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5510 Michael Dr; Cedar Rapids, IA Property Details

5510 Michael Dr, Cedar Rapids, IA is a Single Family that was built in 2024. This property is currently a cash purchase and is not for sale. Our records show that 5510 Michael Dr has a total of 3,947 square feet. The lot size of 5510 Michael Dr is 46,609 square feet.

Off market
5510 Michael Dr NE Cedar Rapids, IA 52411
$182,900 Estimated Value
3,947 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2024
  • Purchase Price: $95,000
  • Open Loans / Balance: 1 / $588,183
  • Est. Equity / %: $-209,183 / -55.19%
  • Gross Yield: 2.561%
  • APN: 11312-52002-00000
  • Situs County: Linn
  • Length Of Ownership: 2 years, 2 months

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Fair

Measurements

  • Total: 3,947/SqFt
  • Lot: 46,609/SqFt
  • Gross: 5,801/SqFt
  • Living: 3,947/SqFt
  • Basement: 1,854/SqFt
  • Building: 5,801/SqFt
  • Ground: 3,947/SqFt
  • Price Per Square Foot: $24.07

Legal Description

  • Description: LOVERS LANE ESTATES STR/LB 1
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: 42.04764 / -91.71591
  • Subdivision: Lovers Lane Estates
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 8036

Ownership Info

5510 Michael Dr NE has no associated ownership info
5510 Michael Dr NE has no associated ownership info.

Taxes

5510 Michael Dr NE has 10 associated Taxes items

5510 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 $182,900. The APN we've located for 5510 Michael Dr is 11312-52002-00000.

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Taxes
  • Assessed Value:  $182,900
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  11312-52002-00000
  • Assessed Land Value:  75500
  • Market Land Value:  75500
  • Tax Amount:  1336
  • Tax Year:  2024
  • Market Value:  182900
  • Market Year:  2025

Tax History

5510 Michael Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $182,900 Land Value $75,500 Improvement Value $107,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $75,500 Land Value $75,500 Improvement Value Tax Amount $1,336 Change Rate +0.048666% Assessed CR Tax Rate +0.017695%
Year 2023 Assessed Value $75,500 Land Value $75,500 Improvement Value Tax Amount $1,274 Change Rate -0.99% Assessed CR Tax Rate +0.016874%
Year 2022 Assessed Value $60,400 Land Value $60,400 Improvement Value Tax Amount $127,400 Change Rate +100.75719% Assessed CR Tax Rate +2.109272%
Year 2021 Assessed Value $60,400 Land Value $60,400 Improvement Value Tax Amount $1,252 Change Rate +0.125899% Assessed CR Tax Rate +0.020728%
Year 2020 Assessed Value $50,400 Land Value $50,400 Improvement Value Tax Amount $1,112 Change Rate +0.027726% Assessed CR Tax Rate +0.022063%
Year 2019 Assessed Value $50,400 Land Value $50,400 Improvement Value Tax Amount $1,082 Change Rate +0.024621% Assessed CR Tax Rate +0.021468%
Year 2018 Assessed Value $50,400 Land Value $50,400 Improvement Value Tax Amount $1,056 Change Rate Assessed CR Tax Rate +0.020952%
Year 2017 Assessed Value $50,400 Land Value $50,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $50,400 Land Value $50,400 Improvement Value Tax Amount $1,072 Change Rate Assessed CR Tax Rate +0.02127%
Year 2015 Assessed Value $50,350 Land Value $50,350 Improvement Value Tax Amount $1,072 Change Rate Assessed CR Tax Rate +0.021291%
Year 2014 Assessed Value $50,350 Land Value $50,350 Improvement Value Tax Amount $1,072 Change Rate +0.022901% Assessed CR Tax Rate +0.021291%
Year 2013 Assessed Value $50,350 Land Value $50,350 Improvement Value Tax Amount $1,048 Change Rate Assessed CR Tax Rate +0.020814%