NOT LISTED FOR SALE

2380 Edgewood Rd SW Cedar Rapids, IA 52404

Estimated Value: $1,083,691

1.29 Acres
$840,071 Price per Acre
56,192 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $975,000

Est. 11% increase in value since last sale

Current estimated payment $7,929/month

119 Days on Market

Highlights

  • Commercial or Retail Space
  • Property is near schools
  • Level Lot

About This Lot

As of December 2021

This home is located at 2380 Edgewood Rd SW, Cedar Rapids, IA 52404 since 05 May 2021 and is currently priced at $1,083,691. This property was built in 2022. 2380 Edgewood Rd SW is a home located in Linn County with nearby schools including Van Buren Elementary School, Wilson Middle School, and Thomas Jefferson High School.

Last Listed By

Adam Gibbs

GLD Commercial Real Estate Advisors Listed on: 05/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,046

Year Built

  • 2022

Lot Details

  • 1.29 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Property is zoned Trad Mixed Use Regional Ctr

Home Design

  • Commercial or Retail Space

Location

  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Underground Utilities
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 133640102000000

Property Details

Property Type

Land

Est. Annual Taxes

$23,046

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Commercial
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: This pad ready site is an outlot of Westdale along the highly trafficked Edgewood Rd SW. Located next to Freddy's with a daily traffic count in excess of 20,000 vehicles. This location is perfect for a full service restaurant or retail.
  • Tax Year Report: 21466
  • Potential Use: Commercial/Industrial
  • Directions: Westdale outlot between Freddy's and Noodles & Co.
  • L O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • Road Frontage: County/City Road, Pavement

Utilities

  • Internet: Yes
  • Utilities Available: Electricity, Natural Gas, Sewer, Underground Utilities, Water-City

Condo/Co-op/Association

  • Amenities: Sidewalks, Street Lights, Close to Market, Close to School, Close to Shopping, On Bus Line

Lot Info

  • Acreage: 1.29
  • Geo Subdivision: IA
  • Lot Dimensions: 1.29 Ac
  • Zoning: Trad Mixed Use Regional Ctr
  • Estimated Lot Sq Ft: 1-2 Acres
  • Improvements: Sidewalk
  • Present Use: Platted
  • Topology: Level

Tax Info

  • Gross Tax County City: 24620
  • Assessor Parcel Number: 133640102000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Dec 2, 2021
Sold by
Ruppel Phillip A and Phillip A Ruppel Trust
Bought by
Bcp Development Lp
Seller's Agent
Adam Gibbs
GLD Commercial Real Estate Advisors
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$985,000
Sold Price
$975,000
Premium/Discount to List
-$10,000
-1.02%
Total Days on Market
119
Current Estimated Value
$1,083,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,691

Purchase Details

Closed on
Apr 28, 2020
Sold by
Oc Real Estate Llc
Bought by
Ruppel Phillip A and Phillip A Ruppel Trust

Purchase Details

Closed on
Jan 11, 2019
Sold by
Roc Taproom Inc
Bought by
Oc Real Estate Llc

Purchase Details

Listed on
Aug 28, 2017
Closed on
Mar 30, 2018
Sold by
Edgewood Partners Llc
Bought by
Roc Taproom Inc
Seller's Agent
Adam Gibbs
GLD COMMERCIAL
Buyer's Agent
Adam Gibbs
GLD COMMERCIAL
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Property in the area

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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
Bcp Development Lp $975,000 Fidelity National Title
Ruppel Phillip A $900,000 None Available
Oc Real Estate Llc -- None Available
Roc Taproom Inc $900,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $975,000 -1.0% --
09/01/2021 09/01/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $985,000 +9.4% --
03/30/2018 03/30/18 Sold $900,000 -18.2% --
08/28/2017 08/28/17 For Sale $1,100,000 -- --
Source: Iowa City 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 $23,046 $1,207,800 $722,400 $485,400
2022 $22,040 $722,400 $722,400 $0
2021 $22,348 $722,400 $722,400 $0
2020 $22,348 $722,400 $722,400 $0
2019 $21,466 $722,400 $722,400 $0
2018 $24,028 $722,400 $722,400 $0
2017 $0 $516,000 $516,000 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Gibbs

    Seller's Agent in 2021

    Adam Gibbs

    GLD Commercial Real Estate Advisors

    (319) 731-3415

    243 Total Sales

    Adam Gibbs
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Nonmember NONMEMBER

    NONMEMBER

  • Erica Seelman

    Seller Co-Listing Agent in 2018

    Erica Seelman

    GLD COMMERCIAL

    (319) 329-4141

    94 Total Sales

    Erica Seelman
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202102702

Iowa City Area Association of REALTORS®

APN: 13364-01020-00000

Iowa Linn County Cedar Rapids 52404

2380 Edgewood Rd SW, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 2380 Edgewood Rd SW, Cedar Rapids, IA 52404 since 05 May 2021 and is currently priced at $1,083,691. This property was built in 2022. 2380 Edgewood Rd SW is a home located in Linn County with nearby schools including Van Buren Elementary School, Wilson Middle School, and Thomas Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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