$93,000
SOLD OCT 15, 2012

626 40th St SE Cedar Rapids, IA 52403

3 Beds
2 Baths
1,405 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

6% Below List Price

32 Days on Market

Highlights

  • Raised Ranch Architecture
  • Forced Air Cooling System
  • Combination Kitchen and Dining Room
  • 2 Car Garage
  • Living Room

About This Home

As of May 2018

ALL NEW PAINT INSIDE AND OUT. HUGE LIVING ROOM WITH NEW CARPET AND LOTS OF WINDOWS. BEDROOMS HAVE HARDWOOD FLOORS UNDER THE CARPET. COVED CEILINGS AND PLASTER WALLS. FORMAL DINING AREA. 1 CAR DRIVE UNDER GARAGE ATTACHED AND A 2 STALL DETACHED. APPLIANCES INCLUDED. LOWER LEVEL INCLUDES WORKSHOP AREA, FULL BATH AND ACCESS TO DRIVE UNDER GARAGE. UPDATED ELECTRICAL PANEL. PROPERTY IS AN ESTATE BEING SOLD "AS IS-WHERE IS -- NO EXCEPTIONS EXPRESSED OR IMPLIED".

Last Agent to Sell the Property

Sherry Wahl

Realty87 Listed on: 08/03/2012

Last Buyer's Agent

Dave Kesterson

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • 1963

Lot Details

  • Lot Dimensions are 68 x 118

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

1963

Lot Details

0

Listing Details

  • Style: Raised Ranch, Ranch
  • Above Grade Finished Sq Ft: 987
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 1658
  • List User Cell Phone: 319-350-4223
  • Low Lvl Fin Sq Ft: 418
  • Net Tax: 1658
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97895
  • Ratio Close Price By Original Li: 0.93939
  • Ratio Current Price By Sq Ft: 94.22
  • Total Sq Ft: 1405
  • Tax Roll Number: 142437701000000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances Included: Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Partial
  • 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: 1 Car, 2 Cars, Attached, Detached
  • Garage Size: 400

Utilities

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

Schools

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

Lot Info

  • Lot Size: 68 X 118

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
$192,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,650
Outstanding Balance
$8,151
Interest Rate
3.2%
Mortgage Type
Stand Alone Second
Estimated Equity
$184,639

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
7.76%
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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $146,500 None Available
Warranty Deed $113,000 None Available
Legal Action Court Order $93,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,650 Stand Alone Second
Open $131,850 New Conventional
Previous Owner $113,000 Future Advance Clause Open End Mortgage
Previous Owner $89,000 VA
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
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1205832

Cedar Rapids Area Association of REALTORS®

APN: 14243-77010-00000