Sold in 47 Days

506 Memorial Dr SE, Cedar Rapids, IA, 52403

Closed On : Thu Aug 08 2024

$165,000

green-arrow-pointing-up$50 Above Asking

List Price : $164,950
3 Bedrooms
1 Full Bath
1,476 SqFt
House

Location

Image provided by Mapbox

Comparable Homes

Price Details

Housing Market Comparison

See how this home compares to others in Cedar Rapids, IA.

Med. Sold Price

$195.8K

Med. Price/SqFt

$127

Avg. Days On Market

28

# of Sold Homes

162

506 Memorial Dr SE vs Cedar Rapids

185 DAYS ON ROCKET

+157 Days

$165,000

-$30.8K Less

KEY TAKEAWAY

This property is $30.8K less than the Median Sold Price in Cedar Rapids, IA.

Based on homes sold in the last 12 months

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 18, 2019Home Sold
$79,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,414$109,400
2018$2,222$106,000

History based on county public records data.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-812673
1
/10
  • Grant Wood Elementary School

  • 645 26th St SE

  • 0.28 miles

  • Public District Grades KG-5

Middle School

school-card-donut-812674
2
/10
  • McKinley Middle School

  • 620 10th St SE

  • 1.32 miles

  • Public District Grades 6-8

High School

school-card-donut-812675
3
/10
  • George Washington High School

  • 2205 Forest Dr SE

  • 1.09 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,708. The most common annual income of people living in Cedar Rapids, IA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesIowaLinn CountyCedar Rapids52403506 Memorial Dr SE

Cedar Rapids, IA housing market in September 2024 saw over 28 listings sold above listed price, more than 41 sold at listed price and over 93 sold below. Between August 2024 and September 2024, Cedar Rapids, IA real estate market has seen decrease in the number of listings by 2.6%. In September 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $195,844.

From Rocket Homes Real Estate and based on county public records data.

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