NOT LISTED FOR SALE

428 Westcor Dr Coralville, IA 52241

5 Acres
-- Price per Acre
217,800 Sq Ft Lot

Last Sold April 09, 2012

Last sale price $696,176

46 Days on Market

About This Lot

As of April 2012

This parcel is in Westcor business park off Hwy #6 just west of Coralville. It is 5.0 acres (217,000 sq ft) and is priced at $4.25 per foot for a total price of $925,650. It is zoned I-PUD1 for industrial uses and will be delivered to the buyer with fill on the building pad to 1 foot over the 100 year flood line. All utilities are to the lot line and all roads are paved.

Last Agent to Sell the Property

Jeff Edberg

SKOGMAN REALTY Listed on: 12/01/2011

SKOGMAN REALTY

Last Buyer's Agent

Jeff Edberg

SKOGMAN REALTY Listed on: 12/01/2011

SKOGMAN REALTY

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Acres: 5.0000
  • City Name: Coralville
  • Current Zoning: I-2
  • Gross Tax: 19849
  • List User Cell Phone: 319-331-6187
  • Net Tax: 19850
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.75209
  • Ratio Close Price By Original Li: 0.75209
  • Tax Roll Number: 0634104001
  • 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

  • Elementary School: Clear Creek/Amana
  • Middle School: Clear Creek/Amana
  • High School: Clear Creek/Amana
  • School District: CLEAR CREEK

Lot Info

  • Lot Size: 217800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2019
Sold by
A Holding Company Llc
Bought by
428 Westcor Dr Llc

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
$1,754,772
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 1, 2011
Closed on
Apr 9, 2012
Sold by
Gary Werle Construction Company
Bought by
Zero Energy Systems Llc
Seller's Agent
Jeff Edberg
SKOGMAN REALTY
Buyer's Agent
Jeff Edberg
SKOGMAN REALTY
List Price
$925,650
Sold Price
$696,176
Premium/Discount to List
-$229,474
-24.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,282,128
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
428 Westcor Dr Llc -- None Available
Zero Energy Systems Llc $696,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 428 Westcor Dr Llc $2,000,000
Previous Owner Zero Energy Systems Llc $5,282,128
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2012 04/09/12 Sold $696,176 -24.8% --
01/16/2012 01/16/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $925,650 -- --
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 $114,216 $3,257,400 $696,200 $2,561,200
2024 $113,264 $3,244,300 $696,200 $2,548,100
2023 $96,548 $3,244,300 $696,200 $2,548,100
2022 $95,606 $2,800,000 $696,200 $2,103,800
2021 $81,528 $2,800,000 $696,200 $2,103,800
2020 $81,528 $3,500,000 $696,200 $2,803,800
2019 $133,138 $3,500,000 $696,200 $2,803,800
2018 $133,414 $3,969,900 $696,200 $3,273,700
2017 $145,696 $3,969,900 $696,200 $3,273,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeff Edberg

    SKOGMAN REALTY

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1108081

Cedar Rapids Area Association of REALTORS®

APN: 0634106001

Iowa Johnson County Coralville 52241

428 Westcor Dr, Coralville, IA

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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.
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