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6503 Medford Ln

Cedar Rapids, IA 52402

3 bd 2 ba 1,459 sqft Built 1969 Lot 7,950 sqft single_family
Most recent sale
$172,500
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $172,500 Public Record
Oct 7, 2022 Sold $172,500 CedarRapids
Aug 10, 2022 Price changed $179,950 MLS #2207465
Jul 29, 2022 Listed $184,950 MLS #2207465

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $146,200 $42,100 $188,300 $3,018
2023 $131,900 $35,600 $167,500 $3,206
2022 $119,600 $32,400 $152,000 $3,034
2021 $114,100 $32,400 $146,500 $2,936
2020 $107,200 $25,900 $133,100 $2,860
2019 $107,200 $25,900 $133,100 $2,708
2018 $98,400 $25,900 $124,300 $2,635
2017 $98,400 $25,900 $124,300 $2,681
2016 $95,800 $25,900 $121,700 $2,494
2015 $91,400 $25,900 $117,300 $2,528
2014 $92,867 $25,920 $118,787 $2,474
2012 $90,238 $32,400 $122,638 $2,478
2011 $90,238 $32,400 $122,638 $2,356
2010 $90,238 $32,400 $122,638 $2,248
2009 $82,623 $32,400 $115,023 $2,036
2004 $75,801 $32,400 $108,201 $1,650

Property facts

Year built
1969
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,459 sqft
Lot size
7,950 sqft
ZIP code
52402
City
Cedar Rapids
Street
Medford Ln
Coordinates
42.04303, -91.66151

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
$1,035
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 6503 Medford Ln last sell?
6503 Medford Ln most recently sold on Oct 13, 2022 for $172,500.
What is the current tax assessment for 6503 Medford Ln?
The most recent total assessment for 6503 Medford Ln (year 2025) is $188,300 with $3,018 in property tax.
How does 6503 Medford Ln's assessment compare to its last sale price?
The current assessment is 9.2% above the last sale price of $172,500.
When was 6503 Medford Ln built?
6503 Medford Ln was built in 1969.
How does 6503 Medford Ln compare to others on Medford Ln?
We track 8 other properties on Medford Ln. Browse the list under "Other properties on Medford Ln" to compare beds, baths, and sale history.
What are the property facts for 6503 Medford Ln?
6503 Medford Ln is a 3 bed, 2 bath, 1,459 sqft, 7,950 sqft lot single_family.
Is 6503 Medford Ln a flip candidate?
No — 6503 Medford Ln does not appear in our flips dataset.
Is 6503 Medford Ln a tax-appeal candidate?
No — 6503 Medford 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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