1480 Tower Ln
Cedar Rapids, IA 52402
2 bd 2 ba 1,167 sqft Built 2006 condos
Most recent sale
$192,500
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $192,500 | Public Record |
| Oct 12, 2022 | Sold | $192,450 | CedarRapids |
| Aug 26, 2022 | Listed | $194,950 | MLS #2208077 |
| Jun 24, 2011 | Listing removed | $134,950 | CedarRapids |
| Mar 17, 2011 | Listed | $134,950 | MLS #1101789 |
| Jun 7, 2010 | Listing removed | $137,950 | CedarRapids |
| Dec 17, 2009 | Sold | $129,500 | Public Record |
| Sep 1, 2009 | Listed | $137,950 | MLS #2906319 |
| Aug 19, 2008 | Sold | $119,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,900 | $23,000 | $172,900 | $3,276 |
| 2023 | $152,600 | $20,000 | $172,600 | $3,460 |
| 2022 | $131,400 | $20,000 | $151,400 | $3,338 |
| 2021 | $132,800 | $18,000 | $150,800 | $3,224 |
| 2020 | $119,300 | $18,000 | $137,300 | $3,150 |
| 2019 | $119,300 | $18,000 | $137,300 | $3,158 |
| 2018 | $117,900 | $18,000 | $135,900 | $2,856 |
| 2017 | $121,400 | $7,000 | $128,400 | $3,016 |
| 2016 | $124,600 | $7,000 | $131,600 | $2,774 |
| 2015 | $117,000 | $7,000 | $124,000 | $2,994 |
| 2014 | $126,668 | $7,000 | $133,668 | $2,894 |
| 2012 | $127,950 | $7,000 | $134,950 | $2,856 |
| 2011 | $137,100 | $7,000 | $144,100 | $2,956 |
| 2010 | $137,100 | $7,000 | $144,100 | $2,878 |
| 2009 | $149,878 | $7,000 | $156,878 | $3,112 |
Property facts
Year built
2006
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,167 sqft
Lot size
—
ZIP code
52402
City
Cedar Rapids
Street
Tower Ln
Coordinates
42.04573, -91.65756
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
$1,751
Gross rental yield
10.92%
Implied cap rate
7.09%
Trend-extrapolated value
—
Frequently asked questions
When did 1480 Tower Ln last sell?
1480 Tower Ln most recently sold on Oct 14, 2022 for $192,500.
What is the current tax assessment for 1480 Tower Ln?
The most recent total assessment for 1480 Tower Ln (year 2025) is $172,900 with $3,276 in property tax.
How does 1480 Tower Ln's assessment compare to its last sale price?
The current assessment is 10.2% below the last sale price of $192,500.
When was 1480 Tower Ln built?
1480 Tower Ln was built in 2006.
How does 1480 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 1480 Tower Ln?
1480 Tower Ln is a 2 bed, 2 bath, 1,167 sqft condos.
Is 1480 Tower Ln a flip candidate?
No — 1480 Tower Ln does not appear in our flips dataset.
Is 1480 Tower Ln a tax-appeal candidate?
No — 1480 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