Large Location Icon

505 B Ave; Cedar Rapids, IA Property Details

505 B Ave, Cedar Rapids, IA is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 505 B Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 1,047 square feet. The lot size of 505 B Ave is 2,090 square feet.

Off market
505 B Ave NW Cedar Rapids, IA 52405
$62,500 Listing Price
2 Beds
1.5 Baths
1,047 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Purchase Price: $64,500
  • Open Loans / Balance: 1 / $83,018
  • Est. Equity / %: $-6,018 / -7.82%
  • Gross Yield: 21.132%
  • APN: 14291-11002-00000
  • Situs County: Linn
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,047/SqFt
  • Lot: 2,090/SqFt
  • Gross: 1,823/SqFt
  • Living: 1,047/SqFt
  • Basement: 616/SqFt
  • Building: 1,663/SqFt
  • Ground: 1,047/SqFt
  • Price Per Square Foot: $61.60

Legal Description

  • Description: BROWNS 1ST NW 70 SW 30 STR/LB 1 39
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 41.976425 / -91.67962
  • Subdivision: Browns 1st
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3845
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

505 B Ave NW has no associated ownership info
505 B Ave NW has no associated ownership info.

Taxes

505 B Ave NW has 10 associated Taxes items

505 B 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 $88,100. The APN we've located for 505 B Ave is 14291-11002-00000.

Unlock the full report
Taxes
  • Assessed Value:  $88,100
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14291-11002-00000
  • Assessed Land Value:  12600
  • Market Land Value:  12600
  • Tax Amount:  1352
  • Tax Year:  2024
  • Market Value:  88100
  • Market Year:  2025

Tax History

505 B Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $88,100 Land Value $12,600 Improvement Value $75,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $77,300 Land Value $12,600 Improvement Value $64,700 Tax Amount $1,352 Change Rate -0.039773% Assessed CR Tax Rate +0.01749%
Year 2023 Assessed Value $76,400 Land Value $12,600 Improvement Value $63,800 Tax Amount $1,408 Change Rate -0.99% Assessed CR Tax Rate +0.018429%
Year 2022 Assessed Value $66,800 Land Value $11,600 Improvement Value $55,200 Tax Amount $140,800 Change Rate +110.04101% Assessed CR Tax Rate +2.107784%
Year 2021 Assessed Value $61,200 Land Value $11,600 Improvement Value $49,600 Tax Amount $1,268 Change Rate +0.128114% Assessed CR Tax Rate +0.020719%
Year 2020 Assessed Value $59,500 Land Value $9,500 Improvement Value $50,000 Tax Amount $1,124 Change Rate +0.178197% Assessed CR Tax Rate +0.018891%
Year 2019 Assessed Value $63,200 Land Value $6,300 Improvement Value $56,900 Tax Amount $954 Change Rate -0.279456% Assessed CR Tax Rate +0.015095%
Year 2018 Assessed Value $63,200 Land Value $6,300 Improvement Value $56,900 Tax Amount $1,324 Change Rate Assessed CR Tax Rate +0.020949%
Year 2017 Assessed Value $56,900 Land Value $6,300 Improvement Value $50,600 Tax Amount $1,324 Change Rate +0.094215% Assessed CR Tax Rate +0.023269%
Year 2016 Assessed Value $56,900 Land Value $6,300 Improvement Value $50,600 Tax Amount $1,210 Change Rate -0.000826% Assessed CR Tax Rate +0.021265%
Year 2015 Assessed Value $56,496 Land Value $6,300 Improvement Value $50,196 Tax Amount $1,211 Change Rate +0.007488% Assessed CR Tax Rate +0.021435%
Year 2014 Assessed Value $56,496 Land Value $6,300 Improvement Value $50,196 Tax Amount $1,202 Change Rate +0.022109% Assessed CR Tax Rate +0.021276%
Year 2013 Assessed Value $56,496 Land Value $6,300 Improvement Value $50,196 Tax Amount $1,176 Change Rate Assessed CR Tax Rate +0.020816%