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400 1st St

Cedar Rapids, IA 52401

2 bd 2 ba 870 sqft Built 1990 condos
Most recent sale
$261,000
Jan 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2024 Sold $103,000 CedarRapids
Apr 25, 2024 Listed $103,900 CedarRapids
Feb 20, 2024 Listing removed CedarRapids
Sep 19, 2023 Price changed $103,900 CedarRapids
Jul 25, 2023 Listed $111,000 CedarRapids
Jan 26, 2021 Sold $261,000 Public Record
Sep 5, 2018 Listing removed CedarRapids
Mar 8, 2018 Listed $120,000 CedarRapids
Aug 21, 2015 Sold $492,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $112,700 $112,700 $2,022
2023 $111,600 $111,600 $2,292
2022 $108,700 $108,700 $2,398
2021 $115,800 $115,800 $2,532
2020 $114,800 $114,800 $2,388
2019 $111,200 $111,200 $2,396
2018 $111,200 $111,200 $2,230
2017 $106,400 $106,400 $2,318
2016 $106,400 $106,400 $2,152
2015 $101,200 $101,200 $2,150
2014 $101,017 $101,017 $2,104
2012 $101,017 $101,017 $2,042
2011 $101,017 $101,017 $1,940
2010 $101,017 $101,017 $1,852
2009 $95,873 $95,873 $1,696
2008 $95,873 $95,873 $1,588

Property facts

Year built
1990
Property type
condos
Stories
Beds
2
Baths
2
Living area
870 sqft
Lot size
ZIP code
52401
City
Cedar Rapids
Street
1st St
Coordinates
41.97525, -91.66650

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,305
Gross rental yield
6.00%
Implied cap rate
3.90%
Trend-extrapolated value

Frequently asked questions

When did 400 1st St last sell?
400 1st St most recently sold on Jan 26, 2021 for $261,000.
What is the current tax assessment for 400 1st St?
The most recent total assessment for 400 1st St (year 2025) is $112,700 with $2,022 in property tax.
How does 400 1st St's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $261,000.
When was 400 1st St built?
400 1st St was built in 1990.
How does 400 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 400 1st St?
400 1st St is a 2 bed, 2 bath, 870 sqft condos.
Is 400 1st St a flip candidate?
No — 400 1st St does not appear in our flips dataset.
Is 400 1st St a tax-appeal candidate?
No — 400 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.0%
Implied 1-yr
+0.2%
2026 Q3
$227.1K
2026 Q4
$227.2K
ZIP 52401 — Median Price History + Forecast

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