NOT LISTED FOR SALE

4480 Blairs Ferry Rd NE Cedar Rapids, IA 52411

Estimated Value: $141,891

7.76 Acres
$18,285 Price per Acre
338,026 Sq Ft Lot

Last Sold March 21, 2017

Last sale price $236,000

Est. 40% decrease in value since last sale

Current estimated payment $767/month

450 Days on Market

About This Lot

As of March 2017

Great location for this almost 8 acre parcel, development potential for many uses. Currently zoned agriculture land but it sits adjacent to a residential development and a church. Possible church, residential or office complex.

Last Agent to Sell the Property

R.J. Murphy

SKOGMAN REALTY Listed on: 11/25/2015

Last Buyer's Agent

Steve Eden

IOWA REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $170

Lot Details

  • 7.76 Acre Lot
  • Gentle Sloping Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$170

Lot Details

0

Listing Details

  • Acres: 7.7600
  • City Name: Cedar Rapids
  • Current Zoning: Ag Land
  • List User Cell Phone: 319-360-6345
  • Property Sub Types: Development Land
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.85818
  • Ratio Close Price By Original Li: 0.71515
  • Water Sewer Roads: City Sewer, City Water, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll

Utilities

  • Utilities: Electric, Gas

Schools

  • Elementary School: Viola Gibson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Monarch Ridge Llc
Bought by
Koester Ryan and Koester Jennifer
Current Estimated Value
$141,891

Purchase Details

Closed on
Sep 16, 2014
Sold by
Salem United Methodist Church Of Cedar R
Bought by
Calvary Chapel Iowa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Koester Ryan $112,500 None Available
Calvary Chapel Iowa $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calvary Chapel Iowa $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2017 03/21/17 Sold $236,000 -28.5% --
02/17/2017 02/17/17 Pending -- -- --
11/25/2015 11/25/15 For Sale $330,000 -- --
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
2025 $170 $11,000 $11,000 --
2024 $184 $9,600 $9,600 --
2023 $184 $9,600 $9,600 $0
2022 $178 $7,900 $7,900 $0
2021 $160 $7,900 $7,900 $0
2020 $160 $7,300 $7,300 $0
2019 $1,146 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1591717

Cedar Rapids Area Association of REALTORS®

APN: 12364-28026-00000