1232 Honey Creek Way
Cedar Rapids, IA 52402
2 bd 2 ba 1,569 sqft Built 2014 condos
Most recent sale
$228,000
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 17, 2022 | Sold | $228,000 | Public Record |
| Oct 14, 2022 | Sold | $228,000 | CedarRapids |
| Jul 26, 2022 | Price changed | $230,000 | MLS #2205999 |
| Jul 12, 2022 | Listed | $235,000 | MLS #2205999 |
| Nov 26, 2014 | Sold | $165,000 | Public Record |
| Sep 6, 2014 | Listing removed | $153,900 | CedarRapids |
| Mar 19, 2014 | Listed | $153,900 | MLS #1401696 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $209,900 | $35,500 | $245,400 | $4,474 |
| 2023 | $196,500 | $35,500 | $232,000 | $4,174 |
| 2022 | $161,500 | $30,000 | $191,500 | $3,888 |
| 2021 | $154,600 | $30,000 | $184,600 | $4,030 |
| 2020 | $154,200 | $26,000 | $180,200 | $3,808 |
| 2019 | $148,800 | $26,000 | $174,800 | $3,658 |
| 2018 | $140,000 | $26,000 | $166,000 | $3,578 |
| 2017 | $157,600 | $12,000 | $169,600 | $3,448 |
| 2016 | $147,000 | $12,000 | $159,000 | $3,362 |
Property facts
Year built
2014
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,569 sqft
Lot size
—
ZIP code
52402
City
Cedar Rapids
Street
Honey Creek Way
Coordinates
42.05321, -91.65099
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
$2,354
Gross rental yield
12.39%
Implied cap rate
8.05%
Trend-extrapolated value
—
Frequently asked questions
When did 1232 Honey Creek Way last sell?
1232 Honey Creek Way most recently sold on Oct 17, 2022 for $228,000.
What is the current tax assessment for 1232 Honey Creek Way?
The most recent total assessment for 1232 Honey Creek Way (year 2025) is $245,400 with $4,474 in property tax.
How does 1232 Honey Creek Way's assessment compare to its last sale price?
The current assessment is 7.6% above the last sale price of $228,000.
When was 1232 Honey Creek Way built?
1232 Honey Creek Way was built in 2014.
How does 1232 Honey Creek Way compare to others on Honey Creek Way?
We track 8 other properties on Honey Creek Way. Browse the list under "Other properties on Honey Creek Way" to compare beds, baths, and sale history.
What are the property facts for 1232 Honey Creek Way?
1232 Honey Creek Way is a 2 bed, 2 bath, 1,569 sqft condos.
Is 1232 Honey Creek Way a flip candidate?
No — 1232 Honey Creek Way does not appear in our flips dataset.
Is 1232 Honey Creek Way a tax-appeal candidate?
No — 1232 Honey Creek Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Honey Creek Way