See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2201 Balsam Dr SW, Cedar Rapids, IA, 52404

4beds
4baths
2,946sqft
$339,000
$115price/sqft
$2,644/moest. monthly cost
$105,760/yrincome needed

About This Home

Price Reduced! Don’t miss this move in ready and well maintained 4 bedroom, 4 full bath home in a quite neighborhood that has almost 3000 SF of finished living space. The main floor features a 550 SF new edition in 2015 adding a primary bedroom suite and dining/family room area off the original kitchen/dining area, with a door to access the covered patio and partially fenced back yard. Other main floor features include a Livingroom area, 2nd primary bedroom suite, 2 additional bedrooms, a 3rd full bath, built-in linen cabinet, and kitchen/dining area with 1st floor laundry. The full 1035 SF finished lower level, under the original home, is complete with a full bath, large family room area, a 2nd kitchen area including refrigerator and vintage stove, to make this a separate living area if needed, and lots of storage closets with more storage in the cement floored crawl space under the new addition. Enjoy the covered patio in the partially fenced flat back yard that has a large rhubarb bed and plenty of space to spend with family and friends, including new trees and other landscaping throughout the whole yard. Updates include: 2014 new furnace & air conditioning; 2020/21 New garage door and opener. Call for your showing today.

Getting Around

28
WalkingCar-Dependent
24
TransitMinimal Transit
30
BikeSomewhat Bikeable

Schools

2/10
2/10
Wilson Middle SchoolGrades 6-81.7 mi
1/10

Construction

Condition

  • Year built: 1987

Materials

  • Foundation: Poured
  • Construction materials: Brick,Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Gas Water Heater,Range,Refrigerator,Range Hood,See Remarks,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Full,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Kitchen/Dining Combo,Bath in Primary Bedroom,Main Level Primary,See Remarks
  • Finished area below ground: 1,035
  • Finished area above ground: 1,911

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,946 sqft

Other

  • Level: First

Property

Details

  • Parcel number: 143117603500000

Features

  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Fence

Lot

  • Lot size: 0.26 Acres
  • Lot size dimensions: 85 x 135

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Off Street,On Street,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Winter Weather
Cold Wave
Ice Storm
Lightning

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,714$20,568
Home Insurance *$277$3,324
Property Taxes $434$5,208
Electricity $219$2,637
Total$2,644$31,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,651/yr
40% on housing$79,320/yr
45% on housing$70,506/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.0%
13.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$115This listing

vs Other Active Listings

Avg $/sqft

ZIP 52404$131
Linn County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 52404$131
Linn County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Price change$395,000
2026-04-25Listed for sale$425,000
2026-04-25Pending sale$425,000
2026-04-10Listed for sale$425,000

For Sale by Agent

AgentCheri Hill
BrokerageKeller Williams Legacy Group

Similar Homes