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507 B Ave; Cedar Rapids, IA Property Details

507 B Ave, Cedar Rapids, IA is a Single Family that was built in 1899. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 507 B Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,704 square feet. The lot size of 507 B Ave is 5,619 square feet.

Off market
507 B Ave NW Cedar Rapids, IA 52405
$148,900 Estimated Value
4 Beds
2 Baths
1,704 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1899
  • Purchase Price: $37,500
  • Open Loans / Balance: 1 / $124,272
  • Est. Equity / %: $22,728 / 15.46%
  • Gross Yield: 10.18%
  • APN: 14291-11003-00000
  • Situs County: Linn
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Very Good
  • Roof Type: Gable
  • Roof Cover Type: Metal

Measurements

  • Total: 1,704/SqFt
  • Lot: 5,619/SqFt
  • Gross: 2,536/SqFt
  • Living: 1,704/SqFt
  • Basement: 832/SqFt
  • Building: 2,536/SqFt
  • Ground: 1,704/SqFt
  • Price Per Square Foot: $22.01

Legal Description

  • Description: BROWNS 1ST NE 40 STR/LB 2 39
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: 41.97638 / -91.67973
  • Subdivision: Browns 1st
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3845
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

507 B Ave NW has 10 associated Taxes items

507 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 $148,900. The APN we've located for 507 B Ave is 14291-11003-00000.

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Taxes
  • Assessed Value:  $148,900
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14291-11003-00000
  • Assessed Land Value:  24000
  • Market Land Value:  24000
  • Tax Amount:  2170
  • Tax Year:  2024
  • Market Value:  148900
  • Market Year:  2025

Tax History

507 B Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $148,900 Land Value $24,000 Improvement Value $124,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $134,400 Land Value $24,000 Improvement Value $110,400 Tax Amount $2,170 Change Rate -0.146341% Assessed CR Tax Rate +0.016146%
Year 2023 Assessed Value $122,600 Land Value $24,000 Improvement Value $98,600 Tax Amount $2,542 Change Rate -0.99% Assessed CR Tax Rate +0.020734%
Year 2022 Assessed Value $120,500 Land Value $22,000 Improvement Value $98,500 Tax Amount $254,200 Change Rate +110.1014% Assessed CR Tax Rate +2.109544%
Year 2021 Assessed Value $110,400 Land Value $22,000 Improvement Value $88,400 Tax Amount $2,288 Change Rate +0.082308% Assessed CR Tax Rate +0.020725%
Year 2020 Assessed Value $95,800 Land Value $18,000 Improvement Value $77,800 Tax Amount $2,114 Change Rate +0.253855% Assessed CR Tax Rate +0.022067%
Year 2019 Assessed Value $78,800 Land Value $12,000 Improvement Value $66,800 Tax Amount $1,686 Change Rate +0.020581% Assessed CR Tax Rate +0.021396%
Year 2018 Assessed Value $78,800 Land Value $12,000 Improvement Value $66,800 Tax Amount $1,652 Change Rate Assessed CR Tax Rate +0.020964%
Year 2017 Assessed Value $76,900 Land Value $12,000 Improvement Value $64,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $76,900 Land Value $12,000 Improvement Value $64,900 Tax Amount $1,635.33 Change Rate +0.127814% Assessed CR Tax Rate +0.021266%
Year 2015 Assessed Value $76,338 Land Value $12,000 Improvement Value $64,338 Tax Amount $1,450 Change Rate +0.006944% Assessed CR Tax Rate +0.018994%
Year 2014 Assessed Value $76,338 Land Value $12,000 Improvement Value $64,338 Tax Amount $1,440 Change Rate +0.07946% Assessed CR Tax Rate +0.018863%
Year 2013 Assessed Value $76,338 Land Value $12,000 Improvement Value $64,338 Tax Amount $1,334 Change Rate Assessed CR Tax Rate +0.017475%