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1020 Summit Ave; Cedar Rapids, IA Property Details

1020 Summit Ave, Cedar Rapids, IA is a Single Family that was built in 2023. This property is currently a cash purchase and is not for sale. Our records show that 1020 Summit Ave has 4 bedrooms, and 3.25 bathrooms, and a total of 2,620 square feet. The lot size of 1020 Summit Ave is 21,780 square feet.

Off market
1020 Summit Ave SW Cedar Rapids, IA 52404
$344,100 Estimated Value
4 Beds
3.25 Baths
2,620 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2023
  • Purchase Price: $72,000
  • Est. Equity / %: $321,000 / 100%
  • Gross Yield: 12.707%
  • APN: 14344-26007-00000
  • Situs County: Linn
  • Length Of Ownership: 18 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.25
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Vinyl
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Metal

Measurements

  • Total: 2,620/SqFt
  • Lot: 21,780/SqFt
  • Gross: 2,620/SqFt
  • Living: 2,620/SqFt
  • Building: 2,620/SqFt
  • Ground: 2,620/SqFt
  • Price Per Square Foot: $27.48

Legal Description

  • Description: MAYFIELD STR/LB 9 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 41.955383 / -91.64495
  • Subdivision: Mayfield
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3732
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1020 Summit Ave SW has no associated ownership info
1020 Summit Ave SW has no associated ownership info.

Taxes

1020 Summit Ave SW has 8 associated Taxes items

1020 Summit Ave, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $344,100. The APN we've located for 1020 Summit Ave is 14344-26007-00000.

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Taxes
  • Assessed Value:  $344,100
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14344-26007-00000
  • Assessed Land Value:  47900
  • Market Land Value:  47900
  • Market Value:  344100
  • Market Year:  2025

Tax History

1020 Summit Ave SW has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $344,100 Land Value $47,900 Improvement Value $296,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $337,100 Land Value $47,900 Improvement Value $289,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $38,300 Land Value $38,300 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $33,500 Land Value $33,500 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $33,500 Land Value $33,500 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate