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405 40th St; Cedar Rapids, IA Property Details

405 40th St, Cedar Rapids, IA is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 405 40th St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,639 square feet. The lot size of 405 40th St is 8,581 square feet.

Off market
405 40th St NE Cedar Rapids, IA 52402
$176,800 Estimated Value
2 Beds
1.5 Baths
1,639 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $122,000
  • Open Loans / Balance: 1 / $58,226
  • Est. Equity / %: $116,774 / 66.73%
  • Gross Yield: 12.062%
  • APN: 14101-07002-00000
  • Situs County: Linn
  • Length Of Ownership: 24 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,639/SqFt
  • Lot: 8,581/SqFt
  • Attic: 385/SqFt
  • Gross: 2,566/SqFt
  • Living: 1,639/SqFt
  • Basement: 884/SqFt
  • Building: 2,538/SqFt
  • Ground: 1,269/SqFt
  • Price Per Square Foot: $74.44

Legal Description

  • Description: KEN ACRES 3RD 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: 42.019215 / -91.638885
  • Subdivision: Ken Acres
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5619
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

405 40th St NE has no associated ownership info
405 40th St NE has no associated ownership info.

Taxes

405 40th St NE has 10 associated Taxes items

405 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 $176,800. The APN we've located for 405 40th St is 14101-07002-00000.

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Taxes
  • Assessed Value:  $176,800
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14101-07002-00000
  • Assessed Land Value:  36100
  • Market Land Value:  36100
  • Tax Amount:  2834
  • Tax Year:  2024
  • Market Value:  176800
  • Market Year:  2025

Tax History

405 40th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $176,800 Land Value $36,100 Improvement Value $140,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $170,600 Land Value $36,100 Improvement Value $134,500 Tax Amount $2,834 Change Rate -0.030116% Assessed CR Tax Rate +0.016612%
Year 2023 Assessed Value $170,600 Land Value $36,100 Improvement Value $134,500 Tax Amount $2,922 Change Rate -0.99% Assessed CR Tax Rate +0.017128%
Year 2022 Assessed Value $147,400 Land Value $36,100 Improvement Value $111,300 Tax Amount $292,200 Change Rate +111.73148% Assessed CR Tax Rate +1.982361%
Year 2021 Assessed Value $134,100 Land Value $28,900 Improvement Value $105,200 Tax Amount $2,592 Change Rate -0.116564% Assessed CR Tax Rate +0.019329%
Year 2020 Assessed Value $141,600 Land Value $26,000 Improvement Value $115,600 Tax Amount $2,934 Change Rate +0.051613% Assessed CR Tax Rate +0.02072%
Year 2019 Assessed Value $130,900 Land Value $23,100 Improvement Value $107,800 Tax Amount $2,790 Change Rate +0.089844% Assessed CR Tax Rate +0.021314%
Year 2018 Assessed Value $130,900 Land Value $23,100 Improvement Value $107,800 Tax Amount $2,560 Change Rate Assessed CR Tax Rate +0.019557%
Year 2017 Assessed Value $125,800 Land Value $23,100 Improvement Value $102,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $125,800 Land Value $23,100 Improvement Value $102,700 Tax Amount $2,673.33 Change Rate -0.032513% Assessed CR Tax Rate +0.021251%
Year 2015 Assessed Value $129,896 Land Value $23,100 Improvement Value $106,796 Tax Amount $2,763.17 Change Rate +0.071827% Assessed CR Tax Rate +0.021272%
Year 2014 Assessed Value $129,896 Land Value $23,100 Improvement Value $106,796 Tax Amount $2,578 Change Rate +0.023016% Assessed CR Tax Rate +0.019847%
Year 2013 Assessed Value $129,896 Land Value $23,100 Improvement Value $106,796 Tax Amount $2,520 Change Rate Assessed CR Tax Rate +0.0194%