NOT LISTED FOR SALE

3618 Royal Dr SW Cedar Rapids, IA 52404

Estimated Value: $318,000 - $468,000

0.47 Acre
$867,266 Price per Acre
20,473 Sq Ft Lot

Last Sold May 08, 2013

Last sale price $48,150

Est. 747% increase in value since last sale

Current estimated payment $2,726/month

92 Days on Market

About This Lot

As of May 2013

Almost 1/2 acre in this 84 x 244 ft level lot in the College Community Schools. Easy access to Hwy 30 & I-380, Cedar Rapids/Iowa City, shopping, restaurants, movie theaters and more!

Last Agent to Sell the Property

Kathy Louvar

RUHL & RUHL REALTORS® Listed on: 01/18/2013

Last Buyer's Agent

Kathy Louvar

RUHL & RUHL REALTORS® Listed on: 01/18/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $701

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 84 x 244
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$701

Lot Details

0

Listing Details

  • Acres: 0.4700
  • City Name: Cedar Rapids
  • Current Zoning: RES
  • Gross Tax: 701
  • List User Cell Phone: 319-310-4692
  • Net Tax: 700
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.96493
  • Ratio Close Price By Original Li: 0.96493
  • Tax Roll Number: 190627800600000
  • Water Sewer Roads: Paved, City Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas
  • Sewer: City Sewer

Schools

  • School District: COLLEGE COMM

Lot Info

  • Lot Size: 84 X 244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2013
Sold by
Allan Custom Homes Inc
Bought by
Sullivan Jonathan J and Sullivan Blair E
Current Estimated Value
$407,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Outstanding Balance
$221,980
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$185,635

Purchase Details

Listed on
Jan 18, 2013
Closed on
May 6, 2013
Sold by
Elias Donald W and Elias Terri
Bought by
Allan Custom Homes Llc
Seller's Agent
Kathy Louvar
RUHL & RUHL REALTORS®
Buyer's Agent
Kathy Louvar
RUHL & RUHL REALTORS®
List Price
$49,900
Sold Price
$48,150
Premium/Discount to List
-$1,750
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%
Original Mortgage
$265,300
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 21, 2007
Sold by
Signature Homes Inc
Bought by
Elias Donald W and Elias Terri
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
Sullivan Jonathan J $315,500 None Available
Allan Custom Homes Llc $48,500 None Available
Elias Donald W $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Jonathan J $294,500
Previous Owner Allan Custom Homes Llc $265,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2013 05/08/13 Sold $48,150 -3.5% --
04/20/2013 04/20/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $49,900 -- --
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 $7,052 $367,100 $79,400 $287,700
2024 $7,006 $357,300 $74,300 $283,000
2023 $7,006 $372,200 $74,300 $297,900
2022 $6,728 $316,200 $69,200 $247,000
2021 $6,922 $309,600 $58,900 $250,700
2020 $6,922 $304,000 $58,900 $245,100
2019 $6,164 $274,800 $51,200 $223,600
2018 $5,994 $274,800 $51,200 $223,600
2017 $5,994 $273,800 $51,200 $222,600
2016 $5,794 $267,800 $51,200 $216,600
2015 $5,280 $245,420 $51,240 $194,180
2014 $5,280 $242 $242 $0
2013 $4 $242 $242 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kathy Louvar

    Ruhl & Ruhl

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1300549

Cedar Rapids Area Association of REALTORS®

APN: 19062-78006-00000

Iowa Linn County Cedar Rapids 52404

3618 Royal Dr SW, Cedar Rapids, IA

Not Listed for Sale

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