

Closed on
Sep 7, 2021
Sold by
Hopkins Bernice
Bought by
Hopkins Bernice and Hopkins Charles H

Purchase Details

Closed on
Aug 20, 2008
Sold by
Primrose Mark A and Primrose Kelley Jean
Bought by
Hopkins Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.42%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hopkins Evelyn D $139,000 None Listed On Document
Hopkins Evelyn D $139,000 None Listed On Document
Hopkins Bernice -- None Available
Hopkins Bernice $104,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopkins Evelyn D $120,217
Closed Hopkins Evelyn D $120,217
Previous Owner Hopkins Bernice $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2024 01/03/24 Sold $139,000 0.0% $134 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $139,000 -- $134 / 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 $2,276 $154,600 $34,100 $120,500
2024 $2,546 $152,300 $34,100 $118,200
2023 $2,546 $139,100 $29,500 $109,600
2022 $2,430 $129,600 $29,500 $100,100
2021 $2,408 $126,300 $26,400 $99,900
2020 $2,408 $117,700 $24,800 $92,900
2019 $2,332 $116,700 $24,800 $91,900
2018 $2,264 $116,700 $24,800 $91,900
2017 $2,279 $109,800 $24,800 $85,000
2016 $2,279 $107,200 $24,800 $82,400
2015 $2,349 $110,408 $24,800 $85,608
2014 $2,164 $110,408 $24,800 $85,608
2013 $2,114 $110,408 $24,800 $85,608
Source: Public Records

Agents Affiliated with this Home

  • Paul Canas

    Buyer's Agent in 2024

    Paul Canas

    Pinnacle Realty LLC

    (319) 981-1450

    6 in this area

    115 Total Sales

    Paul Canas
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2400082

Cedar Rapids Area Association of REALTORS®

APN: 13252-05013-00000

Iowa Linn County Cedar Rapids 52405 Cherry Hill Park

4540 Midway Dr NW, Cedar Rapids, IA

Not Listed for Sale

Detached

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