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Residential (General/Single)Residential
$228,854
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
0
Baths
0.91 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$229K
$197K low$260K 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.$228,854
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$183,083

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$900

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.142 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.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.Residential (General/Single)
CountyLinn
Lot (acres)The size of the land the home sits on, from county records.0.91

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 · 1.4 mi
M
Benjamin Franklin Middle SchoolC-
Middle · Grades 6–8 · 1.6 mi

District: Cedar Rapids Community School District

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.Yes

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.

  • Has a bigger lot than 85% of homes in Linn County

How it measures up in Linn County

The dot is this home. The mark in the middle is the typical home in Linn County.

Estimated value$228,854
CheaperTypical $232,423Pricier

Pricier than 48% of homes nearby

Lot size0.91 ac
SmallerTypical 0.23 acBigger

Bigger than 85% of homes nearby

How 40th Street Dr Se ranks against every home in each area.
MeasureThis homeLinn County
Estimated valuepricier than$228,85448% of homes
Lot sizebigger than0.91 ac85% of 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 $228,854 as of Jul 14, 2026. The likely range is $197,437 to $260,271. 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 Apr 8, 2019, 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 Linn County?

Among the 89,404 homes in Linn County, it is worth more than 48% of them ($228,854 against a typical $232,423) and its lot is bigger than 85% of them (0.91 ac against a typical 0.23 ac). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

Closest homes

Assigned schools

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See this home in context

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