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5509 River Pkwy

Cedar Rapids, IA 52411

5 bd 5 ba 5,371 sqft Built 2015 Lot 53,143 sqft single_family
Most recent sale
$1,021,250
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $1,021,250 Public Record
Sep 1, 2022 Sold $1,040,000 CedarRapids
Jul 20, 2022 Price changed $1,135,000 MLS #2205690
Jun 30, 2022 Listed $1,195,000 MLS #2205690

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $896,500 $139,000 $1,035,500 $17,564
2023 $841,000 $139,000 $980,000 $18,030
2022 $739,300 $124,400 $863,700 $17,706
2021 $739,300 $124,400 $863,700 $19,584
2020 $770,800 $125,400 $896,200 $19,064
2019 $770,800 $125,400 $896,200 $18,268
2018 $730,600 $125,400 $856,000 $17,758
2017 $730,600 $125,400 $856,000 $5,596

Property facts

Year built
2015
Property type
single_family
Stories
Beds
5
Baths
5
Living area
5,371 sqft
Lot size
53,143 sqft
ZIP code
52411
City
Cedar Rapids
Street
River Pkwy
Coordinates
42.01045, -91.71897

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
$8,057
Gross rental yield
9.47%
Implied cap rate
6.15%
Trend-extrapolated value

Frequently asked questions

When did 5509 River Pkwy last sell?
5509 River Pkwy most recently sold on Sep 7, 2022 for $1,021,250.
What is the current tax assessment for 5509 River Pkwy?
The most recent total assessment for 5509 River Pkwy (year 2025) is $1,035,500 with $17,564 in property tax.
How does 5509 River Pkwy's assessment compare to its last sale price?
The current assessment is 1.4% above the last sale price of $1,021,250.
When was 5509 River Pkwy built?
5509 River Pkwy was built in 2015.
How does 5509 River Pkwy compare to others on River Pkwy?
We track 8 other properties on River Pkwy. Browse the list under "Other properties on River Pkwy" to compare beds, baths, and sale history.
What are the property facts for 5509 River Pkwy?
5509 River Pkwy is a 5 bed, 5 bath, 5,371 sqft, 53,143 sqft lot single_family.
Is 5509 River Pkwy a flip candidate?
No — 5509 River Pkwy does not appear in our flips dataset.
Is 5509 River Pkwy a tax-appeal candidate?
No — 5509 River Pkwy 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
+2.1%
Implied 1-yr
+8.4%
2026 Q3
$550.9K
2026 Q4
$561.1K
ZIP 52411 — Median Price History + Forecast

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