2400 1st Ave
Cedar Rapids, IA 52402
2 bd 2 ba 1,353 sqft Built 1925 Lot 4,617 sqft single_family
Most recent sale
$120,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $120,000 | Public Record |
| Jul 29, 2022 | Sold | $120,000 | CedarRapids |
| Jun 17, 2022 | Listed | $120,000 | MLS #2205326 |
| May 6, 2016 | Sold | $84,000 | Public Record |
| Mar 8, 2016 | Listing removed | $89,800 | CedarRapids |
| Jan 11, 2016 | Listed | $89,800 | MLS #1600210 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $106,700 | $18,800 | $125,500 | $1,854 |
| 2023 | $95,100 | $17,500 | $112,600 | $2,404 |
| 2022 | $98,400 | $15,600 | $114,000 | $1,866 |
| 2021 | $86,900 | $15,600 | $102,500 | $1,938 |
| 2020 | $86,700 | $13,000 | $99,700 | $1,880 |
| 2019 | $86,700 | $13,000 | $99,700 | $1,818 |
| 2018 | $83,100 | $13,000 | $96,100 | $1,762 |
| 2017 | $83,100 | $13,000 | $96,100 | $1,730 |
| 2016 | $78,200 | $13,000 | $91,200 | $1,622 |
| 2015 | $72,000 | $13,000 | $85,000 | $1,690 |
| 2014 | $73,868 | $14,285 | $88,153 | $1,740 |
| 2012 | $91,123 | $10,389 | $101,512 | $1,866 |
| 2011 | $91,123 | $10,389 | $101,512 | $1,806 |
| 2010 | $91,123 | $10,389 | $101,512 | $1,746 |
| 2009 | $83,330 | $10,389 | $93,719 | $1,542 |
| 2004 | $69,442 | $10,389 | $79,831 | $1,414 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,353 sqft
Lot size
4,617 sqft
ZIP code
52402
City
Cedar Rapids
Street
1st Ave
Coordinates
42.00083, -91.63631
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2400 1st Ave last sell?
2400 1st Ave most recently sold on Aug 1, 2022 for $120,000.
What is the current tax assessment for 2400 1st Ave?
The most recent total assessment for 2400 1st Ave (year 2025) is $125,500 with $1,854 in property tax.
How does 2400 1st Ave's assessment compare to its last sale price?
The current assessment is 4.6% above the last sale price of $120,000.
When was 2400 1st Ave built?
2400 1st Ave was built in 1925.
How does 2400 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 2400 1st Ave?
2400 1st Ave is a 2 bed, 2 bath, 1,353 sqft, 4,617 sqft lot single_family.
Is 2400 1st Ave a flip candidate?
No — 2400 1st Ave does not appear in our flips dataset.
Is 2400 1st Ave a tax-appeal candidate?
No — 2400 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave