233 40th St
Cedar Rapids, IA 52402
3 bd 2 ba 1,208 sqft Built 1941 Lot 8,756 sqft single_family
Most recent sale
$160,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $160,000 | Public Record |
| Jul 13, 2022 | Listed | $165,000 | MLS #2206051 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $140,600 | $26,000 | $166,600 | $2,892 |
| 2023 | $128,500 | $26,000 | $154,500 | $2,678 |
| 2022 | $115,400 | $23,800 | $139,200 | $2,260 |
| 2021 | $101,100 | $20,400 | $121,500 | $2,338 |
| 2020 | $97,400 | $20,400 | $117,800 | $2,210 |
| 2019 | $93,500 | $21,500 | $115,000 | $2,140 |
| 2018 | $89,600 | $21,500 | $111,100 | $2,076 |
| 2017 | $89,600 | $21,500 | $111,100 | $2,244 |
| 2016 | $93,300 | $21,500 | $114,800 | $2,078 |
| 2015 | $88,300 | $21,500 | $109,800 | $1,936 |
| 2014 | $75,833 | $27,156 | $102,989 | $969 |
| 2012 | $78,203 | $27,156 | $105,359 | $1,874 |
| 2011 | $80,573 | $27,156 | $107,729 | $1,856 |
| 2010 | $80,573 | $27,156 | $107,729 | $1,790 |
| 2009 | $78,127 | $27,156 | $105,283 | $1,676 |
| 2004 | $71,025 | $27,156 | $98,181 | $1,296 |
Property facts
Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,208 sqft
Lot size
8,756 sqft
ZIP code
52402
City
Cedar Rapids
Street
40th St
Coordinates
42.01914, -91.63631
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,812
Gross rental yield
13.59%
Implied cap rate
8.83%
Trend-extrapolated value
—
Frequently asked questions
When did 233 40th St last sell?
233 40th St most recently sold on Aug 26, 2022 for $160,000.
What is the current tax assessment for 233 40th St?
The most recent total assessment for 233 40th St (year 2025) is $166,600 with $2,892 in property tax.
How does 233 40th St's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $160,000.
When was 233 40th St built?
233 40th St was built in 1941.
How does 233 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 233 40th St?
233 40th St is a 3 bed, 2 bath, 1,208 sqft, 8,756 sqft lot single_family.
Is 233 40th St a flip candidate?
No — 233 40th St does not appear in our flips dataset.
Is 233 40th St a tax-appeal candidate?
No — 233 40th 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th St