5515 W Mustang Rd Cedar Rapids, IA 52411
Estimated payment $3,570/month
Highlights
- Deck
- Recreation Room
- Main Floor Primary Bedroom
- John F. Kennedy High School Rated A-
- Vaulted Ceiling
- Hydromassage or Jetted Bathtub
About This Home
Seller offering a $15,000 credit at closing to be used for closing costs, prepaids, rate buy down, or decorating allowance. Spacious and well-maintained two-story home on a beautiful 1-acre lot in a highly desirable neighborhood! This 4-bedroom home offers a main floor primary suite with a whirlpool tub, a large laundry room, and a kitchen designed for both function and style—featuring Cambria quartz countertops, a breakfast bar, built-in hutch, and formal dining room. Upstairs you’ll find three generously sized bedrooms and a full bath. The finished lower level includes daylight windows, a large rec room, non-conforming bedroom, and an office with built-in bookshelves—perfect for remote work or hobbies. The 3-stall garage provides plenty of space for vehicles and storage. Recent updates include newer HVAC, water heaters, dishwasher, water softener, and a constant pressure system for the well. Well water fee varies based on use (typically around $120/year). Electric averages $219 per month, gas $77 per month. Located in a top-rated school district and just minutes from shopping, dining, and everyday conveniences—this home checks all the boxes for comfort, space, and location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,636
Year Built
- Built in 1998
Lot Details
- 1 Acre Lot
- Electric Fence
Parking
- 3 Car Attached Garage
- Garage Door Opener
- On-Street Parking
Home Design
- Brick Exterior Construction
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Central Vacuum
- Vaulted Ceiling
- Gas Fireplace
- Great Room with Fireplace
- Formal Dining Room
- Den
- Recreation Room
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Laundry on main level
Schools
- Viola Gibson Elementary School
- Harding Middle School
- Kennedy High School
Utilities
- Whole House Fan
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Shared Well
- Gas Water Heater
- Water Softener is Owned
Additional Features
- Deck
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 113035300300000
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,576 | $532,000 | $90,000 | $442,000 |
| 2024 | $8,752 | $464,400 | $90,000 | $374,400 |
| 2023 | $8,752 | $447,200 | $90,000 | $357,200 |
| 2022 | $8,594 | $427,200 | $90,000 | $337,200 |
| 2021 | $8,490 | $427,200 | $90,000 | $337,200 |
| 2020 | $8,490 | $396,700 | $80,000 | $316,700 |
| 2019 | $7,752 | $368,200 | $75,000 | $293,200 |
| 2018 | $7,534 | $368,200 | $75,000 | $293,200 |
| 2017 | $6,793 | $371,400 | $75,000 | $296,400 |
| 2016 | $6,793 | $319,600 | $75,000 | $244,600 |
| 2015 | $6,773 | $318,350 | $75,000 | $243,350 |
| 2014 | $6,588 | $318,350 | $75,000 | $243,350 |
| 2013 | $6,444 | $318,350 | $75,000 | $243,350 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2025 10/24/25 | Price Changed | $525,000 | -2.8% | $152 / Sq Ft | |
| 08/25/2025 08/25/25 | For Sale | $540,000 | +34.3% | $156 / Sq Ft | |
| 06/13/2019 06/13/19 | Sold | $402,000 | 0.0% | $116 / Sq Ft | View Prior Sale |
| 05/03/2019 05/03/19 | Pending | -- | -- | -- | |
| 04/29/2019 04/29/19 | For Sale | $402,000 | -- | $116 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $402,000 | None Available | |
| Warranty Deed | $303,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,000 | New Conventional |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2507258
APN: 11303-53003-00000
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