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508 Valley View Dr

Cedar Rapids, IA 52403

2 bd 1 ba 979 sqft Built 1922 Lot 35,284 sqft single_family
Most recent sale
$165,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $165,000 Public Record
Jul 29, 2022 Sold $164,950 CedarRapids
Jun 24, 2022 Listed $164,950 MLS #2205591
Jan 30, 1980 Sold $35,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $112,900 $45,800 $158,700 $1,786
2023 $105,300 $45,800 $151,100 $1,706
2022 $75,100 $45,800 $120,900 $1,554
2021 $75,100 $45,800 $120,900 $1,424
2020 $71,100 $32,200 $103,300 $1,392
2019 $71,100 $32,200 $103,300 $1,308
2018 $65,100 $32,200 $97,300 $1,274
2017 $65,100 $32,200 $97,300 $1,364
2016 $67,000 $32,200 $99,200 $1,328
2015 $67,000 $32,200 $99,200 $1,336
2014 $67,000 $32,200 $99,200 $1,306
2012 $50,031 $37,160 $87,191 $1,126
2011 $50,031 $37,160 $87,191 $1,106
2010 $50,031 $37,160 $87,191 $1,072
2004 $47,649 $35,390 $83,039 $902

Property facts

Year built
1922
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
979 sqft
Lot size
35,284 sqft
ZIP code
52403
City
Cedar Rapids
Street
Valley View Dr
Coordinates
41.98269, -91.59120

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
$1,469
Gross rental yield
10.68%
Implied cap rate
6.94%
Trend-extrapolated value

Frequently asked questions

When did 508 Valley View Dr last sell?
508 Valley View Dr most recently sold on Aug 3, 2022 for $165,000.
What is the current tax assessment for 508 Valley View Dr?
The most recent total assessment for 508 Valley View Dr (year 2025) is $158,700 with $1,786 in property tax.
How does 508 Valley View Dr's assessment compare to its last sale price?
The current assessment is 3.8% below the last sale price of $165,000.
When was 508 Valley View Dr built?
508 Valley View Dr was built in 1922.
How does 508 Valley View Dr compare to others on Valley View Dr?
We track 6 other properties on Valley View Dr. Browse the list under "Other properties on Valley View Dr" to compare beds, baths, and sale history.
What are the property facts for 508 Valley View Dr?
508 Valley View Dr is a 2 bed, 1 bath, 979 sqft, 35,284 sqft lot single_family.
Is 508 Valley View Dr a flip candidate?
No — 508 Valley View Dr does not appear in our flips dataset.
Is 508 Valley View Dr a tax-appeal candidate?
No — 508 Valley View 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
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast

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