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241 40th St; Cedar Rapids, IA Property Details

241 40th St, Cedar Rapids, IA is a Single Family that was built in 1944. This property is currently Financed and is not for sale. Our records show that 241 40th St has 2 bedrooms, and 1 bathroom, and a total of 1,118 square feet. The lot size of 241 40th St is 7,361 square feet.

Off market
241 40th St NE Cedar Rapids, IA 52402
$94,000 Listing Price
2 Beds
1 Baths
1,118 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1944
  • Purchase Price: $94,000
  • Open Loans / Balance: 2 / $75,872
  • Est. Equity / %: $120,128 / 61.29%
  • Gross Yield: 7.616%
  • APN: 14112-28016-00000
  • Situs County: Linn
  • Length Of Ownership: 13 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,118/SqFt
  • Lot: 7,361/SqFt
  • Gross: 1,657/SqFt
  • Living: 1,118/SqFt
  • Basement: 803/SqFt
  • Building: 1,606/SqFt
  • Ground: 803/SqFt
  • Basement Finished: 315/SqFt
  • Basement Unfinished: 488/SqFt
  • Price Per Square Foot: $84.08

Legal Description

  • Description: A.P. #241 STR/LB 3
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: 42.019287 / -91.63676
  • Subdivision: Auditors 241
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5615
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

241 40th St NE has no associated ownership info
241 40th St NE has no associated ownership info.

Taxes

241 40th St NE has 10 associated Taxes items

241 40th 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 $137,600. The APN we've located for 241 40th St is 14112-28016-00000.

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Taxes
  • Assessed Value:  $137,600
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14112-28016-00000
  • Assessed Land Value:  25700
  • Market Land Value:  25700
  • Tax Amount:  2058
  • Tax Year:  2024
  • Market Value:  137600
  • Market Year:  2025

Tax History

241 40th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $137,600 Land Value $25,700 Improvement Value $111,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $130,800 Land Value $25,700 Improvement Value $105,100 Tax Amount $2,058 Change Rate -0.073807% Assessed CR Tax Rate +0.015734%
Year 2023 Assessed Value $126,800 Land Value $25,700 Improvement Value $101,100 Tax Amount $2,222 Change Rate -0.99% Assessed CR Tax Rate +0.017524%
Year 2022 Assessed Value $114,200 Land Value $23,400 Improvement Value $90,800 Tax Amount $222,200 Change Rate +109.10902% Assessed CR Tax Rate +1.945709%
Year 2021 Assessed Value $106,400 Land Value $20,100 Improvement Value $86,300 Tax Amount $2,018 Change Rate -0.024178% Assessed CR Tax Rate +0.018966%
Year 2020 Assessed Value $102,300 Land Value $20,100 Improvement Value $82,200 Tax Amount $2,068 Change Rate +0.052953% Assessed CR Tax Rate +0.020215%
Year 2019 Assessed Value $96,900 Land Value $21,200 Improvement Value $75,700 Tax Amount $1,964 Change Rate +0.062771% Assessed CR Tax Rate +0.020268%
Year 2018 Assessed Value $96,900 Land Value $21,200 Improvement Value $75,700 Tax Amount $1,848 Change Rate Assessed CR Tax Rate +0.019071%
Year 2017 Assessed Value $102,500 Land Value $21,200 Improvement Value $81,300 Tax Amount $1,848 Change Rate -0.114658% Assessed CR Tax Rate +0.018029%
Year 2016 Assessed Value $98,200 Land Value $21,200 Improvement Value $77,000 Tax Amount $2,087.33 Change Rate +0.064329% Assessed CR Tax Rate +0.021256%
Year 2015 Assessed Value $92,167 Land Value $26,786 Improvement Value $65,381 Tax Amount $1,961.17 Change Rate +0.104262% Assessed CR Tax Rate +0.021278%
Year 2014 Assessed Value $94,211 Land Value $26,786 Improvement Value $67,425 Tax Amount $1,776 Change Rate Assessed CR Tax Rate +0.018851%
Year 2013 Assessed Value $94,211 Land Value $26,786 Improvement Value $67,425 Tax Amount $1,776 Change Rate Assessed CR Tax Rate +0.018851%