NOT LISTED FOR SALE

3717 Spring Valley Place NE Cedar Rapids, IA 52411

Estimated Value: $330,000 - $652,000

0.5 Acre
$980,698 Price per Acre
21,780 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $87,500

Est. 460% increase in value since last sale

Current estimated payment $2,863/month

38 Days on Market

Highlights

  • Wooded Lot
  • Cul-De-Sac
  • Gentle Sloping Lot
  • John F. Kennedy High School Rated A-

About This Lot

As of May 2023

Beautifully situated in the popular and prestigious Seminole Valley neighborhood is this distinctive residential lot elevated not only by its specific position in this high-end neighborhood, but also by its literal elevation set atop a peak of the Cedar River Valley amongst dozens of wooded acres. Just across the street are forests of trees connected to larger acreage properties that create privacy, breathing room, and an unusually bucolic feel that makes it hard to believe you are right in the heart of the city just minutes from downtown. This privacy is only enhanced by this being a corner lot with no directly connecting lots to the north and west. Just a few minutes’ drive to both Xavier High School and Ushers Ferry Historic Village. To be situated on this specific lot in this area where the natural landscape is so deeply at the heart of the lifestyle on offer is quite simply a rare opportunity! Come see for yourself.

Last Agent to Sell the Property

Cory Rath

KW Advantage Listed on: 02/02/2023

KW Advantage

Last Buyer's Agent

Olivia Bates

IOWA REALTY

IOWA REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,184

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,184

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Acres: 0.5000
  • Association Fee Frequency: Year
  • City Name: Cedar Rapids
  • Current Zoning: Res
  • Gross Tax: 2184
  • List User Cell Phone: 319-329-2679
  • Net Tax: 2184
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.98315
  • Ratio Close Price By Original Li: 0.98315
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Cul-De-Sac, Gentle Roll, Wooded

Utilities

  • Utilities: Electric, Gas

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Maple Grove
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: Irr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
May 11, 2023
Sold by
Cottage Land Llc
Bought by
Linn Joseph A and Linn Candace M
Seller's Agent
Cory Rath
KW Advantage
Buyer's Agent
Olivia Bates
IOWA REALTY
List Price
$89,000
Sold Price
$87,500
Premium/Discount to List
-$1,500
-1.69%
Total Days on Market
38
Views
73
Current Estimated Value
$490,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,849
Avg. Annual Appreciation
129.01%

Purchase Details

Listed on
Feb 2, 2023
Closed on
May 10, 2023
Sold by
Linn Joseph A and Linn Candace M
Bought by
Little David and Little Lori
Seller's Agent
Cory Rath
KW Advantage
Buyer's Agent
Olivia Bates
IOWA REALTY
List Price
$89,000
Sold Price
$87,500
Premium/Discount to List
-$1,500
-1.69%
Views
73

Purchase Details

Closed on
Mar 5, 2015
Sold by
Prairie View Land L L C
Bought by
Linn Joseph A and Linn Candace M
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 Buyer Sale Price Title Company
Linn Joseph A -- None Listed On Document
Little David $87,500 None Listed On Document
Linn Joseph A $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little David $453,100
Closed Little David $641,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $87,500 -1.7% --
03/12/2023 03/12/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $89,000 -- --
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
2023 $1,359 $117,800 $117,800 $0
2022 $1,443 $105,400 $105,400 $0
2021 $1,642 $105,400 $105,400 $0
2020 $1,611 $74,400 $74,400 $0
2019 $3,300 $74,400 $74,400 $0
2018 $3,604 $74,400 $74,400 $0
2017 $1,620 $74,400 $74,400 $0
2016 $78 $3,700 $3,700 $0
2015 $80 $3,725 $3,725 $0
2014 $80 $3,725 $3,725 $0
2013 $78 $3,725 $3,725 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2300620

Cedar Rapids Area Association of REALTORS®

APN: 13122-28001-00000