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215 40th Street Dr

Cedar Rapids, IA 52403

2 bd 2 ba 985 sqft Built 1979 condos
Most recent sale
$83,000
May 29, 2019

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2023 Sold $97,500 CedarRapids
Jan 23, 2023 Price changed $110,500 CedarRapids
Dec 21, 2022 Price changed $112,000 CedarRapids
Nov 23, 2022 Price changed $114,000 CedarRapids
Nov 2, 2022 Price changed $115,000 CedarRapids
Sep 30, 2022 Listed $117,950 MLS #2208889
May 29, 2019 Sold $83,000 Public Record
Apr 1, 2019 Listed $84,500 MLS #1902167
Sep 26, 2006 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $97,700 $18,000 $115,700 $1,896
2023 $97,400 $18,000 $115,400 $1,886
2022 $83,300 $15,000 $98,300 $1,796
2021 $80,700 $15,000 $95,700 $1,712
2020 $74,200 $12,000 $86,200 $1,662
2019 $74,200 $12,000 $86,200 $1,604
2018 $74,200 $12,000 $86,200 $1,518
2017 $75,100 $6,000 $81,100 $1,372
2016 $65,500 $6,000 $71,500 $1,364
2015 $66,900 $6,000 $72,900 $1,448
2014 $70,768 $6,000 $76,768 $1,280
2012 $72,980 $6,000 $78,980 $1,340
2011 $64,871 $6,000 $70,871 $1,148
2010 $64,871 $6,000 $70,871 $1,114
2009 $61,634 $6,000 $67,634 $1,010
2004 $61,634 $6,000 $67,634 $990

Property facts

Year built
1979
Property type
condos
Stories
Beds
2
Baths
2
Living area
985 sqft
Lot size
ZIP code
52403
City
Cedar Rapids
Street
40th Street Dr
Coordinates
42.01752, -91.63008

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 215 40th Street Dr last sell?
215 40th Street Dr most recently sold on May 29, 2019 for $83,000.
What is the current tax assessment for 215 40th Street Dr?
The most recent total assessment for 215 40th Street Dr (year 2025) is $115,700 with $1,896 in property tax.
How does 215 40th Street Dr's assessment compare to its last sale price?
The current assessment is 39.4% above the last sale price of $83,000.
When was 215 40th Street Dr built?
215 40th Street Dr was built in 1979.
How does 215 40th Street Dr compare to others on 40th Street Dr?
We track 8 other properties on 40th Street Dr. Browse the list under "Other properties on 40th Street Dr" to compare beds, baths, and sale history.
What are the property facts for 215 40th Street Dr?
215 40th Street Dr is a 2 bed, 2 bath, 985 sqft condos.
Is 215 40th Street Dr a flip candidate?
No — 215 40th Street Dr does not appear in our flips dataset.
Is 215 40th Street Dr a tax-appeal candidate?
Yes — 215 40th Street Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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