NOT LISTED FOR SALE

2725 Edgewood Pkwy SW Cedar Rapids, IA 52404

Estimated Value: $1,746,491

-- Bed
-- Bath
2,410 Sq Ft
$725/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $1,450,000 $602 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $12,537/month

About This Home

As of August 2021

COMP PURPOSES ONLY

Last Agent to Sell the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 08/09/2021

Mel Foster Co. Commercial

Last Buyer's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 08/09/2021

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Year Built

  • Built in 2016

Lot Details

  • 1.91

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Lvt Date: 08/10/2021
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 10974
  • Estimated Lot Sq Ft: 83199

Exterior Features

  • Exterior Finish: Stone
  • Frontage Access: City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 1.91
  • Zoning: S-MR
  • Geo Subdivision: IA
  • Property Use: Other Property Use

Rental Info

  • Owner Pays: N/A
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 45896
  • Parcel Id Number Tax Id: 14313-53023
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Aug 4, 2021
Sold by
Berry Properties Llc
Bought by
Jjo Llc
Seller's Agent
Thad DenHartog
Mel Foster Co. Commercial
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$1,450,000
Sold Price
$1,450,000
Current Estimated Value
$1,746,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,491
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Deb Properties Inc
Bought by
Berry Properties Lc

Purchase Details

Closed on
Apr 27, 2010
Sold by
Ethnic Ventures Llc and Miller Keith V
Bought by
Farmers State Bank

Purchase Details

Closed on
Jul 17, 2006
Sold by
Schley Ann E and Schley Robert B
Bought by
Ethnic Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,600
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Jjo Llc $1,450,000 None Available
Berry Properties Lc -- None Available
Farmers State Bank $576,987 None Available
Ethnic Ventures Llc $364,500 None Available
Schley Ann E $109,500 None Available
Hughes Evan R -- None Available
R A E Investments Inc $329,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ethnic Ventures Llc $880,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2021 08/09/21 Sold $1,450,000 0.0% $602 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $1,450,000 -- $602 / Sq Ft
Source: RMLS Alliance

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 $40,088 $1,239,700 $401,800 $837,900
2024 $41,656 $1,239,200 $401,800 $837,400
2023 $41,656 $1,239,200 $401,800 $837,400
2022 $40,494 $1,258,200 $401,800 $856,400
2021 $42,938 $2,114,600 $401,800 $1,712,800
2020 $42,938 $2,212,800 $401,800 $1,811,000
2019 $41,402 $2,212,800 $401,800 $1,811,000
2018 $41,206 $1,307,300 $401,800 $905,500
2017 $11,177 $253,600 $222,300 $31,300
2016 $11,177 $325,000 $222,300 $102,700
2015 $19,906 $579,305 $301,820 $277,485
2014 $17,500 $579,305 $301,820 $277,485
2013 $20,140 $579,305 $301,820 $277,485
Source: Public Records

Agents Affiliated with this Home

  • Thad DenHartog

    Seller's Agent in 2021

    Thad DenHartog

    Mel Foster Co. Commercial

    (563) 650-8676

    116 Total Sales

    Thad DenHartog
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Map

Source: RMLS Alliance

MLS Number: QC4225088

RMLS Alliance

APN: 14313-53023-00000

Iowa Linn County Cedar Rapids 52404

2725 Edgewood Pkwy SW, Cedar Rapids, IA

Not Listed for Sale

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