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Single Family ResidenceResidential
$220,822$98 / 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 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

234 40TH ST NE

CEDAR RAPIDS, IA 52402
3
Beds
3
Baths
2,245 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.
4.5 ac
Lot SizeThe size of the land the home sits on, from county records.
1948
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

$221K
$191K low$251K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$220,822
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$176,658

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$2,869,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$450,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$2,419,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$2,683,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$2,869,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountyLinn
Lot (acres)The size of the land the home sits on, from county records.4.50
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.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Wood
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 · 384 ft²Porch · 478 ft²

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 · 0.4 mi
M
Benjamin Franklin Middle SchoolC-
Middle · Grades 6–8 · 1.6 mi
H
Washington High SchoolD+
High · Grades 9–12 · 1.6 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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

234 40th St Ne 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 more than 90% of homes in Kenwood Park
  • Costs less per square foot than 94% of homes in Kenwood Park
  • Bigger than 98% of homes in Kenwood Park
  • Among the largest lots in Kenwood Park
  • Older than 79% of homes in Cedar Rapids 52402

What homes are worth in Cedar Rapids 52402

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

This home
$79K$511K

This home is worth more than 55% of homes in Cedar Rapids 52402.

How it measures up in Cedar Rapids 52402

The dot is this home. The mark in the middle is the typical home in Cedar Rapids 52402.

Estimated value$220,822
CheaperTypical $208,120Pricier

Pricier than 55% of homes nearby

Price per ft²$98
CheaperTypical $161Pricier

Pricier than 6% of homes nearby

Living area2,245 ft²
SmallerTypical 1,280 ft²Bigger

Bigger than 90% of homes nearby

Lot size4.5 ac
SmallerTypical 0.2 acBigger

Bigger than almost all homes nearby

Year built1948
OlderTypical 1968Newer

Newer than 21% of homes nearby

How 234 40th St Ne ranks against every home in each area.
MeasureThis homeKenwood ParkCedar Rapids 52402Linn County
Estimated valuepricier than$220,82290% of homes55% of homes45% of homes
Price per ft²pricier than$986% of homes6% of homes6% of homes
Living areabigger than2,245 ft²98% of homes90% of homes89% of homes
Lot sizebigger than4.5 acalmost all homesalmost all homes95% of homes
Year builtnewer than194845% of homes21% of homes21% of homes

About 234 40th St Ne

How much is 234 40th St Ne, Cedar Rapids, IA worth?

The TopHap Estimate for 234 40th St Ne, Cedar Rapids, IA is $220,822 as of Jul 14, 2026. The likely range is $190,824 to $250,820. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 234 40th St Ne, Cedar Rapids, IA last sell?

234 40th St Ne, Cedar Rapids, IA last sold on Oct 25, 2011, according to the county's recorded deed.

How big is 234 40th St Ne, Cedar Rapids, IA?

234 40th St Ne, Cedar Rapids, IA has 3 bedrooms, 3 bathrooms, 2,245 square feet of living space and a 4.50-acre lot.

When was 234 40th St Ne, Cedar Rapids, IA built?

234 40th St Ne, Cedar Rapids, IA was built in 1948, making it 78 years old. It is a a-frame home. The building has 1 story.

What schools serve 234 40th St Ne, Cedar Rapids, IA?

234 40th St Ne, Cedar Rapids, IA is assigned to Kenwood Leadership Academy (elementary), rated D-; Benjamin Franklin Middle School (middle), rated C-; Washington High School (high), rated D+. All sit in Cedar Rapids Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 234 40th St Ne, Cedar Rapids, IA compare to other homes in Cedar Rapids 52402?

Among the 15,377 homes in Cedar Rapids 52402, it is worth more than 55% of them ($220,822 against a typical $208,120), its price per square foot is higher than 6% of them ($98 against a typical $161), it is bigger than 90% of them (2,245 ft² against a typical 1,280 ft²), its lot is bigger than almost all of them (4.5 ac against a typical 0.2 ac) and it is newer than 21% of them (1948 against a typical 1968). Measured against all of Linn County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

Closest homes

More homes in Cedar Rapids 52402

Assigned schools

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