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5400 Michael Dr; Cedar Rapids, IA Property Details

5400 Michael Dr, Cedar Rapids, IA is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 5400 Michael Dr has 4 bedrooms, and 4.5 bathrooms, and a total of 2,841 square feet. The lot size of 5400 Michael Dr is 45,738 square feet.

Off market
5400 Michael Dr NE Cedar Rapids, IA 52411
$316,000 Listing Price
4 Beds
4.5 Baths
2,841 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $316,000
  • Open Loans / Balance: 2 / $281,888
  • Est. Equity / %: $199,112 / 41.4%
  • Gross Yield: 9.306%
  • APN: 11312-51004-00000
  • Situs County: Linn
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Wood
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,841/SqFt
  • Lot: 45,738/SqFt
  • Attic: 696/SqFt
  • Gross: 4,262/SqFt
  • Living: 2,841/SqFt
  • Basement: 1,375/SqFt
  • Building: 4,142/SqFt
  • Ground: 2,071/SqFt
  • Basement Finished: 770/SqFt
  • Basement Unfinished: 605/SqFt
  • Price Per Square Foot: $111.23

Legal Description

  • Description: LOVERS LANE ESTATES STR/LB 3
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: 42.047634 / -91.71447
  • Subdivision: Lovers Lane Estates
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7920
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

5400 Michael Dr NE has no associated ownership info
5400 Michael Dr NE has no associated ownership info.

Taxes

5400 Michael Dr NE has 10 associated Taxes items

5400 Michael 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 $424,500. The APN we've located for 5400 Michael Dr is 11312-51004-00000.

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Taxes
  • Assessed Value:  $424,500
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  11312-51004-00000
  • Assessed Land Value:  75400
  • Market Land Value:  75400
  • Tax Amount:  6886
  • Tax Year:  2024
  • Market Value:  424500
  • Market Year:  2025

Tax History

5400 Michael Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $424,500 Land Value $75,400 Improvement Value $349,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,886 Change Rate -0.083333% Assessed CR Tax Rate
Year 2023 Assessed Value $399,600 Land Value $75,400 Improvement Value $324,200 Tax Amount $7,512 Change Rate -0.99% Assessed CR Tax Rate +0.018799%
Year 2022 Assessed Value $365,000 Land Value $60,300 Improvement Value $304,700 Tax Amount $751,200 Change Rate +116.632324% Assessed CR Tax Rate +2.058082%
Year 2021 Assessed Value $317,200 Land Value $60,300 Improvement Value $256,900 Tax Amount $6,386 Change Rate -0.020252% Assessed CR Tax Rate +0.020132%
Year 2020 Assessed Value $304,000 Land Value $50,300 Improvement Value $253,700 Tax Amount $6,518 Change Rate +0.091427% Assessed CR Tax Rate +0.021441%
Year 2019 Assessed Value $268,200 Land Value $50,300 Improvement Value $217,900 Tax Amount $5,972 Change Rate +0.098198% Assessed CR Tax Rate +0.022267%
Year 2018 Assessed Value $268,200 Land Value $50,300 Improvement Value $217,900 Tax Amount $5,438 Change Rate Assessed CR Tax Rate +0.020276%
Year 2017 Assessed Value $266,200 Land Value $50,300 Improvement Value $215,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $256,600 Land Value $50,300 Improvement Value $206,300 Tax Amount $5,453.33 Change Rate +0.010031% Assessed CR Tax Rate +0.021252%
Year 2015 Assessed Value $253,691 Land Value $50,250 Improvement Value $203,441 Tax Amount $5,399.17 Change Rate +0.035514% Assessed CR Tax Rate +0.021282%
Year 2014 Assessed Value $253,691 Land Value $50,250 Improvement Value $203,441 Tax Amount $5,214 Change Rate +0.023155% Assessed CR Tax Rate +0.020553%
Year 2013 Assessed Value $253,691 Land Value $50,250 Improvement Value $203,441 Tax Amount $5,096 Change Rate Assessed CR Tax Rate +0.020087%