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612 40th St; Cedar Rapids, IA Property Details

612 40th St, Cedar Rapids, IA is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 612 40th St has 3 bedrooms, and 1 bathroom, and a total of 1,460 square feet. The lot size of 612 40th St is 4,791 square feet.

Off market
612 40th St NE Cedar Rapids, IA 52402
$155,000 Listing Price
3 Beds
1 Baths
1,460 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1957
  • Purchase Price: $155,000
  • Open Loans / Balance: 1 / $92,326
  • Est. Equity / %: $87,674 / 48.71%
  • Gross Yield: 10.24%
  • APN: 14101-05011-00000
  • Situs County: Linn
  • Length Of Ownership: 4 years, 7 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: Plaster
  • Building Condition: Very Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true
  • Deck: true

Measurements

  • Total: 1,460/SqFt
  • Lot: 4,791/SqFt
  • Attic: 340/SqFt
  • Gross: 2,318/SqFt
  • Living: 1,460/SqFt
  • Basement: 728/SqFt
  • Building: 2,178/SqFt
  • Ground: 1,110/SqFt
  • Basement Finished: 350/SqFt
  • Basement Unfinished: 378/SqFt
  • Price Per Square Foot: $106.16

Legal Description

  • Description: BELMONT STR/LB 69
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: 42.01989 / -91.64153
  • Subdivision: Belmont
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5622
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

612 40th St NE has no associated ownership info
612 40th St NE has no associated ownership info.

Taxes

612 40th St NE has 10 associated Taxes items

612 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 $165,600. The APN we've located for 612 40th St is 14101-05011-00000.

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Taxes
  • Assessed Value:  $165,600
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14101-05011-00000
  • Assessed Land Value:  24300
  • Market Land Value:  24300
  • Tax Amount:  2830
  • Tax Year:  2024
  • Market Value:  165600
  • Market Year:  2025

Tax History

612 40th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $165,600 Land Value $24,300 Improvement Value $141,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $159,900 Land Value $24,300 Improvement Value $135,600 Tax Amount $2,830 Change Rate -0.049059% Assessed CR Tax Rate +0.017699%
Year 2023 Assessed Value $159,900 Land Value $24,300 Improvement Value $135,600 Tax Amount $2,976 Change Rate -0.99% Assessed CR Tax Rate +0.018612%
Year 2022 Assessed Value $141,100 Land Value $24,300 Improvement Value $116,800 Tax Amount $297,600 Change Rate +125.31579% Assessed CR Tax Rate +2.109142%
Year 2021 Assessed Value $122,700 Land Value $19,400 Improvement Value $103,300 Tax Amount $2,356 Change Rate -0.01505% Assessed CR Tax Rate +0.019201%
Year 2020 Assessed Value $117,000 Land Value $17,500 Improvement Value $99,500 Tax Amount $2,392 Change Rate +0.048203% Assessed CR Tax Rate +0.020444%
Year 2019 Assessed Value $108,300 Land Value $15,500 Improvement Value $92,800 Tax Amount $2,282 Change Rate +0.092912% Assessed CR Tax Rate +0.021071%
Year 2018 Assessed Value $108,300 Land Value $15,500 Improvement Value $92,800 Tax Amount $2,088 Change Rate Assessed CR Tax Rate +0.01928%
Year 2017 Assessed Value $103,400 Land Value $15,500 Improvement Value $87,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $103,400 Land Value $15,500 Improvement Value $87,900 Tax Amount $2,197.33 Change Rate -0.011623% Assessed CR Tax Rate +0.021251%
Year 2015 Assessed Value $104,500 Land Value $15,520 Improvement Value $88,980 Tax Amount $2,223.17 Change Rate +0.090859% Assessed CR Tax Rate +0.021274%
Year 2014 Assessed Value $104,500 Land Value $15,520 Improvement Value $88,980 Tax Amount $2,038 Change Rate +0.024121% Assessed CR Tax Rate +0.019502%
Year 2013 Assessed Value $104,500 Land Value $15,520 Improvement Value $88,980 Tax Amount $1,990 Change Rate Assessed CR Tax Rate +0.019043%