5823 1st Ave
Cedar Rapids, IA 52405
3 bd 3 ba 1,265 sqft Built 1965 Lot 7,057 sqft single_family
Most recent sale
$156,500
Jun 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 22, 2022 | Sold | $156,500 | Public Record |
| Jun 21, 2022 | Sold | $156,500 | CedarRapids |
| May 3, 2022 | Listed | $155,000 | MLS #2203508 |
| May 28, 2014 | Sold | $111,500 | Public Record |
| May 28, 2014 | Listing removed | $114,900 | CedarRapids |
| Apr 7, 2014 | Listed | $114,900 | MLS #1402212 |
| Jul 24, 2012 | Sold | $104,000 | Public Record |
| Jun 23, 2012 | Listing removed | $105,000 | CedarRapids |
| May 31, 2012 | Listed | $105,000 | MLS #1204038 |
| Jun 5, 2009 | Sold | $93,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $151,500 | $37,200 | $188,700 | $3,144 |
| 2023 | $130,900 | $32,600 | $163,500 | $2,922 |
| 2022 | $110,600 | $27,900 | $138,500 | $2,408 |
| 2021 | $97,300 | $27,900 | $125,200 | $2,410 |
| 2020 | $93,000 | $24,800 | $117,800 | $2,342 |
| 2019 | $93,000 | $24,800 | $117,800 | $2,252 |
| 2018 | $88,200 | $24,800 | $113,000 | $2,186 |
| 2017 | $88,200 | $24,800 | $113,000 | $2,224 |
| 2016 | $85,800 | $24,800 | $110,600 | $2,130 |
| 2015 | $84,100 | $24,800 | $108,900 | $2,204 |
| 2014 | $87,474 | $24,832 | $112,306 | $2,338 |
| 2012 | $87,474 | $24,832 | $112,306 | $2,084 |
| 2011 | $84,901 | $24,832 | $109,733 | $1,964 |
| 2010 | $84,901 | $24,832 | $109,733 | $1,896 |
| 2009 | $80,482 | $24,832 | $105,314 | $1,746 |
| 2004 | $73,166 | $24,832 | $97,998 | $1,540 |
Property facts
Year built
1965
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,265 sqft
Lot size
7,057 sqft
ZIP code
52405
City
Cedar Rapids
Street
1st Ave
Coordinates
41.96986, -91.74713
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
$939
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5823 1st Ave last sell?
5823 1st Ave most recently sold on Jun 22, 2022 for $156,500.
What is the current tax assessment for 5823 1st Ave?
The most recent total assessment for 5823 1st Ave (year 2025) is $188,700 with $3,144 in property tax.
How does 5823 1st Ave's assessment compare to its last sale price?
The current assessment is 20.6% above the last sale price of $156,500.
When was 5823 1st Ave built?
5823 1st Ave was built in 1965.
How does 5823 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 5823 1st Ave?
5823 1st Ave is a 3 bed, 3 bath, 1,265 sqft, 7,057 sqft lot single_family.
Is 5823 1st Ave a flip candidate?
No — 5823 1st Ave does not appear in our flips dataset.
Is 5823 1st Ave a tax-appeal candidate?
Yes — 5823 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 valuationQuarterly trend
-1.3%
Implied 1-yr
-5.4%
2026 Q3
$204.4K
2026 Q4
$201.4K
ZIP 52405 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave