228 40th StCedar Rapids, IA 52403

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

• 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

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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