NOT LISTED FOR SALE

Estimated Value: $327,000

9.83 Acres
$33,266 Price per Acre
428,195 Sq Ft Lot

Sale Details

Date Sold: May 6, 2022

Last sale price $400,000

Est. 18% decrease in value since last sale

Current estimated payment $2,067 / mo

503 Days on Market

About This Lot

As of May 2022

Over 9 acres ready for commercial development along Interstate 80 at Exit 225. Site provides high traffic counts and great visibility along one of the original routes of the Interstate Highway System. Over 33,000 vehicles per day on I-80 at this location. Only 5 minutes to Williamsburg, 7 miles to the Amana Colonies and 20 miles to Iowa City. Includes parcels: 1604-0202-1, 1604-0202-4, 1604-0202-6 & 1604-0202-3

Last Agent to Sell the Property

Angie Glick

GLD COMMERCIAL Listed on: 10/14/2020

Co-Listed By

Erica Seelman

GLD COMMERCIAL

Last Buyer's Agent

Erica Seelman

GLD COMMERCIAL

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,564

Lot Details

  • 9.83 Acre Lot
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,564

Lot Details

9.83 Acres

Listing Details

  • Acres: 9.8300
  • City Name: Williamsburg
  • Gross Tax: 5564
  • List User Cell Phone: 319-821-0028
  • Net Tax: 5564
  • Property Sub Types: Development Land
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.50314
  • Ratio Close Price By Original Li: 0.50314
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas

Lot Info

  • Lot Size: 9.83 Ac

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
May 6, 2022
Sold by
Bought by
Seller's Agent
Angie Glick
GLD COMMERCIAL
Buyer's Agent
Erica Seelman
GLD COMMERCIAL
List Price
$795,000
Sold Price
$400,000
Premium/Discount to List
-$395,000
-49.69%
Current Estimated Value
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,000
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $8,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $400,000 -49.7% --
02/01/2022 02/01/22 For Sale $795,000 +98.8% --
01/31/2022 01/31/22 Off Market $400,000 -- --
10/14/2020 10/14/20 For Sale $795,000 -- --
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,202 $107,140 $105,250 $1,890
2024 $3,176 $165,000 $165,000 $0
2023 $3,268 $165,000 $165,000 $0
2022 $2,996 $165,000 $165,000 $0
2021 $3,010 $165,000 $165,000 $0
2020 $2,398 $165,000 $165,000 $0
2019 $2,992 $165,000 $165,000 $0
2018 $2,956 $165,000 $165,000 $0
2017 $2,874 $165,000 $165,000 $0
2016 $2,926 $165,000 $165,000 $0
2015 -- $165,000 $165,000 $0
2014 -- $316,600 $132,500 $184,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2007254

Cedar Rapids Area Association of REALTORS®

APN: 16-04-0202-1

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