Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$231,592$155 / 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
Last sold for $140,000 on Feb 28, 2014

408 MEMORIAL DR SE

CEDAR RAPIDS, IA 52403
3
Beds
2
Baths
1,497 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1928
Year BuiltThe year the home was originally built, according to county records.
2
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

$232K
$199K low$265K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$140,000 · Feb 28, 2014
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.$83,762
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$67,010
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.64%
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.$147,830
FARMERS ST BK · recorded Feb 18, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,622 (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.$224,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$25,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$198,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$209,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$224,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLinn
Lot (acres)The size of the land the home sits on, from county records.0.12
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.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Radiant
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 · 261 ft²Porch · 24 ft²

Transaction History(2)

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
Grant Wood Elementary SchoolC+
Elementary · Grades PK–5 · 0.3 mi
H
Washington High SchoolD+
High · Grades 9–12 · 1.0 mi
M
McKinley STEAM AcademyC-
Middle · Grades 6–8 · 1.4 mi

District: Cedar Rapids Community 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

408 Memorial Dr 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.

  • Costs less per square foot than 66% of homes in Linn County
  • Has a smaller lot than 93% of homes in Linn County
  • Older than 84% of homes in Linn County

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$951K

This home is worth more than 55% 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$231,592
CheaperTypical $213,537Pricier

Pricier than 55% of homes nearby

Price per ft²$155
CheaperTypical $155Pricier

Pricier than 50% of homes nearby

Living area1,497 ft²
SmallerTypical 1,481 ft²Bigger

Bigger than 51% of homes nearby

Lot size0.12 ac
SmallerTypical 0.22 acBigger

Bigger than 11% of homes nearby

Year built1928
OlderTypical 1954Newer

Newer than 32% of homes nearby

How 408 Memorial Dr Se ranks against every home in each area.
MeasureThis homeCedar Rapids 52403Linn County
Estimated valuepricier than$231,59255% of homes50% of homes
Price per ft²pricier than$15550% of homes34% of homes
Living areabigger than1,497 ft²51% of homes59% of homes
Lot sizebigger than0.12 ac11% of homes7% of homes
Year builtnewer than192832% of homes16% of homes

About 408 Memorial Dr Se

How much is 408 Memorial Dr Se, Cedar Rapids, IA worth?

The TopHap Estimate for 408 Memorial Dr Se, Cedar Rapids, IA is $231,592 as of Jul 14, 2026. The likely range is $198,680 to $264,504. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 408 Memorial Dr Se, Cedar Rapids, IA last sell?

408 Memorial Dr Se, Cedar Rapids, IA last sold on Feb 28, 2014 for $140,000, according to the county's recorded deed.

How big is 408 Memorial Dr Se, Cedar Rapids, IA?

408 Memorial Dr Se, Cedar Rapids, IA has 3 bedrooms, 2 bathrooms, 1,497 square feet of living space and a 0.12-acre lot.

When was 408 Memorial Dr Se, Cedar Rapids, IA built?

408 Memorial Dr Se, Cedar Rapids, IA was built in 1928, making it 98 years old. The building has 2 stories.

What schools serve 408 Memorial Dr Se, Cedar Rapids, IA?

408 Memorial Dr Se, Cedar Rapids, IA is assigned to Grant Wood Elementary School (elementary), rated C+; Washington High School (high), rated D+; McKinley STEAM Academy (middle), rated C-. All sit in Cedar Rapids Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 408 Memorial Dr Se, Cedar Rapids, IA compare to other homes in Cedar Rapids 52403?

Among the 10,166 homes in Cedar Rapids 52403, it is worth more than 55% of them ($231,592 against a typical $213,537), its price per square foot is higher than 50% of them ($155 against a typical $155), it is bigger than 51% of them (1,497 ft² against a typical 1,481 ft²), its lot is bigger than 11% of them (0.12 ac against a typical 0.22 ac) and it is newer than 32% of them (1928 against a typical 1954). Measured against all of Linn County, it is worth more than 50% 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 408 Memorial Dr Se, Cedar Rapids, IA?

The 2024 property tax bill for 408 Memorial Dr Se, Cedar Rapids, IA was $3,622. The county assessed it at $224,100.

Closest homes

More homes in Cedar Rapids 52403

Assigned schools

Explore the area

See this home in context

Open 408 Memorial Dr Se on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map