NOT LISTED FOR SALE

624 40th St NE Cedar Rapids, IA 52402

Kenwood Park Neighborhood

Estimated Value: $167,000 - $176,000

4 Beds
1.5 Baths
1,616 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $131,000 $81 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,186/month

4 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Recreation Room
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of June 2021

You will love all of the space in this home! Quiet neighborhood close to Elmcrest golf course. Some of the features include new roof in 2020, hardwood floors under the carpet on the main level, projector and screen in the lower level to remain, 2 bedrooms on each level including a half bath upstairs! Quick possession is available. Seller will provide a carpet allowance for the main level of $1500.00 if desired by the buyer.

Last Listed By

Karen Feltman

Keller Williams Legacy Group Listed on: 05/12/2021

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,854

Year Built

  • 1957

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Fenced

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,854

Year Built

1957

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 0.1100
  • Above Grade Finished Sq Ft: 1280
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2854
  • List User Cell Phone: 319-521-0701
  • Low Lvl Fin Sq Ft: 336
  • Miscellaneous: Cable Ready, Deck, Fencing, Patio
  • Net Tax: 2854
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.95273
  • Ratio Close Price By Original Li: 0.91930
  • Ratio Current Price By Sq Ft: 102.34
  • Total Sq Ft: 1616
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Off Street Parking, On Street Parking
  • Garage Size: 529

Utilities

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

Schools

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

Lot Info

  • Lot Size: 40 x 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 8, 2021
Sold by
Mccolloch Nathan R and Dostal Laura
Bought by
Hanson Barbara
Seller's Agent
Karen Feltman
Keller Williams Legacy Group
Buyer's Agent
Josie Ashmore
Fathom Realty
List Price
$142,500
Sold Price
$131,000
Premium/Discount to List
-$11,500
-8.07%
Total Days on Market
4
Current Estimated Value
$170,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,544
Avg. Annual Appreciation
7.28%
Original Mortgage
$13,100
Outstanding Balance
$11,162
Interest Rate
2.24%
Mortgage Type
New Conventional
Estimated Equity
$161,648

Purchase Details

Closed on
Nov 27, 2007
Sold by
High Todd M and High Karla R
Bought by
Mccolloch Nathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,975
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1998
Sold by
Wright Robert L and Wright Joan P
Bought by
High Todd M and High Karla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,676
Interest Rate
6.83%

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
Hanson Barbara $131,000 None Available
Mccolloch Nathan R $117,000 None Available
High Todd M $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Barbara $13,100
Closed Hanson Barbara $13,100
Open Hanson Barbara $117,900
Previous Owner Mccolloch Nathan R $113,975
Previous Owner High Todd M $72,676
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $131,000 -4.7% $81 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/15/2021 05/15/21 Price Changed $137,500 -3.5% $85 / Sq Ft
05/12/2021 05/12/21 For Sale $142,500 -- $88 / 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 $2,836 $151,300 $24,300 $127,000
2022 $2,796 $134,500 $24,300 $110,200
2021 $2,974 $135,000 $19,400 $115,600
2020 $2,974 $134,800 $17,500 $117,300
2019 $2,692 $124,900 $15,500 $109,400
2018 $2,618 $124,900 $15,500 $109,400
2017 $2,534 $119,200 $15,500 $103,700
2016 $2,534 $119,200 $15,500 $103,700
2015 $2,593 $121,864 $15,520 $106,344
2014 $2,408 $121,864 $15,520 $106,344
2013 $2,352 $121,864 $15,520 $106,344
Source: Public Records

Agents Affiliated with this Home

  • Karen Feltman

    Seller's Agent in 2021

    Karen Feltman

    Keller Williams Legacy Group

    (319) 521-0701

    2 in this area

    31 Total Sales

    Karen Feltman
    Section Image
  • Josie Ashmore

    Buyer's Agent in 2021

    Josie Ashmore

    Fathom Realty

    (312) 731-8186

    1 in this area

    105 Total Sales

    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103103

Cedar Rapids Area Association of REALTORS®

APN: 14101-05008-00000

Iowa Linn County Cedar Rapids 52402 Kenwood Park

624 40th St NE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 624 40th St NE, Cedar Rapids, IA 52402 since 12 May 2021 and is currently estimated at $170,544, approximately $105 per square foot. This property was built in 1957. 624 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.

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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.
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