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5626 Tower Terrace Rd; Cedar Rapids, IA Property Details

5626 Tower Terrace Rd, Cedar Rapids, IA is a Single Family that was built in 1997. This property is currently Financed and is not for sale. Our records show that 5626 Tower Terrace Rd has 5 bedrooms, and 4.5 bathrooms, and a total of 2,875 square feet. The lot size of 5626 Tower Terrace Rd is 64,468 square feet.

Off market
5626 Tower Terrace Rd Cedar Rapids, IA 52411
$350,000 Listing Price
5 Beds
4.5 Baths
2,875 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1997
  • Purchase Price: $350,000
  • Open Loans / Balance: 1 / $198,378
  • Est. Equity / %: $404,622 / 67.1%
  • Gross Yield: 12.221%
  • APN: 12244-77006-00000
  • Situs County: Linn
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Total Rooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Ceramic
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 2,875/SqFt
  • Lot: 64,468/SqFt
  • Gross: 2,875/SqFt
  • Garage: 768/SqFt
  • Living: 2,875/SqFt
  • Basement: 696/SqFt
  • Building: 2,875/SqFt
  • Ground: 696/SqFt
  • Price Per Square Foot: $121.74

Legal Description

  • Description: SPRING CREEK 1ST LOT 6
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: A / High Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 42.066982 / -91.717804
  • Subdivision: Spring Creek
  • Property Class: Residential
  • Zoning: USR
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7999
  • Bathroom Fixtures: 11
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

5626 Tower Terrace Rd has no associated ownership info
5626 Tower Terrace Rd has no associated ownership info.

Taxes

5626 Tower Terrace Rd has 10 associated Taxes items

5626 Tower Terrace Rd, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $643,000. The APN we've located for 5626 Tower Terrace Rd is 12244-77006-00000.

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Taxes
  • Assessed Value:  $643,000
  • Assessed Year:  2026
  • Assessed County:  Linn
  • APN:  12244-77006-00000
  • Assessed Land Value:  110000
  • Market Land Value:  110000
  • Tax Amount:  6648
  • Tax Year:  2025
  • Market Value:  643000
  • Market Year:  2026

Tax History

5626 Tower Terrace Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $643,000 Land Value $110,000 Improvement Value $533,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,648 Change Rate +0.02403% Assessed CR Tax Rate
Year 2024 Assessed Value $575,700 Land Value $110,000 Improvement Value $465,700 Tax Amount $6,492 Change Rate +0.021076% Assessed CR Tax Rate +0.011277%
Year 2023 Assessed Value $569,600 Land Value $110,000 Improvement Value $459,600 Tax Amount $6,358 Change Rate -0.99% Assessed CR Tax Rate +0.011162%
Year 2022 Assessed Value $458,800 Land Value $110,000 Improvement Value $348,800 Tax Amount $635,800 Change Rate +100.20981% Assessed CR Tax Rate +1.385789%
Year 2021 Assessed Value $458,800 Land Value $110,000 Improvement Value $348,800 Tax Amount $6,282 Change Rate -0.027253% Assessed CR Tax Rate +0.013692%
Year 2020 Assessed Value $436,200 Land Value $84,800 Improvement Value $351,400 Tax Amount $6,458 Change Rate +0.022159% Assessed CR Tax Rate +0.014805%
Year 2019 Assessed Value $436,200 Land Value $84,800 Improvement Value $351,400 Tax Amount $6,318 Change Rate +0.09308% Assessed CR Tax Rate +0.014484%
Year 2018 Assessed Value $408,000 Land Value $84,800 Improvement Value $323,200 Tax Amount $5,780 Change Rate Assessed CR Tax Rate +0.014167%
Year 2017 Assessed Value $389,300 Land Value $84,800 Improvement Value $304,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $391,500 Land Value $84,800 Improvement Value $306,700 Tax Amount $5,776.63 Change Rate -0.006294% Assessed CR Tax Rate +0.014755%
Year 2015 Assessed Value $391,500 Land Value $84,800 Improvement Value $306,700 Tax Amount $5,813.22 Change Rate +0.022734% Assessed CR Tax Rate +0.014849%
Year 2014 Assessed Value $391,500 Land Value $84,800 Improvement Value $306,700 Tax Amount $5,684 Change Rate +0.020467% Assessed CR Tax Rate +0.014519%
Year 2013 Assessed Value $391,500 Land Value $84,800 Improvement Value $306,700 Tax Amount $5,570 Change Rate Assessed CR Tax Rate +0.014227%