Sale Pending, showing for back up offers through inspection period. Priced at over $30,000 less than assessed value, this is a great find! Spacious and well-maintained two-story home on a beautiful 1-acre lot in a highly desirable neighborhood! This 4-bedroom home offers a main floor primary suite with a whirlpool tub, a large laundry room, and a kitchen designed for both function and style—featuring Cambria quartz countertops, a breakfast bar, built-in hutch, and formal dining room. Upstairs you’ll find three generously sized bedrooms and a full bath. The finished lower level includes daylight windows, a large rec room, non-conforming bedroom, and an office with built-in bookshelves—perfect for remote work or hobbies. The 3-stall garage provides plenty of space for vehicles and storage. Recent updates include newer HVAC, water heaters, dishwasher, water softener, and a constant pressure system for the well. Well water fee varies based on use (typically around $120/year). Electric averages $219 per month, gas $77 per month. Located in a top-rated school district and just minutes from shopping, dining, and everyday conveniences—this home checks all the boxes for comfort, space, and location!
You’ll love this exceptional custom built 5 bedroom, 3.5 bath 2-story located on a 1.00 (+/-) acre lot in a wonderful close in subdivision in the Viola Gibson School district. You are greeted with an open yet cozy front porch to the 2-story foyer with wood flooring that carries through to the updated kitchen with Cambria quartz counter tops with marble backsplash, breakfast bar, white cabinets, pantry unit, built-in hutch with lighted glass fronts, planning desk, central vac, stainless steel appliances and atrium door to the maintenance free deck & terrific backyard. The kitchen flows into the front formal dining room and also to the large great room with wood flooring, cathedral ceilings & fireplace flanked by long low windows. The luxurious main floor master suite features 10 ft ceilings, newer carpet, large walk-in closet, private bath with whirlpool, separate shower, double sink vanity & tile flooring. Second level features 3 spacious bedrooms with double & walk-in closets & newer carpet. Main floor laundry with soaker sink & convenient built-in ironing board. Wide staircase leads you to the large lower level family/rec room that features five daylight windows, den, fifth bedroom with LARGE walk-in closet, bath & storage. Three car garage, newer roof & septic, well water fee varies on usage (was $249.00 in 2018). (Information provided by the Linn County Assessors).
Year
Property tax
Land + Additions
Assessment*
2025
$8,074 (+6.6%)
$90,000 + $442,000
$532,000
2024
$7,576 (−13.4%)
$90,000 + $374,400
$464,400
2023
$8,752 (+1.8%)
$90,000 + $357,200
$447,200
2022
$8,594 (+1.2%)
$90,000 + $337,200
$427,200
2021
$8,490 (+11.4%)
$90,000 + $337,200
$427,200
2020
$7,620 (−1.7%)
$80,000 + $316,700
$396,700
2019
$7,752 (+2.9%)
$80,000 + $316,700
$396,700
2018
$7,534 (−4.7%)
$75,000 + $293,200
$368,200
2017
$7,902 (+19.6%)
$75,000 + $293,200
$368,200
2016
$6,608 (+2.5%)
$75,000 + $296,400
$371,400
2014
$6,444
$75,000 + $243,350
$318,350
Tax history for 5515 W Mustang Rd NE
Year
Property tax
Land + Additions
Assessment*
2025
$8,074 (+6.6%)
$90,000 + $442,000
$532,000
2024
$7,576 (−13.4%)
$90,000 + $374,400
$464,400
2023
$8,752 (+1.8%)
$90,000 + $357,200
$447,200
2022
$8,594 (+1.2%)
$90,000 + $337,200
$427,200
2021
$8,490 (+11.4%)
$90,000 + $337,200
$427,200
2020
$7,620 (−1.7%)
$80,000 + $316,700
$396,700
2019
$7,752 (+2.9%)
$80,000 + $316,700
$396,700
2018
$7,534 (−4.7%)
$75,000 + $293,200
$368,200
2017
$7,902 (+19.6%)
$75,000 + $293,200
$368,200
2016
$6,608 (+2.5%)
$75,000 + $296,400
$371,400
2014
$6,444
$75,000 + $243,350
$318,350
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
1998
Sq. Ft.
3,456
Year built
1998
Style
Single Family Residential
County
Linn County
APN
11303-53003-00000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
A-RR
Rural Residential District
The A-RR district is intended to be a setting for very low-density and very large lot residential development at a density of up to one unit per acre. A-RR should be used to preserve rural character and existing natural environmental elements.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Assembly/ meeting place
Religious facility
Housing-Group
Housing-Single unit
Fire house
Police station
Agriculture-Grove / orchard / vineyard
Park & open space
Nov 3, 2022 • Final
Residential mechanical - appliance replacement
Replace the furnace and air conditioning unit in a single-family home.
HVAC
May 7, 2014 • Final
Residential building permit - repair
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 3
Parking Features: Attached, Garage, On Street, Garage Door Opener
Interior
Bathroom Information
# of Full Bathrooms: 3
# of Half Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air, Whole House Fan
Has Heating
Heating: Fireplace Insert, Natural Gas, Forced Air
Interior Features
Interior Features: Breakfast Bar, Central Vacuum, Vaulted Ceiling(s)
Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
Has Fireplace
Fireplace Features: Insert, Gas, Great Room
Room Information
Laundry Features: Main Level
Has Basement
Basement Details: Full
Exterior
Exterior Features
Patio And Porch Features: Deck
Fencing: Electric
Building Information
Above Grade Finished Area: 2,486
Below Grade Finished Area: 970
Levels: Two
# of Stories Total: 2
Construction Materials: Brick, Frame, Vinyl Siding
Property Features
Accessibility Features: Therapeutic Whirlpool
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Features: City Lot
Lot Size : 1
Lot Size Dimensions:
Lot Size Area: 1
Lot Size Units: Acres
Lot Size Acres: 1
Financial
Tax Information
Tax Annual Amount: $9,636
Utilities
Utility Information
Water Source: Shared Well
Sewer: Septic Tank
Location
Schools Information
Elementary School: Viola Gibson
Middle Or Junior School: Harding
High School: Kennedy
Location Information
Directions: Blairsferry Rd to Milburn Rd to Mustand Rd
Public facts
Beds: 5
Baths: 3.5
Sq. Ft.: 3,456
Stories: 2.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Linn County
APN: 11303-53003-00000
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
List AOR: CedarRapidsAreaAssociationOfRealtors
Around this home
Schools
Viola Gibson Elementary School
Public PreK-5 • Assigned • 1.0mi
10/10
Harding Middle School
Public 6-8 • Assigned • 3.8mi
7/10
John F Kennedy High School
Public 9-12 • Assigned • 2.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cedar Rapids, IA • 52411
Average low and high temperatures (°F)
28
12
36
19
56
34
63
44
73
51
82
64
85
68
81
63
80
57
69
47
49
33
34
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 4 hours in December, which is comparable to the
U.S. average for solar exposure.
10.1 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$520,000 – $629,000
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