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408 40th St; Cedar Rapids, IA Property Details

408 40th St, Cedar Rapids, IA is a Single Family that was built in 1954. This property is not for sale. Our records show that 408 40th St has 3 bedrooms, and 1 bathroom, and a total of 1,216 square feet. The lot size of 408 40th St is 5,793 square feet.

Off market
408 40th St NE Cedar Rapids, IA 52402
$146,000 Estimated Value
3 Beds
1 Baths
1,216 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $65,000
  • Est. Equity / %: $156,000 / 100%
  • Gross Yield: 10.415%
  • APN: 14101-04023-00000
  • Situs County: Linn
  • Length Of Ownership: 28 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

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: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,216/SqFt
  • Lot: 5,793/SqFt
  • Gross: 1,236/SqFt
  • Living: 1,216/SqFt
  • Building: 1,216/SqFt
  • Ground: 1,216/SqFt
  • Price Per Square Foot: $53.45

Legal Description

  • Description: KEN ACRES 3RD STR/LB 10
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: 42.019714 / -91.639046
  • Subdivision: Ken Acres
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5620
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

408 40th St NE has no associated ownership info
408 40th St NE has no associated ownership info.

Taxes

408 40th St NE has 10 associated Taxes items

408 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 $146,000. The APN we've located for 408 40th St is 14101-04023-00000.

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Taxes
  • Assessed Value:  $146,000
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14101-04023-00000
  • Assessed Land Value:  30000
  • Market Land Value:  30000
  • Tax Amount:  2500
  • Tax Year:  2024
  • Market Value:  146000
  • Market Year:  2025

Tax History

408 40th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $146,000 Land Value $30,000 Improvement Value $116,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $141,300 Land Value $30,000 Improvement Value $111,300 Tax Amount $2,500 Change Rate -0.080206% Assessed CR Tax Rate +0.017693%
Year 2023 Assessed Value $141,300 Land Value $30,000 Improvement Value $111,300 Tax Amount $2,718 Change Rate -0.99% Assessed CR Tax Rate +0.019236%
Year 2022 Assessed Value $128,900 Land Value $30,000 Improvement Value $98,900 Tax Amount $271,800 Change Rate +110.759865% Assessed CR Tax Rate +2.108611%
Year 2021 Assessed Value $117,400 Land Value $24,000 Improvement Value $93,400 Tax Amount $2,432 Change Rate -0.010578% Assessed CR Tax Rate +0.020716%
Year 2020 Assessed Value $111,400 Land Value $21,600 Improvement Value $89,800 Tax Amount $2,458 Change Rate +0.04953% Assessed CR Tax Rate +0.022065%
Year 2019 Assessed Value $109,000 Land Value $19,200 Improvement Value $89,800 Tax Amount $2,342 Change Rate +0.185223% Assessed CR Tax Rate +0.021486%
Year 2018 Assessed Value $103,000 Land Value $19,200 Improvement Value $83,800 Tax Amount $1,976 Change Rate Assessed CR Tax Rate +0.019184%
Year 2017 Assessed Value $99,000 Land Value $19,200 Improvement Value $79,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $99,000 Land Value $19,200 Improvement Value $79,800 Tax Amount $2,105.33 Change Rate +0.016493% Assessed CR Tax Rate +0.021266%
Year 2015 Assessed Value $97,371 Land Value $19,200 Improvement Value $78,171 Tax Amount $2,071.17 Change Rate +0.098181% Assessed CR Tax Rate +0.021271%
Year 2014 Assessed Value $97,371 Land Value $19,200 Improvement Value $78,171 Tax Amount $1,886 Change Rate +0.023887% Assessed CR Tax Rate +0.019369%
Year 2013 Assessed Value $97,371 Land Value $19,200 Improvement Value $78,171 Tax Amount $1,842 Change Rate Assessed CR Tax Rate +0.018917%