7224 Summerland Ridge Rd
Cedar Rapids, IA 52402
5 bd 4 ba 3,256 sqft Built 1998 Lot 7,841 sqft single_family
Most recent sale
$327,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $327,000 | MLS #202205043 |
| Sep 6, 2022 | Listed | $327,000 | MLS #202205043 |
| Feb 2, 2006 | Sold | $219,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $264,300 | $55,300 | $319,600 | $6,022 |
| 2023 | $250,400 | $48,800 | $299,200 | $5,726 |
| 2022 | $215,500 | $43,900 | $259,400 | $5,418 |
| 2021 | $213,100 | $40,600 | $253,700 | $5,484 |
| 2020 | $204,800 | $37,400 | $242,200 | $5,278 |
| 2019 | $204,800 | $34,100 | $238,900 | $5,190 |
| 2018 | $197,800 | $34,100 | $231,900 | $4,964 |
| 2017 | $197,800 | $34,100 | $231,900 | $4,814 |
| 2016 | $184,500 | $34,100 | $218,600 | $4,466 |
| 2015 | $174,300 | $34,100 | $208,400 | $4,702 |
| 2014 | $192,700 | $26,000 | $218,700 | $4,542 |
| 2012 | $192,700 | $26,000 | $218,700 | $4,432 |
| 2011 | $192,700 | $26,000 | $218,700 | $4,332 |
| 2010 | $192,700 | $26,000 | $218,700 | $4,244 |
| 2009 | $191,472 | $26,000 | $217,472 | $4,182 |
| 2004 | $184,108 | $26,000 | $210,108 | $3,742 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,256 sqft
Lot size
7,841 sqft
ZIP code
52402
City
Cedar Rapids
Street
Summerland Ridge Rd
Coordinates
42.05018, -91.65504
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,962
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7224 Summerland Ridge Rd last sell?
7224 Summerland Ridge Rd most recently sold on Oct 14, 2022 for $327,000.
What is the current tax assessment for 7224 Summerland Ridge Rd?
The most recent total assessment for 7224 Summerland Ridge Rd (year 2025) is $319,600 with $6,022 in property tax.
How does 7224 Summerland Ridge Rd's assessment compare to its last sale price?
The current assessment is 2.3% below the last sale price of $327,000.
When was 7224 Summerland Ridge Rd built?
7224 Summerland Ridge Rd was built in 1998.
How does 7224 Summerland Ridge Rd compare to others on Summerland Ridge Rd?
We track 7 other properties on Summerland Ridge Rd. Browse the list under "Other properties on Summerland Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 7224 Summerland Ridge Rd?
7224 Summerland Ridge Rd is a 5 bed, 4 bath, 3,256 sqft, 7,841 sqft lot single_family.
Is 7224 Summerland Ridge Rd a flip candidate?
No — 7224 Summerland Ridge Rd does not appear in our flips dataset.
Is 7224 Summerland Ridge Rd a tax-appeal candidate?
No — 7224 Summerland Ridge Rd 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 Summerland Ridge Rd