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Single Family ResidenceResidential
$826,353$285 / 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 Jul 14, 2026
Last sold for $469,500 on Nov 6, 2008

3040 DIAMOND LN

CEDAR RAPIDS, IA 52403
4
Beds
6
Baths
2,896 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.
1.18 ac
Lot SizeThe size of the land the home sits on, from county records.
1998
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$826K
$746K low$907K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$469,500 · Nov 6, 2008
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.$422,453
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$337,962
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.51%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$336,900
BANK IOWA · recorded Oct 9, 2012
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$67,000
BANK IOWA

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$10,274 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$494,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$101,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$392,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$556,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$494,600

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.51
75
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
26
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
60
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
24
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.55 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

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.1.18
ConstructionThe main material the home's frame and walls are built from.Brick
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
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
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.Deck · 331 ft²Porch · 88 ft²

Transaction History(1)

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

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

E
Starry Elementary School
Elementary · Grades PK–2 · 1.0 mi
H
Marion High SchoolB-
High · Grades 9–12 · 1.0 mi
M
Vernon Middle SchoolB
Middle · Grades 5–8 · 1.5 mi

District: Marion Independent 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%

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.No

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

3040 Diamond Ln 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.

  • Among the most valuable homes in Linn County
  • Costs more per square foot than 94% of homes in Cedar Rapids 52403
  • Bigger than 97% of homes in Linn County
  • Has a bigger lot than 89% of homes in Linn County
  • Newer than 92% 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
$79K$934K

This home is worth more than 97% 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$826,353
CheaperTypical $213,698Pricier

Pricier than 97% of homes nearby

Price per ft²$285
CheaperTypical $157Pricier

Pricier than 94% of homes nearby

Living area2,896 ft²
SmallerTypical 1,462 ft²Bigger

Bigger than 92% of homes nearby

Lot size1.18 ac
SmallerTypical 0.22 acBigger

Bigger than 88% of homes nearby

Year built1998
OlderTypical 1954Newer

Newer than 92% of homes nearby

How 3040 Diamond Ln ranks against every home in each area.
MeasureThis homeCedar Rapids 52403Linn County
Estimated valuepricier than$826,35397% of homesalmost all homes
Price per ft²pricier than$28594% of homes93% of homes
Living areabigger than2,896 ft²92% of homes97% of homes
Lot sizebigger than1.18 ac88% of homes89% of homes
Year builtnewer than199892% of homes71% of homes

About 3040 Diamond Ln

How much is 3040 Diamond Ln, Cedar Rapids, IA worth?

The TopHap Estimate for 3040 Diamond Ln, Cedar Rapids, IA is $826,353 as of Jul 14, 2026. The likely range is $746,158 to $906,548. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3040 Diamond Ln, Cedar Rapids, IA last sell?

3040 Diamond Ln, Cedar Rapids, IA last sold on Nov 6, 2008 for $469,500, according to the county's recorded deed.

How big is 3040 Diamond Ln, Cedar Rapids, IA?

3040 Diamond Ln, Cedar Rapids, IA has 4 bedrooms, 6 bathrooms, 2,896 square feet of living space and a 1.18-acre lot.

When was 3040 Diamond Ln, Cedar Rapids, IA built?

3040 Diamond Ln, Cedar Rapids, IA was built in 1998, making it 28 years old. It is a a-frame home. The building has 2 stories.

What schools serve 3040 Diamond Ln, Cedar Rapids, IA?

3040 Diamond Ln, Cedar Rapids, IA is assigned to Starry Elementary School (elementary); Marion High School (high), rated B-; Vernon Middle School (middle), rated B. All sit in Marion Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3040 Diamond Ln, Cedar Rapids, IA compare to other homes in Cedar Rapids 52403?

Among the 10,171 homes in Cedar Rapids 52403, it is worth more than 97% of them ($826,353 against a typical $213,698), its price per square foot is higher than 94% of them ($285 against a typical $157), it is bigger than 92% of them (2,896 ft² against a typical 1,462 ft²), its lot is bigger than 88% of them (1.18 ac against a typical 0.22 ac) and it is newer than 92% of them (1998 against a typical 1954). Measured against all of Linn County, it is worth more than almost all 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 3040 Diamond Ln, Cedar Rapids, IA?

The 2024 property tax bill for 3040 Diamond Ln, Cedar Rapids, IA was $10,274. The county assessed it at $494,600.

More homes on Diamond Ln

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Assigned schools

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