Seller's Agent in 2025
Jason Vestweber
SKOGMAN REALTY
(319) 551-0373
2 in this area
126 Total Sales
507 40th St NE Cedar Rapids, IA 52402
Kenwood Park Neighborhood
3
Beds
1
Bath
960
Sq Ft
8,276
Sq Ft Lot
Highlights
- Ranch Style House
- 2 Car Detached Garage
- Patio
- No HOA
- Eat-In Kitchen
- Forced Air Heating and Cooling System
About This Home
As of January 2025Welcome to 507 40th St NE, a delightful and well-maintained property in the heart of Cedar Rapids! This 3-bedroom, 1-bathroom home offers comfort, an updated interior, and convenience. You will find an inviting layout perfect for families or first-time homebuyers. You will also enjoy new carpet throughout, newer windows, a new roof, newer water heater, and updated amenities in the home. The large fenced back yard is a great space and there is plenty of garage space for your toys!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,954
Year Built
- Built in 1954
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 54x153
Parking
- 2 Car Detached Garage
Home Design
- 960 Sq Ft Home
- Ranch Style House
- Slab Foundation
- Frame Construction
- Aluminum Siding
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Kenwood Elementary School
- Harding Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 14101-07008-00000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2024
Closed on
Jan 7, 2025
Sold by
Dradel Llc
Bought by
Jordan Janie K and Jordan William A
Seller's Agent
Jason Vestweber
SKOGMAN REALTY
Buyer's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Views
428
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,938
Avg. Annual Appreciation
1.86%
Original Mortgage
$45,000
Outstanding Balance
$44,661
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$102,277
Purchase Details
Closed on
Mar 20, 2020
Sold by
D & B Property Services Llc
Bought by
Dradel Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 2012
Sold by
Becwar Dale and Becwar Carol F
Bought by
D & B Property Services Llc
Purchase Details
Listed on
Dec 14, 2011
Closed on
Apr 18, 2012
Sold by
Maroulis James J
Bought by
Becwar Dale
Seller's Agent
Jane Hennings
Realty87
Buyer's Agent
Jane Hennings
Realty87
List Price
$50,000
Sold Price
$50,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$40,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 30, 2004
Sold by
N & S Properties Llc
Bought by
Maroulis James J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,008
Interest Rate
5.89%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | River Ridge Escrow | |
| Warranty Deed | $145,000 | River Ridge Escrow | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $50,000 | None Available | |
| Warranty Deed | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $45,000 | New Conventional | |
| Closed | $45,000 | New Conventional | |
| Previous Owner | $87,200 | New Conventional | |
| Previous Owner | $40,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $60,008 | New Conventional | |
| Closed | $15,002 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $145,000 | 0.0% | $151 / Sq Ft | |
| 01/03/2025 01/03/25 | Pending | -- | -- | -- | |
| 11/19/2024 11/19/24 | Price Changed | $145,000 | -3.3% | $151 / Sq Ft | |
| 11/13/2024 11/13/24 | For Sale | $150,000 | +200.0% | $156 / Sq Ft | |
| 04/30/2012 04/30/12 | Sold | $50,000 | 0.0% | $52 / Sq Ft | View Prior Sale |
| 01/13/2012 01/13/12 | Pending | -- | -- | -- | |
| 12/14/2011 12/14/11 | For Sale | $50,000 | -- | $52 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,954 | $134,600 | $35,400 | $99,200 |
| 2024 | $2,102 | $110,400 | $35,400 | $75,000 |
| 2023 | $2,102 | $110,400 | $35,400 | $75,000 |
| 2022 | $1,842 | $99,700 | $35,400 | $64,300 |
| 2021 | $1,864 | $88,900 | $28,400 | $60,500 |
| 2020 | $1,864 | $84,500 | $25,500 | $59,000 |
| 2019 | $1,676 | $77,800 | $22,700 | $55,100 |
| 2018 | $1,630 | $77,800 | $22,700 | $55,100 |
| 2017 | $1,598 | $75,200 | $22,700 | $52,500 |
| 2016 | $1,598 | $75,200 | $22,700 | $52,500 |
| 2015 | $1,664 | $78,174 | $22,680 | $55,494 |
| 2014 | $1,664 | $78,174 | $22,680 | $55,494 |
| 2013 | $1,628 | $78,174 | $22,680 | $55,494 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Vestweber
-
Mike Selling Team
M
Buyer's Agent in 2025
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
(319) 981-3702
12 in this area
655 Total Sales
-
J
Seller's Agent in 2012
Jane Hennings
Realty87
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2407875
APN: 14101-07008-00000
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.
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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