5504 Tower Terrace Rd, Cedar Rapids, IA 52411
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Property image
FOR SALE
OPEN SUN, 2:30-4PM
3D VIEW
0.75 ACRES

5504 Tower Terrace Rd
Cedar Rapids, IA 52411

  • 3 Beds
  • 1 Bath
  • 1,539 sqft (on 0.75 acres)

$350,000

Original price: $365,000
Est. Mortgage $2,325/mo*
Get Pre-Qualified

$350,000

Original price: $365,000
Est. Mortgage $2,325/mo*
Get Pre-Qualified
3 Beds
1 Bath
1,539 sqft
(on 0.75 acres)
We estimate this home will sell faster than 86% nearby.

Home Highlights

Parking
Garage
Outdoor
Patio, Deck
Climate Control
Forced Air, Gas & Central Air
Price/Sqft
$227
Listed
8 days ago

Local Information

  • Map ViewExplore the area around 5504 Tower Terrace Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Must see this one-of-a-kind acreage on hard surface roads. 1 ½ story home that is been meticulously cared for. There is an updated kitchen, nice bright 4 seasons room with new windows (2024), 1st floor laundry, spacious living room, beautiful master bedroom area on the first level and 2 more bedrooms upstairs. The basement has many possibilities. This home has a newer roof (2021), furnace & central air (2021), vinyl siding, windows throughout and floor coverings in living room and kitchen (2024). Just waiting for you to make it your own. Handicapped accessible. Beautiful curb appeal sitting on ¾ of an acre, landscaped yard with mature trees and recycled asphalt circular drive (recoated in 2025). This property boasts of a steel pole building 30 x 45 12’ high with a large sliding (10 x 10) garage door plus service door. 2 car garage (24 x 26) with an attached storage shed. Convenient open garden shed. Property is fenced on north and east side only. Said fencing is on the property line. Great sought-after area approximately ½ mile west of I380. Call today to view!
Last check for updates: about 8 hours ago
Listing courtesy of Diona Carpenter, (319) 360-2124
SKOGMAN REALTY
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2605648
Also Listed on CRAAR, CDRMLS.
We estimate this home will sell faster than 86% nearby.

Open House

Sunday, August 23
2:30 PM to 4:00 PM

Home Details for 5504 Tower Terrace Rd

Interior Features

Interior Details
Basement: FullNumber of Rooms: 6
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1539 Square Feet
Appliances & Utilities
Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Water Softener Owned, WasherDishwasherDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One Half

Exterior Features

Exterior Home Features
Patio / Porch: Deck, PatioOther Structures: Outbuilding, Shed(s)Exterior: Fence
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Garage,See Remarks,Garage Door Opener
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 1539 Square Feet

Days on Market

Days on Market: 8

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: One and One Half Story
Building
Building: Handicap AccessConstruction Materials: Frame, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 122510100200000

Price & Status

Price
List Price: $350,000Price Per Sqft: $227
Status Change & Dates
Possession Timing: Immediately

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: Cedar Rapids
School Information
Elementary School: HiawathaJr High / Middle School: HardingHigh School: Kennedy

Agent Information

Listing Agent
Listing ID: 2605648

HOA

Association for this Listing: Cedar Rapids Area Association Of Realtors

Lot Information

Lot Area: 0.75 acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 2605648Living Area Range Units: Square FeetAbove Grade Unfinished Area: 1539Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19113-N-122510100200000-R-N

Additional Information

Days On Market Replication: 9

Around this home

What Locals Say about Cedar Rapids

At least 700 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 89 % Say it's dog friendly

  • 85 % Say parking is easy

  • 82 % Say yards are well-kept

  • 75 % Say there are sidewalks

  • 73 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 56 % Say it's quiet

  • 55 % Say neighbors are friendly

  • 54 % Say streets are well-lit

  • 53 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say it's walkable to grocery stores

