NOT LISTED FOR SALE

Estimated Value: $33,000 - $155,000

0.13 Acres
$877,477 Price per Acre
5,663 Sq Ft Lot

Sale Details

Date Sold: May 9, 2025

Last sale price $20,000

Est. 470% increase in value since last sale

Current estimated payment $719 / mo

40 Days on Market

About This Lot

As of May 2025

Adjacent lot (1241 Hazel Drive) is also listed for sale; option to purchase both lots for $40,000. Call listing agent for more info.

Last Agent to Sell the Property

Debra Callahan

RE/MAX Concepts Listed on: 03/06/2025

RE/MAX Concepts

Last Buyer's Agent

Debra Callahan

RE/MAX Concepts Listed on: 03/06/2025

RE/MAX Concepts

Property Details

Property Type

  • Land

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a county road

Schools

  • Garfield Elementary School
  • Franklin Middle School
  • Washington High School

Listing and Financial Details

  • Assessor Parcel Number 14152-52012-0000

Property Details

Property Type

Land

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: LOTS/LAND
  • Type: Residential
  • Photo Code: Complete
  • Photo Code1: Broker Provided
  • Remarks: Great opportunity for two adjacent residential lots -- 1241 & 1247 Hazel Drive NE -- in the heart of Cedar Rapids, near Mt. Mercy University, with the option to purchase both lots for $40,000. Together the lots total approximately 0.25 acre. Water and sewer available. Bring your builder! Call listing agent for additional info.
  • Potential Use: Residential
  • Directions: From Oakland Road NE, east on Elmhurst Drive NE, then east on Hazel Drive NE.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County/City Road
  • Structure: Residence

Utilities

  • Utilities Available: See Other Remarks

Schools

  • High School: Washington
  • Jr Middle School: Franklin
  • Elementary School: Garfield

Lot Info

  • Acreage: 0.13
  • Geo Subdivision: IA
  • Zoning: Res
  • Estimated Lot Sq Ft: Less Than .5 Acre

Tax Info

  • Assessor Parcel Number: 14152-52012-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
May 7, 2025
Sold by
Mount Mercy College
Bought by
Cr 1241 Hazel Drive Ne Llc
Seller's Agent
Debra Callahan
RE/MAX Concepts
Buyer's Agent
Debra Callahan
RE/MAX Concepts
List Price
$22,500
Sold Price
$20,000
Premium/Discount to List
-$2,500
-11.11%
Views
26
Current Estimated Value
$114,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,072
Avg. Annual Appreciation
490.99%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Aldridge Martha J
Bought by
Mount Mercy College

Purchase Details

Closed on
Dec 13, 2006
Sold by
Baner Terrill M
Bought by
Aldridge Martha J

Purchase Details

Closed on
Aug 29, 2003
Sold by
Contract Exchange Corp
Bought by
Aldridge Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
10.5%
Mortgage Type
Seller Take Back
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
Cr 1241 Hazel Drive Ne Llc $20,000 None Listed On Document
Mount Mercy College $117,500 None Available
Aldridge Martha J $67,000 None Available
Aldridge Martha J $67,500 --
Contract Exchange Corp $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aldridge Martha J $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $20,000 -11.1% --
04/15/2025 04/15/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $22,500 -- --
Source: Iowa City Area Association of REALTORS®

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 -- $30,300 $30,300 --
2024 -- $27,600 $27,600 --
2023 -- $27,600 $27,600 --
2022 $0 $27,600 $27,600 $0
2021 $0 $27,600 $27,600 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202501504

Iowa City Area Association of REALTORS®

APN: 14152-52013-00000

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