NOT LISTED FOR SALE

1919 Edgewood Rd SW Cedar Rapids, IA 52404

Estimated Value: $1,498,604

2.18 Acres
$687,433 Price per Acre
94,961 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $1,330,000 $61 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,001/month

310 Days on Market

About This Lot

As of November 2022

Pad ready site on the high-traffic, signalized corner of Edgewood and Williams Blvd/Highway 151. Site has outstanding presence with an elevation slightly above street level and the site also has excellent, direct access to the roadway. Daily traffic count is over 20,800 cars per day. Area is exploding with new residential infill and new businesses.

Last Listed By

Tiffany Earl-Williams

SKOGMAN REALTY COMMERCIAL Listed on: 01/24/2022

SKOGMAN REALTY COMMERCIAL

Property Details

Property Type

  • Land

Year Built

  • 1978

Lot Details

  • 2.18 Acre Lot
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Year Built

1978

Lot Details

0

Listing Details

  • Acres: 2.1800
  • City Name: Cedar Rapids
  • Current Zoning: S-MC
  • Gross Tax: 46798
  • List User Cell Phone: 319-651-8165
  • Net Tax: 43716
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.95683
  • Ratio Close Price By Original Li: 0.95683
  • Water Sewer Roads: City Sewer, City Water, Paved
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1978

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas

Schools

  • Elementary School: Van Buren
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 2.18Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Nov 28, 2022
Sold by
Fab Five Llc
Bought by
Mercy Medical Center
Seller's Agent
Tiffany Earl-Williams
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Tiffany Earl-Williams
SKOGMAN REALTY COMMERCIAL
List Price
$1,390,000
Sold Price
$1,330,000
Premium/Discount to List
-$60,000
-4.32%
Total Days on Market
310
Views
3
Current Estimated Value
$1,498,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,604
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Nov 6, 2014
Sold by
Hoyt Investments Inc
Bought by
Fab Five Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Properties in Cedar Rapids, IA

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
Mercy Medical Center $1,330,000 --
Fab Five Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $1,330,000 -4.3% $61 / Sq Ft
01/24/2022 01/24/22 For Sale $1,390,000 -- $64 / Sq Ft
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 $20,298 $650,400 $616,700 $33,700
2022 $21,160 $643,300 $616,700 $26,600
2021 $43,716 $777,100 $616,700 $160,400
2020 $43,716 $1,935,400 $794,200 $1,141,200
2019 $44,568 $1,400,200 $794,200 $606,000
2018 $44,356 $1,400,200 $794,200 $606,000
2017 $40,836 $1,284,200 $794,200 $490,000
2016 $44,165 $1,284,200 $794,200 $490,000
2015 $43,626 $1,269,649 $794,200 $475,449
2014 $41,220 $1,269,649 $794,200 $475,449
2013 $45,244 $1,269,649 $794,200 $475,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2200366

Cedar Rapids Area Association of REALTORS®

APN: 14312-52001-00000