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Residential (General/Single)Residential
$209,258
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

40TH STREET DR SE

CEDAR RAPIDS, IA 52403
0
Baths
436 ft²
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$209K
$180K low$238K high
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.$209,258
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$167,406

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4 (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.$200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$200

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.56 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyLinn
Lot (acres)The size of the land the home sits on, from county records.0.01
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

E
Kenwood Leadership AcademyD-
Elementary · Grades PK–5 · 0.8 mi
H
Washington High SchoolD+
High · Grades 9–12 · 1.5 mi
M
Benjamin Franklin Middle SchoolC-
Middle · Grades 6–8 · 1.6 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.Absentee owner
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

40th Street 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.

  • Among the smallest lots 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
$80K$972K

This home is worth more than 48% 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$209,258
CheaperTypical $214,843Pricier

Pricier than 48% of homes nearby

Lot size436 ft²
SmallerTypical 0.23 acBigger

Smaller than almost all homes nearby

How 40th Street Dr Se ranks against every home in each area.
MeasureThis homeCedar Rapids 52403Linn County
Estimated valuepricier than$209,25848% of homes41% of homes
Lot sizebigger than436 ft²almost no homesalmost no homes

About 40th Street Dr Se

How much is 40th Street Dr Se, Cedar Rapids, IA worth?

The TopHap Estimate for 40th Street Dr Se, Cedar Rapids, IA is $209,258 as of Jul 14, 2026. The likely range is $180,266 to $238,250. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40th Street Dr Se, Cedar Rapids, IA last sell?

40th Street Dr Se, Cedar Rapids, IA last sold on Aug 14, 2015, according to the county's recorded deed.

What schools serve 40th Street Dr Se, Cedar Rapids, IA?

40th Street Dr Se, Cedar Rapids, IA is assigned to Kenwood Leadership Academy (elementary), rated D-; Washington High School (high), rated D+; Benjamin Franklin Middle School (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 40th Street Dr Se, Cedar Rapids, IA compare to other homes in Cedar Rapids 52403?

Among the 10,165 homes in Cedar Rapids 52403, it is worth more than 48% of them ($209,258 against a typical $214,843) and its lot is bigger than almost none of them (436 ft² against a typical 0.23 ac). Measured against all of Linn County, it is worth more than 41% 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 40th Street Dr Se, Cedar Rapids, IA?

The 2024 property tax bill for 40th Street Dr Se, Cedar Rapids, IA was $4. The county assessed it at $200.

Closest homes

More homes in Cedar Rapids 52403

Assigned schools

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