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2040 Carolina Dr; Cedar Rapids, IA Property Details

2040 Carolina Dr, Cedar Rapids, IA is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 2040 Carolina Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,482 square feet. The lot size of 2040 Carolina Dr is 9,234 square feet.

Off market
2040 Carolina Dr NE Cedar Rapids, IA 52402
$205,000 Listing Price
3 Beds
1.5 Baths
1,482 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1961
  • Purchase Price: $205,000
  • Open Loans / Balance: 1 / $158,726
  • Est. Equity / %: $74,274 / 31.88%
  • Gross Yield: 9.986%
  • APN: 14092-79025-00000
  • Situs County: Linn
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,482/SqFt
  • Lot: 9,234/SqFt
  • Gross: 2,964/SqFt
  • Living: 1,482/SqFt
  • Basement: 1,482/SqFt
  • Building: 2,964/SqFt
  • Ground: 1,482/SqFt
  • Price Per Square Foot: $138.33

Legal Description

  • Description: TIMBER RIDGE 2ND LOT 26 & E 6.87 STR/LB 27
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: 42.016785 / -91.66921
  • Subdivision: Timber Ridge 2nd
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2823
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

2040 Carolina Dr NE has no associated ownership info
2040 Carolina Dr NE has no associated ownership info.

Taxes

2040 Carolina Dr NE has 10 associated Taxes items

2040 Carolina Dr, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $221,100. The APN we've located for 2040 Carolina Dr is 14092-79025-00000.

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Taxes
  • Assessed Value:  $221,100
  • Assessed Year:  2026
  • Assessed County:  Linn
  • APN:  14092-79025-00000
  • Assessed Land Value:  44300
  • Market Land Value:  44300
  • Tax Amount:  3446
  • Tax Year:  2025
  • Market Value:  221100
  • Market Year:  2026

Tax History

2040 Carolina Dr NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $221,100 Land Value $44,300 Improvement Value $176,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,446 Change Rate +0.07352% Assessed CR Tax Rate
Year 2024 Assessed Value $200,500 Land Value $40,700 Improvement Value $159,800 Tax Amount $3,210 Change Rate -0.056437% Assessed CR Tax Rate +0.01601%
Year 2023 Assessed Value $200,500 Land Value $40,700 Improvement Value $159,800 Tax Amount $3,402 Change Rate -0.99% Assessed CR Tax Rate +0.016968%
Year 2022 Assessed Value $173,600 Land Value $35,400 Improvement Value $138,200 Tax Amount $340,200 Change Rate +108.88372% Assessed CR Tax Rate +1.959677%
Year 2021 Assessed Value $161,800 Land Value $33,600 Improvement Value $128,200 Tax Amount $3,096 Change Rate -0.020253% Assessed CR Tax Rate +0.019135%
Year 2020 Assessed Value $155,100 Land Value $30,100 Improvement Value $125,000 Tax Amount $3,160 Change Rate +0.029316% Assessed CR Tax Rate +0.020374%
Year 2019 Assessed Value $146,800 Land Value $28,300 Improvement Value $118,500 Tax Amount $3,070 Change Rate +0.08711% Assessed CR Tax Rate +0.020913%
Year 2018 Assessed Value $146,800 Land Value $28,300 Improvement Value $118,500 Tax Amount $2,824 Change Rate Assessed CR Tax Rate +0.019237%
Year 2017 Assessed Value $141,900 Land Value $28,300 Improvement Value $113,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $138,500 Land Value $28,300 Improvement Value $110,200 Tax Amount $2,873.33 Change Rate -0.013676% Assessed CR Tax Rate +0.020746%
Year 2015 Assessed Value $140,236 Land Value $31,876 Improvement Value $108,360 Tax Amount $2,913.17 Change Rate +0.067878% Assessed CR Tax Rate +0.020773%
Year 2014 Assessed Value $140,236 Land Value $31,876 Improvement Value $108,360 Tax Amount $2,728 Change Rate +0.024024% Assessed CR Tax Rate +0.019453%
Year 2013 Assessed Value $140,236 Land Value $31,876 Improvement Value $108,360 Tax Amount $2,664 Change Rate Assessed CR Tax Rate +0.018997%