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!
For sale
$199,500
508 Valley St, Center Point, IA 52213
3beds
1,615sqft
Est.:
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
- 1 day |
- 668 |
- 34 |
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#: 2601247
Originating 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
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for sale | $199,500+17%$124/sqft |
Source: | ||
| 6/6/2022 | Sold | $170,500+6.6%$106/sqft |
Source: | ||
| 5/10/2022 | Pending sale | $159,900$99/sqft |
Source: | ||
| 5/4/2022 | Listed for sale | $159,900+32.1%$99/sqft |
Source: | ||
| 5/31/2013 | Sold | $121,000$75/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- NACenter Point-Urbana Primary SchoolGrades: PK-2Distance: 0.2 mi
- 7/10Center Point-Urbana Middle SchoolGrades: 6-8Distance: 0.1 mi
- 7/10Center Point-Urbana High SchoolGrades: 9-12Distance: 0.3 mi
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.




