NOT LISTED FOR SALE

604 40th St NE Cedar Rapids, IA 52402

Kenwood Park Neighborhood

Estimated Value: $160,000 - $169,000

3 Beds
1 Bath
1,390 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $118,000 $85 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,133/month

120 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Patio
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Fenced

About This Home

As of November 2019

Very nice well-maintained home with many updates including new lower level carpet in 2019, water heater and furnace humidifier in 2018. The roof and an updated 2nd floor bedroom in 2016 and central air, sump pump backup system and carpeting in 2015. The main sewer line was replaced in 2011. Located near Elmcrest Country Club, Collins Aerospace, restaurants, shopping and only 2 blocks from Kenwood Elementary School. This home is eligible for the NFC–Cedar Rapids $10,000 Forgivable Loan, $10,500 Down Payment Assistance Loan and up to $2,500 closing costs. This home is a pleasure to show.

Last Listed By

Kevin Heinbuch

WHY USA EASTERN IOWA REALTY Listed on: 06/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • 1956

Lot Details

  • 4,835 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Fenced

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

1956

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1110
  • Above Grade Finished Sq Ft: 1082
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2220
  • List User Cell Phone: 319-360-7139
  • Low Lvl Fin Sq Ft: 308
  • Miscellaneous: Cable Ready, Fencing, Home Warranty, Patio
  • Net Tax: 2220
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98333
  • Ratio Close Price By Original Li: 0.90769
  • Ratio Current Price By Sq Ft: 109.06
  • Total Sq Ft: 1390
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

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: 40 X 120

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Oct 31, 2019
Sold by
Madsen Christopher J and Madsen Kaytlyn
Bought by
Lebeda Wyatt J
Seller's Agent
Kevin Heinbuch
WHY USA EASTERN IOWA REALTY
Buyer's Agent
Shauna Hansen
Exit Eastern Iowa Real Estate
List Price
$130,000
Sold Price
$118,000
Premium/Discount to List
-$12,000
-9.23%
Total Days on Market
120
Current Estimated Value
$166,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,123
Avg. Annual Appreciation
6.94%
Original Mortgage
$92,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2016
Closed on
Dec 18, 2016
Sold by
Hinrichs Randall and Hinrichs Ivy Joy Elliott
Bought by
Madsen Christopher J and Madsen Kaytlyn
Seller's Agent
Bill Williamson
SKOGMAN REALTY
Buyer's Agent
Ben Gatton
WHY USA EASTERN IOWA REALTY
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.29%

Purchase Details

Closed on
Oct 24, 2005
Sold by
Swanson Bernice H and Swanson Bernice
Bought by
Hinrichs Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
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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
Lebeda Wyatt J $116,000 None Available
Madsen Christopher J -- None Available
Hinrichs Randall $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebeda Wyatt J $80,000
Closed Lebeda Wyatt J $88,700
Closed Lebeda Wyatt J $92,800
Previous Owner Hinrichs Randall $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $118,000 -1.7% $85 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $120,000 -2.4% $86 / Sq Ft
08/12/2019 08/12/19 Price Changed $123,000 -1.6% $88 / Sq Ft
07/08/2019 07/08/19 Price Changed $125,000 -2.3% $90 / Sq Ft
06/13/2019 06/13/19 Price Changed $128,000 -1.5% $92 / Sq Ft
06/05/2019 06/05/19 For Sale $130,000 +9.2% $94 / Sq Ft
12/21/2016 12/21/16 Sold $119,000 0.0% $86 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $119,000 -- $86 / 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 $2,490 $145,800 $24,300 $121,500
2022 $2,224 $126,900 $24,300 $102,600
2021 $2,266 $116,300 $19,400 $96,900
2020 $2,266 $111,300 $17,500 $93,800
2019 $2,220 $103,000 $15,500 $87,500
2018 $2,158 $103,000 $15,500 $87,500
2017 $1,746 $88,700 $15,500 $73,200
2016 $1,885 $88,700 $15,500 $73,200
2015 $1,700 $90,252 $15,520 $74,732
2014 $1,736 $87,487 $15,520 $71,967
2013 $1,636 $87,487 $15,520 $71,967
Source: Public Records

Agents Affiliated with this Home

  • Kevin Heinbuch

    Seller's Agent in 2019

    Kevin Heinbuch

    WHY USA EASTERN IOWA REALTY

    (319) 360-7139

    3 in this area

    50 Total Sales

    Kevin Heinbuch
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Ben Gatton

    WHY USA EASTERN IOWA REALTY

    Section Image

  • S

    Buyer's Agent in 2019

    Shauna Hansen

    Exit Eastern Iowa Real Estate

    Section Image

  • B

    Seller's Agent in 2016

    Bill Williamson

    SKOGMAN REALTY

    (319) 350-8888

    6 Total Sales

    Bill Williamson
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904214

Cedar Rapids Area Association of REALTORS®

APN: 14101-05013-00000

Iowa Linn County Cedar Rapids 52402 Kenwood Park

604 40th St NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 604 40th St NE, Cedar Rapids, IA 52402 since 05 June 2019 and is currently estimated at $166,123, approximately $119 per square foot. This property was built in 1956. 604 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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