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216 2nd St; Cedar Rapids, IA Property Details

216 2nd St, Cedar Rapids, IA is a Financial Bldg that was built in 1964. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 216 2nd St has a total of 22,859 square feet. The lot size of 216 2nd St is 8,494 square feet.

Off market
216 2nd St SE Cedar Rapids, IA 52401
$2,373,700 Estimated Value
22,859 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1964
  • Purchase Price: $8,400,000
  • APN: 14214-63002-00000
  • Situs County: Linn
  • Length Of Ownership: 4 years, 7 months

Structure

  • Stories: 4
  • Building Condition: Fair

Measurements

  • Total: 22,859/SqFt
  • Lot: 8,494/SqFt
  • Gross: 22,859/SqFt
  • Living: 11,611/SqFt
  • Basement: 11,248/SqFt
  • Building: 22,859/SqFt
  • Ground: 20,974/SqFt
  • Price Per Square Foot: $367.47

Legal Description

  • Description: O T SW 44 9 1/2 INCHES LOT 7 & NE 16 STR/LB 8 15
Building Insights

Land Information

  • Property Type: Financial Bldg
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 41.978394 / -91.66728
  • Property Class: Office
  • County Use Code: 506

Ownership Info

216 2nd St SE has no associated ownership info
216 2nd St SE has no associated ownership info.

Taxes

216 2nd St SE has 10 associated Taxes items

216 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 $2,373,700. The APN we've located for 216 2nd St is 14214-63002-00000.

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Taxes
  • Assessed Value:  $2,373,700
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14214-63002-00000
  • Assessed Land Value:  212800
  • Market Land Value:  212800
  • Tax Amount:  54564
  • Tax Year:  2024
  • Market Value:  2373700
  • Market Year:  2025

Tax History

216 2nd St SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,373,700 Land Value $212,800 Improvement Value $2,160,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $2,398,700 Land Value $212,800 Improvement Value $2,185,900 Tax Amount $54,564 Change Rate -0.377692% Assessed CR Tax Rate +0.022747%
Year 2023 Assessed Value $2,398,700 Land Value $212,800 Improvement Value $2,185,900 Tax Amount $87,680 Change Rate -0.99% Assessed CR Tax Rate +0.036553%
Year 2022 Assessed Value $2,371,900 Land Value $212,800 Improvement Value $2,159,100 Tax Amount $8,768,000 Change Rate +100.05574% Assessed CR Tax Rate +3.696615%
Year 2021 Assessed Value $4,531,000 Land Value $212,800 Improvement Value $4,318,200 Tax Amount $86,764 Change Rate -0.019594% Assessed CR Tax Rate +0.019149%
Year 2020 Assessed Value $4,531,000 Land Value $212,800 Improvement Value $4,318,200 Tax Amount $88,498 Change Rate +0.002288% Assessed CR Tax Rate +0.019532%
Year 2019 Assessed Value $2,371,900 Land Value $212,800 Improvement Value $2,159,100 Tax Amount $88,296 Change Rate +0.033572% Assessed CR Tax Rate +0.037226%
Year 2018 Assessed Value $2,371,900 Land Value $212,800 Improvement Value $2,159,100 Tax Amount $85,428 Change Rate Assessed CR Tax Rate +0.036017%
Year 2017 Assessed Value $2,062,500 Land Value $170,200 Improvement Value $1,892,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $2,062,500 Land Value $170,200 Improvement Value $1,892,300 Tax Amount $76,036.89 Change Rate -0.01721% Assessed CR Tax Rate +0.036866%
Year 2015 Assessed Value $2,100,329 Land Value $170,212 Improvement Value $1,930,117 Tax Amount $77,368.38 Change Rate +0.008951% Assessed CR Tax Rate +0.036836%
Year 2014 Assessed Value $2,100,329 Land Value $170,212 Improvement Value $1,930,117 Tax Amount $76,682 Change Rate -0.060247% Assessed CR Tax Rate +0.03651%
Year 2013 Assessed Value $2,100,329 Land Value $170,212 Improvement Value $1,930,117 Tax Amount $81,598 Change Rate Assessed CR Tax Rate +0.03885%