$100,000
SOLD FEB 11, 2021

702 40th St SE Cedar Rapids, IA 52403

3 Beds
2 Baths
1,766 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

10 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Living Room
  • 1 Car Attached Garage

About This Home

As of June 2021

This home is located at 702 40th St SE, Cedar Rapids, IA 52403 and is currently priced at $100,000, approximately $56 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.

Last Agent to Sell the Property

Ryan Eighme

Pinnacle Realty LLC Listed on: 11/23/2020

Pinnacle Realty LLC

Co-Listed By

Adam Green

Pinnacle Realty LLC

Last Buyer's Agent

Beth Mackey

Realty87

Realty87

Home Details

Home Type

  • Single Family

Year Built

  • 1957

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Living Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking

Utilities

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

Home Details

Home Type

Single Family

Year Built

1957

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2000
  • Above Grade Finished Sq Ft: 1290
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 2562
  • List User Cell Phone: 319-721-6099
  • Low Lvl Fin Sq Ft: 476
  • Net Tax: 2562
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 77.52
  • 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: Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Partial, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 1 Car, Attached, Drive Under

Utilities

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

Schools

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

Lot Info

  • Lot Size: 8793

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
$207,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,732
Avg. Annual Appreciation
4.90%
Original Mortgage
$8,495
Outstanding Balance
$5,320
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$202,312

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

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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 $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

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
2024 $881 $194,500 $39,700 $154,800
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2009005

Cedar Rapids Area Association of REALTORS®

APN: 14243-78009-00000