NOT LISTED FOR SALE

650 40th St SE Cedar Rapids, IA 52403

Estimated Value: $187,843 - $195,000

3 Beds
1 Bath
1,320 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2025

Last sale price $184,900 $140 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,237 / mo

6 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Water Softener is Owned
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Dining Room

About This Home

As of April 2025

Don't miss out on this great home on a quiet street and very conveniently located near shopping, groceries and more! Updated vinyl windows, newly poured driveway (2022/2023), updated electrical, 3 bedrooms, 1 bath, dining room with custom built-ins, detached 2 car garage, all appliances to stay including the washer, dryer and water softener, 2016/2017 new furnace & AC per assessor. Hardwood floors in the bedrooms and we believe hardwood in the living area (buyers to verify). This is an estate so no disclosure and being sold as is. Call to set up your showing appointment today!.

Last Agent to Sell the Property

Alicia Porter

RE/MAX Concepts Listed on: 02/19/2025

RE/MAX Concepts

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 5.1x5.1
  • Fenced Yard

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Erskine Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Internet Available
  • Cable TV Available

Community Details

  • Zobacs 5Th Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-24-3-77-013-0-0000

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1320
  • Homebuilder: .
  • Owner Name L F Mi: Shemwell Estate
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: 2/25/25*-accepted offer - continue to show for back up offers
  • Year Built: 1962
  • Subdivision: ZOBACS 5TH ADDITION
  • Directions: Mt. Vernon to 40th St- north of Mt. Vernon Rd
  • L O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Poured Concrete, Full
  • Fireplace Type Location: None
  • Interior R: Cable Available
  • Kitchen Breakfast R: Other
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Don't miss out on this great home on a quiet street and very conveniently located near shopping, groceries and more! Updated vinyl windows, newly poured driveway (2022/2023), updated electrical, 3 bedrooms, 1 bath, dining room with custom built-ins, detached 2 car garage, all appliances to stay including the washer, dryer and water softener, 2016/2017 new furnace & AC per assessor. Hardwood floors in the bedrooms and we believe hardwood in the living area (buyers to verify). This is an estate so no disclosure and being sold as is. Call to set up your showing appointment today!.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1320
  • Total Full Baths: 1
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Owned)
  • Heating Cooling: Gas, Central, Forced Air

Schools

  • High School: Washington
  • Jr Middle School: Mckinley
  • Elementary School: Erskine

Lot Info

  • Acreage: 0.21
  • Geo Subdivision: IA
  • Lot Dimensions: 5.1X5.1
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 14-24-3-77-013-0-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Apr 2, 2025
Sold by
Shemwell Lucas W
Bought by
Giebelstein Gabrielle
Seller's Agent
Alicia Porter
RE/MAX Concepts
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$184,900
Sold Price
$184,900
Views
98
Current Estimated Value
$190,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,561
Avg. Annual Appreciation
2.89%
Original Mortgage
$9,245
Outstanding Balance
$7,225
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$183,236

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 25, 2016
Sold by
Lenoch Jay C and Lenoch Marlene J
Bought by
Shemwell Lucas W
Seller's Agent
Boyd D Potter
POTTER REAL ESTATE
Buyer's Agent
Elsie Grimm
SKOGMAN REALTY
List Price
$124,500
Sold Price
$123,000
Premium/Discount to List
-$1,500
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 30, 2013
Sold by
Mclvor Theresa and Mclvor Theresa A
Bought by
Lenoch Jay C and Lenoch Marlene J
Seller's Agent
Karen Knight
Realty87
Buyer's Agent
Boyd D Potter
POTTER REAL ESTATE
List Price
$94,000
Sold Price
$94,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$94,400
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 8, 2010
Sold by
Melvor John and Melvor Theresa
Bought by
Melvor Theresa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Giebelstein Gabrielle $185,000 River Ridge Escrow
Giebelstein Gabrielle $185,000 River Ridge Escrow
Shemwell Lucas W -- None Available
Lenoch Jay C $94,000 None Available
Melvor Theresa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giebelstein Gabrielle $9,245
Closed Giebelstein Gabrielle $9,245
Open Giebelstein Gabrielle $179,353
Closed Giebelstein Gabrielle $179,353
Previous Owner Lenoch Jay C $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $184,900 0.0% $140 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $184,900 +50.3% $140 / Sq Ft
05/27/2016 05/27/16 Sold $123,000 -1.2% $93 / Sq Ft View Prior Sale
04/22/2016 04/22/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $124,500 +32.4% $94 / Sq Ft
05/01/2013 05/01/13 Sold $94,000 0.0% $95 / Sq Ft View Prior Sale
03/20/2013 03/20/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $94,000 -- $95 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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 $2,714 $187,400 $38,700 $148,700
2024 $3,046 $174,000 $33,800 $140,200
2023 $3,046 $163,800 $33,800 $130,000
2022 $2,698 $153,300 $33,800 $119,500
2021 $2,706 $139,200 $29,000 $110,200
2020 $2,706 $131,200 $22,600 $108,600
2019 $2,428 $121,200 $22,600 $98,600
2018 $2,358 $121,200 $22,600 $98,600
2017 $2,466 $121,800 $22,600 $99,200
2016 $2,402 $113,000 $22,600 $90,400
2015 $2,402 $115,411 $22,554 $92,857
2014 $2,456 $113,716 $25,776 $87,940
2013 $2,368 $113,716 $25,776 $87,940
Source: Public Records

Agents Affiliated with this Home

  • Alicia Porter

    Seller's Agent in 2025

    Alicia Porter

    RE/MAX

    (319) 350-1093

    235 Total Sales

    Alicia Porter
    Section Image

  • N

    Buyer's Agent in 2025

    Nonmember NONMEMBER

    NONMEMBER

  • B

    Seller's Agent in 2016

    Boyd D Potter

    POTTER REAL ESTATE

    (319) 377-5056

    9 Total Sales

    Boyd D Potter
    Section Image

  • E

    Buyer's Agent in 2016

    Elsie Grimm

    SKOGMAN REALTY

  • Karen Knight

    Seller's Agent in 2013

    Karen Knight

    Realty87

    (319) 360-8989

    100 Total Sales

    Karen Knight
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202501145

Iowa City Area Association of REALTORS®

APN: 14243-77013-00000

Iowa Linn County Cedar Rapids 52403

650 40th St SE, Cedar Rapids, IA

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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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