NOT LISTED FOR SALE

626 40th St SE Cedar Rapids, IA 52403

Estimated Value: $176,000 - $197,000

4 Beds
2 Baths
1,405 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $113,000 $80 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,230/month

14 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Recreation Room
  • 2 Car Detached Garage
  • Home Security System

About This Home

As of May 2018

This home is located at 626 40th St SE, Cedar Rapids, IA 52403 since 10 April 2018 and is currently estimated at $189,094, approximately $134 per square foot. This property was built in 1963. 626 40th St SE is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, and George Washington High School.

Last Agent to Sell the Property

Laurie Whiting

Realty87 Listed on: 04/10/2018

Realty87

Last Buyer's Agent

Rossilyn Babington

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,115

Year Built

  • 1963

Lot Details

  • 8,015 Sq Ft Lot
  • Lot Dimensions are 68 x 118
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Family Room
  • Recreation Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

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

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,115

Year Built

1963

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1840
  • Above Grade Finished Sq Ft: 987
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2115
  • List User Cell Phone: 319-389-2580
  • Low Lvl Fin Sq Ft: 418
  • Miscellaneous: Cable Ready, Deck, Fencing, Satellite Dish, Security System
  • Net Tax: 1930
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94245
  • Ratio Close Price By Original Li: 0.94245
  • Ratio Current Price By Sq Ft: 114.49
  • Total Sq Ft: 1405
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached, Guest Parking, On Street Parking
  • Garage Size: 400

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Erskine
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 68 X 118

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Rw Investments Llc
Bought by
Barry Alexander J
Current Estimated Value
$189,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,850
Outstanding Balance
$117,522
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$71,572

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 25, 2018
Sold by
Lincoln Axel and Lincoln Ashlyn M
Bought by
Rw Investments Llc
Seller's Agent
Laurie Whiting
Realty87
Buyer's Agent
Rossilyn Babington
Pinnacle Realty LLC
List Price
$119,900
Sold Price
$113,000
Premium/Discount to List
-$6,900
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$113,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 3, 2012
Closed on
Oct 15, 2012
Sold by
The Estate Of Gilbert J Maas
Bought by
Lincoln Axel and Lincoln Ashlyn M
Seller's Agent
Sherry Wahl
Realty87
Buyer's Agent
Dave Kesterson
SKOGMAN REALTY
List Price
$99,000
Sold Price
$93,000
Premium/Discount to List
-$6,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$89,000
Interest Rate
3.57%
Mortgage Type
VA
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
Barry Alexander J $146,500 None Available
Rw Investments Llc $113,000 None Available
Lincoln Axel $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Alexander J $131,850
Previous Owner Rw Investments Llc $113,000
Previous Owner Lincoln Axel $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $113,000 -5.8% $80 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $119,900 0.0% $85 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $119,900 +28.9% $85 / Sq Ft
10/15/2012 10/15/12 Sold $93,000 -6.1% $66 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $99,000 -- $70 / 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
2025 $2,780 $177,700 $39,600 $138,100
2024 $3,090 $166,800 $34,600 $132,200
2023 $3,090 $157,100 $34,600 $122,500
2022 $2,754 $146,500 $34,600 $111,900
2021 $2,308 $132,900 $29,700 $103,200
2020 $2,308 $104,600 $23,100 $81,500
2019 $2,092 $97,100 $23,100 $74,000
2018 $1,782 $97,100 $23,100 $74,000
2017 $1,867 $97,900 $23,100 $74,800
2016 $1,867 $91,200 $23,100 $68,100
2015 $2,017 $98,156 $23,087 $75,069
2014 $1,832 $100,526 $26,385 $74,141
2013 $2,094 $100,526 $26,385 $74,141
Source: Public Records

Agents Affiliated with this Home

  • Laurie Whiting

    Seller's Agent in 2018

    Laurie Whiting

    Realty87

    (319) 389-2580

    148 Total Sales

    Laurie Whiting
    Section Image
  • Rossilyn Babington

    Buyer's Agent in 2018

    Rossilyn Babington

    Pinnacle Realty LLC

    (319) 804-5621

    169 Total Sales

    Rossilyn Babington
    Section Image

  • S

    Seller's Agent in 2012

    Sherry Wahl

    Realty87

  • D

    Buyer's Agent in 2012

    Dave Kesterson

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1802352

Cedar Rapids Area Association of REALTORS®

APN: 14243-77010-00000

Iowa Linn County Cedar Rapids 52403

626 40th St SE, Cedar Rapids, IA

This home is located at 626 40th St SE, Cedar Rapids, IA 52403 since 10 April 2018 and is currently estimated at $189,094, approximately $134 per square foot. This property was built in 1963. 626 40th St SE is a home located in Linn County with nearby schools including Erskine Elementary School, McKinley STEAM Academy, 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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