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2131 1st Ave

Cedar Rapids, IA 52402

2 bd 2 ba 2,088 sqft Built 1979 condos
Most recent sale
$216,500
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $216,500 Public Record
Oct 12, 2022 Sold $216,500 CedarRapids
Sep 2, 2022 Price changed $218,500 MLS #2207667
Aug 9, 2022 Listed $223,500 MLS #2207667
Jul 13, 2015 Sold $176,000 Public Record
Jul 31, 2009 Sold $136,000 Public Record
Jul 9, 2009 Listing removed $149,900 CedarRapids
Apr 17, 2009 Relisted $149,900 MLS #2802202
Feb 21, 2009 Listing removed $149,900 CedarRapids
Feb 16, 2009 Price changed $149,900 MLS #2802202
Apr 3, 2008 Listed $164,900 MLS #2802202

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $177,200 $25,000 $202,200 $3,424
2023 $168,700 $20,500 $189,200 $3,882
2022 $166,600 $17,500 $184,100 $3,708
2021 $165,000 $14,000 $179,000 $3,734
2020 $155,200 $14,000 $169,200 $3,634
2019 $155,200 $14,000 $169,200 $3,648
2018 $155,200 $14,000 $169,200 $3,082
2017 $138,000 $9,000 $147,000 $3,382
2016 $146,300 $9,000 $155,300 $3,192
2015 $141,200 $9,000 $150,200 $3,054
2014 $134,533 $9,000 $143,533 $2,988
2012 $122,304 $9,000 $131,304 $2,654
2011 $105,517 $9,000 $114,517 $2,200
2010 $105,517 $9,000 $114,517 $2,100
2009 $102,899 $9,000 $111,899 $1,794
2004 $102,899 $9,000 $111,899 $1,746

Property facts

Year built
1979
Property type
condos
Stories
Beds
2
Baths
2
Living area
2,088 sqft
Lot size
ZIP code
52402
City
Cedar Rapids
Street
1st Ave
Coordinates
41.99668, -91.63578

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,299
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2131 1st Ave last sell?
2131 1st Ave most recently sold on Oct 13, 2022 for $216,500.
What is the current tax assessment for 2131 1st Ave?
The most recent total assessment for 2131 1st Ave (year 2025) is $202,200 with $3,424 in property tax.
How does 2131 1st Ave's assessment compare to its last sale price?
The current assessment is 6.6% below the last sale price of $216,500.
When was 2131 1st Ave built?
2131 1st Ave was built in 1979.
How does 2131 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 2131 1st Ave?
2131 1st Ave is a 2 bed, 2 bath, 2,088 sqft condos.
Is 2131 1st Ave a flip candidate?
No — 2131 1st Ave does not appear in our flips dataset.
Is 2131 1st Ave a tax-appeal candidate?
No — 2131 1st Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast

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