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249 Drexel Dr

Cedar Rapids, IA 52404

3 bd 2 ba 1,198 sqft Built 1970 Lot 6,098 sqft single_family
Most recent sale
$177,500
Aug 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 10, 2022 Sold $177,500 MLS #202203981
Jul 7, 2022 Listed $177,500 MLS #202203981
Sep 8, 2015 Sold $123,000 Public Record
Jul 2, 2015 Listed $123,000 MLS #1505224
Apr 23, 2015 Listed $123,000 MLS #1503161
Jan 20, 2014 Sold $88,500 Public Record
Sep 16, 2013 Listed $88,200 MLS #1306442
Jan 3, 2013 Price changed $84,950 MLS #1200459
Aug 18, 2012 Price changed $89,000 MLS #1200459
Aug 1, 2012 Price changed $96,000 MLS #1200459
Feb 10, 2012 Price changed $94,900 MLS #1200459
Jan 19, 2012 Listed $99,900 MLS #1200459

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $150,400 $31,200 $181,600 $2,840
2023 $129,700 $27,300 $157,000 $3,048
2022 $121,100 $23,400 $144,500 $2,730
2021 $108,400 $23,400 $131,800 $2,732
2020 $103,000 $20,800 $123,800 $2,660
2019 $103,000 $20,800 $123,800 $2,554
2018 $97,700 $20,800 $118,500 $2,484
2017 $97,700 $20,800 $118,500 $2,498
2016 $93,900 $20,800 $114,700 $2,278
2015 $86,400 $20,800 $107,200 $2,286
2014 $86,607 $20,800 $107,407 $2,236
2012 $86,607 $20,800 $107,407 $2,170
2011 $84,060 $26,000 $110,060 $2,114
2010 $84,060 $26,000 $110,060 $2,018
2009 $81,760 $26,000 $107,760 $1,906
2004 $74,328 $26,000 $100,328 $1,652

Property facts

Year built
1970
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,198 sqft
Lot size
6,098 sqft
ZIP code
52404
City
Cedar Rapids
Street
Drexel Dr
Coordinates
41.96713, -91.74549

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,797
Gross rental yield
12.15%
Implied cap rate
7.90%
Trend-extrapolated value

Frequently asked questions

When did 249 Drexel Dr last sell?
249 Drexel Dr most recently sold on Aug 10, 2022 for $177,500.
What is the current tax assessment for 249 Drexel Dr?
The most recent total assessment for 249 Drexel Dr (year 2025) is $181,600 with $2,840 in property tax.
How does 249 Drexel Dr's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $177,500.
When was 249 Drexel Dr built?
249 Drexel Dr was built in 1970.
How does 249 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 249 Drexel Dr?
249 Drexel Dr is a 3 bed, 2 bath, 1,198 sqft, 6,098 sqft lot single_family.
Is 249 Drexel Dr a flip candidate?
No — 249 Drexel Dr does not appear in our flips dataset.
Is 249 Drexel Dr a tax-appeal candidate?
No — 249 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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