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1603 38th St

Cedar Rapids, IA 52403

5 bd 2,441 sqft Built 2024 Lot 11,511 sqft single_family
Most recent sale
$242,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2024 Sold $487,826 CedarRapids
Mar 19, 2024 Listed $463,900 CedarRapids
Jun 20, 2023 Sold $45,000 CedarRapids
Apr 3, 2023 Price changed $55,000 CedarRapids
Jan 6, 2023 Relisted $60,000 CedarRapids
Sep 2, 2022 Price changed $60,000 MLS #2205565
Jun 24, 2022 Listed $65,000 MLS #2205565
Jun 15, 2022 Sold $242,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $347,200 $72,200 $419,400 $960
2023 $53,000 $53,000 $1,020
2022 $48,400 $48,400 $204
2021 $9,800 $9,800 $216
2020 $9,800 $9,800 $9,800 $210
2019 $9,800 $9,800 $212
2018 $9,800 $9,800 $206

Property facts

Year built
2024
Property type
single_family
Stories
1
Beds
5
Baths
Living area
2,441 sqft
Lot size
11,511 sqft
ZIP code
52403
City
Cedar Rapids
Street
38th St
Coordinates
41.96916, -91.61375

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,452
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1603 38th St last sell?
1603 38th St most recently sold on Jun 15, 2022 for $242,000.
What is the current tax assessment for 1603 38th St?
The most recent total assessment for 1603 38th St (year 2025) is $419,400 with $960 in property tax.
How does 1603 38th St's assessment compare to its last sale price?
The current assessment is 73.3% above the last sale price of $242,000.
When was 1603 38th St built?
1603 38th St was built in 2024.
How does 1603 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 1603 38th St?
1603 38th St is a 5 bed, 2,441 sqft, 11,511 sqft lot single_family.
Is 1603 38th St a flip candidate?
Yes — 1603 38th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1603 38th St a tax-appeal candidate?
No — 1603 38th 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
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast

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