2509 MT Vernon Rd
Cedar Rapids, IA 52403
3 bd 1 ba 1,362 sqft Built 1940 Lot 7,405 sqft single_family
Most recent sale
$130,000
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 15, 2022 | Sold | $130,000 | Public Record |
| Apr 14, 2022 | Listed | $130,000 | MLS #2203385 |
| Jul 10, 2020 | Sold | $112,000 | Public Record |
| May 19, 2020 | Listed | $112,000 | MLS #2003653 |
| Aug 21, 2017 | Sold | $87,000 | Public Record |
| Jul 20, 2017 | Listing removed | $89,950 | CedarRapids |
| Jul 3, 2017 | Listed | $89,950 | MLS #1706724 |
| Sep 20, 2010 | Sold | $76,000 | Public Record |
| Sep 8, 2010 | Listing removed | $77,900 | CedarRapids |
| Jul 13, 2010 | Price changed | $77,900 | MLS #1004989 |
| Jun 21, 2010 | Listed | $84,990 | MLS #1004989 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $141,900 | $26,900 | $168,800 | $2,524 |
| 2023 | $116,100 | $26,900 | $143,000 | $2,374 |
| 2022 | $97,200 | $24,200 | $121,400 | $316 |
| 2021 | $89,200 | $17,500 | $106,700 | $2,154 |
| 2020 | $80,100 | $17,500 | $97,600 | $2,096 |
| 2019 | $80,100 | $17,500 | $97,600 | $1,962 |
| 2018 | $73,500 | $17,500 | $91,000 | $1,806 |
| 2017 | $68,700 | $17,500 | $86,200 | $1,834 |
| 2016 | $66,700 | $17,500 | $84,200 | $1,790 |
| 2015 | $66,700 | $17,500 | $84,200 | $1,736 |
| 2014 | $62,719 | $18,835 | $81,554 | $1,706 |
| 2012 | $63,077 | $18,835 | $81,912 | $1,656 |
| 2011 | $63,077 | $18,835 | $81,912 | $1,574 |
| 2010 | $63,077 | $18,835 | $81,912 | $1,386 |
| 2009 | $63,803 | $18,835 | $82,638 | $1,346 |
| 2004 | $58,003 | $18,835 | $76,838 | $1,182 |
Property facts
Year built
1940
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,362 sqft
Lot size
7,405 sqft
ZIP code
52403
City
Cedar Rapids
Street
MT Vernon Rd
Coordinates
41.97670, -91.63137
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2509 MT Vernon Rd last sell?
2509 MT Vernon Rd most recently sold on Jun 15, 2022 for $130,000.
What is the current tax assessment for 2509 MT Vernon Rd?
The most recent total assessment for 2509 MT Vernon Rd (year 2025) is $168,800 with $2,524 in property tax.
How does 2509 MT Vernon Rd's assessment compare to its last sale price?
The current assessment is 29.8% above the last sale price of $130,000.
When was 2509 MT Vernon Rd built?
2509 MT Vernon Rd was built in 1940.
How does 2509 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 2509 MT Vernon Rd?
2509 MT Vernon Rd is a 3 bed, 1 bath, 1,362 sqft, 7,405 sqft lot single_family.
Is 2509 MT Vernon Rd a flip candidate?
No — 2509 MT Vernon Rd does not appear in our flips dataset.
Is 2509 MT Vernon Rd a tax-appeal candidate?
Yes — 2509 MT Vernon Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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