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5701 Michael Dr

Cedar Rapids, IA 52411

4 bd 3 ba 2,922 sqft Built 1987 Lot 48,787 sqft single_family
Most recent sale
$426,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $426,000 MLS #202201873
Apr 1, 2022 Listed $406,000 MLS #202201873
Nov 16, 2012 Sold $254,500 Public Record
Oct 13, 2012 Listing removed $259,900 CedarRapids
Sep 26, 2012 Listed $259,900 MLS #1207040

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $326,000 $75,900 $401,900 $7,220
2023 $300,700 $75,900 $376,600 $5,986
2022 $232,000 $60,700 $292,700 $5,892
2021 $232,700 $60,700 $293,400 $5,508
2020 $207,600 $50,600 $258,200 $5,358
2019 $207,600 $50,600 $258,200 $5,296
2018 $203,600 $50,600 $254,200 $5,146
2017 $203,600 $50,600 $254,200 $5,362
2016 $204,100 $50,600 $254,700 $5,036
2015 $195,000 $50,600 $245,600 $5,132
2014 $199,263 $50,600 $249,863 $5,018
2012 $199,263 $50,600 $249,863 $4,094
2011 $161,089 $50,600 $211,689 $3,922
2010 $161,089 $50,600 $211,689 $3,766
2009 $173,654 $50,600 $224,254 $3,850
2004 $173,654 $50,600 $224,254 $3,744

Property facts

Year built
1987
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,922 sqft
Lot size
48,787 sqft
ZIP code
52411
City
Cedar Rapids
Street
Michael Dr
Coordinates
42.04664, -91.71774

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,383
Gross rental yield
12.35%
Implied cap rate
8.03%
Trend-extrapolated value

Frequently asked questions

When did 5701 Michael Dr last sell?
5701 Michael Dr most recently sold on May 9, 2022 for $426,000.
What is the current tax assessment for 5701 Michael Dr?
The most recent total assessment for 5701 Michael Dr (year 2025) is $401,900 with $7,220 in property tax.
How does 5701 Michael Dr's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $426,000.
When was 5701 Michael Dr built?
5701 Michael Dr was built in 1987.
How does 5701 Michael Dr compare to others on Michael Dr?
We track 8 other properties on Michael Dr. Browse the list under "Other properties on Michael Dr" to compare beds, baths, and sale history.
What are the property facts for 5701 Michael Dr?
5701 Michael Dr is a 4 bed, 3 bath, 2,922 sqft, 48,787 sqft lot single_family.
Is 5701 Michael Dr a flip candidate?
No — 5701 Michael Dr does not appear in our flips dataset.
Is 5701 Michael Dr a tax-appeal candidate?
No — 5701 Michael 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
+2.1%
Implied 1-yr
+8.4%
2026 Q3
$550.9K
2026 Q4
$561.1K
ZIP 52411 — Median Price History + Forecast

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