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Residential (General/Single)Residential

1953 1ST AVE SE

CEDAR RAPIDS, IA 52402
1959
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 20225 floors24 units1,317–1,763 ft²
$12M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$467K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$303
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+117.7%vs the Cedar Rapids ZIP median sale $/ft² ($139)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.

5 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$370K$487K$603K$720K1,317 ft²1,406 ft²1,495 ft²1,585 ft²1,674 ft²1,763 ft²
1 bd2 bd
1 bed
4 units
2 bed
20 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 3 ba · 1,473 ft²
6 units
2 bd · 3 ba · 1,763 ft²
6 units
1 bd · 3 ba · 1,317 ft²
4 units
2 bd · 2.3 ba · 1,473 ft²
2 units
2 bd · 3 ba · 1,629 ft²
2 units
2 bd · 2.3 ba · 1,763 ft²
2 units
One-off layouts
2 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$370K–$407K
4 units
$419K–$448K
7 units
$465K–$500K
5 units
$529K–$544K
3 units
$562K–$588K
2 units
$590K–$630K
2 units
$720K–$720K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 2
$310/ft²
Floor 3
$310/ft²
Floor 4
$308/ft²
Floor 5
$312/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·01
$354/ft²
Line ·05
$313/ft²
Line ·06
$311/ft²
Line ·02
$302/ft²
Line ·04
$293/ft²
Line ·03
$287/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.17%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.88%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.4.4 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.100%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.0%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$472,271
Median tax billThe middle annual property tax bill among the building's units.$8,708
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit A-502Aug 8, 2024$419,500Unit A-201Aug 6, 2024$600,000Unit A-303Aug 1, 2024$477,000Unit A-501Jul 5, 2023$787,000Unit A-401Jun 2, 2023$608,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$30,428 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,920,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,920,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,680,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,920,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.39
44
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
6
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
61
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
15
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyLinn
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Johnson STEAM AcademyF
Elementary · Grades KG–5 · 0.5 mi
H
Washington High SchoolD
High · Grades 9–12 · 0.6 mi
M
McKinley STEAM AcademyD-
Middle · Grades 6–8 · 1.2 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52402These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.40,864
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,020 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$73,958
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$89,674
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1953 1st Ave Se
28,083 ft²
1953 1st Ave Se
1953 1st Ave Se # A-201
2 bd · 2.3 ba · 1,763 ft²
$562K
1953 1st Ave Se # A-202
1 bd · 2.8 ba · 1,317 ft²
$419K
1953 1st Ave Se # A-203
2 bd · 2.3 ba · 1,473 ft²
$407K
1953 1st Ave Se # A-204
2 bd · 2.3 ba · 1,563 ft²
$500K
1953 1st Ave Se # A-205
2 bd · 2.3 ba · 1,473 ft²
$470K
1953 1st Ave Se # A-206
2 bd · 2.3 ba · 1,763 ft²
$544K
1953 1st Ave Se # A-301
2 bd · 2.3 ba · 1,763 ft²
$630K
1953 1st Ave Se # A-302
1 bd · 2.8 ba · 1,317 ft²
$370K
1953 1st Ave Se # A-303
2 bd · 2.3 ba · 1,473 ft²
$448K
1953 1st Ave Se # A-304
2 bd · 2.3 ba · 1,629 ft²
$465K
1953 1st Ave Se # A-305
2 bd · 2.3 ba · 1,473 ft²
$439K
1953 1st Ave Se # A-306
2 bd · 2.3 ba · 1,763 ft²
$590K
1953 1st Ave Se # A-401
2 bd · 2.3 ba · 1,763 ft²
$588K
1953 1st Ave Se # A-402
1 bd · 2.8 ba · 1,317 ft²
$419K
1953 1st Ave Se # A-403
2 bd · 2.3 ba · 1,473 ft²
$439K
1953 1st Ave Se # A-404
2 bd · 2.3 ba · 1,629 ft²
$490K
1953 1st Ave Se # A-405
2 bd · 2.3 ba · 1,473 ft²
$440K
1953 1st Ave Se # A-406
2 bd · 2.3 ba · 1,763 ft²
$529K
1953 1st Ave Se # A-501
2 bd · 2.3 ba · 1,763 ft²
$720K
1953 1st Ave Se # A-502
1 bd · 2.8 ba · 1,317 ft²
$386K
1953 1st Ave Se # A-503
2 bd · 2.3 ba · 1,473 ft²
$395K
1953 1st Ave Se # A-504
2 bd · 2.3 ba · 1,629 ft²
$436K
1953 1st Ave Se # A-505
2 bd · 2.3 ba · 1,473 ft²
$495K
1953 1st Ave Se # A-506
2 bd · 2.3 ba · 1,763 ft²
$529K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1953 1st Ave

How many units are in 1953 1st Ave, Cedar Rapids, IA?

1953 1st Ave, Cedar Rapids, IA has 24 residential units across 5 floors, built in 2022, according to county assessor records.

What is a unit at 1953 1st Ave, Cedar Rapids, IA worth?

The median TopHap Estimate across the 24 units at 1953 1st Ave, Cedar Rapids, IA is $467,450. That works out to $303 per square foot. Units run from 1,317 to 1,763 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1953 1st Ave, Cedar Rapids, IA expensive for Cedar Rapids?

Units at 1953 1st Ave, Cedar Rapids, IA carry a median of $303 per square foot, 118% above the Cedar Rapids median of $139 per square foot.

How often do units sell at 1953 1st Ave, Cedar Rapids, IA?

0 units at 1953 1st Ave, Cedar Rapids, IA sold in the last 12 months, out of 5 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

What floor plans does 1953 1st Ave, Cedar Rapids, IA have?

The most common plan at 1953 1st Ave, Cedar Rapids, IA is a 2-bedroom of 1,473 square feet, repeated 6 times, with a median estimate of $439,043. TopHap identifies 6 recurring plans in the building.

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