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2135 1st Ave

Cedar Rapids, IA 52402

3 bd 2 ba 1,652 sqft Built 1979 Lot 111,810 sqft condo
Most recent sale
$132,500
Aug 4, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Listing removed CedarRapids
Apr 10, 2024 Listed $194,500 CedarRapids
Jan 28, 2024 Listing removed CedarRapids
Jan 27, 2024 Listed $196,000 CedarRapids
Jan 3, 2024 Price changed $204,500 CedarRapids
Dec 1, 2023 Listed $210,000 CedarRapids
Aug 4, 2023 Sold $132,500 CedarRapids
Jan 5, 2010 Sold $103,500 Public Record
Nov 10, 2009 Listing removed $109,900 CedarRapids
Oct 18, 2009 Price changed $109,900 CedarRapids
Aug 19, 2009 Listed $114,900 CedarRapids
Oct 12, 2005 Sold $81,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,300 $25,000 $167,300 $2,742
2023 $133,200 $20,500 $153,700 $2,888
2022 $131,700 $17,500 $149,200 $2,734
2021 $130,400 $14,000 $144,400 $2,760
2020 $123,000 $14,000 $137,000 $2,682
2019 $123,000 $14,000 $137,000 $2,700
2018 $123,000 $14,000 $137,000 $2,382
2017 $118,200 $7,500 $125,700 $2,634
2016 $125,200 $7,500 $132,700 $2,474
2015 $120,900 $7,500 $128,400 $2,356
2014 $115,200 $7,500 $122,700 $2,298
2012 $115,200 $7,500 $122,700 $1,906
2011 $99,490 $7,500 $106,990 $1,580
2010 $85,835 $7,500 $93,335 $1,526
2009 $83,357 $7,500 $90,857 $1,608
2004 $83,357 $7,500 $90,857 $1,506

Property facts

Year built
1979
Property type
condo
Stories
1
Beds
3
Baths
2
Living area
1,652 sqft
Lot size
111,810 sqft
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
$795
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 Aug 4, 2023 for $132,500.
What is the current tax assessment for 2135 1st Ave?
The most recent total assessment for 2135 1st Ave (year 2025) is $167,300 with $2,742 in property tax.
How does 2135 1st Ave's assessment compare to its last sale price?
The current assessment is 26.3% above the last sale price of $132,500.
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 3 bed, 2 bath, 1,652 sqft, 111,810 sqft lot condo.
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?
Yes — 2135 1st Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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