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298 40th St; Cedar Rapids, IA Property Details

298 40th St, Cedar Rapids, IA is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 298 40th St has 2 bedrooms, and 2.25 bathrooms, and a total of 1,957 square feet. The lot size of 298 40th St is 7,056 square feet.

Off market
298 40th St NE Cedar Rapids, IA 52402
$125,000 Listing Price
2 Beds
2.25 Baths
1,957 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $125,000
  • Open Loans / Balance: 1 / $132,674
  • Est. Equity / %: $93,326 / 41.29%
  • Gross Yield: 8.995%
  • APN: 14112-27019-00000
  • Situs County: Linn
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.25
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,957/SqFt
  • Lot: 7,056/SqFt
  • Gross: 2,366/SqFt
  • Living: 1,957/SqFt
  • Basement: 1,157/SqFt
  • Building: 2,314/SqFt
  • Ground: 1,157/SqFt
  • Basement Finished: 800/SqFt
  • Basement Unfinished: 357/SqFt
  • Price Per Square Foot: $63.87

Legal Description

  • Description: CEDAR VIEW LOT 13 & N 47.93 E 2 STR/LB 14
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: 42.019733 / -91.63739
  • Subdivision: Cedar View
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5616
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

298 40th St NE has no associated ownership info
298 40th St NE has no associated ownership info.

Taxes

298 40th St NE has 10 associated Taxes items

298 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 $205,300. The APN we've located for 298 40th St is 14112-27019-00000.

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Taxes
  • Assessed Value:  $205,300
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14112-27019-00000
  • Assessed Land Value:  31300
  • Market Land Value:  31300
  • Tax Amount:  3178
  • Tax Year:  2024
  • Market Value:  205300
  • Market Year:  2025

Tax History

298 40th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $205,300 Land Value $31,300 Improvement Value $174,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $196,400 Land Value $31,300 Improvement Value $165,100 Tax Amount $3,178 Change Rate -0.058091% Assessed CR Tax Rate +0.016181%
Year 2023 Assessed Value $190,000 Land Value $31,300 Improvement Value $158,700 Tax Amount $3,374 Change Rate -0.99% Assessed CR Tax Rate +0.017758%
Year 2022 Assessed Value $168,800 Land Value $28,600 Improvement Value $140,200 Tax Amount $337,400 Change Rate +108.474365% Assessed CR Tax Rate +1.998815%
Year 2021 Assessed Value $157,700 Land Value $24,500 Improvement Value $133,200 Tax Amount $3,082 Change Rate -0.024684% Assessed CR Tax Rate +0.019543%
Year 2020 Assessed Value $151,800 Land Value $24,500 Improvement Value $127,300 Tax Amount $3,160 Change Rate +0.05615% Assessed CR Tax Rate +0.020817%
Year 2019 Assessed Value $143,100 Land Value $25,900 Improvement Value $117,200 Tax Amount $2,992 Change Rate +0.0625% Assessed CR Tax Rate +0.020908%
Year 2018 Assessed Value $143,100 Land Value $25,900 Improvement Value $117,200 Tax Amount $2,816 Change Rate Assessed CR Tax Rate +0.019679%
Year 2017 Assessed Value $150,500 Land Value $25,900 Improvement Value $124,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $143,900 Land Value $25,900 Improvement Value $118,000 Tax Amount $3,059.33 Change Rate +0.031755% Assessed CR Tax Rate +0.02126%
Year 2015 Assessed Value $139,376 Land Value $32,703 Improvement Value $106,673 Tax Amount $2,965.17 Change Rate +0.066608% Assessed CR Tax Rate +0.021275%
Year 2014 Assessed Value $142,710 Land Value $32,703 Improvement Value $110,007 Tax Amount $2,780 Change Rate -0.002154% Assessed CR Tax Rate +0.01948%
Year 2013 Assessed Value $142,710 Land Value $32,703 Improvement Value $110,007 Tax Amount $2,786 Change Rate Assessed CR Tax Rate +0.019522%