403 Hobbit Dr
Cedar Rapids, IA 52403
4 bd 4 ba 3,340 sqft Built 1987 Lot 38,507 sqft single_family
Most recent sale
$435,000
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 15, 2022 | Sold | $435,000 | Public Record |
| Jun 9, 2022 | Sold | $435,000 | CedarRapids |
| Apr 27, 2022 | Listed | $399,000 | MLS #2203764 |
| May 17, 2005 | Sold | $298,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $309,000 | $83,000 | $392,000 | $6,916 |
| 2023 | $309,100 | $83,000 | $392,100 | $6,966 |
| 2022 | $254,800 | $75,500 | $330,300 | $6,082 |
| 2021 | $227,100 | $75,500 | $302,600 | $6,706 |
| 2020 | $237,000 | $75,500 | $312,500 | $7,070 |
| 2019 | $262,400 | $75,500 | $337,900 | $6,976 |
| 2018 | $256,700 | $75,500 | $332,200 | $6,546 |
| 2017 | $245,500 | $75,500 | $321,000 | $6,336 |
| 2016 | $224,000 | $75,500 | $299,500 | $5,970 |
| 2015 | $214,100 | $75,500 | $289,600 | $6,216 |
| 2014 | $225,369 | $75,457 | $300,826 | $6,074 |
| 2012 | $225,178 | $75,457 | $300,635 | $5,890 |
| 2011 | $225,178 | $75,457 | $300,635 | $5,630 |
| 2010 | $225,178 | $75,457 | $300,635 | $5,398 |
| 2009 | $232,287 | $75,457 | $307,744 | $5,328 |
| 2004 | $234,634 | $75,457 | $310,091 | $4,988 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,340 sqft
Lot size
38,507 sqft
ZIP code
52403
City
Cedar Rapids
Street
Hobbit Dr
Coordinates
41.98327, -91.60643
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,010
Gross rental yield
13.82%
Implied cap rate
8.98%
Trend-extrapolated value
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Frequently asked questions
When did 403 Hobbit Dr last sell?
403 Hobbit Dr most recently sold on Jun 15, 2022 for $435,000.
What is the current tax assessment for 403 Hobbit Dr?
The most recent total assessment for 403 Hobbit Dr (year 2025) is $392,000 with $6,916 in property tax.
How does 403 Hobbit Dr's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $435,000.
When was 403 Hobbit Dr built?
403 Hobbit Dr was built in 1987.
How does 403 Hobbit Dr compare to others on Hobbit Dr?
We track 1 other property on Hobbit Dr. Browse the list under "Other properties on Hobbit Dr" to compare beds, baths, and sale history.
What are the property facts for 403 Hobbit Dr?
403 Hobbit Dr is a 4 bed, 4 bath, 3,340 sqft, 38,507 sqft lot single_family.
Is 403 Hobbit Dr a flip candidate?
No — 403 Hobbit Dr does not appear in our flips dataset.
Is 403 Hobbit Dr a tax-appeal candidate?
No — 403 Hobbit 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 Hobbit Dr