  • 42 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Marcy Boyd
    "I do not have any personnel knowledge of public transportation as I don’t utilize it but I do know there is a bus stop about a block from our residence. With the change in seasons and time change this weekend, people will be coming out as weather permits. There will a reunion of sorts since we’ve finally ventured out. In the Spring there will be garage sales, summer will have festivities all over the neighborhood & surrounding towns. Fall will welcome kids back to school & winter will have Christmas decorations & lights in the neighborhood "
    0
    Flag
  • Marcy Boyd
    "Neighbors are all friendly. Summertime there are planned get together and spontaneous gatherings. Kids ride their bikes and the little ones ride trikes or big wheels. There is a mix or generations with young families up to retired people. "
    0
    Flag
  • Marcy Boyd
    "Nice people, dog friendly and a bit older so kids not around much. Yards are kept up, snow removal becomes a commmunity affair unless snow large amount at one time. Then the paid snow removers are brought in. "
    0
    Flag
  • Tara Wilford
    "Friendly, safe and easily accessible. It’s a bigger city with a small town feel in Iowa. Lots of great restaurants!"
    0
    Flag
  • JoAnna S Branquinho
    "I’ve lived here 6 years and love it. The community involvement and report is literally everything we could want and more."
    0
    Flag
  • Treeamina Keyes
    "I’ve been living here for a couple of months and it’s very quiet. The neighbors are very nice. They speak to you. I like it here. The kids are always outside playing which is nice the neighbors barbecue all the time."
    0
    Flag
  • Cynthia Van Den Baard
    "This neighborhood, in some areas are great for kids and other areas, not so and in my neighborhood no parks or things to do for kids. "
    0
    Flag
  • Cynthia Van Den Baard
    "Dogs not allowed in our HOA. I do see people walking their dogs in our neighborhood and they clean up after them. "
    1
    Flag
  • Aboum B
    "I live there for 1 year and most of neighbors are friendly, the area is so quiet . I believe to be the same in the future. My friends also are planing to move in this area , they love it. "
    0
    Flag
  • Debra Rosemary Gagnon
    "I love the old, beautiful homes... There's plenty of awesome people living in them, too. My kind of people. ❤️"
    5
    Flag
  • Trulia User
    "Even though it's a family oriented neighborhood, ALWAYS KNOW WHERE YOUR CHILDREN ARE, WHO THEY'RE WITH, THE ROUTE THEY ARE TO TAKE TO GET BACK HOME, AND DO SURPRISE CHECKS ONCE IN AWHILE! That's what kept me on my toes!!!! "
    2
    Flag
  • Trulia User
    "I've grew up in the country I also have lived in town I lo I live downtown I get along with everyone"
    1
    Flag
  • Trulia User
    "Neighborhood block parties are fun. It's a chance to meet new people and their families. The kids can maybe find new playmates."
    0
    Flag
  • Trulia User
    "its a wonderful place to live its all around the perfect place to raise a family. its easy to get downtown and just any where you want to go. Check it out for your self you won't be sorry"
    2
    Flag
  • Trulia User
    "Not a good family environment. Great sense of community spirit. The most beautiful houses and beautiful people in the city live here. "
    4
    Flag
  • Trulia User
    "it's not a safe neighborhood. there are gunshots on a weekly basis. I do not recommend anyone move to this area, especially if they have children. we have seen police presence, high speed chases, drug deals in the street, people walking their dogs off leash. it's not safe."
    10
    Flag
  • Julikrathje
    "People's yards are large and well maintained as well as pride of ownership shows! Close to shops and restaurants but this neighborhood is quiet and the neighbors couldn't be friendlier."
    8
    Flag
  • Trulia User
    "A dog park would be nice and trash cans and bags available through out the area so that dog owners can clean up "
    1
    Flag
  • Trulia User
    "Very quiet and well maintained. Mostly older couples. Not a ton of younger kids but very kid friendly."
    0
    Flag
  • Trulia User
    "Neighbors are friendly and kind. Neighborhood is great for taking walks and bike rides, and only a short 10 minute walk to Newbo. Pleasant neighborhood that I’ve enjoyed living in, however street lights are not always plentiful or working, so walks may be better taken during daylight. Really feel like this area is quaint and quiet, but just needs a little love from the city to give it a facelift. "
    1
    Flag
  • Trulia User
    "I drive my own personal vehicle. It's not convenient or conducive to major travel in the town. During mid-day, the bus runs every hour. Also it's designed too serve certain neighborhoods"
    0
    Flag
  • Trulia User
    "Mt mercy university has alot of events and shopping is close, hyvee, fairway, and lots of places to eat."
    0
    Flag
  • Trulia User
    "lived her for 32 years and not many ever move...its whats called a pocket neighborhood which I guess is a good thing. our neighbors look out for each other. it's nice."
    4
    Flag
  • Trulia User
    "always lots of people walking dog's, decent neighborhood.. there is not a ton of traffic, most people seem friendly "
    0
    Flag
  • Jenniferaguayo47
    "Amazing, neighborhood feels right at home. Most neighbors are very friendly! great people lots of resources. "
    2
    Flag
  • Nicole K.
    "Family friendly neighborhood but we need work on sidewalks. Convenient to the interstate 380 is very nice!"
    0
    Flag
  • Amrosenberg1113
    "It’s a great area, super close to anything you need on a regular basis. Most People are great with a few people who choose to not take care of their properties, but most are good. Been here for 11 years and crime is low. Definitely a great spot for young bachelors or couples. "
    0
    Flag
  • Erin N.
    "Our neighborhood is very close to I-380, and there are many stores within a five to ten minute drive. Close to park, pools, fishing. There are even trails to walk along the Cedar River."
    0
    Flag
  • Lakin G.
    "Easy access to 1st ave and the interstate. Getting anywhere in Cedar Rapids is gonna take 15 minutes or less"
    1
    Flag
  • David S.
    "Lived here my whole life and it’s great, very friendly and safe neighborhood. Great place to raise kids. "
    0
    Flag
  • Kenzie98701
    "I see dogs being walked off leash, there’s cats, there’s heavy traffic, parks are a drive to be able to run with dogs "
    0
    Flag
  • Kaela B.
    "Always something going on. Downtown is fun on weekend nights. Always stores open. Many good restaurants in all areas"
    0
    Flag
  • Drakken625
    "it really easy specially if your from a big city. So enjoy the easy drive times to almost any where in the city!!!"
    1
    Flag
  • Jlsander
    "Many people are out walking their dogs in this neighborhood. It would be nice to be closer to a dog park."
    1
    Flag
  • O. S-G.
    "They would be able to walk their dog all the time. Make sure that their dogs are used to fireworks when the parks set them off on July 4th each year."
    0
    Flag
  • Amy M.
    "It’s literally perfect for everywhere! I’m almost spot on living in the middle of everywhere I would need/like to go!"
    0
    Flag
  • Adaml
    "Everyone has a dog. Nothing to not like. Big yards and super nice people everywhere. Also close enough to town but doesn’t feel that way. "
    1
    Flag
  • Pavan C.
    "We have apartment potluck from time to time. There is also lot of events in the newbo and downtown areas. "
    0
    Flag
  • Grdnsal
    "Normal community, lots of activities for all ages. Very family oriented. A great community to raise a family. "
    0
    Flag
  • Kjmazzocco
    "We have holiday parties for the kids. There are senior breakfasts every third Weds of the month, card gatherings twice a week, and an annual garage sale!"
    0
    Flag

