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2222 1st Ave

Cedar Rapids, IA 52402

2 bd 3 ba 2,500 sqft Built 1965 condos
Most recent sale
$350,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $350,000 Public Record
Aug 15, 2022 Sold $350,000 CedarRapids
Jun 10, 2022 Listed $399,000 MLS #2205076
Apr 20, 2022 Price changed $399,000 MLS #2200574
Mar 16, 2022 Price changed $425,000 MLS #2200574
Feb 6, 2022 Listed $450,000 MLS #2200574
Oct 4, 2021 Price changed $450,000 MLS #2105660
Aug 17, 2021 Listed $499,000 MLS #2105660

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $292,500 $52,500 $345,000 $5,942
2023 $285,800 $52,500 $338,300 $6,276
2022 $237,600 $60,000 $297,600 $6,164
2021 $237,600 $60,000 $297,600 $6,142
2020 $218,400 $60,000 $278,400 $5,982
2019 $218,400 $60,000 $278,400 $6,328
2018 $233,600 $60,000 $293,600 $4,932
2017 $226,300 $9,000 $235,300 $5,006
2016 $220,900 $9,000 $229,900 $4,724
2015 $213,200 $9,000 $222,200 $4,584
2014 $206,431 $9,000 $215,431 $4,486
2012 $186,771 $9,000 $195,771 $3,956
2011 $192,669 $9,000 $201,669 $3,872

Property facts

Year built
1965
Property type
condos
Stories
Beds
2
Baths
3
Living area
2,500 sqft
Lot size
ZIP code
52402
City
Cedar Rapids
Street
1st Ave
Coordinates
41.99860, -91.63807

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
$3,750
Gross rental yield
12.86%
Implied cap rate
8.36%
Trend-extrapolated value

Frequently asked questions

When did 2222 1st Ave last sell?
2222 1st Ave most recently sold on Aug 16, 2022 for $350,000.
What is the current tax assessment for 2222 1st Ave?
The most recent total assessment for 2222 1st Ave (year 2025) is $345,000 with $5,942 in property tax.
How does 2222 1st Ave's assessment compare to its last sale price?
The current assessment is 1.4% below the last sale price of $350,000.
When was 2222 1st Ave built?
2222 1st Ave was built in 1965.
How does 2222 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 2222 1st Ave?
2222 1st Ave is a 2 bed, 3 bath, 2,500 sqft condos.
Is 2222 1st Ave a flip candidate?
No — 2222 1st Ave does not appear in our flips dataset.
Is 2222 1st Ave a tax-appeal candidate?
No — 2222 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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