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616 2nd Ave; Cedar Rapids, IA Property Details

616 2nd Ave, Cedar Rapids, IA is a Restaurant that was built in 1918. This property is currently Financed and is not for sale. Our records show that 616 2nd Ave has a total of 4,970 square feet. The lot size of 616 2nd Ave is 4,965 square feet.

Off market
616 2nd Ave SE Cedar Rapids, IA 52401
$200,000 Listing Price
4,970 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1918
  • Purchase Price: $200,000
  • Open Loans / Balance: 1 / $128,470
  • APN: 14214-51007-00000
  • Situs County: Linn
  • Length Of Ownership: 12 years, 5 months

Structure

  • Stories: 1
  • Building Condition: Fair

Measurements

  • Total: 4,970/SqFt
  • Lot: 4,965/SqFt
  • Gross: 4,970/SqFt
  • Living: 4,970/SqFt
  • Building: 4,970/SqFt
  • Ground: 4,970/SqFt
  • Price Per Square Foot: $40.24

Legal Description

  • Description: O T SW 35.5 NE 38 STR/LB 8 49
Building Insights

Land Information

  • Property Type: Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 41.980972 / -91.66303
  • Subdivision: Original Town Now City Of Cedar Rapids
  • Property Class: Commercial
  • County Use Code: 302

Amenities

  • Plus Four: 1306

Ownership Info

616 2nd Ave SE has no associated ownership info
616 2nd Ave SE has no associated ownership info.

Taxes

616 2nd Ave SE has 10 associated Taxes items

616 2nd Ave, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $296,100. The APN we've located for 616 2nd Ave is 14214-51007-00000.

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Taxes
  • Assessed Value:  $296,100
  • Assessed Year:  2026
  • Assessed County:  Linn
  • APN:  14214-51007-00000
  • Assessed Land Value:  59600
  • Market Land Value:  59600
  • Tax Amount:  8184
  • Tax Year:  2025
  • Market Value:  296100
  • Market Year:  2026

Tax History

616 2nd Ave SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $296,100 Land Value $59,600 Improvement Value $236,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,184 Change Rate +0.00813% Assessed CR Tax Rate
Year 2024 Assessed Value $293,100 Land Value $59,600 Improvement Value $233,500 Tax Amount $8,118 Change Rate -0.188687% Assessed CR Tax Rate +0.027697%
Year 2023 Assessed Value $293,100 Land Value $59,600 Improvement Value $233,500 Tax Amount $10,006 Change Rate -0.99% Assessed CR Tax Rate +0.034139%
Year 2022 Assessed Value $327,800 Land Value $59,600 Improvement Value $268,200 Tax Amount $1,000,600 Change Rate +109.51469% Assessed CR Tax Rate +3.052471%
Year 2021 Assessed Value $596,000 Land Value $59,600 Improvement Value $536,400 Tax Amount $9,054 Change Rate -0.300201% Assessed CR Tax Rate +0.015191%
Year 2020 Assessed Value $627,200 Land Value $59,600 Improvement Value $567,600 Tax Amount $12,938 Change Rate +0.002479% Assessed CR Tax Rate +0.020628%
Year 2019 Assessed Value $323,600 Land Value $59,600 Improvement Value $264,000 Tax Amount $12,906 Change Rate +0.095958% Assessed CR Tax Rate +0.039883%
Year 2018 Assessed Value $323,600 Land Value $59,600 Improvement Value $264,000 Tax Amount $11,776 Change Rate Assessed CR Tax Rate +0.036391%
Year 2017 Assessed Value $236,200 Land Value $59,600 Improvement Value $176,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $147,100 Land Value $59,600 Improvement Value $87,500 Tax Amount $5,424 Change Rate -0.129094% Assessed CR Tax Rate +0.036873%
Year 2015 Assessed Value $169,071 Land Value $59,640 Improvement Value $109,431 Tax Amount $6,228 Change Rate Assessed CR Tax Rate +0.036837%
Year 2014 Assessed Value $169,071 Land Value $59,640 Improvement Value $109,431 Tax Amount $6,228 Change Rate +0.11254% Assessed CR Tax Rate +0.036837%
Year 2013 Assessed Value $169,071 Land Value $59,640 Improvement Value $109,431 Tax Amount $5,598 Change Rate Assessed CR Tax Rate +0.03311%