$650,000
PENDING $20K PRICE DROP

5304 Tower Terrace Rd Cedar Rapids, IA 52411

Estimated payment $3,808/month

Total Views 6,230
5 Beds
3 Baths
2,080 Sq Ft
$312 Price per Sq Ft

Highlights

  • 10.19 Acre Lot
  • Deck
  • Sun or Florida Room
  • John F. Kennedy High School Rated A-
  • Wooded Lot
  • No HOA

About This Home

*If you have specific questions about this property and you wish to speak to the listing agent please scroll on whatever site you're on to find my name and phone number, I'm not allowed to enter it here. The Best of Both Worlds—Acreage & Convenience! Enjoy peaceful country living just outside city limits and only minutes from downtown Cedar Rapids! This one-owner custom home sits on 10 scenic acres. Step inside to find gleaming hardwood floors and a welcoming living room featuring built-ins and a beautiful gas fireplace. Natural light fills every corner, creating a warm and inviting atmosphere throughout. The updated kitchen offers generous cabinetry and flows seamlessly into a large dining space. Just off the kitchen, step out to the 3-seasons porch or open deck, ideal for morning coffee or afternoon BBQs. A convenient kitchen closet is already equipped with laundry hookups.The main level also includes a fully updated bathroom and a spacious non-conforming room, perfect for a home office, guest room, or playroom. Upstairs, you’ll find five bedrooms and two beautifully updated bathrooms, including a primary suite with a double vanity and tiled shower. Each bedroom offers peaceful views of the property’s natural surroundings. If you’re looking for additional space, the basement is already framed and ready for your finishing touch. Storage is plentiful, with sheeted attic space in both the house and the oversized, drywalled, and insulated two-stall garage, along with ample closets throughout. A garden shed provides extra room for tools and equipment. Outside, enjoy mature trees, perennial landscaping, frequent wildlife sightings, and your own private walking trail through the back five acres of the forest reserves. Recent updates include a new sump pump, water heater, radon mitigation system, and pressure tank for the well. This is a rare opportunity to own a move-in ready acreage close to everything—privacy, nature, and convenience all in one. Welcome home!

Listing Agent

Jami Gordon

Pinnacle Realty LLC Listed on: 07/24/2025

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 1977

Lot Details

  • 10.19 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

  • Hiawatha Elementary School
  • Harding Middle School
  • Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11302-26001-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,330

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • Lot Size Acres: 10.19
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Range, Refrigerator, Water Softener Owned, Washer
  • ResoSecurityFeatures: Security System
  • Co List Office Phone: 319-393-0900
  • MLS Status: Pending
  • Directions: I380 to Tower Terrace Exit. Turn West. Property is on North Side.
  • Above Grade Finished Sq Ft: 2080.0
  • Architectural Style: Two Story
  • Reso Interior Features: Kitchen/Dining Combo, Bath in Primary Bedroom, Upper Level Primary
  • Unit Levels: Two
  • New Construction: No
  • ResoRoomType: Three Season
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete
  • Basement: Yes
  • Fireplace Features: Insert, Gas, Living Room
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Poured
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hiawatha
  • High School: Kennedy
  • Middle Or Junior School: Harding

Lot Info

  • Lot Dimensions: 443,876
  • ResoLotSizeUnits: Acres
  • Parcel Number: 11302-26001-00000

Tax Info

  • Tax Annual Amount: 4330.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $4,208 $414,900 $144,500 $270,400
2024 $4,800 $388,600 $149,000 $239,600
2023 $4,800 $388,600 $149,000 $239,600
2022 $4,742 $351,900 $149,000 $202,900
2021 $4,464 $351,900 $149,000 $202,900
2020 $4,464 $307,500 $100,200 $207,300
2019 $2,808 $202,500 $13,500 $189,000
2018 $2,744 $202,500 $13,500 $189,000
2017 $2,624 $188,500 $15,200 $173,300
2016 $2,694 $188,500 $15,200 $173,300
2015 $2,791 $195,700 $22,400 $173,300
2014 $2,646 $195,700 $22,400 $173,300
2013 $2,590 $195,700 $22,400 $173,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Pending -- -- --
08/18/2025 08/18/25 Price Changed $650,000 -3.0% $313 / Sq Ft
07/24/2025 07/24/25 For Sale $670,000 -- $322 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2506431

Cedar Rapids Area Association of REALTORS®

APN: 11302-26001-00000