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CondominiumResidential

3040 Center Point Rd

CEDAR RAPIDS, IA 52402
2002
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 20023 floors12 units900–914 ft²
$1.2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$103K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$114
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-14.3%vs the Cedar Rapids ZIP median sale $/ft² ($133)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
-0.0%per yeartypical hold 3.5 yrsfrom 8 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20042007200820122015201820192024
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20042007200820122015201820192024

17 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$98K$102K$106K$109K900 ft²903 ft²906 ft²908 ft²911 ft²914 ft²
2 bd
2 bed
12 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 900 ft²
8 units
2 bd · 2 ba · 914 ft²
4 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$98K–$99K
4 units
$101K–$101K
1 unit
$103K–$103K
3 units
$105K–$105K
2 units
$107K–$107K
1 unit
$109K–$109K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$115/ft²
Floor 2
$113/ft²
Floor 3
$112/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·03
$116/ft²
Line ·01
$115/ft²
Line ·04
$111/ft²
Line ·02
$110/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.92%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.8%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.14.6 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.100%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.58%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$96,466
Median tax billThe middle annual property tax bill among the building's units.$1,496
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 101Sep 9, 2024$112,000Unit 303Sep 7, 2021$95,000Unit 101Jun 5, 2019$85,500Unit 304Dec 21, 2018$78,000Unit 302Nov 26, 2018$83,000Unit 103Jun 1, 2018$83,000Unit 304Sep 9, 2016$80,500Unit 103Jun 26, 2015$82,000Unit 301Jun 1, 2012$80,000Unit 303Dec 15, 2011$80,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.11 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountyLinn
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 96 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Trailside Elementary School
Elementary · Grades KG–5 · 1.2 mi
M
Benjamin Franklin Middle SchoolC-
Middle · Grades 6–8 · 1.3 mi
H
Washington High SchoolD+
High · Grades 9–12 · 1.7 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52402These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.40,864
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,020 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$73,958
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$89,674
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

3040 Center Point Rd Ne Apt 101
2 bd · 2 ba · 900 ft²
$109K
3040 Center Point Rd Ne Apt 102
2 bd · 2 ba · 900 ft²
$98K
3040 Center Point Rd Ne Apt 103
2 bd · 2 ba · 900 ft²
$103K
3040 Center Point Rd Ne Apt 104
2 bd · 2 ba · 900 ft²
$105K
3040 Center Point Rd Ne Apt 201
2 bd · 2 ba · 900 ft²
$103K
3040 Center Point Rd Ne Apt 202
2 bd · 2 ba · 900 ft²
$98K
3040 Center Point Rd Ne Apt 203
2 bd · 2 ba · 900 ft²
$107K
3040 Center Point Rd Ne Apt 204
2 bd · 2 ba · 900 ft²
$98K
3040 Center Point Rd Ne Apt 301
2 bd · 2 ba · 914 ft²
$101K
3040 Center Point Rd Ne Apt 302
2 bd · 2 ba · 914 ft²
$103K
3040 Center Point Rd Ne Apt 303
2 bd · 2 ba · 914 ft²
$105K
3040 Center Point Rd Ne Apt 304
2 bd · 2 ba · 914 ft²
$99K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 3040 Center Point Rd

How many units are in 3040 Center Point Rd, Cedar Rapids, IA?

3040 Center Point Rd, Cedar Rapids, IA has 12 residential units across 3 floors, built in 2002, according to county assessor records.

What is a unit at 3040 Center Point Rd, Cedar Rapids, IA worth?

The median TopHap Estimate across the 12 units at 3040 Center Point Rd, Cedar Rapids, IA is $103,320. That works out to $114 per square foot. Units run from 900 to 914 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 3040 Center Point Rd, Cedar Rapids, IA expensive for Cedar Rapids?

Units at 3040 Center Point Rd, Cedar Rapids, IA carry a median of $114 per square foot, 14% below the Cedar Rapids median of $133 per square foot.

How often do units sell at 3040 Center Point Rd, Cedar Rapids, IA?

0 units at 3040 Center Point Rd, Cedar Rapids, IA sold in the last 12 months, out of 17 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 3040 Center Point Rd, Cedar Rapids, IA appreciated?

Across 8 repeat sales of the same unit, 3040 Center Point Rd, Cedar Rapids, IA returned a median -0.0% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 3.5 years.

What floor plans does 3040 Center Point Rd, Cedar Rapids, IA have?

The most common plan at 3040 Center Point Rd, Cedar Rapids, IA is a 2-bedroom of 900 square feet, repeated 8 times, with a median estimate of $103,354. TopHap identifies 2 recurring plans in the building.

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