$195,000
SOLD AUG 17, 2016

2416 29th Ave SW Cedar Rapids, IA 52404

10 Acres
$19,500 Price per Acre
435,600 Sq Ft Lot

Recently Sold

2% Below List Price

391 Days on Market

About This Lot

As of August 2018

Ideal property for residential development, sewer and water at the property, subject to rezoning. Cedar Rapids Planning & Zoning has indicated re-zoning for residential development, potential for multi-density condos or duplex properties.

Last Agent to Sell the Property

R.J. Murphy

SKOGMAN REALTY Listed on: 04/24/2015

Last Buyer's Agent

R.J. Murphy

SKOGMAN REALTY Listed on: 04/24/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,162

Lot Details

  • 10 Acre Lot
  • Gentle Sloping Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$9,162

Lot Details

0

Listing Details

  • Acres: 10.0000
  • City Name: Cedar Rapids
  • Current Zoning: AG
  • House Yn: Yes
  • List User Cell Phone: 319-360-6345
  • Miscellaneous: No Fence
  • Property Sub Types: Development Land
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.97646
  • Ratio Close Price By Original Li: 0.97646
  • Tax Roll Number: 5100200000
  • Water Sewer Roads: City Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll

Utilities

  • Utilities: Electric, Gas
  • Sewer: City Sewer

Schools

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

Lot Info

  • Lot Size: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Aug 22, 2018
Sold by
Nelson Cory and Nelson Marcy
Bought by
Haber Matthew and Fedler Molly
Seller's Agent
Dana Hansen
RE/MAX CONCEPTS
Buyer's Agent
Heather Aswegan
Keller Williams Legacy Group
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Current Estimated Value
$433,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,500
Avg. Annual Appreciation
12.20%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Ehrenfelt Kirk D and Ehrenfelt Donna L
Bought by
Cedar Rapids Korean Baptist Church

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.71%
Mortgage Type
Unknown
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 $215,000 None Available
Warranty Deed $169,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Closed $80,000 Future Advance Clause Open End Mortgage
Closed $400,000 Construction
Previous Owner $100,000 Unknown
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $215,000 -10.4% --
06/26/2018 06/26/18 Price Changed $240,000 -4.0% --
09/12/2017 09/12/17 For Sale $250,000 +28.2% --
08/17/2016 08/17/16 Sold $195,000 -2.4% --
05/19/2016 05/19/16 Pending -- -- --
04/24/2015 04/24/15 For Sale $199,700 -- --
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 $9,162 $514,900 $95,000 $419,900
2022 $3,714 $443,300 $95,000 $348,300
2021 $328 $178,700 $16,800 $161,900
2020 $328 $45,600 $15,700 $29,900
2019 $890 $49,300 $21,700 $27,600
2018 $1,570 $49,300 $21,700 $27,600
2017 $1,544 $81,700 $23,500 $58,200
2016 $1,835 $96,600 $23,500 $73,100
2015 $1,818 $95,755 $22,670 $73,085
2014 $1,802 $95,755 $22,670 $73,085
2013 $1,764 $95,755 $22,670 $73,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1503356

Cedar Rapids Area Association of REALTORS®

APN: 14314-51002-00000