Discover the rare opportunity to own a 4-bedroom, 2.5-bathroom home nestled in a quiet, sought-after Northeast neighborhood! This is the perfect chance to gain instant equity by completing the final touches on updates that have already begun. As you enter the spacious front entryway, you'll appreciate the open layout and the potential for a dedicated drop zone. The main floor boasts large, open living spaces with newly installed flooring, featuring charming touches like unique built-ins and a classic stained glass window. The kitchen has been expertly opened to the dining room, with an area framed out and ready for the island of your dreams! The primary bedroom offers a convenient half-bath ensuite. Downstairs, the bright, expansive walk-out basement has been dramatically updated with fresh drywall and unique corrugated metal accents, providing a rustic yet clean foundation for your final flooring choice. The large, fenced backyard backs directly to open land, offering privacy and extended green space. With a list price adjusted to account for the few finishing touches needed, this home is move-in ready and perfectly poised for you to personalize and immediately increase its value.
For sale
$235,000
2602 Towne House Dr NE, Cedar Rapids, IA 52402
4beds
1,796sqft
Est.:
Single Family Residence
Built in 1968
7,492.32 Square Feet Lot
$231,600 Zestimate®
$131/sqft
$-- HOA
What's special
Unique built-insUnique corrugated metal accentsOpen layoutClassic stained glass windowFresh drywallNewly installed flooringSpacious front entryway
- 18 days |
- 1,476 |
- 64 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 21, 2025 at 11:30am
Listed by:
Jeannie Rice 319-550-5700,
Realty87
Source: CRAAR, CDRMLS,MLS#: 2509618
Originating MLS: Cedar Rapids Area Association Of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room, Recreation
Other
- Level: First
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Features
- Dining Area, Separate/Formal Dining Room, Bath in Primary Bedroom, Main Level Primary
- Basement: Full
Interior area
- Total interior livable area: 1,796 sqft
- Finished area above ground: 1,286
- Finished area below ground: 510
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Guest, Off Street, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Patio & porch: Patio
- Exterior features: Fence
Lot
- Size: 7,492.32 Square Feet
- Dimensions: 7,482
Details
- Parcel number: 140540200700000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split-Foyer
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Frame
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $207,900
- Annual tax amount: $3,765
- Date on market: 12/5/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$231,600
$220,000 - $243,000
$2,069/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $235,000+7.8%$131/sqft |
Source: | ||
| 10/21/2022 | Sold | $218,000-0.7%$121/sqft |
Source: | ||
| 9/16/2022 | Pending sale | $219,500$122/sqft |
Source: | ||
| 9/8/2022 | Price change | $219,500-3.5%$122/sqft |
Source: | ||
| 8/16/2022 | Listed for sale | $227,500$127/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,566 +4.1% | $207,900 +3.2% |
| 2023 | $3,426 +7.5% | $201,500 +17.6% |
| 2022 | $3,188 -1.8% | $171,300 +5.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,302/mo
Principal & interest
$911
Property taxes
$309
Home insurance
$82
Climate risks
Neighborhood: 52402
Nearby schools
GreatSchools rating
- 5/10Pierce Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Franklin Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10John F Kennedy High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Pierce
- Middle: Franklin
- High: Kennedy
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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