639 40th St SE Cedar Rapids, IA 52403
Estimated payment $1,445/month
Total Views
4,924
4
Beds
2
Baths
1,930
Sq Ft
$112
Price per Sq Ft
Highlights
- Main Floor Primary Bedroom
- Formal Dining Room
- Living Room
- No HOA
- Patio
- Laundry Room
About This Home
Accepted Offer 8-14-25, Showing for Back up offers. Welcome to this beautifully updated 4-bedroom, 2-bath split-level home tucked away on a quiet, tree-lined street! This move-in-ready gem is loaded with recent upgrades, including a new roof, siding, and gutters, new AC unit, updated water heater, and a fully remodeled tub/shower upstairs. You'll love the gleaming hardwood floors on the upper level, fresh flooring in the lower level, and a completely reimagined covered back porch—perfect for relaxing or entertaining. The main level features a spacious, open-concept kitchen and living area filled with natural light, along with three generous bedrooms. Downstairs, the fully finished walkout lower level offers a cozy family room, a fourth bedroom, a full bathroom, and a dedicated laundry area. Step outside and enjoy the serene backyard from your upgraded covered porch, surrounded by mature trees that provide beauty and privacy. Homes like this don’t last long—schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,247
Year Built
- Built in 1962
Lot Details
- 6,708 Sq Ft Lot
Parking
- 1 Car Garage
- Garage Door Opener
- On-Street Parking
Home Design
- Split Foyer
- Vinyl Siding
Interior Spaces
- Multi-Level Property
- Family Room
- Living Room
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Patio
- Shed
Schools
- Erskine Elementary School
- Mckinley Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 142437603900000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,208 | $195,500 | $30,500 | $165,000 |
| 2023 | $3,208 | $183,500 | $30,500 | $153,000 |
| 2022 | $2,878 | $161,000 | $30,500 | $130,500 |
| 2021 | $2,958 | $147,900 | $26,100 | $121,800 |
| 2020 | $2,958 | $142,700 | $20,300 | $122,400 |
| 2019 | $2,648 | $131,400 | $20,300 | $111,100 |
| 2018 | $2,744 | $131,400 | $20,300 | $111,100 |
| 2017 | $2,625 | $133,700 | $20,300 | $113,400 |
| 2016 | $2,625 | $123,500 | $20,300 | $103,200 |
| 2015 | $2,669 | $125,417 | $20,317 | $105,100 |
| 2014 | $2,484 | $127,200 | $23,219 | $103,981 |
| 2013 | $2,464 | $127,200 | $23,219 | $103,981 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $215,500 | +70.4% | $112 / Sq Ft |
| 11/22/2017 11/22/17 | Sold | $126,500 | -2.7% | $66 / Sq Ft |
| 10/04/2017 10/04/17 | Pending | -- | -- | -- |
| 09/12/2017 09/12/17 | For Sale | $129,950 | -- | $67 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $126,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $137,000 | New Conventional | |
| Closed | $113,850 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $100,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $42,500 | Unknown |
Source: Public Records
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Beautiful main level condo surrounded by mature trees & nature! This end-unit condo offers privacy & easy living. As a bonus – this HOA has a pool to enjoy in the summer months! Fresh paint throughout the unit. You will be welcomed by the spacious living room with a corner gas fireplace. Dining area that leads to the kitchen with granite countertops, oak cabinets, new dishwasher, Blanco sink,
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Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2506498
APN: 14243-76039-00000
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