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6902 Underwood Ave

Cedar Rapids, IA 52404

4 bd 3 ba 2,361 sqft Built 2021 Lot 12,197 sqft single_family
Most recent sale
$427,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2025 Sold $432,000 IowaCity
Jun 5, 2025 Price changed $439,900 CedarRapids
May 23, 2025 Listed $449,900 CedarRapids
May 7, 2025 Price changed $459,900 IowaCity
May 2, 2025 Price changed $459,900 CedarRapids
Apr 18, 2025 Listed $469,900 IowaCity
Jun 16, 2022 Sold $427,000 Public Record
Jun 15, 2022 Sold $426,544 CedarRapids
Oct 6, 2021 Listed $422,340 MLS #2106905

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $321,400 $77,400 $398,800 $6,984
2023 $303,100 $71,000 $374,100 $1,510
2022 $9,200 $62,400 $71,600 $94
2021 $4,500 $4,500 $100
2020 $4,500 $4,500 $96

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,361 sqft
Lot size
12,197 sqft
ZIP code
52404
City
Cedar Rapids
Street
Underwood Ave
Coordinates
41.96744, -91.76005

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
$3,542
Gross rental yield
9.95%
Implied cap rate
6.47%
Trend-extrapolated value

Frequently asked questions

When did 6902 Underwood Ave last sell?
6902 Underwood Ave most recently sold on Jun 16, 2022 for $427,000.
What is the current tax assessment for 6902 Underwood Ave?
The most recent total assessment for 6902 Underwood Ave (year 2025) is $398,800 with $6,984 in property tax.
How does 6902 Underwood Ave's assessment compare to its last sale price?
The current assessment is 6.6% below the last sale price of $427,000.
When was 6902 Underwood Ave built?
6902 Underwood Ave was built in 2021.
How does 6902 Underwood Ave compare to others on Underwood Ave?
We track 8 other properties on Underwood Ave. Browse the list under "Other properties on Underwood Ave" to compare beds, baths, and sale history.
What are the property facts for 6902 Underwood Ave?
6902 Underwood Ave is a 4 bed, 3 bath, 2,361 sqft, 12,197 sqft lot single_family.
Is 6902 Underwood Ave a flip candidate?
No — 6902 Underwood Ave does not appear in our flips dataset.
Is 6902 Underwood Ave a tax-appeal candidate?
No — 6902 Underwood Ave 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
+7.1%
Implied 1-yr
+28.5%
2026 Q3
$624.7K
2026 Q4
$655.1K
ZIP 52404 — Median Price History + Forecast

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