Taxes
- Assessed Value: $2,116,300
- Assessed Year: 2025
- Assessed County: Linn
- APN: 14213-82002-00000
- Assessed Land Value: 420000
- Market Land Value: 420000
- Tax Amount: 75772
- Tax Year: 2024
- Market Value: 2116300
- Market Year: 2025
109 2nd St; Cedar Rapids, IA Property Details
Off market
109 2nd St SE Cedar Rapids, IA 52401
$2,116,300 Estimated Value
28,000 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1942
- Purchase Price: $2,049,500
- APN: 14213-82002-00000
- Situs County: Linn
- Length Of Ownership: 17 years, 8 months
Structure
- Stories: 2
- Building Condition: Very Good
Measurements
- Total: 28,000/SqFt
- Lot: 13,982/SqFt
- Gross: 28,000/SqFt
- Living: 14,000/SqFt
- Basement: 14,000/SqFt
- Building: 28,000/SqFt
- Ground: 14,000/SqFt
- Price Per Square Foot: $73.20
Legal Description
- Description: O T LOT 8 & SE 40 STR/LB 9 3
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Cedar Rapids Community School District
- Lat / Lon: 41.978123 / -91.66861
- Subdivision: Original
- Property Class: Office
- County Use Code: 501
Ownership Info
109 2nd St SE has no associated ownership info
109 2nd St SE has no associated ownership info.
Taxes
109 2nd St SE has 10 associated Taxes items
109 2nd St, 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 $2,116,300. The APN we've located for 109 2nd St is 14213-82002-00000.
Unlock the full reportTax History
109 2nd St SE has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $2,116,300 | Land Value $420,000 | Improvement Value $1,696,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $2,072,200 | Land Value $420,000 | Improvement Value $1,652,200 | Tax Amount $75,772 | Change Rate +0.033414% | Assessed CR | Tax Rate +0.036566% |
| Year 2023 | Assessed Value $2,072,200 | Land Value $420,000 | Improvement Value $1,652,200 | Tax Amount $73,322 | Change Rate -0.99% | Assessed CR | Tax Rate +0.035384% |
| Year 2022 | Assessed Value $1,983,900 | Land Value $420,000 | Improvement Value $1,563,900 | Tax Amount $7,332,200 | Change Rate +100.06688% | Assessed CR | Tax Rate +3.695852% |
| Year 2021 | Assessed Value $3,547,800 | Land Value $420,000 | Improvement Value $3,127,800 | Tax Amount $72,548 | Change Rate -0.019542% | Assessed CR | Tax Rate +0.020449% |
| Year 2020 | Assessed Value $3,547,800 | Land Value $420,000 | Improvement Value $3,127,800 | Tax Amount $73,994 | Change Rate +0.002276% | Assessed CR | Tax Rate +0.020856% |
| Year 2019 | Assessed Value $1,983,900 | Land Value $420,000 | Improvement Value $1,563,900 | Tax Amount $73,826 | Change Rate +0.03363% | Assessed CR | Tax Rate +0.037213% |
| Year 2018 | Assessed Value $1,983,900 | Land Value $420,000 | Improvement Value $1,563,900 | Tax Amount $71,424 | Change Rate | Assessed CR | Tax Rate +0.036002% |
| Year 2017 | Assessed Value $1,652,100 | Land Value $350,000 | Improvement Value $1,302,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $1,652,100 | Land Value $350,000 | Improvement Value $1,302,100 | Tax Amount $60,906.06 | Change Rate +0.000802% | Assessed CR | Tax Rate +0.036866% |
| Year 2015 | Assessed Value $1,652,083 | Land Value $350,000 | Improvement Value $1,302,083 | Tax Amount $60,857.26 | Change Rate +0.011086% | Assessed CR | Tax Rate +0.036837% |
| Year 2014 | Assessed Value $1,652,083 | Land Value $350,000 | Improvement Value $1,302,083 | Tax Amount $60,190 | Change Rate -0.061496% | Assessed CR | Tax Rate +0.036433% |
| Year 2013 | Assessed Value $1,652,083 | Land Value $350,000 | Improvement Value $1,302,083 | Tax Amount $64,134 | Change Rate | Assessed CR | Tax Rate +0.03882% |