702 40th St SE Cedar Rapids, IA 52403
3
Beds
2
Baths
1,766
Sq Ft
1957
Built
Highlights
- Ranch Style House
- Eat-In Kitchen
- Patio
- 1 Car Attached Garage
- Forced Air Cooling System
- Living Room
About This Home
As of June 2021New 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.
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<<rangeHoodToken>>
- <<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
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
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
5.00%
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $170,000 | None Available | |
| Warranty Deed | $100,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $69,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,495 | Stand Alone Second | |
| Open | $152,910 | New Conventional | |
| Previous Owner | $80,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $103,700 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $97,600 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $99,600 | Unknown |
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
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
-
Beth Mackey
B
Seller's Agent in 2021
Beth Mackey
Realty87
(319) 491-6388
135 Total Sales
-
Ryan Eighme
Seller's Agent in 2021
Ryan Eighme
Pinnacle Realty LLC
(319) 721-6099
136 Total Sales
-
Adam Green
Seller Co-Listing Agent in 2021
Adam Green
Pinnacle Realty LLC
(319) 721-3103
197 Total Sales
-
Joe Conner
J
Buyer's Agent in 2021
Joe Conner
SKOGMAN REALTY
(319) 721-0463
22 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2103129
APN: 14243-78009-00000
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