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1505 48th St; Cedar Rapids, IA Property Details

1505 48th St, Cedar Rapids, IA is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 1505 48th St has 4 bedrooms, and 1 bathroom, and a total of 1,165 square feet. The lot size of 1505 48th St is 8,145 square feet.

Off market
1505 48th St NE Cedar Rapids, IA 52402
$125,000 Listing Price
4 Beds
1 Baths
1,165 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Purchase Price: $99,500
  • Open Loans / Balance: 1 / $104,122
  • Est. Equity / %: $88,878 / 46.05%
  • Gross Yield: 10.234%
  • APN: 14044-02002-00000
  • Situs County: Linn
  • Length Of Ownership: 13 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,165/SqFt
  • Lot: 8,145/SqFt
  • Gross: 1,985/SqFt
  • Living: 1,165/SqFt
  • Basement: 960/SqFt
  • Building: 1,949/SqFt
  • Ground: 989/SqFt
  • Basement Finished: 176/SqFt
  • Basement Unfinished: 784/SqFt
  • Price Per Square Foot: $85.41

Legal Description

  • Description: WOLLEATS 1ST STR/LB 29
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: 42.026142 / -91.658714
  • Subdivision: Wolleats 1st
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2429
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

1505 48th St NE has no associated ownership info
1505 48th St NE has no associated ownership info.

Taxes

1505 48th St NE has 10 associated Taxes items

1505 48th 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 $184,900. The APN we've located for 1505 48th St is 14044-02002-00000.

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Taxes
  • Assessed Value:  $184,900
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14044-02002-00000
  • Assessed Land Value:  37400
  • Market Land Value:  37400
  • Tax Amount:  2610
  • Tax Year:  2024
  • Market Value:  184900
  • Market Year:  2025

Tax History

1505 48th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $184,900 Land Value $37,400 Improvement Value $147,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $173,600 Land Value $34,300 Improvement Value $139,300 Tax Amount $2,610 Change Rate -0.047445% Assessed CR Tax Rate +0.015035%
Year 2023 Assessed Value $158,000 Land Value $31,200 Improvement Value $126,800 Tax Amount $2,740 Change Rate -0.99% Assessed CR Tax Rate +0.017342%
Year 2022 Assessed Value $138,800 Land Value $31,200 Improvement Value $107,600 Tax Amount $274,000 Change Rate +106.95902% Assessed CR Tax Rate +1.974063%
Year 2021 Assessed Value $131,500 Land Value $28,100 Improvement Value $103,400 Tax Amount $2,538 Change Rate +0.02504% Assessed CR Tax Rate +0.0193%
Year 2020 Assessed Value $120,800 Land Value $23,400 Improvement Value $97,400 Tax Amount $2,476 Change Rate +0.029094% Assessed CR Tax Rate +0.020497%
Year 2019 Assessed Value $115,900 Land Value $23,400 Improvement Value $92,500 Tax Amount $2,406 Change Rate +0.071238% Assessed CR Tax Rate +0.020759%
Year 2018 Assessed Value $115,900 Land Value $23,400 Improvement Value $92,500 Tax Amount $2,246 Change Rate Assessed CR Tax Rate +0.019379%
Year 2017 Assessed Value $116,800 Land Value $23,400 Improvement Value $93,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $115,900 Land Value $23,400 Improvement Value $92,500 Tax Amount $2,464 Change Rate Assessed CR Tax Rate +0.02126%
Year 2015 Assessed Value $115,260 Land Value $23,400 Improvement Value $91,860 Tax Amount $2,464 Change Rate +0.08642% Assessed CR Tax Rate +0.021378%
Year 2014 Assessed Value $109,469 Land Value $23,400 Improvement Value $86,069 Tax Amount $2,268 Change Rate +0.083095% Assessed CR Tax Rate +0.020718%
Year 2013 Assessed Value $109,469 Land Value $23,400 Improvement Value $86,069 Tax Amount $2,094 Change Rate Assessed CR Tax Rate +0.019129%