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634 40th St

Cedar Rapids, IA 52402

2 bd 1 ba 1,520 sqft Built 1961 Lot 7,405 sqft single_family
Most recent sale
$138,500
Dec 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 3, 2021 Sold $138,500 Public Record
Dec 2, 2021 Sold $138,500 MLS #202105798
Oct 27, 2021 Listed $142,900 MLS #2107410
Oct 24, 2015 Listing removed $124,900 CedarRapids
Aug 3, 2015 Listed $124,900 MLS #1505995
Jun 14, 2013 Sold $112,000 Public Record
Jul 2, 2008 Sold $115,000 Public Record
Apr 28, 2008 Sold $99,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $130,900 $36,400 $167,300 $2,748
2023 $125,600 $36,400 $162,000 $3,080
2022 $109,600 $36,400 $146,000 $2,748
2021 $103,600 $29,100 $132,700 $2,782
2020 $99,900 $26,200 $126,100 $2,646
2019 $99,900 $23,300 $123,200 $2,512
2018 $93,200 $23,300 $116,500 $2,442
2017 $93,200 $23,300 $116,500 $2,420
2016 $87,800 $23,300 $111,100 $2,362
2015 $87,800 $23,300 $111,100 $2,370
2014 $88,079 $23,280 $111,359 $2,318
2012 $88,079 $23,280 $111,359 $2,378
2011 $82,734 $34,920 $117,654 $2,356
2010 $87,749 $34,920 $122,669 $2,250
2009 $78,216 $34,920 $113,136 $2,002
2004 $71,758 $34,920 $106,678 $1,622

Property facts

Year built
1961
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,520 sqft
Lot size
7,405 sqft
ZIP code
52402
City
Cedar Rapids
Street
40th St
Coordinates
42.01982, -91.64251

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
$831
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 634 40th St last sell?
634 40th St most recently sold on Dec 3, 2021 for $138,500.
What is the current tax assessment for 634 40th St?
The most recent total assessment for 634 40th St (year 2025) is $167,300 with $2,748 in property tax.
How does 634 40th St's assessment compare to its last sale price?
The current assessment is 20.8% above the last sale price of $138,500.
When was 634 40th St built?
634 40th St was built in 1961.
How does 634 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 634 40th St?
634 40th St is a 2 bed, 1 bath, 1,520 sqft, 7,405 sqft lot single_family.
Is 634 40th St a flip candidate?
No — 634 40th St does not appear in our flips dataset.
Is 634 40th St a tax-appeal candidate?
No — 634 40th 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
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast

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