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5108 Spencer Dr

Cedar Rapids, IA 52404

4 bd 2 ba 1,812 sqft Built 1963 single_family
Most recent sale
$217,500
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $217,500 Public Record
Mar 10, 2022 Listed $217,500 MLS #2201381
Jul 25, 2019 Sold $166,000 Public Record
Jun 4, 2019 Listed $163,900 MLS #1904135
Jun 22, 2012 Sold $122,500 Public Record
May 9, 2012 Listing removed $120,000 CedarRapids
May 3, 2012 Listed $120,000 MLS #1203348

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $187,400 $46,200 $233,600 $3,746
2023 $164,000 $40,400 $204,400 $3,348
2022 $133,000 $34,600 $167,600 $3,310
2021 $125,200 $34,600 $159,800 $3,316
2020 $119,500 $30,800 $150,300 $3,040
2019 $119,500 $30,800 $150,300 $2,922
2018 $113,300 $30,800 $144,100 $2,838
2017 $113,300 $30,800 $144,100 $2,900
2016 $110,900 $30,800 $141,700 $2,782
2015 $108,800 $30,800 $139,600 $2,642
2014 $109,789 $23,092 $132,881 $2,582
2012 $109,789 $23,092 $132,881 $2,500
2011 $106,560 $23,092 $129,652 $2,276
2010 $106,560 $23,092 $129,652 $2,192
2009 $104,834 $23,092 $127,926 $2,076
2004 $95,304 $23,092 $118,396 $1,946

Property facts

Year built
1963
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,812 sqft
Lot size
ZIP code
52404
City
Cedar Rapids
Street
Spencer Dr
Coordinates
41.96813, -91.73737

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,305
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5108 Spencer Dr last sell?
5108 Spencer Dr most recently sold on May 25, 2022 for $217,500.
What is the current tax assessment for 5108 Spencer Dr?
The most recent total assessment for 5108 Spencer Dr (year 2025) is $233,600 with $3,746 in property tax.
How does 5108 Spencer Dr's assessment compare to its last sale price?
The current assessment is 7.4% above the last sale price of $217,500.
When was 5108 Spencer Dr built?
5108 Spencer Dr was built in 1963.
How does 5108 Spencer Dr compare to others on Spencer Dr?
We track 8 other properties on Spencer Dr. Browse the list under "Other properties on Spencer Dr" to compare beds, baths, and sale history.
What are the property facts for 5108 Spencer Dr?
5108 Spencer Dr is a 4 bed, 2 bath, 1,812 sqft single_family.
Is 5108 Spencer Dr a flip candidate?
No — 5108 Spencer Dr does not appear in our flips dataset.
Is 5108 Spencer Dr a tax-appeal candidate?
No — 5108 Spencer Dr 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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