2423 1st Ave
Cedar Rapids, IA 52402
4 bd 2 ba 1,432 sqft Built 1918 Lot 4,574 sqft single_family
Most recent sale
$85,000
Feb 24, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 5, 2026 | Sold | $177,900 | CedarRapids |
| Mar 20, 2026 | Listed | $175,000 | CedarRapids |
| May 23, 2022 | Price changed | $193,000 | MLS #2204188 |
| May 21, 2022 | Price changed | $193,000 | MLS #202202822 |
| May 12, 2022 | Listed | $195,000 | MLS #2204188 |
| Feb 24, 2021 | Sold | $85,000 | Public Record |
| Feb 16, 2016 | Sold | $40,000 | Public Record |
| Dec 16, 2015 | Listing removed | $44,900 | CedarRapids |
| Dec 10, 2015 | Price changed | $44,900 | MLS #1505799 |
| Dec 3, 2015 | Price changed | $51,900 | MLS #1505799 |
| Nov 4, 2015 | Price changed | $56,900 | MLS #1505799 |
| Sep 30, 2015 | Price changed | $61,900 | MLS #1505799 |
| Aug 27, 2015 | Price changed | $64,900 | MLS #1505799 |
| Jul 27, 2015 | Listed | $69,000 | MLS #1505799 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $116,000 | $23,100 | $139,100 | $2,344 |
| 2023 | $106,300 | $23,100 | $129,400 | $73 |
| 2022 | $74,900 | $20,100 | $95,000 | $2,272 |
| 2021 | $89,600 | $20,100 | $109,700 | $2,338 |
| 2020 | $89,900 | $16,100 | $106,000 | $2,162 |
| 2019 | $84,500 | $16,100 | $100,600 | $2,016 |
| 2018 | $77,400 | $16,100 | $93,500 | $1,960 |
| 2017 | $77,400 | $16,100 | $93,500 | $2,384 |
| 2016 | $81,200 | $16,100 | $97,300 | $1,986 |
| 2015 | $77,300 | $16,100 | $93,400 | $1,824 |
| 2014 | $78,297 | $16,093 | $94,390 | $1,850 |
| 2012 | $81,664 | $16,093 | $97,757 | $1,790 |
| 2011 | $81,664 | $16,093 | $97,757 | $1,734 |
| 2010 | $81,664 | $16,093 | $97,757 | $1,678 |
| 2009 | $71,341 | $16,093 | $87,434 | $1,430 |
| 2004 | $69,264 | $16,093 | $85,357 | $1,088 |
Property facts
Year built
1918
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
1,432 sqft
Lot size
4,574 sqft
ZIP code
52402
City
Cedar Rapids
Street
1st Ave
Coordinates
42.00089, -91.63540
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2423 1st Ave last sell?
2423 1st Ave most recently sold on Feb 24, 2021 for $85,000.
What is the current tax assessment for 2423 1st Ave?
The most recent total assessment for 2423 1st Ave (year 2025) is $139,100 with $2,344 in property tax.
How does 2423 1st Ave's assessment compare to its last sale price?
The current assessment is 63.6% above the last sale price of $85,000.
When was 2423 1st Ave built?
2423 1st Ave was built in 1918.
How does 2423 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 2423 1st Ave?
2423 1st Ave is a 4 bed, 2 bath, 1,432 sqft, 4,574 sqft lot single_family.
Is 2423 1st Ave a flip candidate?
No — 2423 1st Ave does not appear in our flips dataset.
Is 2423 1st Ave a tax-appeal candidate?
No — 2423 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