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2971 Falcon Dr; Cedar Rapids, IA Property Details

2971 Falcon Dr, Cedar Rapids, IA is a Single Family that was built in 1987. This property is currently a cash purchase and is not for sale. Our records show that 2971 Falcon Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 2,647 square feet. The lot size of 2971 Falcon Dr is 13,677 square feet.

Off market
2971 Falcon Dr NE Cedar Rapids, IA 52402
$227,000 Listing Price
4 Beds
3.5 Baths
2,647 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $132,000
  • Open Loans / Balance: 1 / $198,351
  • Est. Equity / %: $151,649 / 43.33%
  • Gross Yield: 10.183%
  • APN: 14081-32008-00000
  • Situs County: Linn
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Wood
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,647/SqFt
  • Lot: 13,677/SqFt
  • Gross: 3,489/SqFt
  • Living: 2,647/SqFt
  • Basement: 842/SqFt
  • Building: 3,489/SqFt
  • Ground: 2,647/SqFt
  • Price Per Square Foot: $49.87

Legal Description

  • Description: NORTHWOOD HILLS 9TH LOT 24 & E 15.53 ON N LN BNG 10.13 ON S LN LOT 25 & NORTHWOOD HILLS 12TH LOT C STR/LB
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 42.018616 / -91.684685
  • Subdivision: Northwood Hills 9th
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2674
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

2971 Falcon Dr NE has no associated ownership info
2971 Falcon Dr NE has no associated ownership info.

Taxes

2971 Falcon Dr NE has 10 associated Taxes items

2971 Falcon Dr, 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 $309,200. The APN we've located for 2971 Falcon Dr is 14081-32008-00000.

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Taxes
  • Assessed Value:  $309,200
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14081-32008-00000
  • Assessed Land Value:  65600
  • Market Land Value:  65600
  • Tax Amount:  5108
  • Tax Year:  2024
  • Market Value:  309200
  • Market Year:  2025

Tax History

2971 Falcon Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $309,200 Land Value $65,600 Improvement Value $243,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $299,100 Land Value $65,600 Improvement Value $233,500 Tax Amount $5,108 Change Rate -0.07964% Assessed CR Tax Rate +0.017078%
Year 2023 Assessed Value $299,100 Land Value $65,600 Improvement Value $233,500 Tax Amount $5,550 Change Rate -0.99% Assessed CR Tax Rate +0.018556%
Year 2022 Assessed Value $272,000 Land Value $59,100 Improvement Value $212,900 Tax Amount $555,000 Change Rate +103.48042% Assessed CR Tax Rate +2.040441%
Year 2021 Assessed Value $265,400 Land Value $52,500 Improvement Value $212,900 Tax Amount $5,312 Change Rate -0.066104% Assessed CR Tax Rate +0.020015%
Year 2020 Assessed Value $257,800 Land Value $52,500 Improvement Value $205,300 Tax Amount $5,688 Change Rate +0.087572% Assessed CR Tax Rate +0.022064%
Year 2019 Assessed Value $237,300 Land Value $43,800 Improvement Value $193,500 Tax Amount $5,230 Change Rate +0.091858% Assessed CR Tax Rate +0.02204%
Year 2018 Assessed Value $237,300 Land Value $43,800 Improvement Value $193,500 Tax Amount $4,790 Change Rate Assessed CR Tax Rate +0.020185%
Year 2017 Assessed Value $238,700 Land Value $43,800 Improvement Value $194,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $232,500 Land Value $43,800 Improvement Value $188,700 Tax Amount $4,941.33 Change Rate -0.09253% Assessed CR Tax Rate +0.021253%
Year 2015 Assessed Value $255,924 Land Value $43,757 Improvement Value $212,167 Tax Amount $5,445.17 Change Rate +0.035203% Assessed CR Tax Rate +0.021277%
Year 2014 Assessed Value $267,091 Land Value $43,757 Improvement Value $223,334 Tax Amount $5,260 Change Rate -0.021577% Assessed CR Tax Rate +0.019694%
Year 2013 Assessed Value $267,091 Land Value $43,757 Improvement Value $223,334 Tax Amount $5,376 Change Rate Assessed CR Tax Rate +0.020128%