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1606 K Ave

Cedar Rapids, IA 52402

3 bd 1 ba 1,227 sqft Built 1925 Lot 19,166 sqft townhomes
Most recent sale
$100,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $100,000 Public Record
May 20, 2022 Sold $100,000 MLS #202200990
Apr 13, 2022 Price changed $109,900 MLS #QC4230520
Mar 23, 2022 Price changed $112,400 MLS #202200990
Feb 24, 2022 Listed $114,900 MLS #2201017
Aug 1, 2005 Sold $93,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $87,900 $45,100 $133,000 $1,940
2023 $76,300 $41,000 $117,300 $2,394
2022 $72,500 $41,000 $113,500 $1,968
2021 $66,400 $41,000 $107,400 $1,898
2020 $65,100 $32,800 $97,900 $1,842
2019 $65,100 $32,800 $97,900 $1,856
2018 $65,100 $32,800 $97,900 $1,728
2017 $61,700 $32,800 $94,500 $1,748
2016 $59,200 $32,800 $92,000 $1,992
2015 $70,900 $34,900 $105,800 $2,138
2014 $71,503 $41,040 $112,543 $2,180
2012 $75,972 $41,040 $117,012 $2,108
2011 $75,972 $41,040 $117,012 $2,106
2010 $79,696 $41,040 $120,736 $2,028
2009 $69,055 $41,040 $110,095 $1,762
2004 $61,111 $41,040 $102,151 $1,368

Property facts

Year built
1925
Property type
townhomes
Stories
2
Beds
3
Baths
1
Living area
1,227 sqft
Lot size
19,166 sqft
ZIP code
52402
City
Cedar Rapids
Street
K Ave
Coordinates
42.00065, -91.65587

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
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1606 K Ave last sell?
1606 K Ave most recently sold on May 24, 2022 for $100,000.
What is the current tax assessment for 1606 K Ave?
The most recent total assessment for 1606 K Ave (year 2025) is $133,000 with $1,940 in property tax.
How does 1606 K Ave's assessment compare to its last sale price?
The current assessment is 33.0% above the last sale price of $100,000.
When was 1606 K Ave built?
1606 K Ave was built in 1925.
How does 1606 K Ave compare to others on K Ave?
We track 8 other properties on K Ave. Browse the list under "Other properties on K Ave" to compare beds, baths, and sale history.
What are the property facts for 1606 K Ave?
1606 K Ave is a 3 bed, 1 bath, 1,227 sqft, 19,166 sqft lot townhomes.
Is 1606 K Ave a flip candidate?
No — 1606 K Ave does not appear in our flips dataset.
Is 1606 K Ave a tax-appeal candidate?
No — 1606 K 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast

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