NOT LISTED FOR SALE

518 40th St NE Cedar Rapids, IA 52402

Kenwood Park Neighborhood

Estimated Value: $131,000 - $157,000

3 Beds
1 Bath
960 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 09, 2015

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

Est. 137% increase in value since last sale

Current estimated payment $988/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 Listed By

Steve Schroeder

SKOGMAN REALTY Listed on: 09/09/2014

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
  • 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%
Total Days on Market
128
Current Estimated Value
$142,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,081
Original Mortgage
$96,500
Outstanding Balance
$75,832
Interest Rate
3.6%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Cedar Rapids, IA

  • 515 40th St NE, Cedar Rapids, IA 52402

    $150,000

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft
    • 515 40th St NE
    • Cedar Rapids, IA

    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

    Michelle David Pinnacle Realty LLC

    Section Image
  • 1238 Ellis Blvd NW, Cedar Rapids, IA 52405

    $169,900

    • 4 Beds
    • 2 Baths
    • 1,798 Sq Ft
    • 1238 Ellis Blvd NW
    • Cedar Rapids, IA

    This charming two-story home boasts a fantastic location and has many recent updates. With ample space for entertaining, you can enjoy your gatherings in the spacious main floor living room and the back entertainment room. The home features two bedrooms on the main floor and two additional bedrooms on the upper floor. There is a full bathroom on each level for added convenience. Recent upgrades

    Matthew Lepic LEPIC-KROEGER CORRIDOR, REALTORS

    Section Image
  • 2424 8th Ave SW, Cedar Rapids, IA 52404

    $165,900

    • 3 Beds
    • 1 Bath
    • 994 Sq Ft
    • 2424 8th Ave SW
    • Cedar Rapids, IA

    Don't Miss Out on This Move-In Ready Gem in Cedar Rapids! Step into this beautifully updated 3-bedroom, 1-bath home that blends comfort, style, and convenience. You’ll love the spacious kitchen and dining area with sliders leading to a two-stall garage—perfect for everyday living and entertaining. Enjoy roomy bedrooms, a modern bathroom (updated in 2024), and a generous laundry area complete

    Diana Salazar Skogman Realty Co.

    Section Image
  • 4418 1st Ave NW, Cedar Rapids, IA 52405

    $175,000

    • 2 Beds
    • 2 Baths
    • 1,252 Sq Ft
    • 4418 1st Ave NW
    • Cedar Rapids, IA

    **Accepted Offer** Come check it out! So many features you will not find with other condos in this price range! You are greeted with Vaulted ceilings in the great room with extra large windows and transoms above. Large windows bringing lots of light throughout the condo and deluxe custom blinds. The main living area, kitchen, dining areas and hall feature 3/4" thick Brazilian Cherry Hardwood

    Tamra Garman Pinnacle Realty

    Section Image
  • 514 40th St NE, Cedar Rapids, IA 52402

    $129,950

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft
    • 514 40th St NE
    • Cedar Rapids, IA

    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

    Teri Graf Teri Graf Real Estate Team

    Section Image
  • 3841 Lennox Ave NE, Cedar Rapids, IA 52402

    $184,900

    • 2 Beds
    • 1.5 Baths
    • 1,500 Sq Ft
    • 3841 Lennox Ave NE
    • Cedar Rapids, IA

    As you approach this address you will see a beautiful brick home tucked on the NE side of town is a 3 bedroom 1 and half bathroom. You will have a full upstairs in which could easily be make into a 3rd bedroom, or whatever room you would like for your choosing. You will notice the first level has original hardwood floors throughout, with updated kitchen and bathroom to make it easy to move in

    Jaime Hymer Pinnacle Realty LLC

    Section Image
  • 3734 C Ave NE, Cedar Rapids, IA 52402

    $175,000

    • 3 Beds
    • 1 Bath
    • 1,443 Sq Ft
    • 3734 C Ave NE
    • Cedar Rapids, IA

    This charming, move-in ready corner lot home is everything you've been looking for - and more! Featuring a spacious living room with hardwood floors and flexible living options, this home offers the choice of a primary bedroom on either the main level or upstairs. Enjoy the convenience of a two-stall detached garage with driveway access off 38th St, plus a fully fenced yard with a covered patio

    Desiree Widmer Pinnacle Realty LLC

    Section Image
  • 701 36th St NE, Cedar Rapids, IA 52402

    $142,000

    • 3 Beds
    • 1 Bath
    • 942 Sq Ft
    • 701 36th St NE
    • Cedar Rapids, IA

    Recently updated and ready for new owners! This home features 3 bedrooms, updated bath, updated kitchen, fresh paint, and new carpet. Outside you'll find a large fenced yard, storage shed, and 2 driveways for off street parking. Steel roof, AC, and water heater all replaced in the last 3 years. Property being sold "as-is", all inspections are for informational purposes only.

    Scott Rosekrans RE/MAX CONCEPTS

    Section Image
  • 739 36th St NE, Cedar Rapids, IA 52402

    $123,500

    • 2 Beds
    • 1 Bath
    • 625 Sq Ft
    • 739 36th St NE
    • Cedar Rapids, IA

    This house is turn key move in ready. Completely remodeled. It is such a charmer and the ones looking for a starter home or a low risk investment .This property is for you. Everything brand new in it.

    Lucas Burrington Burrington Real Estate

    Section Image
See All Homes in Cedar Rapids

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

    41 Total Sales

    Paul Pate
    Section Image
See All Agents

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

Homes for Sale in 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 $142,081, approximately $148 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.

Nearby Homes