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1240 Center St; Cedar Rapids, IA Property Details

1240 Center St, Cedar Rapids, IA is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 1240 Center St has 3 bedrooms, and 2 bathrooms, and a total of 1,238 square feet. The lot size of 1240 Center St is 7,405 square feet.

Off market
1240 Center St NE Cedar Rapids, IA 52402
$151,000 Listing Price
3 Beds
2 Baths
1,238 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1954
  • Purchase Price: $151,000
  • Open Loans / Balance: 1 / $131,839
  • Est. Equity / %: $61,161 / 31.69%
  • Gross Yield: 8.301%
  • APN: 14103-28028-00000
  • Situs County: Linn
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,238/SqFt
  • Lot: 7,405/SqFt
  • Gross: 1,784/SqFt
  • Living: 1,238/SqFt
  • Basement: 768/SqFt
  • Building: 1,764/SqFt
  • Ground: 996/SqFt
  • Basement Finished: 242/SqFt
  • Basement Unfinished: 526/SqFt
  • Price Per Square Foot: $121.97

Legal Description

  • Description: A.P. #141 E53 N140 S160 STR/LB 43
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 42.012318 / -91.6541
  • Subdivision: Auditors Plat No 141
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3538
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

1240 Center St NE has no associated ownership info
1240 Center St NE has no associated ownership info.

Taxes

1240 Center St NE has 10 associated Taxes items

1240 Center St, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $153,700. The APN we've located for 1240 Center St is 14103-28028-00000.

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Taxes
  • Assessed Value:  $153,700
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14103-28028-00000
  • Assessed Land Value:  25200
  • Market Land Value:  25200
  • Tax Amount:  2208
  • Tax Year:  2024
  • Market Value:  153700
  • Market Year:  2025

Tax History

1240 Center St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $153,700 Land Value $25,200 Improvement Value $128,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $146,100 Land Value $25,200 Improvement Value $120,900 Tax Amount $2,208 Change Rate -0.089109% Assessed CR Tax Rate +0.015113%
Year 2023 Assessed Value $135,200 Land Value $23,900 Improvement Value $111,300 Tax Amount $2,424 Change Rate -0.99% Assessed CR Tax Rate +0.017929%
Year 2022 Assessed Value $123,800 Land Value $23,900 Improvement Value $99,900 Tax Amount $242,400 Change Rate +104.208336% Assessed CR Tax Rate +1.957997%
Year 2021 Assessed Value $111,200 Land Value $22,500 Improvement Value $88,700 Tax Amount $2,304 Change Rate -0.012853% Assessed CR Tax Rate +0.020719%
Year 2020 Assessed Value $105,800 Land Value $17,200 Improvement Value $88,600 Tax Amount $2,334 Change Rate +0.027289% Assessed CR Tax Rate +0.02206%
Year 2019 Assessed Value $101,300 Land Value $17,200 Improvement Value $84,100 Tax Amount $2,272 Change Rate +0.108293% Assessed CR Tax Rate +0.022428%
Year 2018 Assessed Value $101,300 Land Value $17,200 Improvement Value $84,100 Tax Amount $2,050 Change Rate Assessed CR Tax Rate +0.020237%
Year 2017 Assessed Value $96,200 Land Value $17,200 Improvement Value $79,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $96,200 Land Value $17,200 Improvement Value $79,000 Tax Amount $2,044 Change Rate +0.020979% Assessed CR Tax Rate +0.021247%
Year 2015 Assessed Value $94,052 Land Value $15,900 Improvement Value $78,152 Tax Amount $2,002 Change Rate Assessed CR Tax Rate +0.021286%
Year 2014 Assessed Value $94,052 Land Value $15,900 Improvement Value $78,152 Tax Amount $2,002 Change Rate +0.022472% Assessed CR Tax Rate +0.021286%
Year 2013 Assessed Value $94,052 Land Value $15,900 Improvement Value $78,152 Tax Amount $1,958 Change Rate Assessed CR Tax Rate +0.020818%