3 months on rocket

400 1st St SE Unit 306, Cedar Rapids, IA, 52401

$81,000

Home List Price

$962*

Closing Credit

2 Bedrooms
2 Full Baths
870 SqFt
$93/SqFt
Condo
Schools Nearby

Location

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400 1st St SE Unit 306, Cedar Rapids$81,000

Buyer Closing Credits

$962*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage, On Street
Garage1 space
Year Built1990
MLS #2400264
StatusActive

About 400 1st St SE Unit 306

You will have an opportunity to put your own spin on a perfectly located condo in downtown Cedar Rapids just blocks away from entertainment, shopping, and eateries. This great size condo is a excellent for the person who wants to be near the action or the person who wants to buy an investment property. The unit will get a new paint job prior to closing. All you need to do is put the new floors in, enjoy the nice view, and you will have a very nice investment. Additional amenities include a fitness center, roof terrace, and laundry facility. The property is listed below assessed value and lower than other similar units in the building due to the repairs needed. Seller Financing a possibility. Set your showing and buy today!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1990
  • Living Area: 870 SqFt

Listing Office:

  • Office Name: Pinnacle Realty LLC
  • Office Phone: (319) 393-0900
  • Listing Agent: Jerome Edwards

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave, Range
  • Basement: No
  • Interior: Bath in Primary Bedroom, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage, On Street

Virtual/3D Tour

  • Virtual Tour: 400 1st St SE Unit 306

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School Info

Assigned Schools Information:

  • George Washington High School, Public District Grades 9-12
  • McKinley Middle School, Public District Grades 6-8
  • Grant Wood Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $81,000
  • Price Per SqFt: $93/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Cedar Rapids, IA.

Med. Sold Price

$188.2K

Med. Price/SqFt

$123

Avg. Days On Market

38

# of Sold Homes

138

400 1st St SE Unit 306 vs Cedar Rapids

107 DAYS ON ROCKET

+69 Days

$81,000

-$107.2K Less

$93/SqFt

-$30 Less

KEY TAKEAWAY

This property is $107.2K less than the Median Sold Price and $30/SqFt less than other homes in Cedar Rapids, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2400264

Listing Office:

  • Office Name: Pinnacle Realty LLC
  • Office Phone: (319) 393-0900
  • Listing Agent: Jerome Edwards

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' 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 Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$622

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$309

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2686101
1
/10
  • Grant Wood Elementary School

  • 645 26th St SE

  • 1.78 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2686102
2
/10
  • McKinley Middle School

  • 620 10th St SE

  • 0.71 miles

  • Public District Grades 6-8

High School

school-card-donut-2686103
3
/10
  • George Washington High School

  • 2205 Forest Dr SE

  • 2.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,787. Most Cedar Rapids, IA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 1st St SE Unit 306

What is the listing price of this property?

The listing price of 400 1st St SE Unit 306 property is $81,000.

What type of property is this?

The property 400 1st St SE Unit 306 is a condo located in Cedar Rapids, Iowa, 52401.

Is this property for sale now?

Active Listing: 400 1st St SE Unit 306 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 400 1st St SE Unit 306 are:
Grant Wood Elementary School: GreatSchools Rating 1/10
McKinley Middle School: GreatSchools Rating 2/10
George Washington High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 400 1st St SE Unit 306 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 400 1st St SE Unit 306 is 870 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 1st St SE Unit 306 is 1990.

Rocket HomesIowaLinn CountyCedar Rapids52401400 1st St SE Unit 306

This home is located at 400 1st St SE Unit 306 in Cedar Rapids, IA and zip code 52401 in the Oakhill Jackson neighborhood. This 870 square foot home was built in 1990. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $81,000.

In March 2024, from all listings sold in Cedar Rapids, IA there were more than 26 sold above asking price, over 74 sold below and more than 38 were sold right at the asked price. Between February 2024 and March 2024, Cedar Rapids, IA real estate market has seen increase in the number of listings by 9%. The median list price of listings available in March 2024 was $188,207, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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