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531 Peace Ave; Cedar Rapids, IA Property Details

531 Peace Ave, Cedar Rapids, IA is a Single Family that was built in 1990. This property is not for sale. Our records show that 531 Peace Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,835 square feet. The lot size of 531 Peace Ave is 13,503 square feet.

Off market
531 Peace Ave NW Cedar Rapids, IA 52405
$257,000 Estimated Value
3 Beds
2.5 Baths
1,835 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1990
  • Purchase Price: $137,000
  • Est. Equity / %: $300,000 / 100%
  • Gross Yield: 8.412%
  • APN: 13252-27002-00000
  • Situs County: Linn
  • Length Of Ownership: 28 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,835/SqFt
  • Lot: 13,503/SqFt
  • Gross: 2,575/SqFt
  • Living: 1,835/SqFt
  • Basement: 740/SqFt
  • Building: 2,575/SqFt
  • Ground: 1,835/SqFt
  • Price Per Square Foot: $74.66

Legal Description

  • Description: BEL AIR WEST 2ND STR/LB 23
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: 41.978214 / -91.73327
  • Subdivision: Bel Air West 2nd
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3470
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

531 Peace Ave NW has 10 associated Taxes items

531 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 $257,000. The APN we've located for 531 Peace Ave is 13252-27002-00000.

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Taxes
  • Assessed Value:  $257,000
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  13252-27002-00000
  • Assessed Land Value:  59000
  • Market Land Value:  59000
  • Tax Amount:  4224
  • Tax Year:  2024
  • Market Value:  257000
  • Market Year:  2025

Tax History

531 Peace Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $257,000 Land Value $59,000 Improvement Value $198,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $253,000 Land Value $59,000 Improvement Value $194,000 Tax Amount $4,224 Change Rate -0.072464% Assessed CR Tax Rate +0.016696%
Year 2023 Assessed Value $249,200 Land Value $59,000 Improvement Value $190,200 Tax Amount $4,554 Change Rate -0.99% Assessed CR Tax Rate +0.018274%
Year 2022 Assessed Value $224,800 Land Value $52,700 Improvement Value $172,100 Tax Amount $455,400 Change Rate +109.15965% Assessed CR Tax Rate +2.025801%
Year 2021 Assessed Value $208,500 Land Value $46,300 Improvement Value $162,200 Tax Amount $4,134 Change Rate -0.032756% Assessed CR Tax Rate +0.019827%
Year 2020 Assessed Value $202,300 Land Value $46,300 Improvement Value $156,000 Tax Amount $4,274 Change Rate +0.081478% Assessed CR Tax Rate +0.021127%
Year 2019 Assessed Value $180,600 Land Value $33,700 Improvement Value $146,900 Tax Amount $3,952 Change Rate +0.097168% Assessed CR Tax Rate +0.021883%
Year 2018 Assessed Value $180,600 Land Value $33,700 Improvement Value $146,900 Tax Amount $3,602 Change Rate Assessed CR Tax Rate +0.019945%
Year 2017 Assessed Value $188,300 Land Value $33,700 Improvement Value $154,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $175,800 Land Value $33,700 Improvement Value $142,100 Tax Amount $3,737.33 Change Rate +0.033219% Assessed CR Tax Rate +0.021259%
Year 2015 Assessed Value $170,020 Land Value $35,802 Improvement Value $134,218 Tax Amount $3,617.17 Change Rate +0.053954% Assessed CR Tax Rate +0.021275%
Year 2014 Assessed Value $179,210 Land Value $35,802 Improvement Value $143,408 Tax Amount $3,432 Change Rate -0.032149% Assessed CR Tax Rate +0.019151%
Year 2013 Assessed Value $179,210 Land Value $35,802 Improvement Value $143,408 Tax Amount $3,546 Change Rate Assessed CR Tax Rate +0.019787%