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3401 Otis Rd

Cedar Rapids, IA 52403

3 bd 2 ba 1,152 sqft Built 1979 Lot 173,020 sqft single_family
Most recent sale
$165,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $165,000 Public Record
Apr 24, 2022 Listed $140,000 MLS #2203666
Jun 3, 1992 Sold $78,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $180,100 $80,000 $260,100 $2,892
2023 $164,700 $80,000 $244,700 $2,806
2022 $118,900 $80,000 $198,900 $2,510
2021 $109,800 $80,000 $189,800 $2,242
2020 $107,900 $49,900 $157,800 $2,196
2019 $107,900 $49,900 $157,800 $2,076
2018 $99,600 $49,900 $149,500 $2,026
2017 $99,600 $49,900 $149,500 $2,032
2016 $93,700 $49,900 $143,600 $1,980
2015 $93,700 $49,900 $143,600 $1,990
2014 $93,700 $49,900 $143,600 $1,948
2012 $93,700 $49,900 $143,600 $1,836
2011 $91,783 $44,591 $136,374 $1,790
2010 $91,783 $44,591 $136,374 $1,724
2009 $130,100 $1,654
2004 $81,437 $42,468 $123,905 $1,394

Property facts

Year built
1979
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,152 sqft
Lot size
173,020 sqft
ZIP code
52403
City
Cedar Rapids
Street
Otis Rd
Coordinates
41.94995, -91.61832

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,728
Gross rental yield
12.57%
Implied cap rate
8.17%
Trend-extrapolated value

Frequently asked questions

When did 3401 Otis Rd last sell?
3401 Otis Rd most recently sold on Jun 3, 2022 for $165,000.
What is the current tax assessment for 3401 Otis Rd?
The most recent total assessment for 3401 Otis Rd (year 2025) is $260,100 with $2,892 in property tax.
How does 3401 Otis Rd's assessment compare to its last sale price?
The current assessment is 57.6% above the last sale price of $165,000.
When was 3401 Otis Rd built?
3401 Otis Rd was built in 1979.
How does 3401 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 3401 Otis Rd?
3401 Otis Rd is a 3 bed, 2 bath, 1,152 sqft, 173,020 sqft lot single_family.
Is 3401 Otis Rd a flip candidate?
No — 3401 Otis Rd does not appear in our flips dataset.
Is 3401 Otis Rd a tax-appeal candidate?
Yes — 3401 Otis 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 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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