$900,000
SOLD MAR 30, 2018

2380 Edgewood Rd SW Cedar Rapids, IA 52404

1.29 Acres
$697,674 Price per Acre
56,192 Sq Ft Lot

Recently Sold

18% Below List Price

94 Days on Market

About This Lot

As of December 2021

Join Restaurant Row in the heart of the SW retail/commercial district. Westdale Mall outlot opportunity, pad-ready site. High profile location with over 20,000 vehicles per day.

Last Agent to Sell the Property

Adam Gibbs

GLD COMMERCIAL Listed on: 08/28/2017

Co-Listed By

Erica Seelman

GLD COMMERCIAL

Last Buyer's Agent

Adam Gibbs

GLD COMMERCIAL Listed on: 08/28/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,082

Lot Details

  • 1.29 Acre Lot
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$17,082

Lot Details

0

Listing Details

  • Acres: 1.2900
  • City Name: Cedar Rapids
  • Current Zoning: C-2
  • Gross Tax: 17082
  • List User Cell Phone: 319-721-1520
  • Net Tax: 17082
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.81818
  • Ratio Close Price By Original Li: 0.81818
  • Water Sewer Roads: City Sewer, City Water, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas

Lot Info

  • Lot Size: 1.29 Acre

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%
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%
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 Type Sale Price Title Company
Warranty Deed $975,000 Fidelity National Title
Warranty Deed $900,000 None Available
Warranty Deed -- None Available
Warranty Deed $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: 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
2025 $39,008 $2,652,000 $903,000 $1,749,000
2024 $23,046 $2,545,600 $903,000 $1,642,600
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

    236 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

    86 Total Sales

    Erica Seelman
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1708114

Cedar Rapids Area Association of REALTORS®

APN: 13364-01020-00000

Iowa Linn County Cedar Rapids 52404

2380 Edgewood Rd SW, Cedar Rapids, IA

This home is located at 2380 Edgewood Rd SW, Cedar Rapids, IA 52404 and is currently priced at $900,000. 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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