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601 42nd St

Cedar Rapids, IA 52403

3 bd 2 ba 1,408 sqft Built 1964 Lot 6,665 sqft single_family
Most recent sale
$195,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Listed $195,000 MLS #202205371
Aug 26, 2022 Sold $195,000 Public Record
Jun 6, 2022 Price changed $195,000 MLS #2204839
Jun 2, 2022 Listed $199,500 MLS #2204839

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,900 $34,300 $183,200 $2,940
2023 $132,100 $30,000 $162,100 $2,960
2022 $119,200 $30,000 $149,200 $2,626
2021 $110,000 $25,700 $135,700 $2,650
2020 $108,700 $20,000 $128,700 $2,456
2019 $103,100 $20,000 $123,100 $2,374
2018 $98,700 $20,000 $118,700 $2,306
2017 $98,700 $20,000 $118,700 $2,414
2016 $99,400 $20,000 $119,400 $2,164
2015 $90,500 $20,000 $110,500 $2,182
2014 $91,269 $19,990 $111,259 $2,156
2012 $89,590 $22,846 $112,436 $2,086
2011 $89,590 $22,846 $112,436 $2,016
2010 $89,590 $22,846 $112,436 $1,946
2009 $90,214 $22,846 $113,060 $1,884
2004 $82,013 $22,846 $104,859 $1,540

Property facts

Year built
1964
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,408 sqft
Lot size
6,665 sqft
ZIP code
52403
City
Cedar Rapids
Street
42nd St
Coordinates
41.98040, -91.60915

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,112
Gross rental yield
13.00%
Implied cap rate
8.45%
Trend-extrapolated value

Frequently asked questions

When did 601 42nd St last sell?
601 42nd St most recently sold on Aug 26, 2022 for $195,000.
What is the current tax assessment for 601 42nd St?
The most recent total assessment for 601 42nd St (year 2025) is $183,200 with $2,940 in property tax.
How does 601 42nd St's assessment compare to its last sale price?
The current assessment is 6.1% below the last sale price of $195,000.
When was 601 42nd St built?
601 42nd St was built in 1964.
How does 601 42nd St compare to others on 42nd St?
We track 8 other properties on 42nd St. Browse the list under "Other properties on 42nd St" to compare beds, baths, and sale history.
What are the property facts for 601 42nd St?
601 42nd St is a 3 bed, 2 bath, 1,408 sqft, 6,665 sqft lot single_family.
Is 601 42nd St a flip candidate?
No — 601 42nd St does not appear in our flips dataset.
Is 601 42nd St a tax-appeal candidate?
No — 601 42nd 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
-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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