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224 Drexel Dr

Cedar Rapids, IA 52404

4 bd 3 ba 1,750 sqft Built 1965 Lot 6,970 sqft single_family
Most recent sale
$190,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $190,000 Public Record
Jul 11, 2022 Listed $195,000 MLS #2205951
Dec 4, 2009 Sold $129,500 Public Record
Oct 12, 2009 Listed $132,500 MLS #2907411

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $170,400 $37,200 $207,600 $3,456
2023 $144,600 $32,500 $177,100 $3,164
2022 $122,100 $27,900 $150,000 $2,786
2021 $106,600 $27,900 $134,500 $2,782
2020 $101,300 $24,800 $126,100 $2,710
2019 $101,300 $24,800 $126,100 $2,606
2018 $96,100 $24,800 $120,900 $2,534
2017 $96,100 $24,800 $120,900 $2,522
2016 $91,000 $24,800 $115,800 $2,424
2015 $89,200 $24,800 $114,000 $2,500
2014 $92,682 $24,773 $117,455 $2,446
2012 $92,682 $24,773 $117,455 $2,374
2011 $89,956 $30,966 $120,922 $2,322
2010 $89,956 $30,966 $120,922 $2,102
2009 $88,855 $30,966 $119,821 $2,004
2004 $80,778 $30,966 $111,744 $1,700

Property facts

Year built
1965
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,750 sqft
Lot size
6,970 sqft
ZIP code
52404
City
Cedar Rapids
Street
Drexel Dr
Coordinates
41.96757, -91.74612

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
$1,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 224 Drexel Dr last sell?
224 Drexel Dr most recently sold on Aug 15, 2022 for $190,000.
What is the current tax assessment for 224 Drexel Dr?
The most recent total assessment for 224 Drexel Dr (year 2025) is $207,600 with $3,456 in property tax.
How does 224 Drexel Dr's assessment compare to its last sale price?
The current assessment is 9.3% above the last sale price of $190,000.
When was 224 Drexel Dr built?
224 Drexel Dr was built in 1965.
How does 224 Drexel Dr compare to others on Drexel Dr?
We track 8 other properties on Drexel Dr. Browse the list under "Other properties on Drexel Dr" to compare beds, baths, and sale history.
What are the property facts for 224 Drexel Dr?
224 Drexel Dr is a 4 bed, 3 bath, 1,750 sqft, 6,970 sqft lot single_family.
Is 224 Drexel Dr a flip candidate?
No — 224 Drexel Dr does not appear in our flips dataset.
Is 224 Drexel Dr a tax-appeal candidate?
No — 224 Drexel 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
+7.1%
Implied 1-yr
+28.5%
2026 Q3
$624.7K
2026 Q4
$655.1K
ZIP 52404 — Median Price History + Forecast

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