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391 Memorial Dr

Cedar Rapids, IA 52403

3 bd 1 ba 1,300 sqft Built 1937 Lot 9,583 sqft single_family
Most recent sale
$175,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $175,000 Public Record
Aug 15, 2022 Sold $175,000 CedarRapids
Jun 21, 2022 Price changed $180,000 MLS #2205239
Jun 15, 2022 Listed $190,000 MLS #2205239
Jun 28, 2016 Sold $127,000 Public Record
Jun 7, 2016 Listing removed $133,000 CedarRapids
May 18, 2016 Price changed $133,000 MLS #1604460
Apr 13, 2016 Listed $135,000 MLS #1604460
Mar 15, 2013 Sold $123,500 Public Record
Feb 13, 2013 Listing removed $125,000 CedarRapids
Oct 31, 2012 Listed $125,000 MLS #1207748
May 30, 2007 Sold $127,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $154,200 $44,300 $198,500 $3,268
2023 $138,900 $39,100 $178,000 $3,272
2022 $121,200 $33,900 $155,100 $3,120
2021 $116,700 $33,900 $150,600 $2,992
2020 $109,600 $26,000 $135,600 $2,914
2019 $109,600 $26,000 $135,600 $2,744
2018 $101,300 $26,000 $127,300 $2,668
2017 $101,300 $26,000 $127,300 $2,702
2016 $98,100 $26,000 $124,100 $2,576
2015 $95,200 $26,000 $121,200 $2,502
2014 $91,539 $26,048 $117,587 $2,448
2012 $87,803 $26,048 $113,851 $2,116
2011 $90,605 $26,048 $116,653 $2,098
2010 $90,605 $26,048 $116,653 $2,024
2009 $84,040 $26,048 $110,088 $1,830
2004 $77,101 $26,048 $103,149 $1,544

Property facts

Year built
1937
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,300 sqft
Lot size
9,583 sqft
ZIP code
52403
City
Cedar Rapids
Street
Memorial Dr
Coordinates
41.98367, -91.62877

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
$1,950
Gross rental yield
13.37%
Implied cap rate
8.69%
Trend-extrapolated value

Frequently asked questions

When did 391 Memorial Dr last sell?
391 Memorial Dr most recently sold on Aug 22, 2022 for $175,000.
What is the current tax assessment for 391 Memorial Dr?
The most recent total assessment for 391 Memorial Dr (year 2025) is $198,500 with $3,268 in property tax.
How does 391 Memorial Dr's assessment compare to its last sale price?
The current assessment is 13.4% above the last sale price of $175,000.
When was 391 Memorial Dr built?
391 Memorial Dr was built in 1937.
How does 391 Memorial Dr compare to others on Memorial Dr?
We track 8 other properties on Memorial Dr. Browse the list under "Other properties on Memorial Dr" to compare beds, baths, and sale history.
What are the property facts for 391 Memorial Dr?
391 Memorial Dr is a 3 bed, 1 bath, 1,300 sqft, 9,583 sqft lot single_family.
Is 391 Memorial Dr a flip candidate?
No — 391 Memorial Dr does not appear in our flips dataset.
Is 391 Memorial Dr a tax-appeal candidate?
No — 391 Memorial 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
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast

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