NOT LISTED FOR SALE

10995 High Life Ct SW Cedar Rapids, IA 52404

Estimated Value: $1,201,592

9 Acres
$141,198 Price per Acre
370,696 Sq Ft Lot

Last Sold June 21, 2021

Last sale price $1,100,000

Est. 9% increase in value since last sale

Current estimated payment $6,667/month

459 Days on Market

About This Lot

As of June 2021

GREAT 8.51 ACRES ON 1-380 IN SW CEDAR RAPIDS, IA.

PREMIUM COMMERCIAL/INDUSTRIAL LOT IN A PREMIUM LOCATION! ALL DEVELOPED AND READY FOR YOUR NEW PROJECT! HIGHLY VISIBLE LOT EXCELLENT LOCATION ON I-380 CORRIDOR. LARGE 8.51 ACRE LOT ZONED INDUSTRIAL/COMMERCIAL, ACCESS TO 2 I-380 EXITS ALL DEVELOPED AND READY FOR YOUR NEW PROJECT! HIGHLY VISIBLE LOT THAT BACKS UP TO I-380. AREA OF OTHER QUALITY COMMERCIAL FACILITIES. LOT ONLY. GREAT LOCATION FOR REGIONAL HUB WITH ACCESS TO MAJOR MIDWEST CITIES. CHICAGO, KANSAS CITY, ST. LOUIS, MINNEAPOLIS-ST. PAUL, DES MOINES

Last Agent to Sell the Property

R.J. Murphy

SKOGMAN REALTY Listed on: 12/13/2018

Last Buyer's Agent

Josh Seamans

SKOGMAN REALTY COMMERCIAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,900

Lot Details

  • 8.51 Acre Lot
  • Lot Dimensions are 533x510
  • Gentle Sloping Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$18,900

Lot Details

0

Listing Details

  • Acres: 8.5100
  • City Name: Cedar Rapids
  • Current Zoning: Ind/Ag
  • Gross Tax: 18900
  • List User Cell Phone: 319-360-6345
  • Net Tax: 277
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.88000
  • Water Sewer Roads: City Sewer, City Water, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll

Utilities

  • Utilities: Electric, Gas

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm
  • School District: COLLEGE COMM

Lot Info

  • Lot Size: 533X510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Jun 11, 2021
Sold by
Twin Bridges Truck City Inc
Bought by
Rexco Equipment Inc
Seller's Agent
R.J. Murphy
SKOGMAN REALTY
Buyer's Agent
Josh Seamans
SKOGMAN REALTY COMMERCIAL
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,201,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,592

Purchase Details

Closed on
Feb 23, 2006
Sold by
West Side Unlimited Corp
Bought by
Twin Bridges Truck City Inc
Source: Public Records

Range of Values:

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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
Rexco Equipment Inc $1,100,000 None Available
Twin Bridges Truck City Inc $1,069,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rexco Equipment Inc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $1,100,000 0.0% --
03/16/2020 03/16/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $1,100,000 0.0% --
12/31/2019 12/31/19 Off Market $1,100,000 -- --
08/29/2019 08/29/19 Price Changed $1,100,000 -12.0% --
12/13/2018 12/13/18 For Sale $1,250,000 -- --
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
2023 $358 $1,415,700 $877,500 $538,200
2022 $346 $14,800 $14,800 $0
2021 $304 $14,800 $14,800 $0
2020 $304 $13,700 $13,700 $0
2019 $272 $18,900 $18,900 $0
2018 $264 $18,900 $18,900 $0
2017 $258 $20,900 $20,900 $0
2016 $258 $20,900 $20,900 $0
2015 $266 $22,556 $22,556 $0
2014 $256 $22,556 $22,556 $0
2013 $238 $22,556 $22,556 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1808388

Cedar Rapids Area Association of REALTORS®

APN: 19332-51008-00000