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2135 1st Ave

Cedar Rapids, IA 52402

2 bd 2 ba 1,248 sqft Built 1979 condos
Most recent sale
$118,000
Jul 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 10, 2022 Listed $128,000 MLS #2205987
Jul 7, 2022 Listed $128,000 MLS #2205896
Jul 21, 2021 Sold $118,000 Public Record
Jun 11, 2021 Listed $114,900 MLS #2103915
Jul 26, 2011 Sold $85,000 Public Record
Jul 5, 2011 Listed $87,000 MLS #1104696

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $101,300 $25,000 $126,300 $2,064
2023 $102,300 $20,500 $122,800 $1,844
2022 $78,800 $17,500 $96,300 $1,546
2021 $73,000 $14,000 $87,000 $1,740
2020 $73,500 $14,000 $87,500 $1,804
2019 $78,800 $14,000 $92,800 $1,816
2018 $78,800 $14,000 $92,800 $1,606
2017 $79,300 $6,000 $85,300 $1,766
2016 $83,600 $6,000 $89,600 $1,658
2015 $80,700 $6,000 $86,700 $1,584
2014 $77,186 $6,000 $83,186 $1,546
2012 $77,186 $6,000 $83,186 $1,496
2011 $77,342 $6,000 $83,342 $1,458
2010 $77,342 $6,000 $83,342 $1,412
2009 $75,214 $6,000 $81,214 $1,320
2004 $75,214 $6,000 $81,214 $1,262

Property facts

Year built
1979
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,248 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
$708
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2135 1st Ave last sell?
2135 1st Ave most recently sold on Jul 21, 2021 for $118,000.
What is the current tax assessment for 2135 1st Ave?
The most recent total assessment for 2135 1st Ave (year 2025) is $126,300 with $2,064 in property tax.
How does 2135 1st Ave's assessment compare to its last sale price?
The current assessment is 7.0% above the last sale price of $118,000.
When was 2135 1st Ave built?
2135 1st Ave was built in 1979.
How does 2135 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 2135 1st Ave?
2135 1st Ave is a 2 bed, 2 bath, 1,248 sqft condos.
Is 2135 1st Ave a flip candidate?
No — 2135 1st Ave does not appear in our flips dataset.
Is 2135 1st Ave a tax-appeal candidate?
No — 2135 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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