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CondominiumResidential

505 CRIMSON DR NE

CEDAR RAPIDS, IA 52402
2000
Year BuiltThe year the home was originally built, according to county records.
Built 19744 units1,136–1,136 ft²
$456K
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$117K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$103
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-23.4%vs the Cedar Rapids ZIP median sale $/ft² ($134)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
2008201120122013
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
2008201120122013

4 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

2 bed
4 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2.3 ba · 1,136 ft²
2 units
2 bd · 3 ba · 1,136 ft²
2 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.75%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.0%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.4.2 yrs
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.76%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$109,969
Median tax billThe middle annual property tax bill among the building's units.$1,322
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 5Apr 16, 2013$63,000Unit 6Oct 16, 2012$71,000Unit 14Nov 28, 2011$52,000Unit 6Sep 11, 2008$74,500

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$48 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$2,400 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$2,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$2,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$2,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyLinn
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Westfield ElementaryA+
Elementary · Grades KG–5 · 2.0 mi
H
Linn - Mar High SchoolA-
High · Grades 9–12 · 2.5 mi
M
Oak Ridge Middle SchoolB+
Middle · Grades 6–8 · 2.7 mi

District: Linn-Mar Community School District

Neighborhood · ZIP 52402These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.40,864
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,020 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$73,958
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$89,674
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

505 Crimson Dr Ne
$115K
505 Crimson Dr Ne
2 bd · 2.3 ba · 1,136 ft²
$118K
505 Crimson Dr Ne Apt 6
2 bd · 3 ba · 1,136 ft²
$117K
505 Crimson Dr Ne # 13
2 bd · 2.3 ba · 1,136 ft²
$117K
505 Crimson Dr Ne Apt 14
2 bd · 3 ba · 1,136 ft²
$105K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 505 Crimson Dr

How many units are in 505 Crimson Dr, Cedar Rapids, IA?

505 Crimson Dr, Cedar Rapids, IA has 4 residential units across built in 1974, according to county assessor records.

What is a unit at 505 Crimson Dr, Cedar Rapids, IA worth?

The median TopHap Estimate across the 4 units at 505 Crimson Dr, Cedar Rapids, IA is $116,566. That works out to $103 per square foot. Units run from 1,136 to 1,136 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 505 Crimson Dr, Cedar Rapids, IA expensive for Cedar Rapids?

Units at 505 Crimson Dr, Cedar Rapids, IA carry a median of $103 per square foot, 23% below the Cedar Rapids median of $134 per square foot.

How often do units sell at 505 Crimson Dr, Cedar Rapids, IA?

0 units at 505 Crimson Dr, Cedar Rapids, IA sold in the last 12 months, out of 4 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

What floor plans does 505 Crimson Dr, Cedar Rapids, IA have?

The most common plan at 505 Crimson Dr, Cedar Rapids, IA is a 2-bedroom of 1,136 square feet, repeated 2 times, with a median estimate of $117,071. TopHap identifies 2 recurring plans in the building.

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