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2603 E Ave

Cedar Rapids, IA 52405

2 bd 2 ba 1,460 sqft Built 1964 Lot 8,233 sqft single_family
Most recent sale
$172,500
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $172,500 Public Record
May 13, 2022 Sold $172,500 CedarRapids
Mar 11, 2022 Listed $172,500 MLS #2201408

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $154,800 $35,600 $190,400 $2,898
2023 $129,200 $32,500 $161,700 $2,820
2022 $114,700 $27,900 $142,600 $2,650
2021 $109,000 $27,900 $136,900 $2,692
2020 $105,800 $24,800 $130,600 $2,616
2019 $105,800 $24,800 $130,600 $2,490
2018 $99,200 $24,800 $124,000 $2,416
2017 $99,200 $24,800 $124,000 $2,444
2016 $95,900 $24,800 $120,700 $2,242
2015 $89,400 $24,800 $114,200 $2,280
2014 $91,062 $24,786 $115,848 $2,226
2012 $91,062 $24,786 $115,848 $2,228
2011 $94,633 $24,786 $119,419 $2,184
2010 $96,419 $24,786 $121,205 $2,108
2009 $94,680 $24,786 $119,466 $1,996
2004 $84,536 $24,786 $109,322 $1,724

Property facts

Year built
1964
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,460 sqft
Lot size
8,233 sqft
ZIP code
52405
City
Cedar Rapids
Street
E Ave
Coordinates
41.97801, -91.70658

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
$1,035
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2603 E Ave last sell?
2603 E Ave most recently sold on May 20, 2022 for $172,500.
What is the current tax assessment for 2603 E Ave?
The most recent total assessment for 2603 E Ave (year 2025) is $190,400 with $2,898 in property tax.
How does 2603 E Ave's assessment compare to its last sale price?
The current assessment is 10.4% above the last sale price of $172,500.
When was 2603 E Ave built?
2603 E Ave was built in 1964.
How does 2603 E Ave compare to others on E Ave?
We track 8 other properties on E Ave. Browse the list under "Other properties on E Ave" to compare beds, baths, and sale history.
What are the property facts for 2603 E Ave?
2603 E Ave is a 2 bed, 2 bath, 1,460 sqft, 8,233 sqft lot single_family.
Is 2603 E Ave a flip candidate?
No — 2603 E Ave does not appear in our flips dataset.
Is 2603 E Ave a tax-appeal candidate?
No — 2603 E 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
-1.3%
Implied 1-yr
-5.4%
2026 Q3
$204.4K
2026 Q4
$201.4K
ZIP 52405 — Median Price History + Forecast

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