4505 Armar Dr
Cedar Rapids, IA 52403
2 bd 2 ba 1,135 sqft Built 1980 condos
Most recent sale
$135,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 6, 2026 | Sold | $118,790 | CedarRapids |
| Dec 5, 2025 | Listed | $125,000 | CedarRapids |
| May 2, 2022 | Sold | $135,000 | Public Record |
| Apr 29, 2022 | Sold | $135,000 | CedarRapids |
| Apr 28, 2022 | Sold | $135,000 | MLS #202201328 |
| Mar 9, 2022 | Listed | $135,500 | MLS #2201290 |
| Apr 1, 2019 | Sold | $89,000 | MLS #20186077 |
| Oct 24, 2018 | Listed | $93,000 | MLS #1807470 |
| Sep 3, 2009 | Sold | $62,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $112,900 | $19,500 | $132,400 | $2,158 |
| 2023 | $113,900 | $17,000 | $130,900 | $2,144 |
| 2022 | $85,400 | $17,000 | $102,400 | $1,728 |
| 2021 | $73,800 | $12,000 | $85,800 | $1,800 |
| 2020 | $73,000 | $12,000 | $85,000 | $1,516 |
| 2019 | $62,900 | $12,000 | $74,900 | $1,540 |
| 2018 | $62,900 | $12,000 | $74,900 | $656 |
| 2017 | $67,400 | $6,000 | $73,400 | $728 |
| 2016 | $68,200 | $6,000 | $74,200 | $708 |
| 2015 | $68,200 | $6,000 | $74,200 | $1,544 |
| 2014 | $69,731 | $6,000 | $75,731 | $1,498 |
| 2012 | $72,193 | $6,000 | $78,193 | $1,466 |
| 2011 | $72,193 | $6,000 | $78,193 | $1,426 |
| 2010 | $72,193 | $6,000 | $78,193 | $1,382 |
| 2009 | $69,663 | $6,000 | $75,663 | $1,380 |
| 2004 | $69,663 | $6,000 | $75,663 | $1,206 |
Property facts
Year built
1980
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,135 sqft
Lot size
—
ZIP code
52403
City
Cedar Rapids
Street
Armar Dr
Coordinates
42.02274, -91.61604
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4505 Armar Dr last sell?
4505 Armar Dr most recently sold on May 2, 2022 for $135,000.
What is the current tax assessment for 4505 Armar Dr?
The most recent total assessment for 4505 Armar Dr (year 2025) is $132,400 with $2,158 in property tax.
How does 4505 Armar Dr's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $135,000.
When was 4505 Armar Dr built?
4505 Armar Dr was built in 1980.
How does 4505 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 4505 Armar Dr?
4505 Armar Dr is a 2 bed, 2 bath, 1,135 sqft condos.
Is 4505 Armar Dr a flip candidate?
No — 4505 Armar Dr does not appear in our flips dataset.
Is 4505 Armar Dr a tax-appeal candidate?
No — 4505 Armar Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Armar Dr