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$798,000

NAL Estimated Property Value

248 Mary Elise Way, Cedar Rapids, IA, 52402

Recently SoldInfo
9/18/26
Beds3 Beds
Baths2 Bath
Baths1,505 Sq Ft
price_per_sqft$172.76 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFence
Lot Size10,498 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR145826
Lot Number19
SubdivisionReunion Ranch Phase 2 Sec 2
Land UseResidential
Legal DescriptionREUNION RANCH PHASE 2 SEC 2, BLOCK G, LOT 19, ACRES 0.241 TAX CODES:RSP,SDS,WRR
Census Tract010912
Assessed Land Value$209,570
Assessed Improvement Value$542,219
Assessment Year2025

About this property

ACCEPTED OFFER, Showing for back ups. Come check out this perfectly located home in Cedar Rapids. Placed in a well-established community in both the Bowman Woods and Linn Mar school districts. This home features a nice open main room for the living room and kitchen, allowing the natural light to flow through easily. Not to mention a spacious backyard and deck, making it an entertainers' dream! Schedule a showing today!

Investor Tools

Property Icon
$798,000
Estimated Property Value
$0Estimated Mortgage Balance
$798,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,788 /month
Positive
Cash Flow Estimate:
$1,596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,665/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,986
$751,789
2025
$209,570
$542,219
$751,789
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,986
$751,789

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$800,000
100%
0%
$0/mo

City: Cedar Rapids

248 Mary Elise Way | Property Details | No Agent List