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Single Family ResidenceResidential
$221,886$216 / 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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $120,000 on May 28, 2015

40 THOMPSON DR

PALO, IA 52324
3
Beds
1
Baths
1,029 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.
0.29 ac
Lot SizeThe size of the land the home sits on, from county records.
1981
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.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$222K
$203K low$241K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$120,000 · May 28, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,526 (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.$149,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$26,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$122,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$165,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$149,400

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.0.29
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.Metal
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.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 · 120 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
Viola Gibson Elementary SchoolA-
Elementary · Grades PK–5 · 4.4 mi
H
Kennedy High SchoolC+
High · Grades 9–12 · 6.3 mi
M
Harding Middle SchoolB+
Middle · Grades 6–8 · 7.8 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52324These 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.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.21

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.3,488
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.85 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,925
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$120,494
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.35 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

40 Thompson Dr 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 72% of homes in Palo 52324
  • Costs more per square foot than 71% of homes in Linn County
  • Smaller than 93% of homes in Palo 52324
  • Has a smaller lot than 66% of homes in Palo 52324
  • Older than 70% of homes in Palo 52324

What homes are worth in Palo 52324

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

This home
$50K$624K

This home is worth more than 28% of homes in Palo 52324.

How it measures up in Palo 52324

The dot is this home. The mark in the middle is the typical home in Palo 52324.

Estimated value$221,886
CheaperTypical $312,968Pricier

Pricier than 28% of homes nearby

Price per ft²$216
CheaperTypical $221Pricier

Pricier than 46% of homes nearby

Living area1,029 ft²
SmallerTypical 1,493 ft²Bigger

Bigger than 7% of homes nearby

Lot size0.29 ac
SmallerTypical 0.32 acBigger

Bigger than 34% of homes nearby

Year built1981
OlderTypical 2005Newer

Newer than 30% of homes nearby

How 40 Thompson Dr ranks against every home in each area.
MeasureThis homePalo 52324Linn County
Estimated valuepricier than$221,88628% of homes45% of homes
Price per ft²pricier than$21646% of homes71% of homes
Living areabigger than1,029 ft²7% of homes21% of homes
Lot sizebigger than0.29 ac34% of homes62% of homes
Year builtnewer than198130% of homes56% of homes

About 40 Thompson Dr

How much is 40 Thompson Dr, Palo, IA worth?

The TopHap Estimate for 40 Thompson Dr, Palo, IA is $221,886 as of Aug 30, 2026. The likely range is $202,730 to $241,042. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Thompson Dr, Palo, IA last sell?

40 Thompson Dr, Palo, IA last sold on May 28, 2015 for $120,000, according to the county's recorded deed.

How big is 40 Thompson Dr, Palo, IA?

40 Thompson Dr, Palo, IA has 3 bedrooms, 1 bathrooms, 1,029 square feet of living space and a 0.29-acre lot.

When was 40 Thompson Dr, Palo, IA built?

40 Thompson Dr, Palo, IA was built in 1981, making it 45 years old. It is a a-frame home. The building has 1 story.

What schools serve 40 Thompson Dr, Palo, IA?

40 Thompson Dr, Palo, IA is assigned to Viola Gibson Elementary School (elementary), rated A-; Kennedy High School (high), rated C+; Harding Middle School (middle), rated B+. All sit in Cedar Rapids Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Thompson Dr, Palo, IA compare to other homes in Palo 52324?

Among the 1,287 homes in Palo 52324, it is worth more than 28% of them ($221,886 against a typical $312,968), its price per square foot is higher than 46% of them ($216 against a typical $221), it is bigger than 7% of them (1,029 ft² against a typical 1,493 ft²), its lot is bigger than 34% of them (0.29 ac against a typical 0.32 ac) and it is newer than 30% of them (1981 against a typical 2005). 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.

What are the property taxes on 40 Thompson Dr, Palo, IA?

The 2024 property tax bill for 40 Thompson Dr, Palo, IA was $2,526. The county assessed it at $149,400.

More homes on Thompson Dr

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