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4485 Armar Dr

Cedar Rapids, IA 52403

2 bd 2 ba 1,126 sqft Built 1986 condos
Most recent sale
$127,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2024 Sold $132,000 Public Record
Feb 16, 2024 Sold $132,000 CedarRapids
Dec 19, 2023 Listed $139,900 CedarRapids
Jul 26, 2022 Sold $127,000 Public Record
Jul 18, 2022 Sold $127,000 CedarRapids
Jun 3, 2022 Listed $127,000 MLS #2204931
Jul 20, 2021 Sold $115,000 Public Record
Jun 14, 2021 Listed $115,000 MLS #2103990
Jul 22, 2019 Sold $97,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $109,300 $19,500 $128,800 $2,332
2023 $108,900 $17,000 $125,900 $2,464
2022 $99,400 $17,000 $116,400 $2,200
2021 $85,800 $12,000 $97,800 $2,280
2020 $84,800 $12,000 $96,800 $1,758
2019 $76,800 $12,000 $88,800 $1,788
2018 $76,800 $12,000 $88,800 $1,644
2017 $77,800 $7,000 $84,800 $1,698
2016 $77,700 $7,000 $84,700 $1,674
2015 $77,700 $7,000 $84,700 $1,776
2014 $82,040 $7,000 $89,040 $1,720
2012 $84,936 $7,000 $91,936 $1,684
2011 $84,936 $7,000 $91,936 $1,630
2010 $84,936 $7,000 $91,936 $1,572
2009 $82,438 $7,000 $89,438 $1,438
2004 $82,438 $7,000 $89,438 $1,356

Property facts

Year built
1986
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,126 sqft
Lot size
ZIP code
52403
City
Cedar Rapids
Street
Armar Dr
Coordinates
42.02212, -91.61597

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$762
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4485 Armar Dr last sell?
4485 Armar Dr most recently sold on Jul 26, 2022 for $127,000.
What is the current tax assessment for 4485 Armar Dr?
The most recent total assessment for 4485 Armar Dr (year 2025) is $128,800 with $2,332 in property tax.
How does 4485 Armar Dr's assessment compare to its last sale price?
The current assessment is 1.4% above the last sale price of $127,000.
When was 4485 Armar Dr built?
4485 Armar Dr was built in 1986.
How does 4485 Armar Dr compare to others on Armar Dr?
We track 8 other properties on Armar Dr. Browse the list under "Other properties on Armar Dr" to compare beds, baths, and sale history.
What are the property facts for 4485 Armar Dr?
4485 Armar Dr is a 2 bed, 2 bath, 1,126 sqft condos.
Is 4485 Armar Dr a flip candidate?
No — 4485 Armar Dr does not appear in our flips dataset.
Is 4485 Armar Dr a tax-appeal candidate?
No — 4485 Armar Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast

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