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1050 Marks Way; Cedar Rapids, IA Property Details

1050 Marks Way, Cedar Rapids, IA is a Single Family that was built in 2023. This property is currently Financed,New Construction and is not for sale. Our records show that 1050 Marks Way has 4 bedrooms, and 5 bathrooms, and a total of 4,286 square feet. The lot size of 1050 Marks Way is 31,363 square feet.

Off market
1050 Marks Way Cedar Rapids, IA 52404
$797,500 Listing Price
4 Beds
5 Baths
4,286 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2023
  • Purchase Price: $797,500
  • Open Loans / Balance: 2 / $738,905
  • Est. Equity / %: $144,095 / 16.32%
  • Gross Yield: 9.336%
  • APN: 19344-27033-00000
  • Situs County: Linn
  • Length Of Ownership: 1 year, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 4,286/SqFt
  • Lot: 31,363/SqFt
  • Gross: 4,286/SqFt
  • Garage: 936/SqFt
  • Living: 4,286/SqFt
  • Building: 4,286/SqFt
  • Ground: 4,286/SqFt
  • Price Per Square Foot: $186.07

Legal Description

  • Description: WESTERN 1/4 A LOTS 107 & & VAC 16 ALLEY LYG N & ADJ & W16.5 VAC ALLEY LYG E & ADJ & N33 VAC 3RD ST LYG S & ADJ AS DESC V9887/P385 LOT 108
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: College Community School District
  • Lat / Lon: 41.866093 / -91.645905
  • Subdivision: Western
  • Property Class: Residential
  • Zoning: VR
  • County Use Code: 101

Amenities

  • Plus Four: 1277
  • Garage: Attached Garage

HOA

  • H O A One: $325
  • H O A Amount: $325
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

1050 Marks Way has no associated ownership info
1050 Marks Way has no associated ownership info.

Taxes

1050 Marks Way has 10 associated Taxes items

1050 Marks Way, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $746,900. The APN we've located for 1050 Marks Way is 19344-27033-00000.

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Taxes
  • Assessed Value:  $746,900
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  19344-27033-00000
  • Assessed Land Value:  56800
  • Market Land Value:  56800
  • Tax Amount:  548
  • Tax Year:  2024
  • Market Value:  746900
  • Market Year:  2025

Tax History

1050 Marks Way has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $746,900 Land Value $56,800 Improvement Value $690,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $548 Change Rate -0.249315% Assessed CR Tax Rate
Year 2023 Assessed Value $42,600 Land Value $42,600 Improvement Value Tax Amount $730 Change Rate -0.99% Assessed CR Tax Rate +0.017136%
Year 2022 Assessed Value $48,200 Land Value $48,200 Improvement Value Tax Amount $73,000 Change Rate +100.388885% Assessed CR Tax Rate +1.514523%
Year 2021 Assessed Value $48,200 Land Value $48,200 Improvement Value Tax Amount $720 Change Rate +0.281139% Assessed CR Tax Rate +0.014938%
Year 2020 Assessed Value $35,200 Land Value $35,200 Improvement Value Tax Amount $562 Change Rate +0.021818% Assessed CR Tax Rate +0.015966%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $550 Change Rate Assessed CR Tax Rate