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6631 Preston Terrace Ct

Cedar Rapids, IA 52404

3 bd 2 ba 1,657 sqft Built 1978 condos
Most recent sale
$105,500
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2024 Sold $130,000 CedarRapids
Aug 15, 2024 Price changed $135,000 CedarRapids
Jul 9, 2024 Listed $140,000 CedarRapids
May 25, 2022 Sold $105,500 Public Record
May 24, 2022 Sold $105,400 CedarRapids
Apr 13, 2022 Listed $104,000 MLS #2203344
Dec 5, 2017 Listing removed $99,900 IowaCity
Dec 4, 2017 Listed $99,900 MLS #20174444
Oct 13, 2017 Listing removed $99,900 CedarRapids
Aug 4, 2017 Listed $99,900 MLS #1707554
Jul 21, 2016 Listing removed $99,900 CedarRapids
Jun 30, 2016 Listing removed $99,900 IowaCity
Jun 23, 2016 Listed $99,900 MLS #20163839
Jun 22, 2016 Listed $99,900 MLS #1606224
Jul 2, 2013 Sold $95,500 Public Record
Jun 28, 2013 Listing removed $99,995 CedarRapids
Oct 17, 2012 Price changed $99,995 MLS #1205081
Jul 9, 2012 Listed $103,900 MLS #1205081
Dec 29, 2006 Sold $100,000 Public Record
Aug 1, 2005 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $114,300 $13,000 $127,300 $2,160
2023 $97,800 $13,000 $110,800 $2,084
2020 $83,300 $10,000 $93,300 $1,916
2019 $88,600 $10,000 $98,600 $1,782
2018 $81,200 $10,000 $91,200 $1,794
2017 $86,800 $7,500 $94,300 $1,852
2016 $86,600 $7,500 $94,100 $1,776
2015 $86,600 $7,500 $94,100 $1,836
2014 $89,819 $7,500 $97,319 $1,910
2012 $85,914 $7,500 $93,414 $1,868
2011 $85,914 $7,500 $93,414 $1,824
2010 $85,914 $7,500 $93,414 $1,776
2009 $83,862 $7,500 $91,362 $1,704
2004 $83,862 $7,500 $91,362 $1,264

Property facts

Year built
1978
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,657 sqft
Lot size
ZIP code
52404
City
Cedar Rapids
Street
Preston Terrace Ct
Coordinates
41.91312, -91.65735

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$633
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 6631 Preston Terrace Ct last sell?
6631 Preston Terrace Ct most recently sold on May 25, 2022 for $105,500.
What is the current tax assessment for 6631 Preston Terrace Ct?
The most recent total assessment for 6631 Preston Terrace Ct (year 2025) is $127,300 with $2,160 in property tax.
How does 6631 Preston Terrace Ct's assessment compare to its last sale price?
The current assessment is 20.7% above the last sale price of $105,500.
When was 6631 Preston Terrace Ct built?
6631 Preston Terrace Ct was built in 1978.
How does 6631 Preston Terrace Ct compare to others on Preston Terrace Ct?
We track 8 other properties on Preston Terrace Ct. Browse the list under "Other properties on Preston Terrace Ct" to compare beds, baths, and sale history.
What are the property facts for 6631 Preston Terrace Ct?
6631 Preston Terrace Ct is a 3 bed, 2 bath, 1,657 sqft condos.
Is 6631 Preston Terrace Ct a flip candidate?
No — 6631 Preston Terrace Ct does not appear in our flips dataset.
Is 6631 Preston Terrace Ct a tax-appeal candidate?
No — 6631 Preston Terrace Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.1%
Implied 1-yr
+28.5%
2026 Q3
$624.7K
2026 Q4
$655.1K
ZIP 52404 — Median Price History + Forecast

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