NOT LISTED FOR SALE

5200 Keystone Ridge SE Cedar Rapids, IA 52403

Estimated Value: $716,000 - $1,223,615

3.3 Acres
$270,062 Price per Acre
143,748 Sq Ft Lot

Last Sold January 27, 2015

Last sale price $168,000

Est. 430% increase in value since last sale

Current estimated payment $6,783/month

165 Days on Market

Highlights

  • Waterfront
  • Linn-Mar High School Rated A-
  • Wooded Lot

About This Lot

As of January 2015

Build your dream home on this beautiful tree lined lot in the Keystone on Lakeside development. This elegant, yet relaxed development is located within minutes to both Cedar Rapids and Marion. You will be welcomed by this naturally wooded, tranquil setting that is host to an abundance of wildlife. The development features a large pond and hiking trails. This is country living at its finest, a true escape from the city. Developer hosted tours are welcome, please call the listing agent to schedule yours today.

Last Listed By

Ann Fleckenstein

Keller Williams Legacy Group Listed on: 08/15/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,620

Year Built

  • 2016

Lot Details

  • 3.3 Acre Lot
  • Waterfront
  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$20,620

Year Built

2016

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Acres: 3.3000
  • Association Fee Frequency: Month
  • City Name: Cedar Rapids
  • Current Zoning: RES
  • List User Cell Phone: 319-654-6542
  • Miscellaneous: No Fence
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.75000
  • Ratio Close Price By Original Li: 0.75000
  • Tax Roll Number: 151815100600000
  • Water Sewer Roads: Paved, City Water
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Interior Features

  • Site Description: Water Front, Wooded

Utilities

  • Utilities: Electric, Gas
  • Sewer: City Sewer

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Wilkins
  • Middle School: Excelsior
  • High School: Linn Mar

Lot Info

  • Lot Size: 3.3 ACRES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Rathje Robert L and Rathje Mary L
Bought by
Rathje Mary L and The Mary L Rathje Revocable Trust
Total Days on Market
165
Current Estimated Value
$891,205

Purchase Details

Listed on
Aug 15, 2014
Closed on
Jan 28, 2015
Sold by
Lakeside Development Llc
Bought by
Rathje Robert L and Rathje Mary L
Seller's Agent
Ann Fleckenstein
Keller Williams Legacy Group
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$224,000
Sold Price
$168,000
Premium/Discount to List
-$56,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Properties in Cedar Rapids, IA

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
Rathje Mary L -- None Available
Rathje Robert L $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathje Robert L $350,000
Closed Rathje Robert L $500,000
Closed Rathje Robert L $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2015 01/27/15 Sold $168,000 -25.0% --
12/28/2014 12/28/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $224,000 -- --
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
2023 $20,620 $1,046,400 $233,700 $812,700
2022 $19,080 $911,100 $184,500 $726,600
2021 $19,382 $870,800 $178,800 $692,000
2020 $19,382 $834,100 $178,800 $655,300
2019 $19,380 $842,800 $178,800 $664,000
2018 $7,514 $842,800 $178,800 $664,000
2017 $3,198 $143,000 $143,000 $0
2016 $3,198 $143,000 $143,000 $0
2015 $370 $16,507 $16,507 $0
2014 $370 $16,507 $16,507 $0
2013 $358 $16,507 $16,507 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1405645

Cedar Rapids Area Association of REALTORS®

APN: 15181-51006-00000