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1954 2nd Ave

Cedar Rapids, IA 52403

3 bd 2 ba 1,288 sqft Built 1920 Lot 5,401 sqft single_family
Most recent sale
$150,000
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2022 Sold $150,000 Public Record
Jul 29, 2022 Sold $150,000 CedarRapids
Jun 11, 2022 Listed $150,000 MLS #2205158
Nov 4, 2020 Sold $128,000 Public Record
Sep 10, 2020 Relisted $129,900 MLS #2005042
Jul 10, 2020 Listed $129,900 MLS #2005042
Apr 1, 2010 Sold $108,500 Public Record
Feb 13, 2010 Listing removed $107,500 CedarRapids
Jan 19, 2010 Listed $107,500 MLS #1000382

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,000 $33,400 $154,400 $2,460
2023 $104,800 $31,400 $136,200 $2,510
2022 $99,500 $28,400 $127,900 $2,424
2021 $97,600 $28,400 $126,000 $2,488
2020 $97,100 $24,300 $121,400 $2,166
2019 $93,400 $16,200 $109,600 $2,178
2018 $93,400 $16,200 $109,600 $2,092
2017 $92,300 $16,200 $108,500 $2,178
2016 $92,300 $16,200 $108,500 $2,120
2015 $92,300 $16,200 $108,500 $2,124
2014 $92,300 $16,200 $108,500 $2,050
2012 $91,228 $18,675 $109,903 $2,036
2011 $91,228 $18,675 $109,903 $1,968
2010 $91,228 $18,675 $109,903 $1,900
2009 $90,907 $18,675 $109,582 $1,752
2004 $74,010 $18,675 $92,685 $1,630

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,288 sqft
Lot size
5,401 sqft
ZIP code
52403
City
Cedar Rapids
Street
2nd Ave
Coordinates
41.99301, -91.64180

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
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1954 2nd Ave last sell?
1954 2nd Ave most recently sold on Aug 2, 2022 for $150,000.
What is the current tax assessment for 1954 2nd Ave?
The most recent total assessment for 1954 2nd Ave (year 2025) is $154,400 with $2,460 in property tax.
How does 1954 2nd Ave's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $150,000.
When was 1954 2nd Ave built?
1954 2nd Ave was built in 1920.
How does 1954 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 1954 2nd Ave?
1954 2nd Ave is a 3 bed, 2 bath, 1,288 sqft, 5,401 sqft lot single_family.
Is 1954 2nd Ave a flip candidate?
No — 1954 2nd Ave does not appear in our flips dataset.
Is 1954 2nd Ave a tax-appeal candidate?
No — 1954 2nd 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
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast

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