Sold for $272,300 on 10/06/25
$272,300
5040 Wagner Rd, Central City, IA 52214
2beds
1,056sqft
Single Family Residence
Built in 1984
7.22 Acres Lot
$273,400 Zestimate®
$258/sqft
$1,111 Estimated rent
Home value
$273,400
$254,000 - $295,000
$1,111/mo
Zestimate® history
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What's special
"Rare Find" Endless Opportunities on 7.2 Acres of Scenic Wooded Land. Tired of neighbors? Look no further-this is your piece of privacy, Nestled among mature trees and surrounded by peace and quiet, this hunter's paradise offers the perfect blend of privacy, recreation, and potential. This cabin is ideal for weekend getaways, short term rental, or year-round living. Relax on the spacious 20x22 screen porch, where every season brings peaceful views of local wildlife. Stick-built 2 car barn with space for a workshop and a partially finished loft provides plenty of room for storage or customize it into your private studio, workshop or guest retreat. All personal property stays with property, from kitchen items, beds, chairs, to mowers. making this a truly turn-key opportunity. owners has not lived in property, Sold in AS-IS condition, Close to Cedar Rapids and Marion. Perfect life style choice.
Zillow last checked: 8 hours ago
Listing updated: October 06, 2025 at 07:23am
Listed by:
Dawn Bowman 319-389-0639,
IOWA REALTY,
Steve Bowman 319-360-0508,
IOWA REALTY
Bought with:
Heather Aswegan
Keller Williams Legacy Group
Source: CRAAR, CDRMLS,MLS#: 2506706
Originating MLS: Cedar Rapids Area Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: First
Heating
- Forced Air, Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Water Heater, Microwave, Range, Refrigerator
Features
- Kitchen/Dining Combo, Main Level Primary
- Has basement: No
Interior area
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, See Remarks
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 7.22 Acres
- Dimensions: 7.22
- Features: Wooded
Details
- Parcel number: 012837600100000
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1984
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Central City
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Sold | $272,300-9.2%$258/sqft |
Source: | ||
| 8/13/2025 | Pending sale | $299,927$284/sqft |
Source: | ||
| 8/10/2025 | Price change | $299,927-25%$284/sqft |
Source: | ||
| 8/1/2025 | Listed for sale | $399,927$379/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,566 +1.8% | $210,700 |
| 2023 | $2,520 -1% | $210,700 +27.7% |
| 2022 | $2,546 +21% | $165,000 |
Find assessor info on the county website
Neighborhood: 52214
Nearby schools
GreatSchools rating
- 7/10Central City Elementary SchoolGrades: K-5Distance: 4.9 mi
- 3/10Central City High SchoolGrades: 6-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Central City
- Middle: Central City
- High: Central City
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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$273,400
2% more+ $5,468
With Zillow Showcase(estimated)
$278,868