1038 MT Vernon Rd
Cedar Rapids, IA 52403
4 bd 1,766 sqft Built 1909 Lot 5,619 sqft multi_family
Most recent sale
$135,000
May 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 9, 2022 | Sold | $135,000 | Public Record |
| May 5, 2022 | Sold | $135,000 | MLS #202201911 |
| Apr 4, 2022 | Listed | $135,000 | MLS #202201911 |
| Aug 3, 2017 | Sold | $205,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $84,100 | $25,000 | $109,100 | $1,616 |
| 2023 | $72,100 | $19,000 | $91,100 | $1,702 |
| 2022 | $61,700 | $19,000 | $80,700 | $1,482 |
| 2021 | $55,500 | $16,000 | $71,500 | $1,512 |
| 2020 | $52,500 | $16,000 | $68,500 | $1,278 |
| 2019 | $45,500 | $14,000 | $59,500 | $1,282 |
| 2018 | $45,500 | $14,000 | $59,500 | $1,248 |
| 2017 | $45,500 | $14,000 | $59,500 | $1,278 |
| 2016 | $44,700 | $14,000 | $58,700 | $1,250 |
| 2015 | $44,800 | $14,000 | $58,800 | $1,244 |
| 2014 | $44,466 | $14,000 | $58,466 | $1,218 |
| 2012 | $53,608 | $10,000 | $63,608 | $1,286 |
| 2011 | $53,608 | $10,000 | $63,608 | $1,222 |
| 2010 | $53,608 | $10,000 | $63,608 | $1,166 |
| 2009 | $55,239 | $10,000 | $65,239 | $1,154 |
| 2004 | $46,033 | $10,000 | $56,033 | $582 |
Property facts
Year built
1909
Property type
multi_family
Stories
—
Beds
4
Baths
—
Living area
1,766 sqft
Lot size
5,619 sqft
ZIP code
52403
City
Cedar Rapids
Street
MT Vernon Rd
Coordinates
41.97826, -91.65254
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1038 MT Vernon Rd last sell?
1038 MT Vernon Rd most recently sold on May 9, 2022 for $135,000.
What is the current tax assessment for 1038 MT Vernon Rd?
The most recent total assessment for 1038 MT Vernon Rd (year 2025) is $109,100 with $1,616 in property tax.
How does 1038 MT Vernon Rd's assessment compare to its last sale price?
The current assessment is 19.2% below the last sale price of $135,000.
When was 1038 MT Vernon Rd built?
1038 MT Vernon Rd was built in 1909.
How does 1038 MT Vernon Rd compare to others on MT Vernon Rd?
We track 8 other properties on MT Vernon Rd. Browse the list under "Other properties on MT Vernon Rd" to compare beds, baths, and sale history.
What are the property facts for 1038 MT Vernon Rd?
1038 MT Vernon Rd is a 4 bed, 1,766 sqft, 5,619 sqft lot multi_family.
Is 1038 MT Vernon Rd a flip candidate?
No — 1038 MT Vernon Rd does not appear in our flips dataset.
Is 1038 MT Vernon Rd a tax-appeal candidate?
No — 1038 MT Vernon Rd 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 MT Vernon Rd