NOT LISTED FOR SALE

3780 Edgewood Rd SW Cedar Rapids, IA 52404

1.58 Acres
-- Price per Acre
68,825 Sq Ft Lot

Last Sold April 06, 2017

Last sale price $250,000

130 Days on Market

About This Lot

As of April 2017

1.58 acres commercial lot with high traffic counts and Highway 30 visibility. Potential build to suit opportunity for retail, fast food or professional office. Shared access with Linn Area Credit Union.

Last Agent to Sell the Property

Jim Angstman

Realty87 Listed on: 09/29/2016

Realty87

Last Buyer's Agent

Nancy Hurt

Realty87

Realty87

Property Details

Property Type

  • Land

Lot Details

  • 1.58 Acre Lot
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Acres: 1.5800
  • City Name: Cedar Rapids
  • Current Zoning: C-3
  • Gross Tax: 11952
  • List User Cell Phone: 319-540-1800
  • Net Tax: 11952
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.45405
  • Ratio Close Price By Original Li: 0.45405
  • Water Sewer Roads: City Sewer
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas

Lot Info

  • Lot Size: 68825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Apr 6, 2017
Sold by
Teton Investment Llc
Bought by
M & E Investment Llc
Seller's Agent
Jim Angstman
Realty87
Buyer's Agent
Nancy Hurt
Realty87
List Price
$550,598
Sold Price
$250,000
Premium/Discount to List
-$300,598
-54.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,677,238
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving
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
M & E Investment Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & E Investments Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $250,000 -54.6% --
02/06/2017 02/06/17 Pending -- -- --
09/29/2016 09/29/16 For Sale $550,598 -- --
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 $49,370 $1,590,800 $720,900 $869,900
2022 $45,888 $1,412,100 $720,900 $691,200
2021 $45,822 $1,983,900 $720,900 $1,263,000
2020 $45,822 $1,977,000 $721,000 $1,256,000
2019 $30,130 $942,100 $721,000 $221,100
2018 $9,696 $942,100 $721,000 $221,100
2017 $11,953 $341,400 $341,400 $0
2016 $11,953 $341,400 $341,400 $0
2015 $11,861 $341,350 $341,350 $0
2014 $9,428 $341,350 $341,350 $0
2013 $11,284 $341,350 $341,350 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Angstman

    Seller's Agent in 2017

    Jim Angstman

    Realty87

    (319) 731-3430

    61 Total Sales

    Jim Angstman
    Section Image
  • Nancy Hurt

    Buyer's Agent in 2017

    Nancy Hurt

    Realty87

    (563) 343-6415

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1611858

Cedar Rapids Area Association of REALTORS®

APN: 20014-01006-00000

Iowa Linn County Cedar Rapids 52404

3780 Edgewood Rd SW, Cedar Rapids, IA

This home is located at 3780 Edgewood Rd SW, Cedar Rapids, IA 52404 since 29 September 2016. 3780 Edgewood Rd SW is a home located in Linn County with nearby schools including Prairie Crest Elementary School, Prairie View Elementary School, and Prairie Ridge Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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