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2506 Illinois St; Cedar Rapids, IA Property Details

2506 Illinois St, Cedar Rapids, IA is a Single Family that was built in 1953. This property is currently a cash purchase and is not for sale. Our records show that 2506 Illinois St has 3 bedrooms, and 1 bathroom, and a total of 894 square feet. The lot size of 2506 Illinois St is 7,448 square feet.

Off market
2506 Illinois St SW Cedar Rapids, IA 52404
$115,000 Listing Price
3 Beds
1 Baths
894 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $115,000
  • Open Loans / Balance: 2 / $57,903
  • Est. Equity / %: $80,097 / 58.04%
  • Gross Yield: 11.565%
  • APN: 14333-33006-00000
  • Situs County: Linn
  • Length Of Ownership: 6 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Other
  • Building Condition: Very Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 894/SqFt
  • Lot: 7,448/SqFt
  • Gross: 910/SqFt
  • Living: 894/SqFt
  • Building: 894/SqFt
  • Ground: 894/SqFt
  • Price Per Square Foot: $128.64

Legal Description

  • Description: WILSON HEIGHTS 2ND STR/LB 2 7
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: 41.953564 / -91.67399
  • Subdivision: Wilson Heights 2nd
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3529
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Home Owner Association

Ownership Info

2506 Illinois St SW has no associated ownership info
2506 Illinois St SW has no associated ownership info.

Taxes

2506 Illinois St SW has 10 associated Taxes items

2506 Illinois St, 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 $139,200. The APN we've located for 2506 Illinois St is 14333-33006-00000.

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Taxes
  • Assessed Value:  $139,200
  • Assessed Year:  2026
  • Assessed County:  Linn
  • APN:  14333-33006-00000
  • Assessed Land Value:  31100
  • Market Land Value:  31100
  • Tax Amount:  2354
  • Tax Year:  2025
  • Market Value:  139200
  • Market Year:  2026

Tax History

2506 Illinois St SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $139,200 Land Value $31,100 Improvement Value $108,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,354 Change Rate +0.085793% Assessed CR Tax Rate
Year 2024 Assessed Value $130,000 Land Value $31,100 Improvement Value $98,900 Tax Amount $2,168 Change Rate -0.112203% Assessed CR Tax Rate +0.016677%
Year 2023 Assessed Value $122,500 Land Value $26,200 Improvement Value $96,300 Tax Amount $2,442 Change Rate -0.99% Assessed CR Tax Rate +0.019935%
Year 2022 Assessed Value $115,800 Land Value $22,900 Improvement Value $92,900 Tax Amount $244,200 Change Rate +113.64789% Assessed CR Tax Rate +2.108808%
Year 2021 Assessed Value $102,800 Land Value $22,900 Improvement Value $79,900 Tax Amount $2,130 Change Rate -0.025618% Assessed CR Tax Rate +0.02072%
Year 2020 Assessed Value $99,100 Land Value $19,600 Improvement Value $79,500 Tax Amount $2,186 Change Rate +0.259217% Assessed CR Tax Rate +0.022059%
Year 2019 Assessed Value $86,000 Land Value $19,600 Improvement Value $66,400 Tax Amount $1,736 Change Rate +0.071605% Assessed CR Tax Rate +0.020186%
Year 2018 Assessed Value $86,000 Land Value $19,600 Improvement Value $66,400 Tax Amount $1,620 Change Rate Assessed CR Tax Rate +0.018837%
Year 2017 Assessed Value $85,000 Land Value $19,600 Improvement Value $65,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $86,900 Land Value $19,600 Improvement Value $67,300 Tax Amount $1,847.33 Change Rate +0.063413% Assessed CR Tax Rate +0.021258%
Year 2015 Assessed Value $81,614 Land Value $19,646 Improvement Value $61,968 Tax Amount $1,737.17 Change Rate +0.119311% Assessed CR Tax Rate +0.021285%
Year 2014 Assessed Value $84,093 Land Value $19,646 Improvement Value $64,447 Tax Amount $1,552 Change Rate -0.00894% Assessed CR Tax Rate +0.018456%
Year 2013 Assessed Value $84,093 Land Value $19,646 Improvement Value $64,447 Tax Amount $1,566 Change Rate Assessed CR Tax Rate +0.018622%