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3607 Terrace Hill Dr

Cedar Rapids, IA 52402

4 bd 3 ba 2,700 sqft Built 1969 Lot 19,166 sqft single_family
Most recent sale
$262,500
Jul 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2024 Sold $352,000 CedarRapids
Jul 26, 2024 Listed $359,000 CedarRapids
Jul 12, 2024 Price changed $359,000 CedarRapids
Jul 9, 2024 Price changed $364,000 CedarRapids
Jul 1, 2024 Price changed $366,000 CedarRapids
Jun 27, 2024 Price changed $367,000 CedarRapids
Jun 17, 2024 Price changed $368,000 CedarRapids
Jun 13, 2024 Price changed $369,000 CedarRapids
Jun 3, 2024 Price changed $370,000 CedarRapids
May 28, 2024 Price changed $375,000 CedarRapids
May 9, 2024 Price changed $379,000 CedarRapids
May 7, 2024 Price changed $384,000 CedarRapids
Apr 28, 2024 Listed $388,000 CedarRapids
Jul 27, 2023 Sold $262,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $299,200 $55,600 $354,800 $5,822
2023 $199,700 $51,100 $250,800 $4,404
2022 $173,200 $44,500 $217,700 $4,008
2021 $160,200 $42,200 $202,400 $4,088
2020 $156,100 $37,800 $193,900 $3,976
2019 $156,100 $37,800 $193,900 $4,002
2018 $158,600 $35,600 $194,200 $3,888
2017 $158,600 $35,600 $194,200 $3,780
2016 $146,500 $35,600 $182,100 $3,592
2015 $142,100 $35,600 $177,700 $3,662
2014 $140,821 $40,014 $180,835 $3,544
2012 $139,079 $40,014 $179,093 $3,552
2011 $144,935 $40,014 $184,949 $3,408
2010 $144,935 $40,014 $184,949 $3,276
2009 $141,460 $40,014 $181,474 $3,094
2004 $128,600 $40,014 $168,614 $2,702

Property facts

Year built
1969
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,700 sqft
Lot size
19,166 sqft
ZIP code
52402
City
Cedar Rapids
Street
Terrace Hill Dr
Coordinates
42.01564, -91.67370

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
$1,575
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3607 Terrace Hill Dr last sell?
3607 Terrace Hill Dr most recently sold on Jul 27, 2023 for $262,500.
What is the current tax assessment for 3607 Terrace Hill Dr?
The most recent total assessment for 3607 Terrace Hill Dr (year 2025) is $354,800 with $5,822 in property tax.
How does 3607 Terrace Hill Dr's assessment compare to its last sale price?
The current assessment is 35.2% above the last sale price of $262,500.
When was 3607 Terrace Hill Dr built?
3607 Terrace Hill Dr was built in 1969.
How does 3607 Terrace Hill Dr compare to others on Terrace Hill Dr?
We track 8 other properties on Terrace Hill Dr. Browse the list under "Other properties on Terrace Hill Dr" to compare beds, baths, and sale history.
What are the property facts for 3607 Terrace Hill Dr?
3607 Terrace Hill Dr is a 4 bed, 3 bath, 2,700 sqft, 19,166 sqft lot single_family.
Is 3607 Terrace Hill Dr a flip candidate?
Yes — 3607 Terrace Hill Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3607 Terrace Hill Dr a tax-appeal candidate?
No — 3607 Terrace Hill 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$250.5K
2026 Q4
$250.4K
ZIP 52402 — Median Price History + Forecast

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