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1401 Memorial Drive Southeast

1401 Memorial Drive Southeast, Cedar Rapids, IA 52403
Property in Linn
Sold Aug 22, 2018
$142,500
$128,250 by University Of Iowa Community C
Mortgage Due Sep 01, 2048
Sold Jul 22, 2005
$125,500
$125,900 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2035
Local assessors in Cedar Rapids, IA have categorized 1401 Memorial Drive Southeast as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 590 ft and the front of the lot was measured at 650 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1401 Memorial Drive Southeast has a total of 1,260 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,260 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Aug 17, 2018 for $142,500. That's $113.10 per sqft. Prior to that sales transaction, the property was also sold in Jul 18, 2005 for $125,500. 1401 Memorial Drive Southeast was last assessed in 2023. The total value of the property was assessed at $181,800. Specifically, the land the property is located on was valued at $29,000. While improvements on the property were assessed at a total of $152,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,278. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Type: Full basement
  • Basement Area: 1,260
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 590
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,260
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK FOREST 2ND
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK FOREST 2ND LOT 7

Ownership

  • Current Owner : MANN JASON
  • Current Owner 2: MANN ELIZABETH
  • Previous Owner : BACCAM NICOLE M
  • Previous Owner 2: BACCAM BOUNHEUANG
  • Owner Before Previous Owner: KUBA MATTHEW E
  • Owner Before Previous Owner 2: KUBA KATHLEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cedar Rapids Community School District
  • School Tax School District: CEDAR RAPIDS
  • Census Tract: 002800

Geography

  • Parcel: 14-26-2-76-016-0-0000
  • Lot: 7
  • Meridian: SEC 26 TWN 83N RNG 7W
  • Municipality: CEDAR RAPIDS
  • Latitude: 41.9718
  • Longitude: -91.6287

    Address

  • Full Address: 1401 Memorial Dr Se
  • Address - House Number: 1401
  • Street Segment Direction: SE
  • Address - Street Name: Memorial
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Cedar Rapids
  • Carrier Code: C064
  • 4-Digit Zip Code: 4122
  • Zip Code: 52403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,278
  • Tax Rate Code Area: CEDAR RAPI

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 205,273
  • High Value: 240,571
  • Low Value: 169,975

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,250
  • First Open Lien Mortgage Lender: UNIVERSITY OF IOWA COMMUNITY C
  • First Open Lien Mortgage Recording Date: Aug 22, 2018
  • First Open Lien Mortgage Loan Amount: $128,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $181,800
  • Market Land Value: $29,000
  • Market Improvement Value: $152,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,800
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $152,800

    Sales

  • Current Sale Contract Date: Aug 17, 2018
  • Current Sale Recording Date: Aug 22, 2018
  • Current Sale Transaction ID: 11532077258
  • Current Sale Price: $142,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 22, 2005
  • Previous Sale Contract Date: Jul 18, 2005
  • Previous Sale Amount: $125,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY OF IOWA COMMUNITY C
  • First Mortgage Transaction Date: Aug 22, 2018
  • First Mortgage Loan Amount: $128,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 22, 2005
  • Previous Mortgage Loan Amount: $125,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Cedar Rapids



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Frequently Asked Questions

What neighborhood is 1401 Memorial Drive Southeast located in?
The 1401 Memorial Drive Southeast is a located in the neighborhood of Linn in Cedar Rapids, Cedar Rapids.
What is the average sales price for listings in 1401 Memorial Drive Southeast?
The average sales price for units in 1401 Memorial Drive Southeast is $0 currently.

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