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323 40th St; Cedar Rapids, IA Property Details

323 40th St, Cedar Rapids, IA is a Single Family that was built in 1947. This property is currently a cash purchase and is not for sale. Our records show that 323 40th St has 2 bedrooms, and 1 bathroom, and a total of 776 square feet. The lot size of 323 40th St is 5,619 square feet.

Off market  •   Bankruptcy ✓
323 40th St NE Cedar Rapids, IA 52402
$106,800 Estimated Value
2 Beds
1 Baths
776 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1947
  • Purchase Price: $13,500
  • Est. Equity / %: $149,000 / 100%
  • Gross Yield: 9.028%
  • APN: 14112-29004-00000
  • Situs County: Linn
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 776/SqFt
  • Lot: 5,619/SqFt
  • Gross: 801/SqFt
  • Living: 776/SqFt
  • Building: 776/SqFt
  • Ground: 776/SqFt
  • Price Per Square Foot: $17.40

Legal Description

  • Description: BELMONT STR/LB 120
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: 42.019196 / -91.638275
  • Subdivision: Belmont
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5617
  • Bathroom Fixtures: 3
  • Cooling: None
  • Heating: Forced air unit

Ownership Info

323 40th St NE has no associated ownership info
323 40th St NE has no associated ownership info.

Taxes

323 40th St NE has 10 associated Taxes items

323 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 $106,800. The APN we've located for 323 40th St is 14112-29004-00000.

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Taxes
  • Assessed Value:  $106,800
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14112-29004-00000
  • Assessed Land Value:  26200
  • Market Land Value:  26200
  • Tax Amount:  1832
  • Tax Year:  2024
  • Market Value:  106800
  • Market Year:  2025

Tax History

323 40th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $106,800 Land Value $26,200 Improvement Value $80,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $103,500 Land Value $26,200 Improvement Value $77,300 Tax Amount $1,832 Change Rate +31.714287% Assessed CR Tax Rate +0.0177%
Year 2023 Assessed Value $103,500 Land Value $26,200 Improvement Value $77,300 Tax Amount $56 Change Rate -0.99% Assessed CR Tax Rate +0.000541%
Year 2022 Assessed Value $94,500 Land Value $26,200 Improvement Value $68,300 Tax Amount $5,600 Change Rate +72.68421% Assessed CR Tax Rate +0.059259%
Year 2021 Assessed Value $85,500 Land Value $21,000 Improvement Value $64,500 Tax Amount $76 Change Rate -0.061728% Assessed CR Tax Rate +0.000889%
Year 2020 Assessed Value $38,800 Land Value $18,900 Improvement Value $19,900 Tax Amount $81 Change Rate -0.935096% Assessed CR Tax Rate +0.002088%
Year 2019 Assessed Value $53,900 Land Value $16,800 Improvement Value $37,100 Tax Amount $1,248 Change Rate +0.104425% Assessed CR Tax Rate +0.023154%
Year 2018 Assessed Value $53,900 Land Value $16,800 Improvement Value $37,100 Tax Amount $1,130 Change Rate Assessed CR Tax Rate +0.020965%
Year 2017 Assessed Value $52,100 Land Value $16,800 Improvement Value $35,300 Tax Amount $1,130 Change Rate +0.019856% Assessed CR Tax Rate +0.021689%
Year 2016 Assessed Value $52,100 Land Value $16,800 Improvement Value $35,300 Tax Amount $1,108 Change Rate -0.075897% Assessed CR Tax Rate +0.021267%
Year 2015 Assessed Value $55,391 Land Value $16,766 Improvement Value $38,625 Tax Amount $1,199 Change Rate -0.066199% Assessed CR Tax Rate +0.021646%
Year 2014 Assessed Value $55,391 Land Value $16,766 Improvement Value $38,625 Tax Amount $1,284 Change Rate -0.091295% Assessed CR Tax Rate +0.023181%
Year 2013 Assessed Value $55,391 Land Value $16,766 Improvement Value $38,625 Tax Amount $1,413 Change Rate Assessed CR Tax Rate +0.02551%