
515 40th St NE Cedar Rapids, IA 52402
Kenwood Park NeighborhoodEstimated payment $1,016/month
Highlights
- Ranch Style House
- Patio
- 1 Car Garage
- No HOA
- Forced Air Heating and Cooling System
About This Home
This delightful home effortlessly combines charm, comfort, and convenience. Impeccably maintained and freshly updated, it’s move-in ready for its next owner to create lasting memories. Step inside to a bright and inviting living room, where the windows flood the space with warm, natural sunlight, creating the perfect atmosphere for relaxing or entertaining. The cozy yet functional kitchen is an ideal spot to enjoy your morning coffee, prepare delicious meals, or gather with friends and family for heartfelt conversations. This home features three well-sized bedrooms, each offering a comfortable retreat with plenty of natural light and storage. The beautifully updated bathroom boasts modern finishes, adding a fresh and stylish touch. A single-stall garage provides added convenience, whether for parking or extra storage space. Whether you're a first-time homebuyer, looking to downsize, or seeking a fantastic investment opportunity, this charming home checks all the boxes.
Don't miss out—schedule a tour today and fall in love with everything this home has to offer! Comes with a one year home warranty!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,206
Year Built
- Built in 1954
Lot Details
- 8,668 Sq Ft Lot
- Lot Dimensions are 57x152
Parking
- 1 Car Garage
Home Design
- 960 Sq Ft Home
- Ranch Style House
- Slab Foundation
- Frame Construction
- Vinyl Siding
Kitchen
- Range with Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
Schools
- Kenwood Elementary School
- Franklin Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 14101-07010-00000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,378 | $124,700 | $37,100 | $87,600 |
2022 | $2,092 | $112,700 | $37,100 | $75,600 |
2021 | $2,118 | $101,000 | $29,600 | $71,400 |
2020 | $2,118 | $96,000 | $26,700 | $69,300 |
2019 | $1,904 | $88,300 | $23,700 | $64,600 |
2018 | $1,850 | $88,300 | $23,700 | $64,600 |
2017 | $1,812 | $85,200 | $23,700 | $61,500 |
2016 | $1,812 | $85,200 | $23,700 | $61,500 |
2015 | $1,773 | $83,371 | $23,712 | $59,659 |
2014 | $1,702 | $83,371 | $23,712 | $59,659 |
2013 | $1,550 | $83,371 | $23,712 | $59,659 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/12/2025 04/12/25 | Pending | -- | -- | -- |
04/09/2025 04/09/25 | Price Changed | $150,000 | -5.1% | $156 / Sq Ft |
04/03/2025 04/03/25 | For Sale | $158,000 | -- | $165 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $113,000 | None Listed On Document | |
Warranty Deed | $113,000 | None Listed On Document | |
Warranty Deed | $82,000 | None Listed On Document | |
Warranty Deed | $82,000 | None Listed On Document | |
Sheriffs Deed | -- | None Available | |
Warranty Deed | $94,500 | None Available | |
Warranty Deed | $89,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $100,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $18,003 | Credit Line Revolving | |
Previous Owner | $93,279 | FHA | |
Previous Owner | $85,000 | Unknown | |
Previous Owner | $80,955 | Fannie Mae Freddie Mac |
About the Listing Agent

Since 2012, Michelle has been dedicated to facilitating individuals in the realization of their aspiration for homeownership in her role as a real estate agent. Her journey in the realm of real estate commenced in 1999, extending through 2010, where she served as a mortgage lender. It was during this period that she cultivated a profound affinity for the intricacies of credit and an unwavering commitment to assisting others.
Her expertise extends to a profound understanding of the
Michelle's Other Listings
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2502338

APN: 14101-07010-00000
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