Taxes
- Assessed Value: $7,308,500
- Assessed Year: 2025
- Assessed County: Linn
- APN: 14282-34003-00000
- Assessed Land Value: 55900
- Market Land Value: 55900
- Tax Amount: 18840
- Tax Year: 2024
- Market Value: 7308500
- Market Year: 2025
245 2nd St; Cedar Rapids, IA Property Details
Off market
245 2nd St SW Cedar Rapids, IA 52404
$7,308,500 Estimated Value
10,586 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2019
- Purchase Price: $6,900,000
- Open Loans / Balance: 1 / $4,877,684
- APN: 14282-34003-00000
- Situs County: Linn
- Length Of Ownership: 7 months
Structure
- Stories: 5
- Building Condition: Fair
Measurements
- Total: 10,586/SqFt
- Lot: 13,982/SqFt
- Gross: 10,586/SqFt
- Living: 10,586/SqFt
- Building: 10,586/SqFt
- Ground: 18,020/SqFt
- Price Per Square Foot: $651.80
Legal Description
- Description: KINGSTON NW 10 LOT 7, ALL LOT 8 & SE 30 STR/LB 9 4
Building Insights
Land Information
- Property Type: Apt House 5+ Units
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Cedar Rapids Community School District
- Lat / Lon: 41.97482 / -91.673134
- Subdivision: Kingston
- Property Class: Residential
- County Use Code: 514
Amenities
- Plus Four: 5712
Ownership Info
245 2nd St SW has no associated ownership info
245 2nd St SW has no associated ownership info.
Taxes
245 2nd St SW has 10 associated Taxes items
245 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 $7,308,500. The APN we've located for 245 2nd St is 14282-34003-00000.
Unlock the full reportTax History
245 2nd St SW has 7 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $7,308,500 | Land Value $55,900 | Improvement Value $7,252,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $6,867,000 | Land Value $55,900 | Improvement Value $6,811,100 | Tax Amount $18,840 | Change Rate +4.385935% | Assessed CR | Tax Rate +0.002744% |
| Year 2023 | Assessed Value $6,880,600 | Land Value $55,900 | Improvement Value $6,824,700 | Tax Amount $3,498 | Change Rate -0.99% | Assessed CR | Tax Rate +0.000508% |
| Year 2022 | Assessed Value $6,042,300 | Land Value $55,900 | Improvement Value $5,986,400 | Tax Amount $349,800 | Change Rate +238.26129% | Assessed CR | Tax Rate +0.057892% |
| Year 2021 | Assessed Value $5,943,400 | Land Value $55,900 | Improvement Value $5,887,500 | Tax Amount $1,462 | Change Rate +1.013774% | Assessed CR | Tax Rate +0.000246% |
| Year 2020 | Assessed Value $25,700 | Land Value $25,700 | Improvement Value | Tax Amount $726 | Change Rate -0.507463% | Assessed CR | Tax Rate +0.028249% |
| Year 2019 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,474 | Change Rate | Assessed CR | Tax Rate |