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CondominiumResidential
$792,653$352 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 79How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $686,500 on Aug 29, 2017

450 1ST ST SW APT 501

CEDAR RAPIDS, IA 52404
Building report
2
Beds
3
Baths
2,250 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.
2016
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$793K
$626K low$960K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$686,500 · Aug 29, 2017
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$282,253
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$225,802
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.63%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$510,400
AVAILABLE NOT · recorded Nov 30, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,288 (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.$611,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$70,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$541,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$494,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$611,500

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.26 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.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyLinn
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 472 ft²Patio · 472 ft²

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 SchoolC-
Elementary · Grades PK–5 · 0.4 mi
M
Wilson Middle SchoolD
Middle · Grades 6–8 · 1.2 mi
H
Jefferson High SchoolF
High · Grades 9–12 · 1.5 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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

450 1st St Sw Apt 501 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 most valuable homes in Cedar Rapids 52404
  • Among the highest price per square foot in Cedar Rapids 52404
  • Bigger than 94% of homes in Cedar Rapids 52404
  • Among the newest homes in Downtown

What homes are worth in Cedar Rapids 52404

Each bar is how many homes fall in that price range. The marker is this home.

This home
$78K$498K

This home is worth more than almost all homes in Cedar Rapids 52404.

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.

Estimated value$792,653
CheaperTypical $208,476Pricier

Pricier than almost all homes nearby

Price per ft²$352
CheaperTypical $178Pricier

Pricier than almost all homes nearby

Living area2,250 ft²
SmallerTypical 1,224 ft²Bigger

Bigger than 94% of homes nearby

Year built2016
OlderTypical 1973Newer

Newer than 94% of homes nearby

How 450 1st St Sw Apt 501 ranks against every home in each area.
MeasureThis homeDowntownCedar Rapids 52404Linn County
Estimated valuepricier than$792,653almost all homesalmost all homes98% of homes
Price per ft²pricier than$35293% of homesalmost all homes98% of homes
Living areabigger than2,250 ft²92% of homes94% of homes89% of homes
Year builtnewer than2016almost all homes94% of homes94% of homes

About 450 1st St Sw Apt 501

How much is 450 1st St Sw Apt 501, Cedar Rapids, IA worth?

The TopHap Estimate for 450 1st St Sw Apt 501, Cedar Rapids, IA is $792,653 as of Jul 14, 2026. The likely range is $625,621 to $959,685. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 450 1st St Sw Apt 501, Cedar Rapids, IA last sell?

450 1st St Sw Apt 501, Cedar Rapids, IA last sold on Aug 29, 2017 for $686,500, according to the county's recorded deed.

How big is 450 1st St Sw Apt 501, Cedar Rapids, IA?

450 1st St Sw Apt 501, Cedar Rapids, IA has 2 bedrooms, 3 bathrooms and 2,250 square feet of living space.

When was 450 1st St Sw Apt 501, Cedar Rapids, IA built?

450 1st St Sw Apt 501, Cedar Rapids, IA was built in 2016, making it 10 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 450 1st St Sw Apt 501, Cedar Rapids, IA?

450 1st St Sw Apt 501, Cedar Rapids, IA is assigned to Cedar River Academy at Taylor Elementary School (elementary), rated C-; Wilson Middle School (middle), rated D; Jefferson High School (high), rated F. All sit in Cedar Rapids Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 450 1st St Sw Apt 501, Cedar Rapids, IA compare to other homes in Cedar Rapids 52404?

Among the 14,702 homes in Cedar Rapids 52404, it is worth more than almost all of them ($792,653 against a typical $208,476), its price per square foot is higher than almost all of them ($352 against a typical $178), it is bigger than 94% of them (2,250 ft² against a typical 1,224 ft²) and it is newer than 94% of them (2016 against a typical 1973). Measured against all of Linn County, it is worth more than 98% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 450 1st St Sw Apt 501, Cedar Rapids, IA?

The 2024 property tax bill for 450 1st St Sw Apt 501, Cedar Rapids, IA was $2,288. The county assessed it at $611,500.

Closest homes

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Assigned schools

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