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226 2nd St; Cedar Rapids, IA Property Details

226 2nd St, Cedar Rapids, IA is a Financial Bldg that was built in 1926. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 226 2nd St has a total of 20,565 square feet. The lot size of 226 2nd St is 10,541 square feet.

Off market
226 2nd St SE Cedar Rapids, IA 52401
$4,860,400 Estimated Value
20,565 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1926
  • Purchase Price: $8,400,000
  • APN: 14214-63001-00000
  • Situs County: Linn
  • Length Of Ownership: 4 years, 7 months

Structure

  • Stories: 11
  • Building Condition: Average

Measurements

  • Total: 20,565/SqFt
  • Lot: 10,541/SqFt
  • Gross: 20,565/SqFt
  • Living: 10,500/SqFt
  • Basement: 10,065/SqFt
  • Building: 20,565/SqFt
  • Ground: 18,945/SqFt
  • Price Per Square Foot: $408.46

Legal Description

  • Description: O T LOT 6 & NE 15 2 1/2 INCHES STR/LB 7 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: 41.978603 / -91.66717
  • Property Class: Office
  • County Use Code: 506

Amenities

  • Plus Four: 1406

Ownership Info

226 2nd St SE has no associated ownership info
226 2nd St SE has no associated ownership info.

Taxes

226 2nd St SE has 10 associated Taxes items

226 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 $4,860,400. The APN we've located for 226 2nd St is 14214-63001-00000.

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Taxes
  • Assessed Value:  $4,860,400
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14214-63001-00000
  • Assessed Land Value:  263200
  • Market Land Value:  263200
  • Tax Amount:  127318
  • Tax Year:  2024
  • Market Value:  4860400
  • Market Year:  2025

Tax History

226 2nd St SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,860,400 Land Value $263,200 Improvement Value $4,597,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $127,318 Change Rate -0.38575% Assessed CR Tax Rate
Year 2023 Assessed Value $4,692,100 Land Value $263,200 Improvement Value $4,428,900 Tax Amount $207,274 Change Rate -0.99% Assessed CR Tax Rate +0.044175%
Year 2022 Assessed Value $5,607,100 Land Value $263,200 Improvement Value $5,343,900 Tax Amount $20,727,400 Change Rate +100.057014% Assessed CR Tax Rate +3.696635%
Year 2021 Assessed Value $10,951,000 Land Value $263,200 Improvement Value $10,687,800 Tax Amount $205,106 Change Rate -0.019607% Assessed CR Tax Rate +0.018729%
Year 2020 Assessed Value $10,951,000 Land Value $263,200 Improvement Value $10,687,800 Tax Amount $209,208 Change Rate +0.00228% Assessed CR Tax Rate +0.019104%
Year 2019 Assessed Value $5,607,100 Land Value $263,200 Improvement Value $5,343,900 Tax Amount $208,732 Change Rate +0.033593% Assessed CR Tax Rate +0.037226%
Year 2018 Assessed Value $5,607,100 Land Value $263,200 Improvement Value $5,343,900 Tax Amount $201,948 Change Rate Assessed CR Tax Rate +0.036016%
Year 2017 Assessed Value $4,875,700 Land Value $294,600 Improvement Value $4,581,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $4,875,700 Land Value $294,600 Improvement Value $4,581,100 Tax Amount $179,749.16 Change Rate +0.000789% Assessed CR Tax Rate +0.036866%
Year 2015 Assessed Value $4,875,817 Land Value $294,588 Improvement Value $4,581,229 Tax Amount $179,607.41 Change Rate +0.008951% Assessed CR Tax Rate +0.036836%
Year 2014 Assessed Value $4,875,817 Land Value $294,588 Improvement Value $4,581,229 Tax Amount $178,014 Change Rate -0.060245% Assessed CR Tax Rate +0.03651%
Year 2013 Assessed Value $4,875,817 Land Value $294,588 Improvement Value $4,581,229 Tax Amount $189,426 Change Rate Assessed CR Tax Rate +0.03885%