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For sale
  • $199,500

    508 Valley St, Center Point, IA 52213

    3beds
    1,615sqft
    : 
    Single Family Residence
    Built in 1961
    0.44 Acres Lot
    $194,100 Zestimate®
    $124/sqft
    $-- HOA

    What's special

    Laundry areaOriginal hardwood floorsFlowering treesNeutral colors throughoutThree spacious bedroomsFully fenced backyardExpansive yard
    Charming ranch home, on a generous 0.44-acre lot, located in Center Point, just north of Cedar Rapids. Boasting over 1,600 square feet of finished living space, the home greets you with a bright, expansive living room anchored by a large bay window that floods the space with natural light. You’ll find original hardwood floors meticulously cared for and neutral colors throughout. New flooring installed in the kitchen and dining areas in 2022 that makes the home feel truly move-in ready. The main level features three spacious bedrooms and a full bath, while the basement adds incredible value and versatility. Downstairs, you’ll find a large rec room ready to make your own. Perfect for movie nights or a home gym, along with a second full bathroom, laundry area, and ample storage space. Major mechanical updates provide peace of mind, including a new TRANE furnace and AC installed in 2023. Step outside to enjoy the expansive yard. With flowering trees and a fully fenced backyard with extra property to spare provides an oasis for gardening, play, or entertaining. This gem won’t last long!
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    Zillow last checked: 8 hours ago

    Listing updated: February 25, 2026 at 03:57pm

    Listed by:

    Jeannie Rice 319-550-5700,

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2601247MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room
    Other
    • Level: First
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
    Features
    • Kitchen/Dining Combo, Main Level Primary
    • Basement: Full
    Interior area
    • Total interior livable area: 1,615 sqft
    • Finished area above ground: 1,120
    • Finished area below ground: 495
    Video & virtual tour

    Property

    Parking
    • Parking features: Attached, Guest, Off Street, Garage Door Opener
    • Has attached garage: Yes
    Features
    • Stories: 1
    • Exterior features: Fence
    Lot
    • Size: 0.44 Acres
    • Dimensions: 19,200
    Details
    • Parcel number: 050930800400000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Masonry
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Center Point

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $171,000
    • Annual tax amount: $3,163
    • Date on market: 2/25/2026
    • Listing terms: Cash,Contract,FHA,USDA Loan,VA Loan

    Estimated market value

    $194,100

    $184,000 - $204,000

    $1,482/mo

    Price history

    Price history
    DateEventPrice
    2/25/2026Listed for sale$199,500+17%$124/sqft
    Source: CRAAR, CDRMLS #2601247 Report a problem
    6/6/2022Sold$170,500+6.6%$106/sqft
    Source: CRAAR, CDRMLS #2203357 Report a problem
    5/10/2022Pending sale$159,900$99/sqft
    Source: CRAAR, CDRMLS #2203357 Report a problem
    5/4/2022Listed for sale$159,900+32.1%$99/sqft
    Source: CRAAR, CDRMLS #2203357 Report a problem
    5/31/2013Sold$121,000$75/sqft
    Source: CRAAR, CDRMLS #1301975 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,916 -0.7%$171,000
    2023$2,938 +0.3%$171,000 +17.7%
    2022$2,930 +7.8%$145,300
    2021$2,718 +5.5%$145,300
    2020$2,576 -3.5%--
    2019$2,670 +7.6%$128,700 +6.3%
    2018$2,482 +2.5%$121,100 +2.8%
    2017$2,422 -0.2%$117,800
    2016$2,426 +3.8%$117,800
    2015$2,338 -0.1%$117,800
    2014$2,340 -6.8%$117,800
    2013$2,512 +22.3%$117,800 +6%
    2012$2,054 $111,087
    2011-- $111,087
    2010$1,828 $111,087
    2008-- $111,087
    2007-- $111,087 +8.4%
    2005-- $102,485 +5%
    2004-- $97,604
    2003-- $97,604 +5%
    2002-- $92,956
    2001-- $92,956 +7%
    2000-- $86,875

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,285/mo
    Principal & interest
    $1029
    Property taxes
    $256

      Climate risks

      Neighborhood: 52213

      Getting around

      39 / 100
      Car-Dependent
      45 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: CenterPt/Urbana
      • Middle: CenterPt/Urbana
      • High: CenterPt/Urbana

      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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