NOT LISTED FOR SALE

518 40th St NE Cedar Rapids, IA 52402

Kenwood Park Neighborhood

Estimated Value: $135,000 - $154,838

3 Beds
1 Bath
960 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $60,000 $62 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $992/month

128 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Living Room
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Satellite Dish

About This Home

As of March 2015

Clean three bedroom home on beautiful corner lot in great neighborhood, is ready for new owners! Enjoy the cozy Eat-In kitchen with plenty of cabinets for your storage needs. Updates include newer furnace, water heater, and stove. Also you will appreciate the extra added insulation, and updated electrical. On the cold winter nights you will enjoy the wood burning fireplace with gas starter and blower! Enjoy the concrete patio for your outdoor dining and entertaining. Also includes over-sized one stall garage with extra storage. All appliances are included and seller is providing HSA Home Warranty!

Last Agent to Sell the Property

Steve Schroeder

SKOGMAN REALTY Listed on: 09/09/2014

SKOGMAN REALTY

Last Buyer's Agent

Paul Pate

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • Lot Dimensions are 50 x 120
  • Fenced

Home Design

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

Interior Spaces

  • 960 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 960
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 1765
  • List User Cell Phone: 319-360-5725
  • Miscellaneous: Cable Ready, Fencing, Home Warranty, Satellite Dish
  • Net Tax: 1580
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.81081
  • Ratio Close Price By Original Li: 0.75000
  • Ratio Current Price By Sq Ft: 62.50
  • Total Sq Ft: 960
  • Tax Roll Number: 141010401400000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Wood Burning
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached
  • Garage Size: 352

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 50 X 120

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Mar 2, 2015
Sold by
Porter Janiece M
Bought by
670 9Th Avenue Marion Llc
Seller's Agent
Steve Schroeder
SKOGMAN REALTY
Buyer's Agent
Paul Pate
SKOGMAN REALTY
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%
Current Estimated Value
$144,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,210
Avg. Annual Appreciation
8.39%
Original Mortgage
$96,500
Outstanding Balance
$75,832
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$62,415
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
670 9Th Avenue Marion Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 670 9Th Avenue Marion Llc $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $60,000 -25.0% $63 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
09/09/2014 09/09/14 For Sale $80,000 -- $83 / 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
2023 $2,352 $124,900 $30,500 $94,400
2022 $2,090 $111,500 $30,500 $81,000
2021 $2,132 $100,900 $24,400 $76,500
2020 $2,132 $96,600 $22,000 $74,600
2019 $1,920 $89,100 $19,500 $69,600
2018 $1,868 $89,100 $19,500 $69,600
2017 $1,878 $86,200 $19,500 $66,700
2016 $1,832 $86,200 $19,500 $66,700
2015 $1,803 $84,774 $19,529 $65,245
2014 $1,618 $84,774 $19,529 $65,245
2013 $1,580 $84,774 $19,529 $65,245
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Steve Schroeder

    SKOGMAN REALTY

    Section Image
  • Paul Pate

    Buyer's Agent in 2015

    Paul Pate

    SKOGMAN REALTY

    (319) 981-3373

    40 Total Sales

    Paul Pate
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1406253

Cedar Rapids Area Association of REALTORS®

APN: 14101-04014-00000

Iowa Linn County Cedar Rapids 52402 Kenwood Park

518 40th St NE, Cedar Rapids, IA

This home is located at 518 40th St NE, Cedar Rapids, IA 52402 since 09 September 2014 and is currently estimated at $144,210, approximately $150 per square foot. This property was built in 1954. 518 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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