NOT LISTED FOR SALE

4299 Lewis Access Rd Center Point, IA 52213

Estimated Value: $1,311,723

16 Acres
$81,778 Price per Acre
698,702 Sq Ft Lot

Last Sold November 18, 2022

Last sale price $1,190,000 $258 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,605/month

80 Days on Market

Highlights

  • 16.04 Acre Lot
  • Machine Shed
  • Level Lot
  • Center Point-Urbana Middle School Rated A-

About This Lot

As of November 2022

Over 16 acres of commercial development land positioned along I-380 with visibility to approximately 24,000 vehicles per day. Currently zoned Highway Commercial. A 4,620 SF warehouse/flex building is included and is comprised of approximately half warehouse and half office. The warehouse includes 2 overhead doors and the office features 3 private offices and a conference room. At present, the warehouse building is connected to a well and septic system, and city utilities are located on the other side of the interstate. The site is located in Linn County with only a 10 minute drive to Hiawatha.

Last Listed By

Angie Glick

GLD COMMERCIAL Listed on: 08/02/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,375

Year Built

  • 1996

Lot Details

  • 16.04 Acre Lot
  • Level Lot

Farming

  • Machine Shed

Utilities

  • Propane
  • Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$13,375

Year Built

1996

Lot Details

0

Listing Details

  • Acres: 16.0400
  • City Name: Center Point
  • Current Zoning: Hwy Comm
  • Gross Tax: 13375
  • List User Cell Phone: 319-821-0028
  • Miscellaneous: Mach Shed
  • Net Tax: 11050
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.86294
  • Ratio Close Price By Original Li: 0.86294
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1996

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Lp

Lot Info

  • Lot Size: 16.04 Ac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Nov 18, 2022
Sold by
Local Capital Partners Llc
Bought by
W & W Properties Llc
Seller's Agent
Angie Glick
GLD COMMERCIAL
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$1,379,000
Sold Price
$1,190,000
Premium/Discount to List
-$189,000
-13.71%
Total Days on Market
80
Current Estimated Value
$1,311,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,723
Avg. Annual Appreciation
4.06%
Original Mortgage
$1,487,500
Outstanding Balance
$1,450,116
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$138,393

Purchase Details

Closed on
Mar 22, 2021
Sold by
Kramer Farmland Llc
Bought by
Local Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,500
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2021
Sold by
Tmt Farms Llc
Bought by
Kramer Farmland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,800
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 20, 2010
Sold by
Abernathey Family Farms Llc
Bought by
Tmt Farms Llc

Purchase Details

Closed on
May 29, 2009
Sold by
Ferring John A and Ferring Marsha E
Bought by
Abernathey Family Farms Llc

Purchase Details

Closed on
Oct 17, 1997
Sold by
Ferring Robert W and Ferring Mary Jane
Bought by
Ferring John A and Ferring Marsha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.42%
Mortgage Type
Commercial

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
W & W Properties Llc $1,190,000 --
Local Capital Partners Llc $783,500 None Available
Kramer Farmland Llc $783,500 None Available
Tmt Farms Llc $670,500 None Available
Abernathey Family Farms Llc $449,500 None Available
Ferring John A $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open W & W Properties Llc $1,487,500
Previous Owner Local Capital Partners Llc $783,500
Previous Owner Kramer Farmland Llc $626,800
Previous Owner Ferring John A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $1,190,000 -13.7% $258 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $1,379,000 -- $298 / Sq Ft
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 $15,570 $518,200 $316,900 $201,300
2022 $10,892 $498,000 $329,400 $168,600
2021 $11,050 $498,000 $329,400 $168,600
2020 $11,050 $503,800 $329,400 $174,400
2019 $10,688 $497,500 $329,400 $168,100
2018 $10,700 $497,500 $329,400 $168,100
2017 $10,018 $474,000 $329,400 $144,600
2016 $12,391 $470,700 $329,400 $141,300
2015 $12,285 $470,700 $329,400 $141,300
2014 $10,458 $471,600 $329,400 $142,200
2013 $12,280 $471,600 $329,400 $142,200
Source: Public Records

Agents Affiliated with this Home

  • Angie Glick

    Seller's Agent in 2022

    Angie Glick

    GLD COMMERCIAL

    (319) 821-0028

    130 Total Sales

    Angie Glick
    Section Image

  • D

    Buyer's Agent in 2022

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    4,731 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207583

Cedar Rapids Area Association of REALTORS®

APN: 05164-52001-00000

Iowa Linn County Center Point 52213

4299 Lewis Access Rd, Center Point, IA

Homes for Sale in Center Point, IA

This home is located at 4299 Lewis Access Rd, Center Point, IA 52213 since 02 August 2022 and is currently estimated at $1,311,723, approximately $283 per square foot. This property was built in 1996. 4299 Lewis Access Rd is a home located in Linn County with nearby schools including Center Point-Urbana Primary School, Center Point-Urbana Intermediate School, and Center Point-Urbana Middle 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.
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