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2431 2nd St

Cedar Rapids, IA 52404

3 bd 2 ba 1,248 sqft Built 1955 Lot 7,144 sqft single_family
Most recent sale
$145,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $145,000 Public Record
Aug 9, 2022 Listed $145,000 MLS #2207689
Jun 14, 2012 Sold $108,000 Public Record
May 14, 2012 Listed $104,950 MLS #1203663

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,300 $21,200 $163,500 $2,804
2023 $135,700 $19,100 $154,800 $2,454
2022 $108,200 $17,000 $125,200 $2,174
2021 $96,900 $17,000 $113,900 $2,198
2020 $93,400 $14,800 $108,200 $2,136
2019 $93,400 $14,800 $108,200 $2,042
2018 $88,500 $14,800 $103,300 $1,982
2017 $88,500 $14,800 $103,300 $2,048
2016 $87,800 $14,800 $102,600 $1,922
2015 $84,300 $14,800 $99,100 $2,018
2014 $88,739 $14,840 $103,579 $1,972
2012 $90,550 $14,840 $105,390 $1,944
2011 $85,117 $16,960 $102,077 $1,748
2010 $85,117 $16,960 $102,077 $1,686
2009 $76,708 $16,960 $93,668 $1,470
2004 $74,474 $16,960 $91,434 $1,512

Property facts

Year built
1955
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,248 sqft
Lot size
7,144 sqft
ZIP code
52404
City
Cedar Rapids
Street
2nd St
Coordinates
41.95399, -91.66455

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
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2431 2nd St last sell?
2431 2nd St most recently sold on Sep 16, 2022 for $145,000.
What is the current tax assessment for 2431 2nd St?
The most recent total assessment for 2431 2nd St (year 2025) is $163,500 with $2,804 in property tax.
How does 2431 2nd St's assessment compare to its last sale price?
The current assessment is 12.8% above the last sale price of $145,000.
When was 2431 2nd St built?
2431 2nd St was built in 1955.
How does 2431 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 2431 2nd St?
2431 2nd St is a 3 bed, 2 bath, 1,248 sqft, 7,144 sqft lot single_family.
Is 2431 2nd St a flip candidate?
No — 2431 2nd St does not appear in our flips dataset.
Is 2431 2nd St a tax-appeal candidate?
No — 2431 2nd St 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
+7.1%
Implied 1-yr
+28.5%
2026 Q3
$624.7K
2026 Q4
$655.1K
ZIP 52404 — Median Price History + Forecast

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