639 40th St SE Cedar Rapids, IA 52403
Estimated payment $1,413/month
Highlights
- Main Floor Primary Bedroom
- Formal Dining Room
- Living Room
- No HOA
- Patio
- Laundry Room
About This Home
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!
Open House Schedule
-
Sunday, October 12, 202512:00 to 1:30 pm10/12/2025 12:00:00 PM +00:0010/12/2025 1:30:00 PM +00:00Add to Calendar
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
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 |
|---|---|---|---|---|
| 2025 | $3,062 | $210,000 | $34,800 | $175,200 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $215,500 | 0.0% | $112 / Sq Ft | |
| 08/30/2025 08/30/25 | Pending | -- | -- | -- | |
| 08/30/2025 08/30/25 | For Sale | $215,500 | 0.0% | $112 / Sq Ft | |
| 08/29/2025 08/29/25 | Pending | -- | -- | -- | |
| 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 | View Prior Sale |
| 10/04/2017 10/04/17 | Pending | -- | -- | -- | |
| 09/12/2017 09/12/17 | For Sale | $129,950 | -- | $67 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $126,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $113,850 | Adjustable Rate Mortgage/ARM |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2506498
APN: 14243-76039-00000
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