$2,350,000
SOLD JAN 31, 2020

6620 Preston Terrace Ct SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood
-- Bed
-- Bath
1,238 Sq Ft
2.9 Acres

Recently Sold

$1,898 Per Sq Ft

7% Above List Price

0 Day on Market

About This Home

As of January 2020

This home is located at 6620 Preston Terrace Ct SW, Cedar Rapids, IA 52404 and is currently priced at $2,350,000, approximately $1,898 per square foot. This property was built in 2001. 6620 Preston Terrace Ct SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 12/06/2019

Realty87

Last Buyer's Agent

Jeremy Trenkamp

Realty87 Listed on: 12/06/2019

Realty87

Property Details

Home Type

  • Multi-Family

Year Built

  • 2001

Home Design

  • 1,238 Sq Ft Home

Community Details

  • Gross Income $287,280
  • Net Operating Income $176,653

Property Details

Home Type

Multi-Family

Year Built

2001

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • List User Cell Phone: 319-270-1323
  • Noof Units Four Bedroom: 20
  • Noof Units Three Bedroom: 3
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.06818
  • Ratio Close Price By Original Li: 1.06818
  • Ratio Current Price By Sq Ft: 1898.22
  • Total Sq Ft: 1238
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2001

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: Irregular

Rental Info

  • Total Expenses: 110627

Multi Family

  • Gross Income: 287280
  • Net Operating Income: 176653.00

Range of Values:

Collateral Analytics

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $6,500,000 0.0% --
08/07/2023 08/07/23 For Rent $475 0.0% --
06/24/2023 06/24/23 For Rent $475 0.0% --
06/14/2023 06/14/23 For Rent $475 0.0% --
12/28/2022 12/28/22 Price Changed $475 +11.8% --
08/23/2022 08/23/22 For Rent $425 0.0% --
01/31/2020 01/31/20 Sold $2,350,000 +6.8% $1,898 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $2,200,000 -- $1,777 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tiffany Earl-Williams

    Seller's Agent in 2025

    Tiffany Earl-Williams

    SKOGMAN REALTY COMMERCIAL

    (319) 651-8165

    94 Total Sales

    Tiffany Earl-Williams
    Section Image
  • Josh Seamans

    Seller Co-Listing Agent in 2025

    Josh Seamans

    SKOGMAN REALTY COMMERCIAL

    (319) 213-4884

    21 Total Sales

    Josh Seamans
    Section Image
  • Jeremy Trenkamp

    Seller's Agent in 2020

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    10 in this area

    827 Total Sales

    Jeremy Trenkamp
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908638

Cedar Rapids Area Association of REALTORS®
Iowa Linn County Cedar Rapids 52404 Lincolnway Village

6620 Preston Terrace Ct SW, Cedar Rapids, IA

This home is located at 6620 Preston Terrace Ct SW, Cedar Rapids, IA 52404 and is currently priced at $2,350,000, approximately $1,898 per square foot. This property was built in 2001. 6620 Preston Terrace Ct SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for 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 deemed reliable but not guaranteed.

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