Seller's Agent in 2025
Michelle David
Pinnacle Realty LLC
(319) 533-0021
7 in this area
138 Total Sales
515 40th St NE Cedar Rapids, IA 52402
Kenwood Park Neighborhood
3
Beds
1
Bath
960
Sq Ft
8,668
Sq Ft Lot
Highlights
- Ranch Style House
- Patio
- 1 Car Garage
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of May 2025This 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
May 14, 2025
Sold by
Hartman Investments Llc
Bought by
Jantzen Madison and Fernandez Noah
Seller's Agent
Michelle David
Pinnacle Realty LLC
Buyer's Agent
Grace Laubenthal
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$158,000
Sold Price
$150,750
Premium/Discount to List
-$7,250
-4.59%
Views
526
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.74%
Original Mortgage
$30,150
Outstanding Balance
$30,150
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$117,646
Purchase Details
Listed on
Apr 3, 2025
Closed on
Mar 26, 2025
Sold by
Pg Home Buyers Llc
Bought by
Hartman Investments Llc
Seller's Agent
Michelle David
Pinnacle Realty LLC
Buyer's Agent
Grace Laubenthal
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$158,000
Sold Price
$150,750
Premium/Discount to List
-$7,250
-4.59%
Views
526
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Outstanding Balance
$120,491
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$27,305
Purchase Details
Closed on
Jan 12, 2016
Sold by
U S Bank National Association
Bought by
Js Property Ventures Llc
Purchase Details
Closed on
May 4, 2010
Sold by
Webb Carol E
Bought by
Mccabe Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
5.05%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 27, 2005
Sold by
Bromberg Joseph R
Bought by
Webb Carol E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,955
Interest Rate
7.82%
Mortgage Type
Fannie Mae Freddie Mac
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 | $151,000 | None Listed On Document | |
| 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 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $30,150 | New Conventional | |
| Open | $120,600 | New Conventional | |
| 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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Sold | $150,750 | +0.5% | $157 / Sq Ft |
| 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 |
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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle David
-
Grace Laubenthal
G
Buyer's Agent in 2025
Grace Laubenthal
LEPIC-KROEGER CORRIDOR, REALTORS
(319) 519-4141
1 in this area
22 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2502338
APN: 14101-07010-00000
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