1612 Parkwood Ln
Cedar Rapids, IA 52402
3 bd 2 ba 1,585 sqft Built 1978 Lot 6,534 sqft single_family
Most recent sale
$215,000
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 27, 2023 | Sold | $220,000 | CedarRapids |
| Aug 30, 2022 | Sold | $215,000 | Public Record |
| Aug 29, 2022 | Sold | $215,000 | CedarRapids |
| Jun 9, 2022 | Listed | $220,000 | MLS #2205100 |
| Apr 10, 2015 | Sold | $152,000 | Public Record |
| Feb 28, 2015 | Listing removed | $149,900 | CedarRapids |
| Feb 16, 2015 | Listed | $149,900 | MLS #1501249 |
| Jun 2, 2009 | Sold | $142,000 | Public Record |
| May 2, 2009 | Listing removed | $147,000 | CedarRapids |
| Mar 4, 2009 | Listed | $147,000 | MLS #2901210 |
| Jun 1, 2007 | Sold | $140,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $162,800 | $36,900 | $199,700 | $3,640 |
| 2023 | $160,800 | $34,000 | $194,800 | $3,176 |
| 2022 | $132,900 | $26,600 | $159,500 | $2,908 |
| 2021 | $122,700 | $26,600 | $149,300 | $3,126 |
| 2020 | $123,700 | $26,600 | $150,300 | $2,908 |
| 2019 | $117,600 | $26,600 | $144,200 | $2,796 |
| 2018 | $111,600 | $26,600 | $138,200 | $2,714 |
| 2017 | $111,600 | $26,600 | $138,200 | $2,692 |
| 2016 | $107,000 | $25,100 | $132,100 | $2,580 |
| 2015 | $105,000 | $25,100 | $130,100 | $2,550 |
| 2014 | $113,751 | $14,773 | $128,524 | $2,490 |
| 2012 | $117,063 | $14,773 | $131,836 | $2,480 |
| 2011 | $121,481 | $14,773 | $136,254 | $2,474 |
| 2010 | $121,481 | $14,773 | $136,254 | $2,384 |
| 2009 | $112,384 | $14,773 | $127,157 | $2,132 |
| 2004 | $96,883 | $14,773 | $111,656 | $1,938 |
Property facts
Year built
1978
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,585 sqft
Lot size
6,534 sqft
ZIP code
52402
City
Cedar Rapids
Street
Parkwood Ln
Coordinates
42.04996, -91.66012
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,378
Gross rental yield
13.27%
Implied cap rate
8.63%
Trend-extrapolated value
—
Frequently asked questions
When did 1612 Parkwood Ln last sell?
1612 Parkwood Ln most recently sold on Aug 30, 2022 for $215,000.
What is the current tax assessment for 1612 Parkwood Ln?
The most recent total assessment for 1612 Parkwood Ln (year 2025) is $199,700 with $3,640 in property tax.
How does 1612 Parkwood Ln's assessment compare to its last sale price?
The current assessment is 7.1% below the last sale price of $215,000.
When was 1612 Parkwood Ln built?
1612 Parkwood Ln was built in 1978.
How does 1612 Parkwood Ln compare to others on Parkwood Ln?
We track 8 other properties on Parkwood Ln. Browse the list under "Other properties on Parkwood Ln" to compare beds, baths, and sale history.
What are the property facts for 1612 Parkwood Ln?
1612 Parkwood Ln is a 3 bed, 2 bath, 1,585 sqft, 6,534 sqft lot single_family.
Is 1612 Parkwood Ln a flip candidate?
No — 1612 Parkwood Ln does not appear in our flips dataset.
Is 1612 Parkwood Ln a tax-appeal candidate?
No — 1612 Parkwood Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Parkwood Ln