353 Park Ter
Cedar Rapids, IA 52403
5 bd 3 ba 3,249 sqft Built 1920 Lot 12,371 sqft single_family
Most recent sale
$240,000
Oct 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 18, 2022 | Sold | $240,000 | Public Record |
| Oct 14, 2022 | Sold | $239,700 | CedarRapids |
| Aug 12, 2022 | Price changed | $280,000 | MLS #2206359 |
| Jul 26, 2022 | Listed | $300,000 | MLS #2206359 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $320,000 | $78,000 | $398,000 | $5,274 |
| 2023 | $169,200 | $68,800 | $238,000 | $5,840 |
| 2022 | $221,600 | $64,200 | $285,800 | $5,520 |
| 2021 | $211,200 | $64,200 | $275,400 | $5,986 |
| 2020 | $215,700 | $64,200 | $279,900 | $5,618 |
| 2019 | $224,400 | $45,900 | $270,300 | $5,408 |
| 2018 | $213,500 | $45,900 | $259,400 | $5,254 |
| 2017 | $213,500 | $45,900 | $259,400 | $5,632 |
| 2016 | $221,200 | $45,900 | $267,100 | $5,250 |
| 2015 | $209,800 | $45,900 | $255,700 | $5,418 |
| 2014 | $217,447 | $45,857 | $263,304 | $5,298 |
| 2012 | $196,933 | $73,372 | $270,305 | $5,278 |
| 2011 | $207,190 | $73,372 | $280,562 | $5,244 |
| 2010 | $207,190 | $73,372 | $280,562 | $5,030 |
| 2009 | $199,837 | $73,372 | $273,209 | $4,718 |
| 2004 | $172,274 | $73,372 | $245,646 | $4,086 |
Property facts
Year built
1920
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
3,249 sqft
Lot size
12,371 sqft
ZIP code
52403
City
Cedar Rapids
Street
Park Ter
Coordinates
41.98546, -91.63052
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 353 Park Ter last sell?
353 Park Ter most recently sold on Oct 18, 2022 for $240,000.
What is the current tax assessment for 353 Park Ter?
The most recent total assessment for 353 Park Ter (year 2025) is $398,000 with $5,274 in property tax.
How does 353 Park Ter's assessment compare to its last sale price?
The current assessment is 65.8% above the last sale price of $240,000.
When was 353 Park Ter built?
353 Park Ter was built in 1920.
How does 353 Park Ter compare to others on Park Ter?
We track 5 other properties on Park Ter. Browse the list under "Other properties on Park Ter" to compare beds, baths, and sale history.
What are the property facts for 353 Park Ter?
353 Park Ter is a 5 bed, 3 bath, 3,249 sqft, 12,371 sqft lot single_family.
Is 353 Park Ter a flip candidate?
No — 353 Park Ter does not appear in our flips dataset.
Is 353 Park Ter a tax-appeal candidate?
Yes — 353 Park Ter 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 Park Ter