NOT LISTED FOR SALE

702 40th St SE Cedar Rapids, IA 52403

Estimated Value: $196,000 - $215,000

3 Beds
2 Baths
1,766 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $169,900 $96 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,218/month

13 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Patio
  • 1 Car Attached Garage
  • Forced Air Cooling System
  • Living Room

About This Home

As of June 2021

New roof, furnace, water heater, flooring and paint. This one also has a shiny new kitchen with solid surface countertops, stainless steel appliances and custom cabinets. There's plenty of space with three bedrooms and a huge bonus room off the kitchen for office or family room. The basement has been finished and is a great hangout space...there's a nonconforming 4th bedroom and a storage room. Conveniently located to grocery stores and restaurants with easy access to downtown and highway 13.

Last Agent to Sell the Property

Beth Mackey

Realty87 Listed on: 05/13/2021

Realty87

Last Buyer's Agent

Joe Conner

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • 1957

Lot Details

  • Lot Dimensions are 95 x 89
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

1957

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1290
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 2836
  • List User Cell Phone: 319-491-6388
  • Low Lvl Fin Sq Ft: 476
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 2647
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.94916
  • Ratio Current Price By Sq Ft: 131.71
  • Total Sq Ft: 1766
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Family, Living Room
  • Basement: Full
  • 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, Attached, Drive Under
  • Garage Size: 1 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 95 X 89

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 27, 2021
Sold by
Blackford Charles and Blackford Rachel A
Bought by
Burgess Emily H and Burgess Mark
Seller's Agent
Beth Mackey
Realty87
Buyer's Agent
Joe Conner
SKOGMAN REALTY
List Price
$179,000
Sold Price
$169,900
Premium/Discount to List
-$9,100
-5.08%
Current Estimated Value
$207,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,247
Avg. Annual Appreciation
5.04%
Original Mortgage
$8,495
Outstanding Balance
$5,594
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$201,553

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 9, 2021
Sold by
Lk Properties Llc
Bought by
Blackford Charles and Blackford Rachel
Seller's Agent
Ryan Eighme
Pinnacle Realty LLC
Buyer's Agent
Beth Mackey
Realty87
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
303.43%
Original Mortgage
$80,000
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Etzel Steven C and Etzel Teresa M
Bought by
Ask Inc

Purchase Details

Closed on
May 17, 2000
Sold by
Bank Of America Nt & Sa
Bought by
Etzel Steven C and Etzel Teresa M
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
Burgess Emily H $170,000 None Available
Blackford Charles $100,000 None Available
Ask Inc -- --
Etzel Steven C $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Mark $8,495
Open Burgess Emily H $152,910
Previous Owner Blackford Charles $80,000
Previous Owner Lkj Enterprises Llc $103,700
Previous Owner Lkj Enterprises Llc $97,600
Previous Owner Ask Inc $99,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $169,900 0.0% $96 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/25/2021 05/25/21 Price Changed $169,900 -5.1% $96 / Sq Ft
05/13/2021 05/13/21 For Sale $179,000 +79.0% $101 / Sq Ft
02/11/2021 02/11/21 Sold $100,000 0.0% $57 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $100,000 -- $57 / 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 $881 $183,200 $39,700 $143,500
2022 $881 $176,400 $39,700 $136,700
2021 $881 $128,900 $34,000 $94,900
2020 $2,562 $124,300 $26,500 $97,800
2019 $2,488 $115,400 $26,500 $88,900
2018 $2,418 $115,400 $26,500 $88,900
2017 $2,254 $113,700 $26,500 $87,200
2016 $2,254 $106,000 $26,500 $79,500
2015 $2,494 $117,244 $26,476 $90,768
2014 $2,569 $113,729 $30,258 $83,471
2013 $1,950 $113,729 $30,258 $83,471
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Beth Mackey

    Realty87

    (319) 491-6388

    135 Total Sales

    Beth Mackey
    Section Image
  • Ryan Eighme

    Seller's Agent in 2021

    Ryan Eighme

    Pinnacle Realty LLC

    (319) 721-6099

    137 Total Sales

    Ryan Eighme
    Section Image
  • Adam Green

    Seller Co-Listing Agent in 2021

    Adam Green

    Pinnacle Realty LLC

    (319) 721-3103

    195 Total Sales

    Adam Green
    Section Image

  • J

    Buyer's Agent in 2021

    Joe Conner

    SKOGMAN REALTY

    (319) 721-0463

    22 Total Sales

    Joe Conner
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103129

Cedar Rapids Area Association of REALTORS®

APN: 14243-78009-00000

Iowa Linn County Cedar Rapids 52403

702 40th St SE, Cedar Rapids, IA

This home is located at 702 40th St SE, Cedar Rapids, IA 52403 since 13 May 2021 and is currently estimated at $207,147, approximately $117 per square foot. This property was built in 1957. 702 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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