For sale

$140,000

4131 Lexington Dr NE APT B, Cedar Rapids, IA 52402

2beds

1,022sqft

$1,241/mo

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Condominium

Built in 1978

-- sqft lot

$135,800 Zestimate^®

$137/sqft

$175/mo HOA

What's special

Formal dining roomBeautiful open sunset viewsEntry coat closet

Ready for the simple life in homeownership. This is the way to go. Easy drive in garage with short hallway to unit with NO steps, No lawn care, NO snow removal, No exterior maintenance plus laundry is in this main floor unit. Features include entry coat closet, large living room with brick fireplace, sliders to a covered patio with no units behind you, beautiful open sunset views. Formal dining room with entry to this perfect sized kitchen with ample counter space, cabinetry, plus walk in pantry. Full sized laundry/mechanical room is so convenient. Full bath is off both bedrooms as well. You will appreciate the close ammenities to restaurants, groceries, coffee shop, Edgewood Road, Highway 100, I380, 10 minutes to downtown and the MedQ medical district. No Pets, No rentals, Buyer start up fee is $475

1 day
125
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Laundry, Living Room

Other

Level: First

Heating

Forced Air, Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood
Laundry: Main Level

Features

Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Main Level Primary
Has basement: No
Has fireplace: Yes
Fireplace features: Insert, Living Room, Wood Burning

Interior area

Total interior livable area: 1,022 sqft
Finished area above ground: 1,022
Finished area below ground: 0

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: Attached, Garage, Guest, Garage Door Opener
Attached garage spaces: 1

Features

Stories: 1
Patio & porch: Patio

Details

Parcel number: 140822800401001
Other equipment: Intercom

Construction

Type & style

Home type: Condo
Architectural style: Ranch
Property subtype: Condominium

Materials

Frame, Vinyl Siding
Foundation: Slab

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: Yes
HOA fee: $175 monthly

Location

Region: Cedar Rapids

Financial & listing details

Price per square foot: $137/sqft
Tax assessed value: $131,400
Annual tax amount: $2,000
Date on market: 9/8/2026
Listing terms: Cash,Conventional

Estimated market value

$135,800

$129,000 - $143,000

$1,372/mo

Price history

Date	Event	Price
9/9/2026	Listed for sale	$140,000+55.7%$137/sqft
Source: CRAAR, CDRMLS #2606335 Report a problem
6/24/2016	Sold	$89,900$88/sqft
Source: CRAAR, CDRMLS #1600238 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,818 -2.8%	$131,400 +5.7%
2024	$1,870 -1.8%	$124,300 +0.9%
2023	$1,904 -0.4%	$123,200 +15.4%
2022	$1,912 -5.1%	$106,800 +5.4%
2021	$2,014 +1.9%	$101,300 +1.4%
2020	$1,976 -7%	$99,900 -0.9%
2019	$2,126 +9.5%	$100,800 +2.2%
2018	$1,942 +7.6%	$98,600 +7.1%
2017	$1,804 -10.1%	$92,100 +4.1%
2016	$2,006 +23.4%	$88,500 -1.1%
2015	$1,626 -1.3%	$89,519
2014	$1,648 +2.5%	$89,519
2013	$1,608 +6.8%	$89,519
2012	$1,506	$89,519
2011	--	$89,519
2010	$1,338	$89,519 +3.8%
2008	--	$86,219
2007	--	$86,219
2005	--	$86,219 -1.6%
2004	--	$87,588
2003	--	$87,588 -3.8%
2002	--	$91,052 +14%
2001	--	$79,870
2000	--	$79,870