228 40th StCedar Rapids, IA 52403

  • Residential income properties
  • 4,160 SF
Off market
$360,822 Estimated

Property Details for 228 40th St

Year built
1979
Lot size
0.30 AC
Property size (Sq ft)
4,160 SF
Property type
Residential income properties
Property subtype
Residential income homes
APN
14-11-2-03-008-0-0000
APU
141120300800000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $849,130
    6.5%
    $783,812
    7%
    $727,825
  • Comparable approach

    Method
    Valuation
    Relative Method
    $329,106
    Geo Method
    $329,106
  • Alternative Use

    Use
    Valuation
    Residential
    $783,812
    Hospitality
    $717,967
    Educational
    $597,340
    Medical
    $617,884
    Retail
    $929,196
228 40th St, Cedar Rapids, Iowa

Location Insight

City
Cedar Rapids
County
Linn
State
Iowa
Latitude
42.0184
Longitude
-91.6287
CBSA code
16300
CBSA name
CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $269,200
  • Assessed land value
    $29,000
  • Assessed value
    $298,200
  • Tax year
    2022
  • Tax bill
    $4,956

FAQs

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