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For sale
  • $235,000

    2602 Towne House Dr NE, Cedar Rapids, IA 52402

    4beds
    1,796sqft
    : 
    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
    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.
    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#: 2509618MLS LogoOriginating 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
    DateEventPrice
    12/5/2025Listed for sale$235,000+7.8%$131/sqft
    Source: CRAAR, CDRMLS #2509618 Report a problem
    10/21/2022Sold$218,000-0.7%$121/sqft
    Source: CRAAR, CDRMLS #2207766 Report a problem
    9/16/2022Pending sale$219,500$122/sqft
    Source: CRAAR, CDRMLS #2207766 Report a problem
    9/8/2022Price change$219,500-3.5%$122/sqft
    Source: CRAAR, CDRMLS #2207766 Report a problem
    8/16/2022Listed for sale$227,500$127/sqft
    Source: CRAAR, CDRMLS #2207766 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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