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Apartments (Generic)Residential
Last sold for $6,900,000 on Dec 17, 2025

245 2ND ST SW

CEDAR RAPIDS, IA 52404
0
Baths
10,586 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.
0.32 ac
Lot SizeThe size of the land the home sits on, from county records.
2019
Year BuiltThe year the home was originally built, according to county records.
5
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.$6,900,000 · Dec 17, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$19,282 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$7,376,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$55,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$7,320,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$7,308,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$7,376,100

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyLINN
Lot (acres)The size of the land the home sits on, from county records.0.32
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.

E
Cedar River Academy at Taylor Elementary SchoolF
Elementary · Grades PK–5 · 0.4 mi
M
Wilson Middle SchoolF
Middle · Grades 6–8 · 1.4 mi
H
Jefferson High SchoolD-
High · Grades 9–12 · 1.4 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52404These 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.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
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.45,212
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.818 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,156
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77,930
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

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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

245 2nd St Sw 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 Cedar Rapids 52404
  • Has a smaller lot than 84% of homes in Downtown
  • Among the newest homes in Downtown

How it measures up in Cedar Rapids 52404

The dot is this home. The mark in the middle is the typical home in Cedar Rapids 52404.

Living area10,586 ft²
SmallerTypical 1,430 ft²Bigger

Bigger than almost all homes nearby

Lot size0.32 ac
SmallerTypical 0.22 acBigger

Bigger than 68% of homes nearby

Year built2019
OlderTypical 1975Newer

Newer than 95% of homes nearby

How 245 2nd St Sw ranks against every home in each area.
MeasureThis homeDowntownCedar Rapids 52404Linn County
Living areabigger than10,586 ft²98% of homesalmost all homesalmost all homes
Lot sizebigger than0.32 ac16% of homes68% of homes63% of homes
Year builtnewer than2019almost all homes95% of homes96% of homes

About 245 2nd St Sw

When did 245 2nd St Sw, Cedar Rapids, IA last sell?

245 2nd St Sw, Cedar Rapids, IA last sold on Dec 17, 2025 for $6,900,000, according to the county's recorded deed.

How big is 245 2nd St Sw, Cedar Rapids, IA?

245 2nd St Sw, Cedar Rapids, IA has 10,586 square feet of living space and a 0.32-acre lot.

When was 245 2nd St Sw, Cedar Rapids, IA built?

245 2nd St Sw, Cedar Rapids, IA was built in 2019, making it 7 years old. The building has 5 stories.

What schools serve 245 2nd St Sw, Cedar Rapids, IA?

245 2nd St Sw, Cedar Rapids, IA is assigned to Cedar River Academy at Taylor Elementary School (elementary), rated F; Wilson Middle School (middle), rated F; Jefferson 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 245 2nd St Sw, Cedar Rapids, IA compare to other homes in Cedar Rapids 52404?

Among the 14,925 homes in Cedar Rapids 52404, it is bigger than almost all of them (10,586 ft² against a typical 1,430 ft²), its lot is bigger than 68% of them (0.32 ac against a typical 0.22 ac) and it is newer than 95% of them (2019 against a typical 1975). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 245 2nd St Sw, Cedar Rapids, IA?

The 2025 property tax bill for 245 2nd St Sw, Cedar Rapids, IA was $19,282. The county assessed it at $7,376,100.

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