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For sale
  • Price cut: $5K (5/21)
    $205,000

    5109 Spencer Dr SW, Cedar Rapids, IA 52404

    5beds
    1,712sqft
    : 
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    Single Family Residence
    Built in 1963
    -- sqft lot
    $200,200 Zestimate®
    $120/sqft
    $-- HOA

    What's special

    Spacious roomsFenced in yardNewer roof
    Home located in great area, close to schools, shopping, and all conveniences. Home needs work and some love: painting, flooring, some plumbing etc. Investor or fixer upper special with possible FHA 203 K Renovation loan available . Home features 5 bedrooms, 2.5 baths, newer roof, and furnace with over 1700 sq ft, priced under assessed value with spacious rooms, fenced in yard and lots of possibilities.
    143 days
    |
    1,123
    |
    41
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Canas 319-981-1450,

    Pinnacle Realty LLC

    Source: CRAAR, CDRMLS,MLS#: 2601022MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Other
      • Level: Second
      Heating
      • Zoned, Gas, Hot Water
      Cooling
      • Zoned, Central Air
      Features
      • Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Bath in Primary Bedroom, Upper Level Primary
      • Basement: Concrete
      Interior area
      • Total interior livable area: 1,712 sqft
      • Finished area above ground: 1,712
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Features
      • Levels: Multi/Split
      Details
      • Parcel number: 132641000200000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Split Level
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Foundation: Poured
      Condition
      • New construction: No
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Cedar Rapids

      Financial & listing details

      • Price per square foot: $120/sqft
      • Tax assessed value: $228,500
      • Annual tax amount: $4,138
      • Date on market: 2/11/2026
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $200,200

        $190,000 - $210,000

        $2,697/mo

        Price history

        DateEventPrice
        5/21/2026Price change$205,000-2.4%$120/sqft
        Source: CRAAR, CDRMLS #2601022 Report a problem
        3/7/2026Price change$210,000-2.1%$123/sqft
        Source: CRAAR, CDRMLS #2601022 Report a problem
        2/11/2026Listed for sale$214,500+32.4%$125/sqft
        Source: CRAAR, CDRMLS #2601022 Report a problem
        8/29/2019Sold$162,000-2.4%$95/sqft
        Source: CRAAR, CDRMLS #1904912 Report a problem
        7/2/2019Listed for sale$166,000+15.3%$97/sqft
        Source: Skogman Realty #1904912 Report a problem
        12/22/2015Sold$144,000-3.4%$84/sqft
        Source: CRAAR, CDRMLS #1506030 Report a problem
        10/17/2015Price change$149,000-6.2%$87/sqft
        Source: Iowa Realty Co., Inc. #1506030 Report a problem
        9/25/2015Price change$158,900-3.1%$93/sqft
        Source: Iowa Realty Co., Inc. #1506030 Report a problem
        8/5/2015Listed for sale$164,000$96/sqft
        Source: Iowa Realty Co., Inc. #1506030 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,954 +4.5%$234,100 +2.5%
        2024$3,782 -6.9%$228,500 +1.9%
        2023$4,062 +12.3%$224,200 +11.3%
        2022$3,616 -4.5%$201,500 +9.8%
        2021$3,786 +2.8%$183,500 +1.8%
        2020$3,682 -0.9%$180,200
        2019$3,716 +5.2%$180,200 +4.5%
        2018$3,532 +3%$172,400 +0.8%
        2017$3,430 -3.1%$171,000 +1.7%
        2016$3,538 +4.4%$168,200 +4.2%
        2015$3,390 +4.3%$161,406
        2014$3,250 +2.3%$161,406
        2013$3,176 +7.5%$161,406
        2012$2,954 $161,406 +0.1%
        2011-- $161,279
        2010$2,678 $161,279 +2.1%
        2008-- $158,016
        2007-- $158,016 +8.6%
        2005-- $145,523 +11.4%
        2004-- $130,683
        2003-- $130,683 +3.1%
        2002-- $126,756 +14%
        2001-- $111,190
        2000-- $111,190

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cedar Hills

        Getting around

        60 / 100
        Somewhat Walkable
        25 / 100
        Some Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hoover
        • Middle: Roosevelt
        • High: Jefferson

        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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