1229 40th Street Ct
Cedar Rapids, IA 52405
3 bd 2 ba 1,678 sqft Built 1988 Lot 11,021 sqft single_family
Most recent sale
$237,000
Jul 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 26, 2022 | Sold | $237,000 | Public Record |
| Jul 22, 2022 | Sold | $237,000 | CedarRapids |
| Jun 30, 2022 | Listed | $235,000 | MLS #2205719 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $173,700 | $57,000 | $230,700 | $3,982 |
| 2023 | $156,900 | $57,000 | $213,900 | $3,756 |
| 2022 | $146,000 | $44,300 | $190,300 | $3,686 |
| 2021 | $146,000 | $44,300 | $190,300 | $3,802 |
| 2020 | $139,900 | $44,300 | $184,200 | $3,668 |
| 2019 | $139,400 | $40,100 | $179,500 | $3,686 |
| 2018 | $139,400 | $40,100 | $179,500 | $3,580 |
| 2017 | $139,400 | $40,100 | $179,500 | $3,772 |
| 2016 | $141,600 | $40,100 | $181,700 | $3,618 |
| 2015 | $138,800 | $40,100 | $178,900 | $3,714 |
| 2014 | $143,160 | $40,109 | $183,269 | $3,630 |
| 2012 | $150,390 | $40,109 | $190,499 | $3,664 |
| 2011 | $159,554 | $33,776 | $193,330 | $3,570 |
| 2010 | $159,554 | $33,776 | $193,330 | $3,430 |
| 2009 | $130,895 | $33,776 | $164,671 | $2,796 |
| 2004 | $130,895 | $33,776 | $164,671 | $2,822 |
Property facts
Year built
1988
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,678 sqft
Lot size
11,021 sqft
ZIP code
52405
City
Cedar Rapids
Street
40th Street Ct
Coordinates
41.98470, -91.72348
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,517
Gross rental yield
12.74%
Implied cap rate
8.28%
Trend-extrapolated value
—
Frequently asked questions
When did 1229 40th Street Ct last sell?
1229 40th Street Ct most recently sold on Jul 26, 2022 for $237,000.
What is the current tax assessment for 1229 40th Street Ct?
The most recent total assessment for 1229 40th Street Ct (year 2025) is $230,700 with $3,982 in property tax.
How does 1229 40th Street Ct's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $237,000.
When was 1229 40th Street Ct built?
1229 40th Street Ct was built in 1988.
How does 1229 40th Street Ct compare to others on 40th Street Ct?
We track 3 other properties on 40th Street Ct. Browse the list under "Other properties on 40th Street Ct" to compare beds, baths, and sale history.
What are the property facts for 1229 40th Street Ct?
1229 40th Street Ct is a 3 bed, 2 bath, 1,678 sqft, 11,021 sqft lot single_family.
Is 1229 40th Street Ct a flip candidate?
No — 1229 40th Street Ct does not appear in our flips dataset.
Is 1229 40th Street Ct a tax-appeal candidate?
No — 1229 40th Street Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.4%
2026 Q3
$204.4K
2026 Q4
$201.4K
ZIP 52405 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Street Ct