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1516 L St; Cedar Rapids, IA Property Details

1516 L St, Cedar Rapids, IA is a Single Family that was built in 1915. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1516 L St has 2 bedrooms, and 2 bathrooms, and a total of 1,822 square feet. The lot size of 1516 L St is 7,230 square feet.

Off market
1516 L St SW Cedar Rapids, IA 52404
$175,900 Estimated Value
2 Beds
2 Baths
1,822 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1915
  • Purchase Price: $8,000
  • Est. Equity / %: $177,000 / 100%
  • Gross Yield: 10.393%
  • APN: 14332-06006-00000
  • Situs County: Linn
  • Length Of Ownership: 16 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,822/SqFt
  • Lot: 7,230/SqFt
  • Gross: 1,822/SqFt
  • Living: 1,822/SqFt
  • Basement: 574/SqFt
  • Building: 1,822/SqFt
  • Ground: 1,248/SqFt
  • Basement Finished: 574/SqFt
  • Price Per Square Foot: $4.39

Legal Description

  • Description: HULLS 7TH STR/LB 4 70
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: 41.962177 / -91.671715
  • Subdivision: Hulls 7th
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2731
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

1516 L St SW has no associated ownership info
1516 L St SW has no associated ownership info.

Taxes

1516 L St SW has 10 associated Taxes items

1516 L 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 $175,900. The APN we've located for 1516 L St is 14332-06006-00000.

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Taxes
  • Assessed Value:  $175,900
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14332-06006-00000
  • Assessed Land Value:  25000
  • Market Land Value:  25000
  • Tax Amount:  2682
  • Tax Year:  2024
  • Market Value:  175900
  • Market Year:  2025

Tax History

1516 L St SW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $175,900 Land Value $25,000 Improvement Value $150,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $151,500 Land Value $22,700 Improvement Value $128,800 Tax Amount $2,682 Change Rate -0.114851% Assessed CR Tax Rate +0.017703%
Year 2023 Assessed Value $151,500 Land Value $22,700 Improvement Value $128,800 Tax Amount $3,030 Change Rate -0.99% Assessed CR Tax Rate +0.02%
Year 2022 Assessed Value $143,700 Land Value $20,300 Improvement Value $123,400 Tax Amount $303,000 Change Rate +107.3691% Assessed CR Tax Rate +2.108559%
Year 2021 Assessed Value $135,000 Land Value $20,300 Improvement Value $114,700 Tax Amount $2,796 Change Rate +0.091335% Assessed CR Tax Rate +0.020711%
Year 2020 Assessed Value $116,100 Land Value $16,700 Improvement Value $99,400 Tax Amount $2,562 Change Rate +0.02809% Assessed CR Tax Rate +0.022067%
Year 2019 Assessed Value $47,700 Land Value $16,700 Improvement Value $31,000 Tax Amount $2,492 Change Rate +3.112211% Assessed CR Tax Rate +0.052243%
Year 2018 Assessed Value $47,700 Land Value $16,700 Improvement Value $31,000 Tax Amount $606 Change Rate Assessed CR Tax Rate +0.012704%
Year 2017 Assessed Value $5,000 Land Value $5,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $5,000 Land Value $5,000 Improvement Value Tax Amount $106 Change Rate Assessed CR Tax Rate +0.0212%
Year 2015 Assessed Value $5,000 Land Value $5,000 Improvement Value Tax Amount $106 Change Rate Assessed CR Tax Rate +0.0212%
Year 2014 Assessed Value $5,000 Land Value $5,000 Improvement Value Tax Amount $106 Change Rate +0.019231% Assessed CR Tax Rate +0.0212%
Year 2013 Assessed Value $5,000 Land Value $5,000 Improvement Value Tax Amount $104 Change Rate Assessed CR Tax Rate +0.0208%