Market trends in Cedar Rapids

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$204K
$2.33KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$136
$3MoM
Available listings
403
22MoM

Home Value

Trulia Estimate
$338K
Since last month
Increased$61K (+22%)
Since last year
Increased$72K (+26.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +81% in the last 10 years
MonthEstimated value
2026
August 2026$338K
July 2026$277K
June 2026$280K
May 2026$275K
April 2026$269K
March 2026$261K
February 2026$252K
January 2026$251K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2851 Mary Green Rd, Hiawatha, IA
0.52
Single-Family Home
$326,990
05/11/26
3
2
1,498
2873 Grassland Ct, Hiawatha, IA
0.48
Single-Family Home
$374,390
06/22/26
3
2
2,191
9800 Hall Rd, Cedar Rapids, IA
0.75
Single-Family Home
$425,000
04/21/26
3
2
1,766
3009 Prairielight Ct, Hiawatha, IA
0.31
Single-Family Home
$649,950
06/29/26
5
3
3,029
3025 Valley Ct, Hiawatha, IA
0.45
Single-Family Home
$533,000
04/17/26
4
3
2,885
2911 Savannah Dr, Hiawatha, IA
0.46
Single-Family Home
$545,000
09/05/25
4
3.5
3,244
2754 Cecelia Dr, Hiawatha, IA
0.70
Single-Family Home
$305,890
06/26/26
3
2
1,498
2861 Prairielight Dr, Hiawatha, IA
0.46
Single-Family Home
$397,430
02/26/26
4
3
2,191
2850 Mary Green Rd, Hiawatha, IA
0.49
Single-Family Home
$374,990
02/06/26
4
3
2,191

