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516 College Dr; Cedar Rapids, IA Property Details

516 College Dr, Cedar Rapids, IA is a Commercial Office that was built in 1961. This property is currently a cash purchase and is not for sale. Our records show that 516 College Dr has a total of 1,600 square feet. The lot size of 516 College Dr is 1,655 square feet.

Off market
516 College Dr NE Cedar Rapids, IA 52402
$48,200 Estimated Value
1,600 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1961
  • Purchase Price: $150,000
  • APN: 14211-05012-00000
  • Situs County: Linn
  • Length Of Ownership: 4 years, 4 months

Structure

  • Stories: 1
  • Building Condition: Fair

Measurements

  • Total: 1,600/SqFt
  • Lot: 1,655/SqFt
  • Gross: 1,600/SqFt
  • Living: 800/SqFt
  • Basement: 800/SqFt
  • Building: 1,600/SqFt
  • Ground: 800/SqFt
  • Price Per Square Foot: $93.75

Legal Description

  • Description: C R IMPROVEMENT CO 2ND SE 40 BNG 41.32 MEAS ON SWLY LN & BNG 40.88MEAS ON NELY LN STR/LB 12 1
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 41.9903 / -91.65937
  • Subdivision: C R Improvement Co 2nd
  • Property Class: Office
  • County Use Code: 501

Ownership Info

516 College Dr NE has no associated ownership info
516 College Dr NE has no associated ownership info.

Taxes

516 College Dr NE has 8 associated Taxes items

516 College Dr, 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 $48,200. The APN we've located for 516 College Dr is 14211-05012-00000.

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Taxes
  • Assessed Value:  $48,200
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14211-05012-00000
  • Assessed Land Value:  6600
  • Market Land Value:  6600
  • Market Value:  48200
  • Market Year:  2025

Tax History

516 College Dr NE has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $48,200 Land Value $6,600 Improvement Value $41,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $46,300 Land Value $6,600 Improvement Value $39,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $46,300 Land Value $6,600 Improvement Value $39,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $56,900 Land Value $6,600 Improvement Value $50,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $56,900 Land Value $6,600 Improvement Value $50,300 Tax Amount Change Rate Assessed CR Tax Rate