Large Location Icon

551 Vernon Dr; Cedar Rapids, IA Property Details

551 Vernon Dr, Cedar Rapids, IA is a Single Family that was built in 1922. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 551 Vernon Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,928 square feet. The lot size of 551 Vernon Dr is 7,579 square feet.

Off market
551 Vernon Dr SE Cedar Rapids, IA 52403
$131,000 Listing Price
3 Beds
1.5 Baths
1,928 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1922
  • Est. Equity / %: $228,000 / 100%
  • Gross Yield: 12.905%
  • APN: 14233-56001-00000
  • Situs County: Linn
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Ceramic
  • Stories: 2
  • Exterior Wall Type: Wood
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Gambrel
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,928/SqFt
  • Lot: 7,579/SqFt
  • Gross: 2,822/SqFt
  • Living: 1,928/SqFt
  • Basement: 864/SqFt
  • Building: 2,792/SqFt
  • Ground: 1,928/SqFt

Legal Description

  • Description: VERNON HEIGHTS 8TH S 80 STR/LB 1 33
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: 41.97723 / -91.63672
  • Subdivision: Vernon Heights 8th
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2746
  • Bathroom Fixtures: 5
  • Cooling: None
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

551 Vernon Dr SE has no associated ownership info
551 Vernon Dr SE has no associated ownership info.

Taxes

551 Vernon Dr SE has 10 associated Taxes items

551 Vernon 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 $169,000. The APN we've located for 551 Vernon Dr is 14233-56001-00000.

Unlock the full report
Taxes
  • Assessed Value:  $169,000
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14233-56001-00000
  • Assessed Land Value:  51000
  • Market Land Value:  51000
  • Tax Amount:  2576
  • Tax Year:  2024
  • Market Value:  169000
  • Market Year:  2025

Tax History

551 Vernon Dr SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $169,000 Land Value $51,000 Improvement Value $118,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $140,100 Land Value $42,500 Improvement Value $97,600 Tax Amount $2,576 Change Rate -0.167959% Assessed CR Tax Rate +0.018387%
Year 2023 Assessed Value $145,600 Land Value $42,500 Improvement Value $103,100 Tax Amount $3,096 Change Rate -0.99% Assessed CR Tax Rate +0.021264%
Year 2022 Assessed Value $146,800 Land Value $39,100 Improvement Value $107,700 Tax Amount $309,600 Change Rate +100.77515% Assessed CR Tax Rate +2.108992%
Year 2021 Assessed Value $146,800 Land Value $39,100 Improvement Value $107,700 Tax Amount $3,042 Change Rate +0.062893% Assessed CR Tax Rate +0.020722%
Year 2020 Assessed Value $129,700 Land Value $34,000 Improvement Value $95,700 Tax Amount $2,862 Change Rate +0.133914% Assessed CR Tax Rate +0.022066%
Year 2019 Assessed Value $138,800 Land Value $34,000 Improvement Value $104,800 Tax Amount $2,524 Change Rate -0.023975% Assessed CR Tax Rate +0.018184%
Year 2018 Assessed Value $138,800 Land Value $34,000 Improvement Value $104,800 Tax Amount $2,586 Change Rate Assessed CR Tax Rate +0.018631%
Year 2017 Assessed Value $136,900 Land Value $34,000 Improvement Value $102,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $131,900 Land Value $34,000 Improvement Value $97,900 Tax Amount $2,733.33 Change Rate -0.158242% Assessed CR Tax Rate +0.020723%
Year 2015 Assessed Value $155,923 Land Value $54,400 Improvement Value $101,523 Tax Amount $3,247.17 Change Rate +0.060474% Assessed CR Tax Rate +0.020825%
Year 2014 Assessed Value $155,923 Land Value $54,400 Improvement Value $101,523 Tax Amount $3,062 Change Rate +0.02408% Assessed CR Tax Rate +0.019638%
Year 2013 Assessed Value $155,923 Land Value $54,400 Improvement Value $101,523 Tax Amount $2,990 Change Rate Assessed CR Tax Rate +0.019176%