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CondominiumResidential
$137,076$103 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $135,000 on Aug 12, 2025

215 40TH STREET DR SE

CEDAR RAPIDS, IA 52403
Building report
2
Beds
2
Baths
1,325 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
4.78 ac
Lot SizeThe size of the land the home sits on, from county records.
1979
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$137K
$124K low$151K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$135,000 · Aug 12, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,292 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$130,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$112,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$127,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$130,300

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.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.1 percent flood zone

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)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
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.DeckPatio · 168 ft²

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

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

E
Kenwood Leadership AcademyD-
Elementary · Grades PK–5 · 0.6 mi
H
Washington High SchoolD+
High · Grades 9–12 · 1.4 mi
M
Benjamin Franklin Middle SchoolC-
Middle · Grades 6–8 · 1.5 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52403These 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.110
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 100.18

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
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.23,841
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.892 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$79,627
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$114,272
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%

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

How this home compares

215 40th Street Dr Se measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 86% of homes in Linn County
  • Costs less per square foot than 90% of homes in Linn County
  • Smaller than 72% of homes in Cedar Rapids 52403
  • Has a bigger lot than 97% of homes in Cedar Rapids 52403
  • Newer than 82% of homes in Cedar Rapids 52403

What homes are worth in Cedar Rapids 52403

Each bar is how many homes fall in that price range. The marker is this home.

This home
$81K$1M

This home is worth more than 20% of homes in Cedar Rapids 52403.

How it measures up in Cedar Rapids 52403

The dot is this home. The mark in the middle is the typical home in Cedar Rapids 52403.

Estimated value$137,076
CheaperTypical $219,653Pricier

Pricier than 20% of homes nearby

Price per ft²$103
CheaperTypical $135Pricier

Pricier than 22% of homes nearby

Living area1,325 ft²
SmallerTypical 1,664 ft²Bigger

Bigger than 28% of homes nearby

Lot size4.78 ac
SmallerTypical 0.24 acBigger

Bigger than 97% of homes nearby

Year built1979
OlderTypical 1954Newer

Newer than 82% of homes nearby

How 215 40th Street Dr Se ranks against every home in each area.
MeasureThis homeCedar Rapids 52403Linn County
Estimated valuepricier than$137,07620% of homes14% of homes
Price per ft²pricier than$10322% of homes10% of homes
Living areabigger than1,325 ft²28% of homes34% of homes
Lot sizebigger than4.78 ac97% of homes95% of homes
Year builtnewer than197982% of homes55% of homes

About 215 40th Street Dr Se

How much is 215 40th Street Dr Se, Cedar Rapids, IA worth?

The TopHap Estimate for 215 40th Street Dr Se, Cedar Rapids, IA is $137,076 as of Sep 24, 2026. The likely range is $123,582 to $150,570. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 215 40th Street Dr Se, Cedar Rapids, IA last sell?

215 40th Street Dr Se, Cedar Rapids, IA last sold on Aug 12, 2025 for $135,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 215 40th Street Dr Se, Cedar Rapids, IA?

215 40th Street Dr Se, Cedar Rapids, IA has 2 bedrooms, 2 bathrooms and 1,325 square feet of living space.

When was 215 40th Street Dr Se, Cedar Rapids, IA built?

215 40th Street Dr Se, Cedar Rapids, IA was built in 1979, making it 47 years old. It is a a-frame home. The building has 1 story.

What schools serve 215 40th Street Dr Se, Cedar Rapids, IA?

215 40th Street Dr Se, Cedar Rapids, IA is assigned to Kenwood Leadership Academy (elementary), rated D-; Washington High School (high), rated D+; Benjamin Franklin Middle School (middle), rated C-. All sit in Cedar Rapids Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 215 40th Street Dr Se, Cedar Rapids, IA compare to other homes in Cedar Rapids 52403?

Among the 10,078 homes in Cedar Rapids 52403, it is worth more than 20% of them ($137,076 against a typical $219,653), its price per square foot is higher than 22% of them ($103 against a typical $135), it is bigger than 28% of them (1,325 ft² against a typical 1,664 ft²), its lot is bigger than 97% of them (4.78 ac against a typical 0.24 ac) and it is newer than 82% of them (1979 against a typical 1954). Measured against all of Linn County, it is worth more than 14% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 215 40th Street Dr Se, Cedar Rapids, IA?

The 2025 property tax bill for 215 40th Street Dr Se, Cedar Rapids, IA was $2,292. The county assessed it at $130,300.

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