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2122 Cherry Ln

Cedar Rapids, IA 52402

2 bd 2 ba 1,395 sqft Built 1994 townhomes
Most recent sale
$167,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $167,000 Public Record
Aug 3, 2022 Sold $167,000 CedarRapids
Jun 2, 2022 Listed $170,000 MLS #2204858

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $143,300 $25,000 $168,300 $2,838
2023 $141,900 $25,000 $166,900 $2,918
2022 $125,200 $22,000 $147,200 $2,878
2021 $125,900 $22,000 $147,900 $2,964
2020 $120,900 $22,000 $142,900 $2,880
2019 $120,900 $22,000 $142,900 $3,050
2018 $119,500 $22,000 $141,500 $2,602
2017 $111,100 $13,000 $124,100 $2,676
2016 $109,900 $13,000 $122,900 $2,612
2015 $109,900 $13,000 $122,900 $2,446
2012 $107,596 $12,404 $120,000 $2,426
2011 $107,596 $12,404 $120,000 $2,304
2010 $107,000 $13,000 $120,000 $2,200
2009 $104,627 $13,000 $117,627 $2,082
2004 $104,627 $13,000 $117,627 $2,056

Property facts

Year built
1994
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,395 sqft
Lot size
ZIP code
52402
City
Cedar Rapids
Street
Cherry Ln
Coordinates
42.02277, -91.67094

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
$1,002
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2122 Cherry Ln last sell?
2122 Cherry Ln most recently sold on Aug 4, 2022 for $167,000.
What is the current tax assessment for 2122 Cherry Ln?
The most recent total assessment for 2122 Cherry Ln (year 2025) is $168,300 with $2,838 in property tax.
How does 2122 Cherry Ln's assessment compare to its last sale price?
The current assessment is 0.8% above the last sale price of $167,000.
When was 2122 Cherry Ln built?
2122 Cherry Ln was built in 1994.
How does 2122 Cherry Ln compare to others on Cherry Ln?
We track 8 other properties on Cherry Ln. Browse the list under "Other properties on Cherry Ln" to compare beds, baths, and sale history.
What are the property facts for 2122 Cherry Ln?
2122 Cherry Ln is a 2 bed, 2 bath, 1,395 sqft townhomes.
Is 2122 Cherry Ln a flip candidate?
No — 2122 Cherry Ln does not appear in our flips dataset.
Is 2122 Cherry Ln a tax-appeal candidate?
No — 2122 Cherry Ln 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast

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