1506 38th St
Cedar Rapids, IA 52403
4 bd 4 ba 2,449 sqft Built 2022 Lot 10,672 sqft single_family
Most recent sale
$242,000
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2023 | Sold | $499,000 | CedarRapids |
| Oct 14, 2022 | Listed | $499,000 | MLS #2209170 |
| Jun 15, 2022 | Sold | $242,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $360,600 | $67,000 | $427,600 | $6,758 |
| 2023 | $208,200 | $61,600 | $269,800 | $948 |
| 2022 | — | $44,900 | $44,900 | $180 |
| 2021 | — | $8,700 | $8,700 | $192 |
| 2020 | — | $8,700 | $8,700 | $186 |
| 2019 | — | $8,700 | $8,700 | $188 |
| 2018 | — | $8,700 | $8,700 | $182 |
Property facts
Year built
2022
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
2,449 sqft
Lot size
10,672 sqft
ZIP code
52403
City
Cedar Rapids
Street
38th St
Coordinates
41.96975, -91.61257
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,452
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1506 38th St last sell?
1506 38th St most recently sold on Jun 15, 2022 for $242,000.
What is the current tax assessment for 1506 38th St?
The most recent total assessment for 1506 38th St (year 2025) is $427,600 with $6,758 in property tax.
How does 1506 38th St's assessment compare to its last sale price?
The current assessment is 76.7% above the last sale price of $242,000.
When was 1506 38th St built?
1506 38th St was built in 2022.
How does 1506 38th St compare to others on 38th St?
We track 8 other properties on 38th St. Browse the list under "Other properties on 38th St" to compare beds, baths, and sale history.
What are the property facts for 1506 38th St?
1506 38th St is a 4 bed, 4 bath, 2,449 sqft, 10,672 sqft lot single_family.
Is 1506 38th St a flip candidate?
Yes — 1506 38th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1506 38th St a tax-appeal candidate?
No — 1506 38th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 38th St