$235,000

2602 Towne House Dr NE Cedar Rapids, IA 52402

Estimated payment $1,546/month

Total Views 1,979
4 Beds
2.5 Baths
1,796 Sq Ft
$131 Price per Sq Ft

Highlights

  • Recreation Room
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • John F. Kennedy High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

Diamond in the rough. Rare opportunity, in quiet NE neighborhood, for 4 bedroom 2 1/2 bath home. Large open spaces give unlimited potential for design ,living options, and instant equity for anyone willing to finish up started updates. As you walk in the front door you enter into a large entry way perfect for a drop zone. Large 2 stall garage to your right with tucked away man/woman cave space or work shop area. To your left, a few steps to main floor or a few steps to down stairs to a large open bright basement. The kitchen has been opened up to the dining room and an area for island has been framed out. There is new flooring throughout main living level. Unique built ins and stained glass window add charm. Primary bedroom has half bath ensuite. Basement has had new drywall and corrugated metal accents for rustic yet clean look. Walk out basement leads to large fenced back yard with additional open space past fencing. Backs to open land. The mixture of the charm of the original build with a modern feel. Ready for the floor of your choice. This home is move in ready with a few finishing touches needed to make it your own.
List price has been adjusted to account for finishes needed.

Listing Agent

Jeannie Rice

Realty87 Listed on: 12/05/2025

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,765

Year Built

  • Built in 1968

Lot Details

  • 7,492 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Split Foyer
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Pierce Elementary School
  • Franklin Middle School
  • Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14054-02007-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,765

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.172
  • NAV29_Unit_1_Appliances: Dryer, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Reso Pets Allowed: Yes
  • Co List Office Phone: 319-378-8760
  • MLS Status: Active
  • Directions: W 42nd St NE, N Wenig RD NE, W Town House Dr NE
  • Above Grade Finished Sq Ft: 1286.0
  • Architectural Style: Split-Foyer
  • Reso Interior Features: Dining Area, Separate/Formal Dining Room, Bath in Primary Bedroom, Main Level Primary
  • Unit Levels: Multi/Split
  • New Construction: No
  • ResoRoomType: Family Room, Recreation
  • Year Built: 1968
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 510.0

Exterior Features

  • Construction Type: Aluminum Siding, Frame
  • Exterior Features: Fence
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Guest, Off Street, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pierce
  • High School: Kennedy
  • Middle Or Junior School: Franklin

Lot Info

  • Lot Dimensions: 7,482
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14054-02007-00000

Tax Info

  • Tax Annual Amount: 3765.0

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,566 $206,300 $43,100 $163,200
2024 $3,426 $207,900 $39,900 $168,000
2023 $3,426 $201,500 $35,100 $166,400
2022 $3,188 $171,300 $35,100 $136,200
2021 $3,246 $162,900 $33,500 $129,400
2020 $3,246 $155,700 $27,100 $128,600
2019 $2,976 $146,600 $27,100 $119,500
2018 $2,890 $146,600 $27,100 $119,500
2017 $2,921 $145,300 $27,100 $118,200
2016 $2,921 $137,400 $27,100 $110,300
2015 $2,995 $140,717 $25,542 $115,175
2014 $2,810 $140,717 $25,542 $115,175
2013 $2,744 $140,717 $25,542 $115,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 For Sale $235,000 +7.8% $131 / Sq Ft
10/21/2022 10/21/22 Sold $218,000 -0.7% $121 / Sq Ft View Prior Sale
09/16/2022 09/16/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $219,500 -3.5% $122 / Sq Ft
08/16/2022 08/16/22 For Sale $227,500 -- $127 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Security First Title
Warranty Deed $218,000 Security First Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $214,051 FHA
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2509618

Cedar Rapids Area Association of REALTORS®

APN: 14054-02007-00000