Shop stopper of the price point describes this beautiful Cottage-style home that has just been lavished with a whole-house renovation totaling over $125,000. Classic design features one would expect from this vintage, but with a surprising number of new features and improvements that one normally wouldn’t find in a home under $300,000. Improvements include a completely renovated kitchen and main floor bath; newly added second floor full bath with luxurious walk-in shower made possible by the addition of a dormer through the roof. Now, the second floor is one, large primary bed-sit suite that includes not only a generous bedroom area and bath, but also a sitting area within the bedroom as well. Two additional closets have been created in the primary bedroom in the hall just outside the newly created primary bath. New siding, new roofing, new a/c, new water heater, new carpeting, newly refinished hardwood floors, new kitchen appliances, new windows, new landscaping, nearly all new plumbing, new electrical service and wiring, and a new electric fireplace in the lower level family room. Generous room sizes with two of the three bedrooms able to accommodate a King-sized bed. Expansive deck. Close to shopping, dining and access to downtown and the interstate. Make no mistake, this one won’t last long!
For sale
Price cut: $5K (11/7)
$264,900
700 Memorial Dr SE, Cedar Rapids, IA 52403
3beds
1,735sqft
Est.:
Single Family Residence, Residential
Built in 1946
8,712 Square Feet Lot
$260,400 Zestimate®
$153/sqft
$-- HOA
What's special
Newly refinished hardwood floorsNew carpetingCompletely renovated kitchenNew windowsGenerous bedroom areaNew roofingNew landscaping
- 74 days |
- 431 |
- 29 |
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 02:04pm
Listed by:
Cory Rath 319-329-2679,
Keller Williams Advantage
Source: Iowa City Area AOR,MLS#: 202506401
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Primary Bath, Recreation Room
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Washer
Features
- Other
- Basement: Full,Finished
- Number of fireplaces: 1
- Fireplace features: Electric, In LL
Interior area
- Total structure area: 1,735
- Total interior livable area: 1,735 sqft
- Finished area above ground: 1,327
- Finished area below ground: 408
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Off Street, On Street
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 8,712 Square Feet
- Dimensions: 80 x 112
- Features: Less Than Half Acre
Details
- Parcel number: 142345601100000
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl, Frame
Condition
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Close To School, Park
- Subdivision: NA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $147,500
- Annual tax amount: $2,423
- Date on market: 10/10/2025
- Listing terms: Cash,Conventional
Estimated market value
$260,400
$247,000 - $273,000
$1,734/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Price change | $264,900-1.9%$153/sqft |
Source: | ||
| 10/26/2025 | Price change | $269,900-1.8%$156/sqft |
Source: | ||
| 10/10/2025 | Listed for sale | $274,900+139%$158/sqft |
Source: | ||
| 3/14/2025 | Sold | $115,000-11.5%$66/sqft |
Source: | ||
| 2/16/2025 | Pending sale | $130,000$75/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,180 -14% | $147,500 +4.8% |
| 2023 | $2,534 +26.6% | $140,700 +9.1% |
| 2022 | $2,002 -1.6% | $129,000 +22.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,711/mo
Principal & interest
$1269
Property taxes
$349
Home insurance
$93
Climate risks
Neighborhood: 52403
Nearby schools
GreatSchools rating
- 4/10Grant Wood Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Mckinley Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10George Washington High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: GrantwoodCR
- Middle: Mckinley
- High: Washington
Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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