Large Location Icon

642 40th St; Cedar Rapids, IA Property Details

642 40th St, Cedar Rapids, IA is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 642 40th St has 3 bedrooms, and 1 bathroom, and a total of 960 square feet. The lot size of 642 40th St is 7,187 square feet.

Off market
642 40th St NE Cedar Rapids, IA 52402
$131,800 Estimated Value
3 Beds
1 Baths
960 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1954
  • Purchase Price: $71,500
  • Open Loans: 1
  • Gross Yield: 8.567%
  • APN: 14101-06007-00000
  • Situs County: Linn
  • Length Of Ownership: 23 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

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: 960/SqFt
  • Lot: 7,187/SqFt
  • Gross: 1,000/SqFt
  • Living: 960/SqFt
  • Building: 960/SqFt
  • Ground: 960/SqFt
  • Price Per Square Foot: $74.48

Legal Description

  • Description: BELMONT E 20 LOT 60 & ALL STR/LB 61
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: 42.01978 / -91.64293
  • Subdivision: Belmont
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5659
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

642 40th St NE has no associated ownership info
642 40th St NE has no associated ownership info.

Taxes

642 40th St NE has 10 associated Taxes items

642 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 $131,800. The APN we've located for 642 40th St is 14101-06007-00000.

Unlock the full report
Taxes
  • Assessed Value:  $131,800
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14101-06007-00000
  • Assessed Land Value:  36400
  • Market Land Value:  36400
  • Tax Amount:  2082
  • Tax Year:  2024
  • Market Value:  131800
  • Market Year:  2025

Tax History

642 40th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,800 Land Value $36,400 Improvement Value $95,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $128,100 Land Value $36,400 Improvement Value $91,700 Tax Amount $2,082 Change Rate -0.078761% Assessed CR Tax Rate +0.016253%
Year 2023 Assessed Value $128,100 Land Value $36,400 Improvement Value $91,700 Tax Amount $2,260 Change Rate -0.99% Assessed CR Tax Rate +0.017642%
Year 2022 Assessed Value $116,000 Land Value $36,400 Improvement Value $79,600 Tax Amount $226,000 Change Rate +113.37247% Assessed CR Tax Rate +1.948276%
Year 2021 Assessed Value $104,300 Land Value $29,100 Improvement Value $75,200 Tax Amount $1,976 Change Rate -0.008032% Assessed CR Tax Rate +0.018945%
Year 2020 Assessed Value $98,900 Land Value $26,200 Improvement Value $72,700 Tax Amount $1,992 Change Rate +0.062967% Assessed CR Tax Rate +0.020142%
Year 2019 Assessed Value $91,200 Land Value $23,300 Improvement Value $67,900 Tax Amount $1,874 Change Rate +0.084491% Assessed CR Tax Rate +0.020548%
Year 2018 Assessed Value $91,200 Land Value $23,300 Improvement Value $67,900 Tax Amount $1,728 Change Rate Assessed CR Tax Rate +0.018947%
Year 2017 Assessed Value $87,800 Land Value $23,300 Improvement Value $64,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $87,800 Land Value $23,300 Improvement Value $64,500 Tax Amount $1,865.33 Change Rate +0.122901% Assessed CR Tax Rate +0.021245%
Year 2015 Assessed Value $78,078 Land Value $23,280 Improvement Value $54,798 Tax Amount $1,661.17 Change Rate +0.125454% Assessed CR Tax Rate +0.021276%
Year 2014 Assessed Value $82,066 Land Value $23,280 Improvement Value $58,786 Tax Amount $1,476 Change Rate -0.031496% Assessed CR Tax Rate +0.017986%
Year 2013 Assessed Value $82,066 Land Value $23,280 Improvement Value $58,786 Tax Amount $1,524 Change Rate Assessed CR Tax Rate +0.01857%