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1433 Tower Ln

Cedar Rapids, IA 52402

3 bd 2 ba 1,543 sqft Built 2002 condos
Most recent sale
$220,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $220,000 Public Record
Jun 21, 2022 Sold $220,000 MLS #202202480
Apr 28, 2022 Listed $200,000 MLS #202202480
Aug 13, 2020 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $197,400 $32,000 $229,400 $3,824
2023 $172,800 $27,000 $199,800 $3,202
2022 $125,000 $24,000 $149,000 $3,210
2021 $125,000 $20,000 $145,000 $3,152
2020 $126,100 $20,000 $146,100 $3,072
2019 $126,100 $20,000 $146,100 $3,150
2018 $127,400 $20,000 $147,400 $3,278
2017 $152,400 $7,000 $159,400 $3,380
2016 $152,300 $7,000 $159,300 $3,294
2015 $152,300 $7,000 $159,300 $3,216
2014 $148,654 $7,000 $155,654 $3,104
2012 $148,654 $7,000 $155,654 $3,024
2011 $163,519 $7,000 $170,519 $3,270
2010 $163,519 $7,000 $170,519 $3,204
2009 $155,834 $7,000 $162,834 $3,020
2004 $155,834 $7,000 $162,834 $2,744

Property facts

Year built
2002
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,543 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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,315
Gross rental yield
12.63%
Implied cap rate
8.21%
Trend-extrapolated value

Frequently asked questions

When did 1433 Tower Ln last sell?
1433 Tower Ln most recently sold on Jun 24, 2022 for $220,000.
What is the current tax assessment for 1433 Tower Ln?
The most recent total assessment for 1433 Tower Ln (year 2025) is $229,400 with $3,824 in property tax.
How does 1433 Tower Ln's assessment compare to its last sale price?
The current assessment is 4.3% above the last sale price of $220,000.
When was 1433 Tower Ln built?
1433 Tower Ln was built in 2002.
How does 1433 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 1433 Tower Ln?
1433 Tower Ln is a 3 bed, 2 bath, 1,543 sqft condos.
Is 1433 Tower Ln a flip candidate?
Yes — 1433 Tower Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1433 Tower Ln a tax-appeal candidate?
No — 1433 Tower Ln 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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