NOT LISTED FOR SALE

1 Research Center Marion, IA 52302

Estimated Value: $3,023,210

8 Acres
$377,901 Price per Acre
348,480 Sq Ft Lot

Last Sold September 02, 2016

Last sale price $380,000

Est. 696% increase in value since last sale

Current estimated payment $22,103/month

89 Days on Market

Highlights

  • 8 Acre Lot
  • Starry Elementary School Rated A-
  • Gentle Sloping Lot

About This Lot

As of September 2016

Scenic site adjacent to high traffic office/retail area. Solid potential for residential or assisted living facility. Two access points. See attached drawing for location.

Last Agent to Sell the Property

Scott Olson

SKOGMAN REALTY COMMERCIAL Listed on: 08/07/2015

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Scott Olson

SKOGMAN REALTY COMMERCIAL Listed on: 08/07/2015

SKOGMAN REALTY COMMERCIAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $74,214

Lot Details

  • 8 Acre Lot
  • Gentle Sloping Lot

Property Details

Property Type

Land

Est. Annual Taxes

$74,214

Lot Details

0

Listing Details

  • Acres: 8.0000
  • City Name: Marion
  • Current Zoning: Comm
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.96203
  • Ratio Close Price By Original Li: 0.96203
  • Tax Roll Number: 1 Research Center
  • Water Sewer Roads: Not Connected, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll

Utilities

  • Sewer: City Sewer, Not Connected

Lot Info

  • Lot Size: 8 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2019
Sold by
One Research Center Llc
Bought by
Synebak Inc
Current Estimated Value
$3,023,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,316,250
Outstanding Balance
$1,095,919
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,927,291
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Synebak Inc $2,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Synebak Inc $1,316,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $380,000 -3.8% --
11/04/2015 11/04/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $395,000 -- --
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $74,214 $2,266,800 $639,700 $1,627,100
2024 $75,494 $2,109,100 $708,700 $1,400,400
2023 $75,494 $2,109,100 $708,700 $1,400,400
2022 $72,792 $2,119,000 $545,100 $1,573,900
2021 $75,028 $2,119,000 $545,100 $1,573,900
2020 $75,028 $2,198,900 $545,100 $1,653,800
2019 $69,338 $2,038,500 $545,100 $1,493,400
2018 $69,376 $2,038,500 $545,100 $1,493,400
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Olson

    Seller's Agent in 2016

    Scott Olson

    SKOGMAN REALTY COMMERCIAL

    (319) 247-5000

    7 in this area

    89 Total Sales

    Scott Olson
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1506221

Cedar Rapids Area Association of REALTORS®

APN: 14121-01015-00000

Iowa Linn County Marion 52302

1 Research Center, Marion, IA

Not Listed for Sale

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