219 40th Street Dr
Cedar Rapids, IA 52403
2 bd 2 ba 1,314 sqft Built 1981 condos
Most recent sale
$127,000
Sep 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 7, 2022 | Sold | $127,000 | Public Record |
| Sep 6, 2022 | Sold | $127,000 | CedarRapids |
| Jul 15, 2022 | Listed | $128,500 | MLS #2206119 |
| Jun 22, 2022 | Listed | $128,500 | MLS #2205463 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $109,300 | $18,000 | $127,300 | $2,264 |
| 2023 | $107,600 | $18,000 | $125,600 | $2,088 |
| 2022 | $92,900 | $15,000 | $107,900 | $1,990 |
| 2021 | $90,000 | $15,000 | $105,000 | $1,902 |
| 2020 | $82,800 | $12,000 | $94,800 | $1,848 |
| 2019 | $82,800 | $12,000 | $94,800 | $1,860 |
| 2018 | $82,800 | $12,000 | $94,800 | $1,876 |
| 2017 | $90,200 | $8,000 | $98,200 | $1,650 |
| 2016 | $76,300 | $8,000 | $84,300 | $1,640 |
| 2015 | $77,900 | $8,000 | $85,900 | $1,768 |
| 2014 | $83,800 | $8,000 | $91,800 | $1,654 |
| 2012 | $86,419 | $8,000 | $94,419 | $1,722 |
| 2011 | $76,817 | $8,000 | $84,817 | $1,486 |
| 2010 | $76,817 | $8,000 | $84,817 | $1,556 |
| 2009 | $74,382 | $8,000 | $82,382 | $1,340 |
| 2004 | $74,382 | $8,000 | $82,382 | $1,146 |
Property facts
Year built
1981
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,314 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$762
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 219 40th Street Dr last sell?
219 40th Street Dr most recently sold on Sep 7, 2022 for $127,000.
What is the current tax assessment for 219 40th Street Dr?
The most recent total assessment for 219 40th Street Dr (year 2025) is $127,300 with $2,264 in property tax.
How does 219 40th Street Dr's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $127,000.
When was 219 40th Street Dr built?
219 40th Street Dr was built in 1981.
How does 219 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 219 40th Street Dr?
219 40th Street Dr is a 2 bed, 2 bath, 1,314 sqft condos.
Is 219 40th Street Dr a flip candidate?
No — 219 40th Street Dr does not appear in our flips dataset.
Is 219 40th Street Dr a tax-appeal candidate?
No — 219 40th Street Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Street Dr