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702 40th St; Cedar Rapids, IA Property Details

702 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 702 40th St has 3 bedrooms, and 2 bathrooms, and a total of 1,766 square feet. The lot size of 702 40th St is 8,799 square feet.

Off market
702 40th St SE Cedar Rapids, IA 52403
$170,000 Listing Price
3 Beds
2 Baths
1,766 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1957
  • Purchase Price: $170,000
  • Open Loans / Balance: 2 / $145,281
  • Est. Equity / %: $80,719 / 35.72%
  • Gross Yield: 10.588%
  • APN: 14243-78009-00000
  • Situs County: Linn
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Wood
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,766/SqFt
  • Lot: 8,799/SqFt
  • Gross: 2,590/SqFt
  • Living: 1,766/SqFt
  • Basement: 1,272/SqFt
  • Building: 2,562/SqFt
  • Ground: 1,290/SqFt
  • Basement Finished: 476/SqFt
  • Basement Unfinished: 796/SqFt
  • Price Per Square Foot: $96.26

Legal Description

  • Description: ZOBACS 4TH STR/LB 49
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: 41.978287 / -91.61109
  • Subdivision: Zobacs 4th
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4346
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Underground/Basement
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

702 40th St SE has no associated ownership info
702 40th St SE has no associated ownership info.

Taxes

702 40th St SE has 10 associated Taxes items

702 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 $209,300. The APN we've located for 702 40th St is 14243-78009-00000.

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Taxes
  • Assessed Value:  $209,300
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14243-78009-00000
  • Assessed Land Value:  45400
  • Market Land Value:  45400
  • Tax Amount:  3242
  • Tax Year:  2024
  • Market Value:  209300
  • Market Year:  2025

Tax History

702 40th St SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $209,300 Land Value $45,400 Improvement Value $163,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $194,500 Land Value $39,700 Improvement Value $154,800 Tax Amount $3,242 Change Rate +2.679909% Assessed CR Tax Rate +0.016668%
Year 2023 Assessed Value $183,200 Land Value $39,700 Improvement Value $143,500 Tax Amount $881 Change Rate -0.99% Assessed CR Tax Rate +0.004809%
Year 2022 Assessed Value $176,400 Land Value $39,700 Improvement Value $136,700 Tax Amount $88,100 Change Rate +98.43567% Assessed CR Tax Rate +0.499433%
Year 2021 Assessed Value $128,900 Land Value $34,000 Improvement Value $94,900 Tax Amount $886 Change Rate Assessed CR Tax Rate +0.006874%
Year 2020 Assessed Value $124,300 Land Value $26,500 Improvement Value $97,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $115,400 Land Value $26,500 Improvement Value $88,900 Tax Amount $2,562 Change Rate +0.059553% Assessed CR Tax Rate +0.022201%
Year 2018 Assessed Value $115,400 Land Value $26,500 Improvement Value $88,900 Tax Amount $2,418 Change Rate Assessed CR Tax Rate +0.020953%
Year 2017 Assessed Value $113,700 Land Value $26,500 Improvement Value $87,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $106,000 Land Value $26,500 Improvement Value $79,500 Tax Amount $2,254 Change Rate -0.096231% Assessed CR Tax Rate +0.021264%
Year 2015 Assessed Value $117,244 Land Value $26,476 Improvement Value $90,768 Tax Amount $2,494 Change Rate -0.029194% Assessed CR Tax Rate +0.021272%
Year 2014 Assessed Value $113,729 Land Value $30,258 Improvement Value $83,471 Tax Amount $2,569 Change Rate +0.317436% Assessed CR Tax Rate +0.022589%
Year 2013 Assessed Value $113,729 Land Value $30,258 Improvement Value $83,471 Tax Amount $1,950 Change Rate Assessed CR Tax Rate +0.017146%