Taxes
- Assessed Value: $607,300
- Assessed Year: 2025
- Assessed County: Linn
- APN: 14204-88005-00000
- Assessed Land Value: 57300
- Market Land Value: 57300
- Tax Amount: 16556
- Tax Year: 2024
- Market Value: 607300
- Market Year: 2025
502 E Ave; Cedar Rapids, IA Property Details
Off market
502 E Ave NW Cedar Rapids, IA 52405
$607,300 Estimated Value
2,250 SqFt
Property Type
Retail StoresProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1985
- Purchase Price: $179,500
- Open Loans / Balance: 1 / $281,446
- APN: 14204-88005-00000
- Situs County: Linn
- Length Of Ownership: 25 years, 3 months
Structure
- Stories: 1
- Building Condition: Average
Measurements
- Total: 2,250/SqFt
- Lot: 14,331/SqFt
- Gross: 2,250/SqFt
- Living: 2,250/SqFt
- Building: 2,250/SqFt
- Ground: 2,250/SqFt
- Price Per Square Foot: $79.78
Legal Description
- Description: BROWNS 2ND LOTS 14 & STR/LB 15 10
Building Insights
Land Information
- Property Type: Retail Stores
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Cedar Rapids Community School District
- Lat / Lon: 41.978275 / -91.68021
- Subdivision: Browns 2nd
- Property Class: Commercial
- County Use Code: 204
Amenities
- Plus Four: 3855
Ownership Info
502 E Ave NW has no associated ownership info
502 E Ave NW has no associated ownership info.
Taxes
502 E Ave NW has 10 associated Taxes items
502 E Ave, 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 $607,300. The APN we've located for 502 E Ave is 14204-88005-00000.
Unlock the full reportTax History
502 E Ave NW has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $607,300 | Land Value $57,300 | Improvement Value $550,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $617,500 | Land Value $57,300 | Improvement Value $560,200 | Tax Amount $16,556 | Change Rate +0.058839% | Assessed CR | Tax Rate +0.026811% |
| Year 2023 | Assessed Value $554,500 | Land Value $57,300 | Improvement Value $497,200 | Tax Amount $15,636 | Change Rate -0.99% | Assessed CR | Tax Rate +0.028198% |
| Year 2022 | Assessed Value $509,100 | Land Value $57,300 | Improvement Value $451,800 | Tax Amount $1,563,600 | Change Rate +105.42526% | Assessed CR | Tax Rate +3.071302% |
| Year 2021 | Assessed Value $960,900 | Land Value $57,300 | Improvement Value $903,600 | Tax Amount $14,692 | Change Rate -0.076672% | Assessed CR | Tax Rate +0.01529% |
| Year 2020 | Assessed Value $1,021,900 | Land Value $57,300 | Improvement Value $964,600 | Tax Amount $15,912 | Change Rate -0.002257% | Assessed CR | Tax Rate +0.015571% |
| Year 2019 | Assessed Value $539,600 | Land Value $57,300 | Improvement Value $482,300 | Tax Amount $15,948 | Change Rate +0.051285% | Assessed CR | Tax Rate +0.029555% |
| Year 2018 | Assessed Value $539,600 | Land Value $57,300 | Improvement Value $482,300 | Tax Amount $15,170 | Change Rate | Assessed CR | Tax Rate +0.028113% |
| Year 2017 | Assessed Value $309,100 | Land Value $57,300 | Improvement Value $251,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $219,800 | Land Value $43,000 | Improvement Value $176,800 | Tax Amount $7,559.12 | Change Rate -0.031608% | Assessed CR | Tax Rate +0.034391% |
| Year 2015 | Assessed Value $227,185 | Land Value $43,005 | Improvement Value $184,180 | Tax Amount $7,805.85 | Change Rate +0.445528% | Assessed CR | Tax Rate +0.034359% |
| Year 2014 | Assessed Value $227,185 | Land Value $43,005 | Improvement Value $184,180 | Tax Amount $5,400 | Change Rate -0.263904% | Assessed CR | Tax Rate +0.023769% |
| Year 2013 | Assessed Value $227,185 | Land Value $43,005 | Improvement Value $184,180 | Tax Amount $7,336 | Change Rate | Assessed CR | Tax Rate +0.032291% |