$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
$207,147

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

Similar Homes in Cedar Rapids, IA

  • 1557 7th Ave SE, Cedar Rapids, IA 52403

    $120,000

    • 3 Beds
    • 1 Bath
    • 1,344 Sq Ft
    • 1557 7th Ave SE
    • Cedar Rapids, IA

    Looking for a cozy spot in Cedar Rapids? Check out this charming house with 3 bedrooms and 1 bath, it’s just the right size for a family or anyone wanting a comfortable place to call home. Spanning 1,344 sq ft, this home blends classic early 1900s character with some great modern updates — it’s got that warm Iowan feel with a touch of today’s convenience. The hardwood floors and original woodwork

    Diana Salazar Skogman Realty Co.

    Section Image
  • 1206 9th St NW, Cedar Rapids, IA 52405

    $107,000

    • 3 Beds
    • 1.5 Baths
    • 892 Sq Ft
    • 1206 9th St NW
    • Cedar Rapids, IA

    Updated 3 bedroom 1 and 1/2 bath. The main floor features a large primary bedroom, living room, 1/2 bath which can easily be turned into a full bath, with a washer and dryer, an updated kitchen and new floors throughout. The upstairs offers a walk through bedroom and a third bedroom with a full bath and again newer floors. Walk out the back door onto your private porch and enjoy the large

    Steve Irwin Inspirational Realty and Renovation

    Section Image
  • 6410 Creekside Dr NE, Cedar Rapids, IA 52402

    $119,000

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 6410 Creekside Dr NE
    • Cedar Rapids, IA

    Enjoy top-floor living in this charming 900 sq. ft. condo with vaulted ceilings and a cozy gas fireplace. This east-facing unit stays cool in the afternoon while offering fantastic views of a nearby sports complex. The kitchen shines with newer appliances, including a Bosch dishwasher, making meal prep a breeze. Step outside to your private deck—a perfect spot for morning coffee or unwinding

    Chris Boddicker Urban Acres Real Estate Corridor

    Section Image
  • 4121 Lexington Dr NE, Cedar Rapids, IA 52402

    $110,000

    • 2 Beds
    • 1 Bath
    • 1,022 Sq Ft
    • 4121 Lexington Dr NE
    • Cedar Rapids, IA

    Opportunity knocks with this first-floor condo, perfectly located near the golf course, shopping, and easy interstate access! This 2-bedroom, 1-bath unit includes a one-car garage and a private upstairs storage room. Built in 1978, the home is solid. Enjoy an extended covered patio—great for morning coffee or evening unwinding. Inside, it’s ready for your updates: bring your vision for fresh

    Chris Boddicker Urban Acres Real Estate Corridor

    Section Image
  • 3513 E Ave NW Unit F, Cedar Rapids, IA 52405

    $90,000

    • 2 Beds
    • 2 Baths
    • 975 Sq Ft
    • 3513 E Ave NW
    • Unit F
    • Cedar Rapids, IA

    Charming 2-bedroom, 2-bath condo in a great location just off Edgewood Rd—close to walking trails, restaurants, shopping, and more! This 3-floor unit offers a bright, open layout with vaulted ceilings and a walkout to a private deck, perfect for relaxing summer evenings. Enjoy low-maintenance living—lawn care, snow removal, and trash are all taken care of by the HOA. Pets are welcome, and the

    Diana Salazar Skogman Realty Co.

    Section Image
  • 1158 28th St SE, Cedar Rapids, IA 52403

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,144 Sq Ft
    • 1158 28th St SE
    • Cedar Rapids, IA

    Adorable home, updated after derecho. Newer kitchen and bathroom updates. Hardwood floors in the living room/ foyer / dining room. Partially fenced back yard (side fences are owned by the neighbors). New roof in 2021. HVAC system is serviced in 2024. Off street parking. Newer vinyl siding. New sump pump 2024.

    Pam Wagner Keller Williams Legacy Group

    Section Image
  • 1915 Higley Ave SE, Cedar Rapids, IA 52403

    $110,000

    • 2 Beds
    • 1 Bath
    • 748 Sq Ft
    • 1915 Higley Ave SE
    • Cedar Rapids, IA

    Super cute SE side bungalow! Much of the original trim and built-ins are still intact. Kitchen repainted at time of listing. Two bedrooms, full bathroom, beautiful dining room and living room with plenty of natural light all on main floor. Finished upper level could be used as additional living space. Enclosed front porch. 1-car garage plus concrete off-street parking pad. Easy access to Med

    Lena Gilbert SKOGMAN REALTY

    Section Image
  • 1041 19th St SE, Cedar Rapids, IA 52403

    $89,000

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 1041 19th St SE
    • Cedar Rapids, IA

    Affordable Charm in SE Cedar Rapids! This 2-bedroom, 1-bath single-family home is the perfect opportunity for a first-time homebuyer or savvy investor. Priced at just $89,000, it offers peace of mind with major updates already taken care of — including a 5-year-old roof, furnace, A/C, and water heater. Enjoy a functional layout, low-maintenance exterior, and a location close to schools, parks,

    Jeremy Trenkamp Realty87

    Section Image
  • 1828 7th Ave SE, Cedar Rapids, IA 52403

    $125,000

    • 2 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 1828 7th Ave SE
    • Cedar Rapids, IA

    Your first home should feel like home and this one delivers.This charming 2-bed, 2-bath Craftsman in Wellington Heights is full of personality, with hardwood floors, a cozy front porch, and thoughtful updates including a brand-new furnace and water heater. The basement gives you room to grow, and the backyard is a hidden gem with fenced-in garden beds, a fruit tree, grapevine, and a private

    Brian Hoel SKOGMAN REALTY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2009005

Cedar Rapids Area Association of REALTORS®

APN: 14243-78009-00000