1403 Tower Ln
Cedar Rapids, IA 52402
3 bd 2 ba 1,529 sqft Built 2001 condos
Most recent sale
$225,000
Apr 1, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2024 | Sold | $225,000 | CedarRapids |
| Feb 23, 2024 | Listed | $225,000 | CedarRapids |
| Mar 16, 2017 | Sold | $151,000 | Public Record |
| Jan 27, 2017 | Listing removed | $155,700 | CedarRapids |
| Jan 18, 2017 | Listed | $155,700 | CedarRapids |
| Jun 1, 2011 | Sold | $155,000 | Public Record |
| May 6, 2011 | Listing removed | $157,000 | CedarRapids |
| Mar 29, 2011 | Price changed | $157,000 | CedarRapids |
| Mar 1, 2011 | Listed | $159,500 | CedarRapids |
| Jul 28, 2010 | Listing removed | $159,900 | CedarRapids |
| Jun 26, 2010 | Price changed | $159,900 | CedarRapids |
| Apr 29, 2010 | Listed | $164,900 | CedarRapids |
| Aug 4, 2006 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $183,200 | $32,000 | $215,200 | $3,580 |
| 2023 | $159,500 | $27,000 | $186,500 | $3,554 |
| 2022 | $140,400 | $24,000 | $164,400 | $3,352 |
| 2021 | $140,400 | $20,000 | $160,400 | $3,566 |
| 2020 | $140,500 | $20,000 | $160,500 | $3,480 |
| 2019 | $140,500 | $20,000 | $160,500 | $3,564 |
| 2018 | $141,900 | $20,000 | $161,900 | $3,294 |
| 2017 | $149,800 | $7,000 | $156,800 | $3,322 |
| 2016 | $149,700 | $7,000 | $156,700 | $3,236 |
| 2015 | $149,700 | $7,000 | $156,700 | $3,164 |
| 2014 | $146,331 | $7,000 | $153,331 | $3,052 |
| 2012 | $146,331 | $7,000 | $153,331 | $2,976 |
| 2011 | $146,331 | $7,000 | $153,331 | $3,218 |
| 2010 | $160,964 | $7,000 | $167,964 | $3,154 |
| 2009 | $154,980 | $7,000 | $161,980 | $3,004 |
| 2004 | $154,980 | $7,000 | $161,980 | $2,248 |
Property facts
Year built
2001
Property type
condos
Stories
—
Beds
3
Baths
2
Living area
1,529 sqft
Lot size
—
ZIP code
52402
City
Cedar Rapids
Street
Tower Ln
Coordinates
42.04500, -91.65576
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,294
Gross rental yield
12.23%
Implied cap rate
7.95%
Trend-extrapolated value
—
Frequently asked questions
When did 1403 Tower Ln last sell?
1403 Tower Ln most recently sold on Apr 1, 2024 for $225,000.
What is the current tax assessment for 1403 Tower Ln?
The most recent total assessment for 1403 Tower Ln (year 2025) is $215,200 with $3,580 in property tax.
How does 1403 Tower Ln's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $225,000.
When was 1403 Tower Ln built?
1403 Tower Ln was built in 2001.
How does 1403 Tower Ln compare to others on Tower Ln?
We track 8 other properties on Tower Ln. Browse the list under "Other properties on Tower Ln" to compare beds, baths, and sale history.
What are the property facts for 1403 Tower Ln?
1403 Tower Ln is a 3 bed, 2 bath, 1,529 sqft condos.
Is 1403 Tower Ln a flip candidate?
No — 1403 Tower Ln does not appear in our flips dataset.
Is 1403 Tower Ln a tax-appeal candidate?
No — 1403 Tower Ln 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 Tower Ln