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Financial BuildingCommercial
Last sold for $8,400,000 on Nov 5, 2021

226 2ND ST SE

CEDAR RAPIDS, IA 52401
0
Baths
20,565 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1926
Year BuiltThe year the home was originally built, according to county records.
11
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$8,400,000 · Nov 5, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$127,318 (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.$4,860,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$263,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$4,597,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$4,692,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$4,860,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Financial Building
CountyLINN
Lot (acres)The size of the land the home sits on, from county records.0.24
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

M
McKinley STEAM AcademyC-
Middle · Grades 6–8 · 0.7 mi
E
Johnson STEAM AcademyF
Elementary · Grades KG–5 · 1.3 mi
H
Washington High SchoolD+
High · Grades 9–12 · 2.2 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52401These 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.186
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 100.19

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.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.21%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.2,387
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,782 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$40,002
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$60,895
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

How this home compares

226 2nd St Se measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Linn County
  • Has a bigger lot than 87% of homes in Cedar Rapids 52401
  • Older than 84% of homes in Linn County

How it measures up in Cedar Rapids 52401

The dot is this home. The mark in the middle is the typical home in Cedar Rapids 52401.

Living area20,565 ft²
SmallerTypical 971 ft²Bigger

Bigger than almost all homes nearby

Lot size0.24 ac
SmallerTypical 0.13 acBigger

Bigger than 87% of homes nearby

Year built1926
OlderTypical 1946Newer

Newer than 49% of homes nearby

How 226 2nd St Se ranks against every home in each area.
MeasureThis homeDowntownCedar Rapids 52401Linn County
Living areabigger than20,565 ft²almost all homesalmost all homesalmost all homes
Lot sizebigger than0.24 ac60% of homes87% of homes53% of homes
Year builtnewer than192620% of homes49% of homes16% of homes

About 226 2nd St Se

When did 226 2nd St Se, Cedar Rapids, IA last sell?

226 2nd St Se, Cedar Rapids, IA last sold on Nov 5, 2021 for $8,400,000, according to the county's recorded deed.

How big is 226 2nd St Se, Cedar Rapids, IA?

226 2nd St Se, Cedar Rapids, IA has 20,565 square feet of living space and a 0.24-acre lot.

When was 226 2nd St Se, Cedar Rapids, IA built?

226 2nd St Se, Cedar Rapids, IA was built in 1926, making it 100 years old. The building has 11 stories.

What schools serve 226 2nd St Se, Cedar Rapids, IA?

226 2nd St Se, Cedar Rapids, IA is assigned to McKinley STEAM Academy (middle), rated C-; Johnson STEAM Academy (elementary), rated F; Washington High School (high), rated D+. All sit in Cedar Rapids Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 226 2nd St Se, Cedar Rapids, IA compare to other homes in Cedar Rapids 52401?

Among the 848 homes in Cedar Rapids 52401, it is bigger than almost all of them (20,565 ft² against a typical 971 ft²), its lot is bigger than 87% of them (0.24 ac against a typical 0.13 ac) and it is newer than 49% of them (1926 against a typical 1946). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 226 2nd St Se, Cedar Rapids, IA?

The 2024 property tax bill for 226 2nd St Se, Cedar Rapids, IA was $127,318. The county assessed it at $4,860,400.

Closest homes

More homes in Cedar Rapids 52401

Assigned schools

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