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407 Rockvalley Dr

Cedar Rapids, IA 52404

4 bd 3 ba 2,697 sqft Built 1993 Lot 12,632 sqft single_family
Most recent sale
$296,500
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $296,500 Public Record
Aug 10, 2022 Sold $296,250 MLS #202203584
Jun 16, 2022 Listed $300,000 MLS #2205290
Feb 28, 2019 Sold $231,500 Public Record
Dec 11, 2018 Price changed $234,900 MLS #1807684
Nov 2, 2018 Listed $239,900 MLS #1807684

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $278,300 $71,400 $349,700 $5,624
2023 $238,500 $60,900 $299,400 $5,834
2022 $219,900 $56,700 $276,600 $5,408
2021 $210,700 $50,400 $261,100 $5,224
2020 $186,400 $50,400 $236,800 $5,088
2019 $186,400 $50,400 $236,800 $4,528
2018 $176,600 $42,000 $218,600 $4,400
2017 $176,600 $42,000 $218,600 $4,070
2016 $153,400 $42,000 $195,400 $3,788
2015 $144,900 $42,000 $186,900 $3,812
2014 $145,889 $42,000 $187,889 $3,954
2012 $156,831 $42,000 $198,831 $3,834
2011 $162,460 $33,600 $196,060 $3,622
2010 $162,460 $33,600 $196,060 $3,480
2009 $159,817 $33,600 $193,417 $3,306
2004 $156,684 $33,600 $190,284 $3,370

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,697 sqft
Lot size
12,632 sqft
ZIP code
52404
City
Cedar Rapids
Street
Rockvalley Dr
Coordinates
41.96913, -91.75825

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
$1,779
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Rockvalley Dr last sell?
407 Rockvalley Dr most recently sold on Aug 16, 2022 for $296,500.
What is the current tax assessment for 407 Rockvalley Dr?
The most recent total assessment for 407 Rockvalley Dr (year 2025) is $349,700 with $5,624 in property tax.
How does 407 Rockvalley Dr's assessment compare to its last sale price?
The current assessment is 17.9% above the last sale price of $296,500.
When was 407 Rockvalley Dr built?
407 Rockvalley Dr was built in 1993.
How does 407 Rockvalley Dr compare to others on Rockvalley Dr?
We track 8 other properties on Rockvalley Dr. Browse the list under "Other properties on Rockvalley Dr" to compare beds, baths, and sale history.
What are the property facts for 407 Rockvalley Dr?
407 Rockvalley Dr is a 4 bed, 3 bath, 2,697 sqft, 12,632 sqft lot single_family.
Is 407 Rockvalley Dr a flip candidate?
No — 407 Rockvalley Dr does not appear in our flips dataset.
Is 407 Rockvalley Dr a tax-appeal candidate?
Yes — 407 Rockvalley Dr 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
+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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