4521 Armar Dr
Cedar Rapids, IA 52403
2 bd 2 ba 1,126 sqft Built 1984 Lot 32,112 sqft multi_family
Most recent sale
$120,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $120,000 | Public Record |
| Aug 19, 2022 | Sold | $120,000 | MLS #202203730 |
| Aug 9, 2022 | Sold | $120,000 | CedarRapids |
| Jul 15, 2022 | Price changed | $120,000 | MLS #202203730 |
| Jun 24, 2022 | Listed | $125,000 | MLS #202203730 |
| Sep 10, 2020 | Sold | $92,500 | Public Record |
| Aug 28, 2020 | Sold | $92,500 | NorthEastIARegional |
| Jul 7, 2020 | Relisted | $94,500 | MLS #20202282 |
| Jul 2, 2020 | Price changed | $94,500 | MLS #20202282 |
| Jun 11, 2020 | Price changed | $95,900 | MLS #20202282 |
| May 14, 2020 | Listed | $99,500 | MLS #20202282 |
| Apr 30, 2020 | Relisted | $88,000 | MLS #1703057 |
| Jun 1, 2017 | Sold | $86,000 | Public Record |
| May 17, 2017 | Listing removed | $88,000 | CedarRapids |
| Mar 21, 2017 | Listed | $88,000 | MLS #1703057 |
| Feb 2, 2015 | Sold | $69,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $101,800 | $19,500 | $121,300 | $2,418 |
| 2023 | $102,900 | $17,000 | $119,900 | $2,408 |
| 2022 | $88,100 | $17,000 | $105,100 | $1,982 |
| 2021 | $76,100 | $12,000 | $88,100 | $1,854 |
| 2020 | $75,300 | $12,000 | $87,300 | $1,560 |
| 2019 | $64,800 | $12,000 | $76,800 | $1,584 |
| 2018 | $64,800 | $12,000 | $76,800 | $1,530 |
| 2017 | $69,500 | $7,000 | $76,500 | $1,800 |
| 2016 | $70,300 | $7,000 | $77,300 | $1,780 |
| 2015 | $70,300 | $7,000 | $77,300 | $1,634 |
| 2012 | $75,178 | $7,000 | $82,178 | $714 |
| 2011 | $75,178 | $7,000 | $82,178 | $658 |
| 2010 | $75,178 | $7,000 | $82,178 | $578 |
| 2009 | $73,279 | $7,000 | $80,279 | $464 |
| 2008 | $73,279 | $7,000 | $80,279 | $380 |
| 2004 | $73,279 | $7,000 | $80,279 | $392 |
Property facts
Year built
1984
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
1,126 sqft
Lot size
32,112 sqft
ZIP code
52403
City
Cedar Rapids
Street
Armar Dr
Coordinates
42.02338, -91.61607
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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4521 Armar Dr last sell?
4521 Armar Dr most recently sold on Aug 26, 2022 for $120,000.
What is the current tax assessment for 4521 Armar Dr?
The most recent total assessment for 4521 Armar Dr (year 2025) is $121,300 with $2,418 in property tax.
How does 4521 Armar Dr's assessment compare to its last sale price?
The current assessment is 1.1% above the last sale price of $120,000.
When was 4521 Armar Dr built?
4521 Armar Dr was built in 1984.
How does 4521 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 4521 Armar Dr?
4521 Armar Dr is a 2 bed, 2 bath, 1,126 sqft, 32,112 sqft lot multi_family.
Is 4521 Armar Dr a flip candidate?
Yes — 4521 Armar Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4521 Armar Dr a tax-appeal candidate?
No — 4521 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
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