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2824 Hunt Trl, Cedar Rapids, IA 52411
0.09
$619,200
4
3.5
4,113
Off Market
5635 Tower Terrace Rd, Cedar Rapids, IA 52411
0.10
-
-
-
-
Off Market
2327 Springbrook Dr, Cedar Rapids, IA 52411
0.13
$441,500
3
2
2,149
Off Market
5312 Tower Terrace Rd, Cedar Rapids, IA 52411
0.28
$629,700
6
3
3,052
Off Market
5304 Tower Terrace Rd, Cedar Rapids, IA 52411
0.28
$639,700
5
3
2,080
Off Market
2744 Tower Dr NE, Cedar Rapids, IA 52411
0.29
$280,200
3
2
1,584
Off Market
5794 Tower Terrace Rd NE, Cedar Rapids, IA 52411
0.27
-
-
-
-
Off Market
3015 Prairielight Ct, Hiawatha, IA 52233
0.29
-
-
-
-
Off Market
3011 Prairielight Ct, Hiawatha, IA 52233
0.30
$631,000
5
3
2,823
Off Market
5805 Timber Creek Rd NE, Cedar Rapids, IA 52411
0.29
-
-
-
-
Off Market
3009 Prairielight Ct, Hiawatha, IA 52233
0.31
$649,950
5
3
3,029
Recently Sold

Price and Tax history

DateEventPrice
Aug 17, 2026
Source: CRAAR, CDRMLS #2605648
PriceChange
$350,000
Price decreased by 4%
Aug 10, 2026
Source: CRAAR, CDRMLS #2605648
Listed For Sale
$365,000

LGBTQ Local Legal Protections

Diona Carpenter, SKOGMAN REALTY
Agent Phone: (319) 360-2124
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 5504 Tower Terrace Rd

  • What is the estimated monthly payment for 5504 Tower Terrace Rd?
    Based on a $350,000 list price with 20% down at today's rates, the estimated monthly payment for 5504 Tower Terrace Rd in Cedar Rapids, IA is approximately $2,363 (about $1,839 principal & interest, $449 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5504 Tower Terrace Rd compare to homes in Cedar Rapids?
    5504 Tower Terrace Rd in Cedar Rapids, IA is listed at $350,000, about 71% above the $204K median sale price in Cedar Rapids.
  • What do residents say about Cedar Rapids?
    Residents describe Cedar Rapids, IA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Cedar Rapids, IA.
  • What are the closest schools to 5504 Tower Terrace Rd?
    The closest schools to 5504 Tower Terrace Rd in Cedar Rapids, IA are Harding Middle School (rated 7/10), Hiawatha Elementary School (Pre-K, rated 6/10), John F Kennedy High School (rated 3/10).
  • Does 5504 Tower Terrace Rd have air conditioning?
    Yes, 5504 Tower Terrace Rd in Cedar Rapids, IA has air conditioning.
  • Does 5504 Tower Terrace Rd have laundry facilities?
    Yes, 5504 Tower Terrace Rd in Cedar Rapids, IA has in-unit laundry.
5504 Tower Terrace Rd, Cedar Rapids, IA 52411 is a 3 bedroom, 1 bathroom, 1,539 sqft single-family home built in 1948. This property is currently available for sale and was listed by CRAAR, CDRMLS on Aug 10, 2026. The MLS # for this home is MLS# 2605648.