NOT LISTED FOR SALE

501 E Cedar St Mechanicsville, IA 52306

Estimated Value: $378,000

-- Bed
-- Bath
-- Sq Ft
2.85 Acres

Last Sold April 24, 2018

Last sale price $115,000

Est. 229% increase in value since last sale

Current estimated payment $2,447/month

67 Days on Market

About This Home

As of April 2018

Historic Cedar County Sale Barn. Commercial Property has frontage to Railroad, Hwy 30 corridor & is appr. 2.85 acres +/-. Perfect location for trucking companies, feed mills or any business that may need railroad accessibility. Lot has had over 200 loads of gravel hauled in & has a good base. Building has several overhead heaters and could be enclosed for events with a center arena. East side of building has a lot of potential uses including storage, shop, etc. Lot C of Parcel 044001242340050 is included. See attached plats of parcels for sale. Possibility of leasing the property if long term. Lots A & B of Parcel 044001242340050 could also be purchased with this property

Last Agent to Sell the Property

Jeff Wallick

Keller Williams Legacy Group License #S61249000 Listed on: 01/21/2018

Keller Williams Legacy Group

Last Buyer's Agent

Jeff Wallick

Keller Williams Legacy Group License #S61249000 Listed on: 01/21/2018

Keller Williams Legacy Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $904

Year Built

  • Built in 1946

Lot Details

  • 2.85

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for janitorial, trash, snow/lawn, gas, electric, heating, cooling, water/sewer
  • The owner pays for real estate taxes, insurance, structural maintenance, common area

Property Details

Property Type

Other

Est. Annual Taxes

$904

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 9
  • Maximum Ceiling Ht Inch: 108
  • Min Ceiling Ht Feet: 9
  • Min Ceiling Ht Inches: 108
  • Other Access: Rail Serv Available
  • Total Building Sq Ft: 8050
  • Estimated Lot Sq Ft: 2.85

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Corner Lot, Inside Lot, City Street
  • Insulation: Side Walls, Unknown
  • Roof Construction: Metal
  • Wall Construction: Frame, Other Wall Construction

Garage/Parking

  • Numberparking Spaces Allocated: 75

Utilities

  • Cooling: Central Air, Office Only
  • Heating: Forced Air, Gas, Individual Units
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 2.85
  • Zoning: C-13
  • Geo Subdivision: IA
  • Property Use: Business Park, Distribution Warehouse, Other Property Use, Truck Terminal, Warehouse

Rental Info

  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Common Area
  • Sale Lease Includes: Building, Land, Sale/Lease Other
  • Tenant Pays: Janitorial, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: 5 Years, Other Term/Lease, Renewal Option, Yearly

Tax Info

  • Annual Taxes: 904
  • Parcel Id Number Tax Id: 044001242360010
  • Tax Incentive: In City Limit
  • Tax Year: 2017

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Coberly Investments Llc $200,000
Closed Wingert Ronald G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $115,000 -4.2% --
03/29/2018 03/29/18 Pending -- -- --
01/21/2018 01/21/18 For Sale $120,000 -- --
Source: RMLS Alliance

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
2024 $11,658 $395,820 $21,980 $373,840
2023 $11,658 $422,500 $21,980 $400,520
2022 $6,660 $284,930 $21,980 $262,950
2021 $5,804 $284,930 $21,980 $262,950
2020 $1,414 $272,410 $21,980 $250,430
2019 $950 $48,660 $0 $0
2018 $924 $48,660 $0 $0
2017 $924 $45,740 $0 $0
2016 $1,368 $70,140 $0 $0
2015 $2,174 $70,140 $0 $0
2014 $1,482 $70,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Wallick

    Seller's Agent in 2018

    Jeff Wallick

    Keller Williams Legacy Group

    (563) 886-4953

    98 Total Sales

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Map

Source: RMLS Alliance

MLS Number: RMAQC7038340

RMLS Alliance

APN: 0440-01-24-236-001-0

Iowa Cedar County Mechanicsville 52306

501 E Cedar St, Mechanicsville, IA

This home is located at 501 E Cedar St, Mechanicsville, IA 52306 since 21 January 2018 and is currently priced at $378,000. This property was built in 1946. 501 E Cedar St is a home located in Cedar County with nearby schools including North Cedar Junior/Senior High 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.

RMLS Alliance 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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