320 40th Street Dr
Cedar Rapids, IA 52403
3 bd 3 ba 2,380 sqft Built 1978 Lot 10,411 sqft single_family
Most recent sale
$204,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $204,000 | Public Record |
| Aug 10, 2022 | Sold | $203,700 | CedarRapids |
| Jun 17, 2022 | Listed | $210,000 | MLS #2205319 |
| Apr 22, 2022 | Listed | $220,000 | MLS #2203561 |
| Oct 22, 2012 | Sold | $162,000 | Public Record |
| Feb 23, 1994 | Sold | $121,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $237,200 | $23,500 | $260,700 | $3,334 |
| 2023 | $180,100 | $23,500 | $203,600 | $4,034 |
| 2022 | $174,000 | $23,500 | $197,500 | $3,896 |
| 2021 | $174,000 | $23,500 | $197,500 | $3,908 |
| 2020 | $161,600 | $23,500 | $185,100 | $3,830 |
| 2019 | $161,600 | $23,500 | $185,100 | $3,862 |
| 2018 | $154,900 | $30,000 | $184,900 | $3,768 |
| 2017 | $154,900 | $29,800 | $184,700 | $3,428 |
| 2016 | $141,400 | $29,800 | $171,200 | $3,326 |
| 2015 | $141,400 | $29,800 | $171,200 | $1,657 |
| 2014 | $141,400 | $29,800 | $171,200 | $3,374 |
Property facts
Year built
1978
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,380 sqft
Lot size
10,411 sqft
ZIP code
52403
City
Cedar Rapids
Street
40th Street Dr
Coordinates
42.01692, -91.62512
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,224
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 320 40th Street Dr last sell?
320 40th Street Dr most recently sold on Aug 12, 2022 for $204,000.
What is the current tax assessment for 320 40th Street Dr?
The most recent total assessment for 320 40th Street Dr (year 2025) is $260,700 with $3,334 in property tax.
How does 320 40th Street Dr's assessment compare to its last sale price?
The current assessment is 27.8% above the last sale price of $204,000.
When was 320 40th Street Dr built?
320 40th Street Dr was built in 1978.
How does 320 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 320 40th Street Dr?
320 40th Street Dr is a 3 bed, 3 bath, 2,380 sqft, 10,411 sqft lot single_family.
Is 320 40th Street Dr a flip candidate?
No — 320 40th Street Dr does not appear in our flips dataset.
Is 320 40th Street Dr a tax-appeal candidate?
Yes — 320 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 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