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Sold for $365,000
  • $365,000

    550 Vernon Dr SE, Cedar Rapids, IA 52403

    4beds
    3,244sqft
    Single Family Residence
    Built in 1928
    0.59 Acres Lot
    $410,900 Zestimate®
    $113/sqft
    $2,725 Estimated rent

    Home value

    $410,900

    $390,000 - $436,000

    $2,725/mo

    Zestimate® history
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    What's special

    Step back in time and discover the allure of this exquisite 1928 home, yearning for its next loving owner. Positioned gracefully on a generously sized lot spanning over half an acre, this property is an embodiment of character and charm that only grows with time. Embrace the unique layout of this home, offering a non-conforming bedroom in the basement, another bedroom conveniently located on the main level, and a full bath thoughtfully placed on each of the three floors. With such versatility, you'll have plenty of space to create lasting memories with your family and welcome cherished guests. The shotgun kitchen, a delightful nod to its historic past, beckons you to whip up culinary delights while creating an ambiance of warmth and nostalgia. As you wander through the home, you'll be captivated by the 4 seasons room, inviting nature's beauty inside throughout the year. Step outside onto the enchanting back patio, a seamless extension of your living space, perfect for hosting gatherings or savoring tranquil moments with your morning coffee. Beyond the charming interiors, this home is nestled in a vibrant community, offering a harmonious blend of peace and convenience. Take leisurely strolls through the neighborhood, immerse yourself in the surrounding natural beauty, or engage in friendly banter with neighbors who quickly become friends. This property is more than just a home; it's an enchanting journey through time, a sanctuary where cherished memories await creation. From its captivating façade to its inviting interiors, this 1928 gem stands as a testament to the enduring allure of classic architecture. Now is your chance to embrace the grace and elegance of this beautiful abode, and become the fortunate steward of its rich history. The search for your dream home ends here, at this 1928 treasure. Don't let this opportunity slip away; come and experience the magic for yourself. Your future awaits at this captivating residence, waiting to embrace you with open arms.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mindi White 319-310-8502,

    SKOGMAN REALTY,

    John Beardsworth 319-360-6615,

    SKOGMAN REALTY

    Bought with:

    Rachael Ray

    SKOGMAN REALTY

    Source: CRAAR, CDRMLS,MLS#: 2304987MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Den, Family Room, Four Season, Living Room
    Other
    • Level: Second
    Heating
    • Forced Air, Gas
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
    Features
    • Breakfast Bar, Dining Area, Separate/Formal Dining Room, Bath in Primary Bedroom, Upper Level Primary
    • Basement: Full
    • Has fireplace: Yes
    • Fireplace features: Insert, Gas, Living Room
    Interior area
    • Total interior livable area: 3,244 sqft
    • Finished area above ground: 2,448
    • Finished area below ground: 796

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Garage, Heated Garage, On Street, Garage Door Opener
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio
    Lot
    • Size: 0.59 Acres
    • Dimensions: 25,584
    Details
    • Parcel number: 142335401100000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Masonry
    Condition
    • New construction: No
    • Year built: 1928
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Cedar Rapids

    Financial & listing details

    • Price per square foot: $113/sqft
    • Tax assessed value: $356,000
    • Annual tax amount: $5,698
    • Date on market: 7/20/2023
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/11/2025Listing removed--
    Source: Owner Report a problem
    4/18/2025Pending sale$414,900$128/sqft
    Source: Owner Report a problem
    4/14/2025Listed for sale$414,900+13.7%$128/sqft
    Source: Owner Report a problem
    9/29/2023Sold$365,000$113/sqft
    Source: CRAAR, CDRMLS #2304987 Report a problem
    7/30/2023Pending sale$365,000$113/sqft
    Source: CRAAR, CDRMLS #2304987 Report a problem
    7/28/2023Listed for sale$365,000$113/sqft
    Source: CRAAR, CDRMLS #2304987 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,252 +36%$356,000 +0.2%
    2024$4,596 -7.6%$355,400 +31.5%
    2023$4,972 +1.8%$270,200 +10.5%
    2022$4,882 -7.8%$244,600
    2021$5,296 +2.8%$244,600 -1.6%
    2020$5,152 +0.6%$248,600
    2019$5,124 +3.7%$248,600 +4.6%
    2018$4,940 +13.7%$237,700 +7.1%
    2017$4,346 -6.5%$222,000 +0.7%
    2016$4,650 +3.3%$220,500 -1%
    2015$4,502 -1.1%$222,703 -2.8%
    2014$4,554 -0.7%$229,055
    2013$4,584 -6.4%$229,055 -11.1%
    2012$4,898 $257,561 -1.9%
    2011-- $262,449
    2010$4,064 $262,449 +11.1%
    2008-- $236,279
    2007-- $236,279 +1.5%
    2005-- $232,900 +15.1%
    2004-- $202,384
    2003-- $202,384
    2002-- $202,384 +14%
    2001-- $177,530
    2000-- $177,530
    Find assessor info on the county website

    Neighborhood: 52403

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Grant Wood
    • Middle: McKinley
    • High: Washington

    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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    $419,118