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508 Peace Ave; Cedar Rapids, IA Property Details

508 Peace Ave, Cedar Rapids, IA is a Single Family that was built in 1990. This property is currently Financed and is not for sale. Our records show that 508 Peace Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 2,245 square feet. The lot size of 508 Peace Ave is 9,104 square feet.

Off market
508 Peace Ave NW Cedar Rapids, IA 52405
$275,600 Estimated Value
4 Beds
2.5 Baths
2,245 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1990
  • Purchase Price: $285,000
  • Open Loans / Balance: 1 / $281,969
  • Est. Equity / %: $10,031 / 3.44%
  • Gross Yield: 10.068%
  • APN: 13252-28030-00000
  • Situs County: Linn
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,245/SqFt
  • Lot: 9,104/SqFt
  • Gross: 2,500/SqFt
  • Living: 2,245/SqFt
  • Basement: 720/SqFt
  • Building: 2,500/SqFt
  • Ground: 1,780/SqFt
  • Basement Finished: 465/SqFt
  • Basement Unfinished: 255/SqFt
  • Price Per Square Foot: $126.95

Legal Description

  • Description: BEL AIR WEST 2ND STR/LB 4
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: 41.977592 / -91.73391
  • Subdivision: Bel Air West 2nd
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3469
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

508 Peace Ave NW has no associated ownership info
508 Peace Ave NW has no associated ownership info.

Taxes

508 Peace Ave NW has 10 associated Taxes items

508 Peace 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 $275,600. The APN we've located for 508 Peace Ave is 13252-28030-00000.

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Taxes
  • Assessed Value:  $275,600
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  13252-28030-00000
  • Assessed Land Value:  49000
  • Market Land Value:  49000
  • Tax Amount:  4224
  • Tax Year:  2024
  • Market Value:  275600
  • Market Year:  2025

Tax History

508 Peace Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $275,600 Land Value $49,000 Improvement Value $226,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $252,900 Land Value $49,000 Improvement Value $203,900 Tax Amount $4,224 Change Rate -0.079739% Assessed CR Tax Rate +0.016702%
Year 2023 Assessed Value $249,100 Land Value $49,000 Improvement Value $200,100 Tax Amount $4,590 Change Rate -0.99% Assessed CR Tax Rate +0.018426%
Year 2022 Assessed Value $226,500 Land Value $43,800 Improvement Value $182,700 Tax Amount $459,000 Change Rate +108.913795% Assessed CR Tax Rate +2.02649%
Year 2021 Assessed Value $210,500 Land Value $38,500 Improvement Value $172,000 Tax Amount $4,176 Change Rate -0.02974% Assessed CR Tax Rate +0.019838%
Year 2020 Assessed Value $203,700 Land Value $38,500 Improvement Value $165,200 Tax Amount $4,304 Change Rate +0.06799% Assessed CR Tax Rate +0.021129%
Year 2019 Assessed Value $193,500 Land Value $28,000 Improvement Value $165,500 Tax Amount $4,030 Change Rate +0.040806% Assessed CR Tax Rate +0.020827%
Year 2018 Assessed Value $193,500 Land Value $28,000 Improvement Value $165,500 Tax Amount $3,872 Change Rate Assessed CR Tax Rate +0.02001%
Year 2017 Assessed Value $184,200 Land Value $28,000 Improvement Value $156,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $171,400 Land Value $28,000 Improvement Value $143,400 Tax Amount $3,643.33 Change Rate +0.02653% Assessed CR Tax Rate +0.021256%
Year 2015 Assessed Value $166,777 Land Value $31,500 Improvement Value $135,277 Tax Amount $3,549.17 Change Rate +0.055045% Assessed CR Tax Rate +0.021281%
Year 2014 Assessed Value $176,228 Land Value $31,500 Improvement Value $144,728 Tax Amount $3,364 Change Rate -0.034443% Assessed CR Tax Rate +0.019089%
Year 2013 Assessed Value $176,228 Land Value $31,500 Improvement Value $144,728 Tax Amount $3,484 Change Rate Assessed CR Tax Rate +0.01977%