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2055 N Towne Ln; Cedar Rapids, IA Property Details

2055 N Towne Ln, Cedar Rapids, IA is a Warehouse that was built in 1965. This property is currently a cash purchase and is not for sale. Our records show that 2055 N Towne Ln has a total of 61,600 square feet. The lot size of 2055 N Towne Ln is 102,366 square feet.

Off market
2055 N Towne Ln NE Cedar Rapids, IA 52402
$2,348,100 Estimated Value
61,600 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1965
  • Purchase Price: $350,000
  • Open Loans / Balance: 1 / $1,770,000
  • APN: 14042-76004-00000
  • Situs County: Linn
  • Length Of Ownership: 8 months

Structure

  • Building Style: Steel
  • Stories: 2
  • Building Condition: Average

Measurements

  • Total: 61,600/SqFt
  • Lot: 102,366/SqFt
  • Gross: 61,600/SqFt
  • Living: 61,600/SqFt
  • Building: 61,600/SqFt
  • Ground: 121,600/SqFt
  • Price Per Square Foot: $5.68

Legal Description

  • Description: REALSITE 2ND N 256 EACH LOTS 49 & STR/LB 50
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 42.032528 / -91.6706
  • Subdivision: Realsite 2nd
  • Property Class: Industrial
  • County Use Code: 601

Amenities

  • Plus Four: 1911

Ownership Info

2055 N Towne Ln NE has no associated ownership info
2055 N Towne Ln NE has no associated ownership info.

Taxes

2055 N Towne Ln NE has 10 associated Taxes items

2055 N Towne Ln, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $2,348,100. The APN we've located for 2055 N Towne Ln is 14042-76004-00000.

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Taxes
  • Assessed Value:  $2,348,100
  • Assessed Year:  2026
  • Assessed County:  Linn
  • APN:  14042-76004-00000
  • Assessed Land Value:  282800
  • Market Land Value:  282800
  • Tax Amount:  19406
  • Tax Year:  2025
  • Market Value:  2348100
  • Market Year:  2026

Tax History

2055 N Towne Ln NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $2,348,100 Land Value $282,800 Improvement Value $2,065,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $19,406 Change Rate +0.003205% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $19,344 Change Rate +5.317378% Assessed CR Tax Rate
Year 2023 Assessed Value $635,600 Land Value $282,800 Improvement Value $352,800 Tax Amount $3,062.03 Change Rate -0.884886% Assessed CR Tax Rate +0.004818%
Year 2022 Assessed Value $617,500 Land Value $282,800 Improvement Value $334,700 Tax Amount $26,600 Change Rate -0.535485% Assessed CR Tax Rate +0.043077%
Year 2021 Assessed Value $952,200 Land Value $282,800 Improvement Value $669,400 Tax Amount $57,264 Change Rate Assessed CR Tax Rate +0.060139%
Year 2020 Assessed Value $3,149,700 Land Value $271,000 Improvement Value $2,878,700 Tax Amount $57,264 Change Rate +0.006185% Assessed CR Tax Rate +0.018181%
Year 2019 Assessed Value $1,706,400 Land Value $271,000 Improvement Value $1,435,400 Tax Amount $56,912 Change Rate +0.045754% Assessed CR Tax Rate +0.033352%
Year 2018 Assessed Value $1,706,400 Land Value $271,000 Improvement Value $1,435,400 Tax Amount $54,422 Change Rate Assessed CR Tax Rate +0.031893%
Year 2017 Assessed Value $1,766,200 Land Value $271,000 Improvement Value $1,495,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,094,400 Land Value $271,000 Improvement Value $823,400 Tax Amount $37,638.74 Change Rate +0.019251% Assessed CR Tax Rate +0.034392%
Year 2015 Assessed Value $1,059,849 Land Value $271,000 Improvement Value $788,849 Tax Amount $36,927.85 Change Rate +0.08573% Assessed CR Tax Rate +0.034843%
Year 2014 Assessed Value $1,059,849 Land Value $271,000 Improvement Value $788,849 Tax Amount $34,012 Change Rate -0.095762% Assessed CR Tax Rate +0.032091%
Year 2013 Assessed Value $1,059,849 Land Value $271,000 Improvement Value $788,849 Tax Amount $37,614 Change Rate Assessed CR Tax Rate +0.03549%