NOT LISTED FOR SALE

2602 Towne House Dr NE Cedar Rapids, IA 52402

Estimated Value: $239,685 - $248,000

4 Beds
2.5 Baths
1,796 Sq Ft
$136/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $218,000 $121 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,587/month

31 Days on Market

Highlights

  • Recreation Room
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of October 2022

Great location! One owner home! Located near Kennedy High School and Pierce Elementary School. Close to parks, splash pad, Twin Pines Golf Course. Great walking/jogging area. Hardwood floors in bedrooms. Finished bar in lower level with large family area great for entertaining. Fenced yard with pergola and patio access through lower-level walk-out. Within a mile of both 380 and Edgewood Road. All appliances stay. Eat-in kitchen and a formal dining room. New maintenance free gutters. Includes a stand-alone wood burning fireplace. Garden in the easement area with tomato plants, peppers, and Hosta Garden. The trickle of the backyard water fountain into what could be a Koi Pond is very soothing. Limited parking on the street during school hours. Buyer to verify square footage of TLA.

Last Agent to Sell the Property

Rick Blackwell

Realty ONE Group Impact Listed on: 08/16/2022

Last Buyer's Agent

Jeremy Trenkamp

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,446

Year Built

  • 1968

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Home Design

  • Split Foyer
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,446

Year Built

1968

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Acres: 0.1700
  • Above Grade Finished Sq Ft: 1286
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Formal Dining
  • Gross Tax: 3446
  • List User Cell Phone: 319-640-0715
  • Low Lvl Fin Sq Ft: 510
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 3246
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99317
  • Ratio Close Price By Original Li: 0.95824
  • Ratio Current Price By Sq Ft: 169.52
  • Total Sq Ft: 1796
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Family Room, Living Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Free Standing, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 10

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 488

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

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

Lot Info

  • Lot Size: 7,482

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2025
Sold by
Fraley Robert
Bought by
Clark Erica
Current Estimated Value
$243,421

Purchase Details

Listed on
Aug 16, 2022
Closed on
Oct 19, 2022
Sold by
Mary K Kidd Trust
Bought by
Fraley Robert and Clark Erica June
Seller's Agent
Rick Blackwell
Realty ONE Group Impact
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$227,500
Sold Price
$218,000
Premium/Discount to List
-$9,500
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$214,051
Interest Rate
6.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clark Erica -- None Listed On Document
Clark Erica -- None Listed On Document
Fraley Robert -- Security First Title
Fraley Robert $218,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fraley Robert $214,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $218,000 -0.7% $121 / Sq Ft
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®

Tax History Compared to Growth

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

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207766

Cedar Rapids Area Association of REALTORS®

APN: 14054-02007-00000