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409 Hobbit Dr; Cedar Rapids, IA Property Details

409 Hobbit Dr, Cedar Rapids, IA is a Single Family that was built in 1988. This property is not for sale. Our records show that 409 Hobbit Dr has 4 bedrooms, and 4.5 bathrooms, and a total of 3,591 square feet. The lot size of 409 Hobbit Dr is 31,711 square feet.

Off market
409 Hobbit Dr SE Cedar Rapids, IA 52403
$395,000 Estimated Value
4 Beds
4.5 Baths
3,591 SqFt
Property Details

Summary

  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1988
  • Est. Equity / %: $508,000 / 100%
  • Gross Yield: 8.239%
  • APN: 14244-27008-00000
  • Situs County: Linn

Rooms

  • Bedrooms: 4
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Tile
  • Stories: 2
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 3,591/SqFt
  • Lot: 31,711/SqFt
  • Gross: 4,131/SqFt
  • Living: 3,591/SqFt
  • Basement: 1,248/SqFt
  • Building: 3,906/SqFt
  • Ground: 2,658/SqFt
  • Basement Finished: 933/SqFt
  • Basement Unfinished: 315/SqFt

Legal Description

  • Description: RABBIT RUN ESTATES STR/LB 6
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: 41.98286 / -91.6065
  • Subdivision: Rabbit Run Estates
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2072
  • Bathroom Fixtures: 15
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $480
  • H O A Amount: $480
  • H O A One Frequency: Annual
  • H O A One Name: Rabbit Run Estates Homeowners Assoc Inc
  • H O A One Type: Home Owner Association

Ownership Info

409 Hobbit Dr SE has no associated ownership info
409 Hobbit Dr SE has no associated ownership info.

Taxes

409 Hobbit Dr SE has 10 associated Taxes items

409 Hobbit 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 $395,000. The APN we've located for 409 Hobbit Dr is 14244-27008-00000.

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Taxes
  • Assessed Value:  $395,000
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14244-27008-00000
  • Assessed Land Value:  75400
  • Market Land Value:  75400
  • Tax Amount:  6688
  • Tax Year:  2024
  • Market Value:  395000
  • Market Year:  2025

Tax History

409 Hobbit Dr SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $395,000 Land Value $75,400 Improvement Value $319,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $395,400 Land Value $75,400 Improvement Value $320,000 Tax Amount $6,688 Change Rate -0.066443% Assessed CR Tax Rate +0.016915%
Year 2023 Assessed Value $395,400 Land Value $75,400 Improvement Value $320,000 Tax Amount $7,164 Change Rate -0.99% Assessed CR Tax Rate +0.018118%
Year 2022 Assessed Value $348,500 Land Value $68,500 Improvement Value $280,000 Tax Amount $716,400 Change Rate +110.90253% Assessed CR Tax Rate +2.055667%
Year 2021 Assessed Value $318,000 Land Value $68,500 Improvement Value $249,500 Tax Amount $6,402 Change Rate -0.09474% Assessed CR Tax Rate +0.020132%
Year 2020 Assessed Value $329,100 Land Value $68,500 Improvement Value $260,600 Tax Amount $7,072 Change Rate -0.054545% Assessed CR Tax Rate +0.021489%
Year 2019 Assessed Value $350,800 Land Value $68,500 Improvement Value $282,300 Tax Amount $7,480 Change Rate +0.082489% Assessed CR Tax Rate +0.021323%
Year 2018 Assessed Value $350,800 Land Value $68,500 Improvement Value $282,300 Tax Amount $6,910 Change Rate Assessed CR Tax Rate +0.019698%
Year 2017 Assessed Value $310,800 Land Value $68,500 Improvement Value $242,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $300,000 Land Value $68,500 Improvement Value $231,500 Tax Amount $6,377.33 Change Rate -0.047473% Assessed CR Tax Rate +0.021258%
Year 2015 Assessed Value $314,650 Land Value $68,513 Improvement Value $246,137 Tax Amount $6,695.17 Change Rate +0.028444% Assessed CR Tax Rate +0.021278%
Year 2014 Assessed Value $314,312 Land Value $68,513 Improvement Value $245,799 Tax Amount $6,510 Change Rate +0.023585% Assessed CR Tax Rate +0.020712%
Year 2013 Assessed Value $314,312 Land Value $68,513 Improvement Value $245,799 Tax Amount $6,360 Change Rate Assessed CR Tax Rate +0.020235%