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Single Family ResidenceResidential
$425,511$280 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

5504 TOWER TERRACE RD

CEDAR RAPIDS, IA 52411
2
Beds
1
Baths
1,522 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.75 ac
Lot SizeThe size of the land the home sits on, from county records.
1948
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$426K
$385K low$466K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$408,954
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$327,163
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.4%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$16,557
COLLINS COMMUNITY CU · E · recorded Jun 28, 2005

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,894 (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.$305,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$68,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$237,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$266,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$305,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.A-Frame
CountyLINN
Lot (acres)The size of the land the home sits on, from county records.0.75
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 268 ft²

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

E
Hiawatha Elementary SchoolB
Elementary · Grades PK–5 · 2.7 mi
H
Kennedy High SchoolC+
High · Grades 9–12 · 3.4 mi
M
Harding Middle SchoolB+
Middle · Grades 6–8 · 4.4 mi

District: Cedar Rapids Community School District

Neighborhood · ZIP 52411These 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.16
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.8,224
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.489 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$164,067
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$230,071
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

How this home compares

5504 Tower Terrace Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 86% of homes in Linn County
  • Costs more per square foot than 92% of homes in Linn County
  • Smaller than 85% of homes in Cedar Rapids 52411
  • Has a bigger lot than 83% of homes in Linn County
  • Older than 98% of homes in Cedar Rapids 52411

What homes are worth in Cedar Rapids 52411

Each bar is how many homes fall in that price range. The marker is this home.

This home
$123K$958K

This home is worth more than 44% of homes in Cedar Rapids 52411.

How it measures up in Cedar Rapids 52411

The dot is this home. The mark in the middle is the typical home in Cedar Rapids 52411.

Estimated value$425,511
CheaperTypical $447,600Pricier

Pricier than 44% of homes nearby

Price per ft²$280
CheaperTypical $229Pricier

Pricier than 76% of homes nearby

Living area1,522 ft²
SmallerTypical 2,071 ft²Bigger

Bigger than 15% of homes nearby

Lot size0.75 ac
SmallerTypical 0.84 acBigger

Bigger than 48% of homes nearby

Year built1948
OlderTypical 1997Newer

Newer than 2% of homes nearby

How 5504 Tower Terrace Rd ranks against every home in each area.
MeasureThis homeCedar Rapids 52411Linn County
Estimated valuepricier than$425,51144% of homes86% of homes
Price per ft²pricier than$28076% of homes92% of homes
Living areabigger than1,522 ft²15% of homes61% of homes
Lot sizebigger than0.75 ac48% of homes83% of homes
Year builtnewer than19482% of homes21% of homes

About 5504 Tower Terrace Rd

How much is 5504 Tower Terrace Rd, Cedar Rapids, IA worth?

The TopHap Estimate for 5504 Tower Terrace Rd, Cedar Rapids, IA is $425,511 as of Jul 14, 2026. The likely range is $385,171 to $465,851. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5504 Tower Terrace Rd, Cedar Rapids, IA last sell?

5504 Tower Terrace Rd, Cedar Rapids, IA last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5504 Tower Terrace Rd, Cedar Rapids, IA?

5504 Tower Terrace Rd, Cedar Rapids, IA has 2 bedrooms, 1 bathrooms, 1,522 square feet of living space and a 0.75-acre lot.

When was 5504 Tower Terrace Rd, Cedar Rapids, IA built?

5504 Tower Terrace Rd, Cedar Rapids, IA was built in 1948, making it 78 years old. It is a a-frame home. The building has 1 story.

What schools serve 5504 Tower Terrace Rd, Cedar Rapids, IA?

5504 Tower Terrace Rd, Cedar Rapids, IA is assigned to Hiawatha Elementary School (elementary), rated B; Kennedy High School (high), rated C+; Harding Middle School (middle), rated B+. All sit in Cedar Rapids Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5504 Tower Terrace Rd, Cedar Rapids, IA compare to other homes in Cedar Rapids 52411?

Among the 3,324 homes in Cedar Rapids 52411, it is worth more than 44% of them ($425,511 against a typical $447,600), its price per square foot is higher than 76% of them ($280 against a typical $229), it is bigger than 15% of them (1,522 ft² against a typical 2,071 ft²), its lot is bigger than 48% of them (0.75 ac against a typical 0.84 ac) and it is newer than 2% of them (1948 against a typical 1997). Measured against all of Linn County, it is worth more than 86% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5504 Tower Terrace Rd, Cedar Rapids, IA?

The 2024 property tax bill for 5504 Tower Terrace Rd, Cedar Rapids, IA was $2,894. The county assessed it at $305,100.

More homes on Tower Terrace Rd

Closest homes

More homes in Cedar Rapids 52411

Assigned schools

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