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CondominiumResidential
Last sold for $155,000 on Aug 29, 2024

400 1ST ST SE

CEDAR RAPIDS, IA 52401
1990
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
Built 19904 floors39 units629–1,189 ft²
$4.2M
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.
$97K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$120
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+20.8%vs the Cedar Rapids ZIP median sale $/ft² ($99)

Sales Performance

$90K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-22.9%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
4
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
10.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
-14.7%per yeartypical hold 7.9 yrsfrom 43 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20082011201520172020202220242026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20082011201520172020202220242026

84 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.
$65K$108K$150K$193K629 ft²741 ft²853 ft²965 ft²1,077 ft²1,189 ft²
1 bd2 bd
1 bed
12 units
2 bed
27 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 · 870 ft²
21 units
1 bd · 1 ba · 629 ft²
4 units
1 bd · 1 ba · 663 ft²
4 units
2 bd · 2 ba · 1,189 ft²
4 units
1 bd · 1 ba · 649 ft²
2 units
One-off layouts
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.

$65K–$77K
4 units
$84K–$96K
15 units
$97K–$113K
8 units
$114K–$123K
5 units
$132K–$142K
2 units
$147K–$148K
3 units
$187K–$193K
2 units

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
$127/ft²
Floor 2
$130/ft²
Floor 3
$135/ft²
Floor 4
$115/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 ·07
$192/ft²
Line ·00
$166/ft²
Line ·05
$128/ft²
Line ·09
$127/ft²
Line ·02
$119/ft²
Line ·04
$118/ft²
Line ·01
$114/ft²
Line ·06
$110/ft²
Line ·03
$109/ft²
Line ·08
$107/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.54%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.31%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.3.9 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.20%
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.71%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$93,394
Median tax billThe middle annual property tax bill among the building's units.$1,494
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.1

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

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

Pre-foreclosure (LIS)A foreclosure notice on this home is currently active. Many are worked out before any auction happens.
A foreclosure-related notice has been recorded for this property.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,984 (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.$129,300 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$129,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$119,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$129,300

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.42
66
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
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.
61
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
15
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.11 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.34%
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.Concrete
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.Urethane
HeatingThe type of heating system in the home.Baseboard
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

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.

District: Cedar Rapids Community School District

Neighborhood · ZIP 52401These 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.186
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 100.19

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.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.2,387
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,782 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$40,002
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60,895
Average tempThe average temperature here across a full year.49°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%

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

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.

400 1st St Se
2 bd · 2 ba · 1,335 ft²
$217K
400 1st St Se Apt 100
1 bd · 1 ba · 1,027 ft²
$193K
400 1st St Se Apt 101
1 bd · 1 ba · 823 ft²
$103K
400 1st St Se Apt 102
2 bd · 2 ba · 870 ft²
$96K
400 1st St Se Apt 104
2 bd · 2 ba · 870 ft²
$88K
400 1st St Se Apt 106
2 bd · 2 ba · 870 ft²
$109K
400 1st St Se Apt 107
1 bd · 1 ba · 629 ft²
$92K
400 1st St Se Apt 108
2 bd · 2 ba · 870 ft²
$88K
400 1st St Se Apt 109
1 bd · 1 ba · 663 ft²
$77K
400 1st St Se Apt 200
1 bd · 1 ba · 649 ft²
$88K
400 1st St Se Apt 201
2 bd · 2 ba · 870 ft²
$89K
400 1st St Se Apt 202
2 bd · 2 ba · 870 ft²
$114K
400 1st St Se Apt 203
2 bd · 2 ba · 870 ft²
$93K
400 1st St Se # 204
2 bd · 2 ba · 870 ft²
$95K
400 1st St Se Apt 205
2 bd · 2 ba · 870 ft²
$94K
400 1st St Se Apt 206
2 bd · 2 ba · 870 ft²
$88K
400 1st St Se Apt 207
1 bd · 1 ba · 629 ft²
$187K
400 1st St Se Apt 208
2 bd · 2 ba · 870 ft²
$88K
400 1st St Se Apt 209
1 bd · 1 ba · 663 ft²
$71K
400 1st St Se Apt 300
1 bd · 1 ba · 649 ft²
$113K
400 1st St Se Apt 301
2 bd · 2 ba · 870 ft²
$96K
400 1st St Se Apt 302
2 bd · 2 ba · 870 ft²
$115K
400 1st St Se # 303
2 bd · 2 ba · 870 ft²
$93K
400 1st St Se Apt 304
2 bd · 2 ba · 870 ft²
$123K
400 1st St Se Apt 305
2 bd · 2 ba · 870 ft²
$132K
400 1st St Se Apt 306
2 bd · 2 ba · 870 ft²
$105K
400 1st St Se Apt 307
1 bd · 1 ba · 629 ft²
$84K
400 1st St Se Apt 308
2 bd · 2 ba · 870 ft²
$88K
400 1st St Se Apt 309
1 bd · 1 ba · 663 ft²
$120K
400 1st St Se Apt 401
2 bd · 2 ba · 870 ft²
$104K
400 1st St Se Apt 402
2 bd · 2 ba · 1,189 ft²
$122K
400 1st St Se Apt 403
2 bd · 2 ba · 870 ft²
$97K
400 1st St Se Apt 404
2 bd · 2 ba · 1,189 ft²
$142K
400 1st St Se Apt 405
2 bd · 2 ba · 870 ft²
$109K
400 1st St Se Apt 406
2 bd · 2 ba · 1,189 ft²
$113K
400 1st St Se Apt 408
2 bd · 2 ba · 1,189 ft²
$147K
400 1st St Se Apt 409
1 bd · 1 ba · 629 ft²
$65K
400 1st St Se # 410
2 bd · 2.3 ba · 1,189 ft²
$148K
400 1st St Se Apt 411
1 bd · 1 ba · 663 ft²
$73K
400 1st St Se # 412
2 bd · 2.3 ba · 1,178 ft²
$147K

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

About 400 1st St

How many units are in 400 1st St, Cedar Rapids, IA?

400 1st St, Cedar Rapids, IA has 39 residential units across 4 floors, built in 1990, according to county assessor records.

What is a unit at 400 1st St, Cedar Rapids, IA worth?

The median TopHap Estimate across the 39 units at 400 1st St, Cedar Rapids, IA is $97,423. That works out to $120 per square foot. Units run from 629 to 1,189 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 400 1st St, Cedar Rapids, IA expensive for Cedar Rapids?

Units at 400 1st St, Cedar Rapids, IA carry a median of $120 per square foot, 21% above the Cedar Rapids median of $99 per square foot.

How often do units sell at 400 1st St, Cedar Rapids, IA?

4 units at 400 1st St, Cedar Rapids, IA sold in the last 12 months, out of 84 recorded arms-length sales all time. That is a turnover rate of 10.3% of the building per year. The median sale over that period was $90K.

Have units at 400 1st St, Cedar Rapids, IA appreciated?

Across 43 repeat sales of the same unit, 400 1st St, Cedar Rapids, IA returned a median -14.7% 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 7.9 years.

What floor plans does 400 1st St, Cedar Rapids, IA have?

The most common plan at 400 1st St, Cedar Rapids, IA is a 2-bedroom of 870 square feet, repeated 21 times, with a median estimate of $95,500. TopHap identifies 5 recurring plans in the building.

Closest homes

More homes in Cedar Rapids 52401

Assigned schools

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