NOT LISTED FOR SALE

506 40th St NE Cedar Rapids, IA 52402

Kenwood Park Neighborhood

Estimated Value: $130,000 - $149,548

3 Beds
1 Bath
864 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $135,000 $156 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $975/month

18 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Family Room Downstairs

About This Home

As of May 2023

Recently renovated 3 bedroom, 1 bath home with everything on the main floor! All new flooring, updated windows, updated vanity, stool, lighting and toilet in the bathroom, open kitchen, large living area and everything freshly painted. There is a new garage door on order and will be installed once it's in. Great location, just minutes from shopping and entertainment. Call today for your private showing!.

Last Agent to Sell the Property

Alicia Porter

RE/MAX Concepts Listed on: 04/07/2023

RE/MAX Concepts

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Parking Space

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 864 Sq Ft Home
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Kenwood Elementary School
  • Franklin Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Community Details

  • Ken Acres Third Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-10-1-04-017-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,286

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 864
  • Homebuilder: .
  • Owner Name L F Mi: Barrios, LLC
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Year Built: 1954
  • Tax Year Report: 2021
  • Subdivision: KEN ACRES THIRD ADDITION
  • Directions: C Ave. to 40th
  • L O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Slab
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Other
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: Recently renovated 3 bedroom, 1 bath home with everything on the main floor! All new flooring, updated windows, updated vanity, stool, lighting and toilet in the bathroom, open kitchen, large living area and everything freshly painted. There is a new garage door on order and will be installed once it's in. Great location, just minutes from shopping and entertainment. Call today for your private showing!.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Number Bedrooms Main: 3
  • Sq Ft Above: 864
  • Total Full Baths: 1
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, 2662
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • Elementary School: Kenwood
  • Middle School: Franklin
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Franklin
  • Elementary School: Kenwood

Lot Info

  • Acreage: 0.14
  • Geo Subdivision: IA
  • Lot Dimensions: 51 FF
  • Zoning: R

Tax Info

  • Gross Tax County City: 2030
  • Assessor Parcel Number: 14-10-1-04-017-0-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 23, 2023
Sold by
Barrios Llc
Bought by
Stewart Andrew
Seller's Agent
Alicia Porter
RE/MAX Concepts
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Views
267
Current Estimated Value
$141,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,887
Avg. Annual Appreciation
1.92%
Original Mortgage
$124,650
Outstanding Balance
$122,025
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$18,564

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 25, 2023
Sold by
Crawley Andrew Scott and Crawley Deann M
Bought by
Barrios Llc
Seller's Agent
Alicia Porter
RE/MAX CONCEPTS
Buyer's Agent
Alicia Porter
RE/MAX CONCEPTS
List Price
$103,000
Sold Price
$103,000
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.01%
Original Mortgage
$82,400
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Crawley Andrew Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,125
Interest Rate
6.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2005
Sold by
Williams Bernadette Claire
Bought by
Mortgage Electronic Registration Systems and Household Mortgage Services

Purchase Details

Closed on
Jul 9, 1999
Sold by
Howell Luke Eugene and Howell Jamie A
Bought by
Durocher Bernadette Claire
Source: Public Records

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
Stewart Andrew $138,500 None Listed On Document
Barrios Llc $103,000 --
Crawley Andrew Scott $57,000 None Available
Mortgage Electronic Registration Systems $70,794 --
Durocher Bernadette Claire -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Andrew $124,650
Previous Owner Barrios Llc $82,400
Previous Owner Crawley Andrew Scott $78,000
Previous Owner Crawley Andrew Scott $43,125
Closed Stewart Andrew $13,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $135,000 0.0% $156 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $135,000 -3.5% $156 / Sq Ft
04/07/2023 04/07/23 For Sale $139,900 +35.8% $162 / Sq Ft
01/30/2023 01/30/23 Sold $103,000 0.0% $119 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $103,000 -- $119 / Sq Ft
Source: Iowa City 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 $2,286 $120,700 $30,900 $89,800
2022 $2,030 $108,400 $30,900 $77,500
2021 $2,056 $98,000 $24,700 $73,300
2020 $2,056 $93,200 $22,300 $70,900
2019 $1,852 $85,900 $19,800 $66,100
2018 $1,800 $85,900 $19,800 $66,100
2017 $1,758 $82,700 $19,800 $62,900
2016 $1,758 $82,700 $19,800 $62,900
2015 $1,716 $80,597 $19,788 $60,809
2014 $1,716 $80,597 $19,788 $60,809
2013 $1,678 $80,597 $19,788 $60,809
Source: Public Records

Agents Affiliated with this Home

  • Alicia Porter

    Seller's Agent in 2023

    Alicia Porter

    RE/MAX

    (319) 350-1093

    6 in this area

    233 Total Sales

    Alicia Porter
    Section Image

  • N

    Buyer's Agent in 2023

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202301881

Iowa City Area Association of REALTORS®

APN: 14101-04017-00000

Iowa Linn County Cedar Rapids 52402 Kenwood Park

506 40th St NE, Cedar Rapids, IA

This home is located at 506 40th St NE, Cedar Rapids, IA 52402 since 07 April 2023 and is currently estimated at $141,887, approximately $164 per square foot. This property was built in 1954. 506 40th St NE is a home located in Linn County with nearby schools including Kenwood Leadership Academy, Franklin Middle School, 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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