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1240 Center St

Cedar Rapids, IA 52402

3 bd 2 ba 1,238 sqft Built 1954 Lot 7,428 sqft single_family
Most recent sale
$151,000
Nov 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 12, 2024 Sold $180,000 Public Record
Nov 30, 2021 Sold $151,000 MLS #202105800
Oct 27, 2021 Listed $155,900 MLS #2107459
Sep 3, 2021 Listed $159,900 MLS #2106139
Dec 30, 2020 Listed $145,000 MLS #202007159
Jan 20, 2016 Sold $107,964 Public Record
Mar 8, 2013 Sold $91,500 Public Record
Mar 21, 2009 Listing removed $119,950 CedarRapids
Mar 3, 2009 Sold $110,000 Public Record
Nov 14, 2008 Listed $119,950 MLS #2807919
May 31, 2005 Sold $101,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $128,500 $25,200 $153,700 $2,460
2023 $111,300 $23,900 $135,200 $2,424
2022 $99,900 $23,900 $123,800 $2,304
2021 $88,700 $22,500 $111,200 $2,334
2020 $88,600 $17,200 $105,800 $2,272
2019 $88,600 $17,200 $105,800 $2,184
2018 $84,100 $17,200 $101,300 $2,050
2017 $80,600 $17,200 $97,800 $2,094
2016 $79,000 $17,200 $96,200 $2,044
2015 $79,000 $17,200 $96,200 $2,002
2014 $78,152 $15,900 $94,052 $1,958
2012 $75,107 $21,200 $96,307 $1,946
2011 $78,142 $21,200 $99,342 $1,908
2010 $78,142 $21,200 $99,342 $1,822
2009 $74,673 $21,200 $95,873 $1,696
2004 $66,673 $21,200 $87,873 $1,318

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,238 sqft
Lot size
7,428 sqft
ZIP code
52402
City
Cedar Rapids
Street
Center St
Coordinates
42.01238, -91.65412

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$906
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1240 Center St last sell?
1240 Center St most recently sold on Nov 30, 2021 for $151,000.
What is the current tax assessment for 1240 Center St?
The most recent total assessment for 1240 Center St (year 2025) is $153,700 with $2,460 in property tax.
How does 1240 Center St's assessment compare to its last sale price?
The current assessment is 1.8% above the last sale price of $151,000.
When was 1240 Center St built?
1240 Center St was built in 1954.
How does 1240 Center St compare to others on Center St?
We track 8 other properties on Center St. Browse the list under "Other properties on Center St" to compare beds, baths, and sale history.
What are the property facts for 1240 Center St?
1240 Center St is a 3 bed, 2 bath, 1,238 sqft, 7,428 sqft lot single_family.
Is 1240 Center St a flip candidate?
No — 1240 Center St does not appear in our flips dataset.
Is 1240 Center St a tax-appeal candidate?
No — 1240 Center 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast

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