$130,000
SOLD JUN 27, 2025

514 40th St NE Cedar Rapids, IA 52402

Kenwood Park Neighborhood
2 Beds
1 Bath
768 Sq Ft
1959 Built

Recently Sold

$169 Per Sq Ft

5 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Shed
  • No HOA
  • Laundry Room
  • Central Air

About This Home

As of June 2025

The perfect starter home! Hurry to see this nicely updated ranch, ready for new owners. Two spacious bedrooms, updated flooring & fixtures, brand new siding, newer windows and fully fenced yard. Outside patio area, play area, and great location! This home is a perfect starter home or money making rental. No garage currently, but the lot would support a one or two car garage, ask your lender about writing it in the offer, to be built prior to closing! Appliances on disclosure. Don't wait!

Last Agent to Sell the Property

Teri Graf

Teri Graf Real Estate Team Listed on: 04/16/2025

Co-Listed By

Katie Morris

Teri Graf Real Estate Team

Last Buyer's Agent

Jaime Burczek

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 50x119
  • Fenced

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • Family Room
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

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

Additional Features

  • Shed
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13101-04015-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,798

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • NAV29_Unit_1_Appliances: See Remarks
  • Co List Office Mls Id: CTGRE
  • Co List Office Phone: 319-981-1748
  • Co List Office Phone: 319-981-1748
  • MLS Status: Closed
  • Directions: C ave NE to 40th st
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Ranch
  • Reso Interior Features: Eat-in Kitchen, Kitchen/Dining Combo, Main Level Primary
  • New Construction: No
  • ResoRoomType: Family Room, Laundry
  • Year Built: 1959
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Other Structures: Shed(s)

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Garage, None, On Street, See Remarks

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kenwood
  • High School: Washington
  • Middle Or Junior School: Franklin

Lot Info

  • Lot Dimensions: 50x119
  • ResoLotSizeUnits: Acres
  • Parcel Number: 13101-04015-00000

Tax Info

  • Tax Annual Amount: 1798.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Jun 26, 2025
Sold by
Aguilar-Washburn Kristina B
Bought by
Wood Blake A
Seller's Agent
Teri Graf
Teri Graf Real Estate Team
Buyer's Agent
Jaime Burczek
SKOGMAN REALTY
List Price
$129,950
Sold Price
$130,000
Premium/Discount to List
$50
0.04%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$126,100
Outstanding Balance
$125,887
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$4,252

Purchase Details

Closed on
Jul 30, 2018
Sold by
K M M L L C
Bought by
Aguilar Washburn Kristina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,514
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2009
Sold by
K M M Llc
Bought by
Malloy Nathalie

Purchase Details

Closed on
Jan 3, 2000
Sold by
Malloy Dennis D and Malloy Nathalie K
Bought by
K M M Llc

Purchase Details

Closed on
Sep 30, 1999
Sold by
Xavier Inc
Bought by
Malloy Dennis D and Malloy Nathalie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,050
Interest Rate
8.75%

Purchase Details

Closed on
Aug 2, 1999
Sold by
Xavier Inc
Bought by
Cref Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,050
Interest Rate
8.75%
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 Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Warranty Deed $130,000 None Listed On Document
Warranty Deed $82,000 Security First Title Co
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed $56,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,100 New Conventional
Closed $126,100 New Conventional
Previous Owner $80,514 FHA
Previous Owner $42,050 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $130,000 0.0% $169 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $129,950 -- $169 / 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
2024 $1,966 $101,600 $30,500 $71,100
2023 $1,966 $101,600 $30,500 $71,100
2022 $1,734 $93,200 $30,500 $62,700
2021 $1,746 $83,700 $24,400 $59,300
2020 $1,746 $79,100 $22,000 $57,100
2019 $1,366 $63,400 $19,500 $43,900
2018 $1,328 $63,400 $19,500 $43,900
2017 $1,328 $61,900 $19,500 $42,400
2016 $1,316 $61,900 $19,500 $42,400
2015 $1,406 $66,032 $19,529 $46,503
2014 $1,406 $66,032 $19,529 $46,503
2013 $1,374 $66,032 $19,529 $46,503
Source: Public Records

Agents Affiliated with this Home

  • Teri Graf

    Seller's Agent in 2025

    Teri Graf

    Teri Graf Real Estate Team

    (319) 981-1748

    1 in this area

    32 Total Sales

    Teri Graf
    Section Image

  • K

    Seller Co-Listing Agent in 2025

    Katie Morris

    Teri Graf Real Estate Team

    (319) 573-1164

    1 in this area

    5 Total Sales

    Katie Morris
    Section Image

  • J

    Buyer's Agent in 2025

    Jaime Burczek

    SKOGMAN REALTY

    (319) 366-6427

    2 in this area

    54 Total Sales

    Jaime Burczek
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2502732

Cedar Rapids Area Association of REALTORS®

APN: 14101-04015-00000

Iowa Linn County Cedar Rapids 52402 Kenwood Park

514 40th St NE, Cedar Rapids, IA

This home is located at 514 40th St NE, Cedar Rapids, IA 52402 and is currently priced at $130,000, approximately $169 per square foot. This property was built in 1959. 514 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.

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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