Sale Pending, showing for back up offers through inspection period. Priced at over $30,000 less than assessed value, this is a great find! 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!
For sale
Price cut: $25K (12/14)
$500,000
5515 W Mustang Rd NE, Cedar Rapids, IA 52411
4beds
3,456sqft
Est.:
Single Family Residence
Built in 1998
1 Acres Lot
$491,400 Zestimate®
$145/sqft
$-- HOA
What's special
Formal dining roomLarge rec roomThree generously sized bedroomsOffice with built-in bookshelvesCambria quartz countertopsBreakfast barLarge laundry room
- 127 days |
- 1,468 |
- 108 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 25, 2025 at 10:06am
Listed by:
Deanna Long 319-329-8719,
Realty87
Source: CRAAR, CDRMLS,MLS#: 2507258
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Den, Great Room, Laundry, Other, Recreation
Other
- Level: First
Heating
- Forced Air, Gas
Cooling
- Central Air, Whole House Fan
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
- Laundry: Main Level
Features
- Breakfast Bar, Dining Area, Separate/Formal Dining Room, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, Central Vacuum, Jetted Tub, Vaulted Ceiling(s)
- Basement: Full
- Has fireplace: Yes
- Fireplace features: Insert, Gas, Great Room
Interior area
- Total interior livable area: 3,456 sqft
- Finished area above ground: 2,486
- Finished area below ground: 970
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage, On Street, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has spa: Yes
- Fencing: Electric
Lot
- Size: 1 Acres
- Features: Acreage, City Lot
Details
- Parcel number: 113035300300000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Brick, Frame, Vinyl Siding
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop, Shared Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $145/sqft
- Annual tax amount: $9,636
- Date on market: 8/25/2025
- Listing terms: Cash,Conventional
Estimated market value
$491,400
$467,000 - $516,000
$3,325/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/14/2025 | Price change | $500,000-4.8%$145/sqft |
Source:  CRAAR, CDRMLS #2507258 Report a problem | ||
| 10/24/2025 | Price change | $525,000-2.8%$152/sqft |
Source: CRAAR, CDRMLS #2507258 Report a problem | ||
| 8/25/2025 | Price change | $540,000-1.8%$156/sqft |
Source: CRAAR, CDRMLS #2507258 Report a problem | ||
| 8/20/2025 | Price change | $550,000-2.7%$159/sqft |
Source: CRAAR, CDRMLS #2504592 Report a problem | ||
| 7/22/2025 | Price change | $565,000-1.7%$163/sqft |
Source: CRAAR, CDRMLS #2504592 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,243/mo
Principal & interest
$2410
Property taxes
$658
Home insurance
$175
Climate risks
Neighborhood: 52411
Nearby schools
GreatSchools rating
- 8/10Viola Gibson Elementary SchoolGrades: PK-5Distance: 1 mi
- 7/10Harding Middle SchoolGrades: 6-8Distance: 3.9 mi
- 5/10John F Kennedy High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Viola Gibson
- Middle: Harding
- 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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