2704 Otis Rd
Cedar Rapids, IA 52403
3 bd 1 ba 1,338 sqft Built 1965 Lot 21,780 sqft single_family
Most recent sale
$162,500
Sep 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 27, 2022 | Sold | $162,500 | Public Record |
| Aug 3, 2022 | Price changed | $159,950 | MLS #2206218 |
| Jul 20, 2022 | Listed | $179,950 | MLS #2206218 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $121,700 | $55,100 | $176,800 | $2,816 |
| 2023 | $98,000 | $42,800 | $140,800 | $2,804 |
| 2022 | $99,000 | $42,800 | $141,800 | $2,570 |
| 2021 | $90,200 | $42,800 | $133,000 | $2,460 |
| 2020 | $95,600 | $24,500 | $120,100 | $2,390 |
| 2019 | $95,600 | $24,500 | $120,100 | $2,186 |
| 2018 | $85,400 | $24,500 | $109,900 | $2,120 |
| 2017 | $85,400 | $24,500 | $109,900 | $2,158 |
| 2016 | $83,100 | $24,500 | $107,600 | $2,118 |
| 2015 | $83,900 | $24,500 | $108,400 | $1,926 |
| 2014 | $74,754 | $24,476 | $99,230 | $1,880 |
| 2012 | $74,754 | $24,476 | $99,230 | $1,820 |
| 2011 | $74,754 | $24,476 | $99,230 | $1,762 |
| 2010 | $74,754 | $24,476 | $99,230 | $1,704 |
| 2009 | $73,641 | $24,476 | $98,117 | $1,620 |
| 2004 | $73,641 | $24,476 | $98,117 | $1,516 |
Property facts
Year built
1965
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,338 sqft
Lot size
21,780 sqft
ZIP code
52403
City
Cedar Rapids
Street
Otis Rd
Coordinates
41.95605, -91.62793
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$975
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2704 Otis Rd last sell?
2704 Otis Rd most recently sold on Sep 27, 2022 for $162,500.
What is the current tax assessment for 2704 Otis Rd?
The most recent total assessment for 2704 Otis Rd (year 2025) is $176,800 with $2,816 in property tax.
How does 2704 Otis Rd's assessment compare to its last sale price?
The current assessment is 8.8% above the last sale price of $162,500.
When was 2704 Otis Rd built?
2704 Otis Rd was built in 1965.
How does 2704 Otis Rd compare to others on Otis Rd?
We track 8 other properties on Otis Rd. Browse the list under "Other properties on Otis Rd" to compare beds, baths, and sale history.
What are the property facts for 2704 Otis Rd?
2704 Otis Rd is a 3 bed, 1 bath, 1,338 sqft, 21,780 sqft lot single_family.
Is 2704 Otis Rd a flip candidate?
No — 2704 Otis Rd does not appear in our flips dataset.
Is 2704 Otis Rd a tax-appeal candidate?
No — 2704 Otis 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 Otis Rd