$87,000
SOLD JUN 21, 2024

2937 Johnson Ave NW Cedar Rapids, IA 52405

2.58 Acres
$33,721 Price per Acre
112,385 Sq Ft Lot

Recently Sold

21% Below List Price

145 Days on Market

Highlights

  • Partially Wooded Lot
  • Open Lot
  • Gentle Sloping Lot
  • Property is near shops

About This Lot

As of June 2024

Please allow 48-72 hours to review offers and paperwork. Thank you.

Last Agent to Sell the Property

Thuy Nguyen

Keller Williams Legacy Group Listed on: 12/20/2023

Keller Williams Legacy Group

Last Buyer's Agent

Thuy Nguyen

Keller Williams Legacy Group Listed on: 12/20/2023

Keller Williams Legacy Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,466

Lot Details

  • 2.58 Acre Lot
  • Open Lot
  • Gentle Sloping Lot
  • Partially Wooded Lot
  • Property is zoned R-2

Location

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

Schools

  • Cleveland Elementary School
  • Roosevelt Middle School
  • Jefferson High School

Community Details

  • Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 143025102600000

Property Details

Property Type

Land

Est. Annual Taxes

$1,466

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Lot/Land
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: Extremely affordable 2.58 acre lot located on the NW side of Cedar Rapids, Iowa. Conveniently located close to Edgewood Road with easy frontage access onto Johnson Ave NW, shopping, and bus-line. The parcel features a flat front and wooded on top of a hill in the back. In addition, the has multi-use possibilities such-as single family residential, multi-family units, and/or commercial usage opportunities. Please reach out for more information.
  • Tax Year Report: 2022
  • Potential Use: Commercial/Industrial, Residential
  • Subdivision: Land
  • Directions: 1/4 Miles East of Edgewood Rd on Johnson Ave NW
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Pavement

Condo/Co-op/Association

  • Amenities: Neighborhood, Street Lights, Close to Shopping, On Bus Line

Schools

  • High School: Jefferson
  • Jr Middle School: Roosevelt
  • Elementary School: Cleveland

Lot Info

  • Acreage: 2.58
  • Geo Subdivision: IA
  • Zoning: R-2
  • Estimated Lot Sq Ft: 2-5 Acres
  • Improvements: Open Land, Partially Wooded, Wooded/Timber
  • Present Use: Undeveloped Land
  • Topology: Gentle Rolling

Tax Info

  • Gross Tax County City: 1200
  • Assessor Parcel Number: 143025102600000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jun 13, 2024
Sold by
Ambikapathi Arunachalam
Bought by
First Pentecostal Community
Seller's Agent
Thuy Nguyen
Keller Williams Legacy Group
Buyer's Agent
Thuy Nguyen
Keller Williams Legacy Group
List Price
$110,000
Sold Price
$87,000
Premium/Discount to List
-$23,000
-20.91%
Views
110
Current Estimated Value
$142,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,432
Avg. Annual Appreciation
62.27%

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 16, 2018
Sold by
Side By Side Own Llc
Bought by
Ambikapathi Arunachalam
Seller's Agent
Jim Zachar
COLDWELL BANKER HEDGES
Buyer's Agent
Pushpa Aggarwal
IOWA REALTY
List Price
$49,000
Sold Price
$46,000
Premium/Discount to List
-$3,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Mar 7, 2017
Sold by
Billick Keith
Bought by
Side By Side Own Llc
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 $87,000 None Listed On Document
Warranty Deed $46,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $87,000 -12.1% --
03/25/2024 03/25/24 Price Changed $99,000 -10.0% --
12/20/2023 12/20/23 For Sale $110,000 +139.1% --
05/17/2018 05/17/18 Sold $46,000 -6.1% --
04/17/2018 04/17/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $49,000 +96.0% --
08/13/2015 08/13/15 Sold $25,000 0.0% --
07/31/2015 07/31/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $25,000 -- --
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 $1,466 $69,500 $69,500 $0
2022 $1,200 $69,500 $69,500 $0
2021 $1,278 $57,900 $57,900 $0
2020 $1,278 $57,900 $57,900 $0
2019 $1,248 $57,900 $57,900 $0
2018 $1,214 $57,900 $57,900 $0
2017 $1,230 $57,900 $57,900 $0
2016 $1,230 $57,900 $57,900 $0
2015 $1,232 $57,900 $57,900 $0
2014 $1,232 $57,900 $57,900 $0
2013 $1,206 $57,900 $57,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202306370

Iowa City Area Association of REALTORS®

APN: 14302-51026-00000