NOT LISTED FOR SALE

707 40th St SE Cedar Rapids, IA 52403

Estimated Value: $187,000 - $221,000

2 Beds
2.5 Baths
2,278 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $80,000 $35 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,383/month

705 Days on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • Forced Air Cooling System
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Patio

About This Home

As of August 2016

Well maintained 1.5 story clean two bedroom home with nearly 2300 finished sq. ft. Just installed new Lennox 95% High-Efficiency furnace 2/22/2016. Nice floor plan which includes kitchen with laminate flooring, living room, formal dining room, and large family room. The brick patio is just off the dining room for your outdoor entertaining. The bedroom on the upper level is spacious with an abundance of storage. The exterior includes vinyl siding and some newer windows. The garage is an oversized two stall deep garage with tons of storage. Home needs some updating but potential to make a beautiful home. Great location near shopping, restuarants, and only a few minutes to downtown. All appliances included and sellers are providing HSA Home Warranty for new owners! Priced to sell below assessed value!

Last Listed By

Steve Schroeder

SKOGMAN REALTY Listed on: 07/21/2014

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • Lot Dimensions are 70 x 125
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1678
  • Total Bathrooms: 2.10
  • Total Bedrooms: 2
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2471
  • List User Cell Phone: 319-360-5725
  • Low Lvl Fin Sq Ft: 600
  • Miscellaneous: Cable Ready, Fencing, Home Warranty, Patio
  • Net Tax: 2286
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.84255
  • Ratio Close Price By Original Li: 0.69565
  • Ratio Current Price By Sq Ft: 47.68
  • Total Sq Ft: 2278
  • Tax Roll Number: 142437901700000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 2 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 7

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 576

Utilities

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

Schools

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

Lot Info

  • Lot Size: 70 X 125

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Aug 15, 2016
Sold by
Hopkins Raymond L
Bought by
Beaster Enterprises Llc
Seller's Agent
Steve Schroeder
SKOGMAN REALTY
Buyer's Agent
Paul Pate
SKOGMAN REALTY
List Price
$115,000
Sold Price
$80,000
Premium/Discount to List
-$35,000
-30.43%
Total Days on Market
705
Current Estimated Value
$203,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,059

Range of Values:

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Average Value
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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
Beaster Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaster Enterprises Llc $190,000
Closed Beaster Enterprises Llc $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $80,000 -30.4% $35 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
07/21/2014 07/21/14 For Sale $115,000 -- $50 / 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 $3,080 $159,000 $32,700 $126,300
2022 $2,746 $146,000 $32,700 $113,300
2021 $2,772 $132,600 $28,100 $104,500
2020 $2,772 $125,600 $21,800 $103,800
2019 $2,500 $116,000 $21,800 $94,200
2018 $2,432 $116,000 $21,800 $94,200
2017 $2,209 $115,700 $21,800 $93,900
2016 $2,209 $107,300 $21,800 $85,500
2015 $2,024 $119,472 $21,829 $97,643
2014 $2,286 $121,097 $24,948 $96,149
2013 $2,266 $121,097 $24,948 $96,149
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steve Schroeder

    SKOGMAN REALTY

    Section Image
  • Paul Pate

    Buyer's Agent in 2016

    Paul Pate

    SKOGMAN REALTY

    (319) 981-3373

    41 Total Sales

    Paul Pate
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1405042

Cedar Rapids Area Association of REALTORS®

APN: 14243-79017-00000

Iowa Linn County Cedar Rapids 52403

707 40th St SE, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 707 40th St SE, Cedar Rapids, IA 52403 since 21 July 2014 and is currently estimated at $203,059, approximately $89 per square foot. This property was built in 1955. 707 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.
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