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CondominiumResidential
$148,000$124 / 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 89How 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 $88,000 on Mar 26, 2026

400 1ST ST SE

CEDAR RAPIDS, IA 52401
Building report
2
Beds
2.3
Baths
1,189 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.
2.62 ac
Lot SizeThe size of the land the home sits on, from county records.
1990
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$148K
$131K low$165K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$88,000 · Mar 26, 2026
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.$77,600
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$62,080
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.48%
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.$70,400
CORDA CU · 7.37% 1 · recorded Mar 26, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,974 (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.$112,700 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$112,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$111,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$112,700

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
CountyLINN
Lot (acres)The size of the land the home sits on, from county records.2.62
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Baseboard
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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.

M
McKinley STEAM AcademyC-
Middle · Grades 6–8 · 0.7 mi
E
Grant Wood Elementary SchoolC+
Elementary · Grades PK–5 · 1.8 mi
H
Washington High SchoolD+
High · Grades 9–12 · 2.3 mi

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

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

400 1st St 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 82% of homes in Linn County
  • Costs less per square foot than 84% of homes in Linn County
  • Bigger than 74% of homes in Downtown
  • Has a bigger lot than 98% of homes in Cedar Rapids 52401
  • Newer than 86% of homes in Cedar Rapids 52401

What homes are worth in Cedar Rapids 52401

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

This home
$43K$494K

This home is worth more than 63% of homes in Cedar Rapids 52401.

How it measures up in Cedar Rapids 52401

The dot is this home. The mark in the middle is the typical home in Cedar Rapids 52401.

Estimated value$148,000
CheaperTypical $111,868Pricier

Pricier than 63% of homes nearby

Price per ft²$124
CheaperTypical $102Pricier

Pricier than 61% of homes nearby

Living area1,189 ft²
SmallerTypical 966 ft²Bigger

Bigger than 66% of homes nearby

Lot size2.62 ac
SmallerTypical 0.13 acBigger

Bigger than 98% of homes nearby

Year built1990
OlderTypical 1946Newer

Newer than 86% of homes nearby

How 400 1st St Se ranks against every home in each area.
MeasureThis homeDowntownCedar Rapids 52401Linn County
Estimated valuepricier than$148,00062% of homes63% of homes18% of homes
Price per ft²pricier than$12472% of homes61% of homes16% of homes
Living areabigger than1,189 ft²74% of homes66% of homes35% of homes
Lot sizebigger than2.62 ac93% of homes98% of homes93% of homes
Year builtnewer than199080% of homes86% of homes61% of homes

About 400 1st St Se

How much is 400 1st St Se, Cedar Rapids, IA worth?

The TopHap Estimate for 400 1st St Se, Cedar Rapids, IA is $148,000 as of Jul 14, 2026. The likely range is $131,129 to $164,871. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 400 1st St Se, Cedar Rapids, IA last sell?

400 1st St Se, Cedar Rapids, IA last sold on Mar 26, 2026 for $88,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 400 1st St Se, Cedar Rapids, IA?

400 1st St Se, Cedar Rapids, IA has 2 bedrooms, 2.3 bathrooms, 1,189 square feet of living space and a 2.62-acre lot.

When was 400 1st St Se, Cedar Rapids, IA built?

400 1st St Se, Cedar Rapids, IA was built in 1990, making it 36 years old. The building has 2 stories.

What schools serve 400 1st St Se, Cedar Rapids, IA?

400 1st St Se, Cedar Rapids, IA is assigned to McKinley STEAM Academy (middle), rated C-; Grant Wood Elementary School (elementary), 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 400 1st St Se, Cedar Rapids, IA compare to other homes in Cedar Rapids 52401?

Among the 848 homes in Cedar Rapids 52401, it is worth more than 63% of them ($148,000 against a typical $111,868), its price per square foot is higher than 61% of them ($124 against a typical $102), it is bigger than 66% of them (1,189 ft² against a typical 966 ft²), its lot is bigger than 98% of them (2.62 ac against a typical 0.13 ac) and it is newer than 86% of them (1990 against a typical 1946). Measured against all of Linn County, it is worth more than 18% 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 400 1st St Se, Cedar Rapids, IA?

The 2024 property tax bill for 400 1st St Se, Cedar Rapids, IA was $1,974. The county assessed it at $112,700.

Closest homes

More homes in Cedar Rapids 52401

Assigned schools

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