$70,000
SOLD OCT 28, 2021

5715 Seminole Valley Trail NE Cedar Rapids, IA 52411

0.59 Acre
$118,644 Price per Acre
25,700 Sq Ft Lot

Recently Sold

1 Day on Market

Highlights

  • Waterfront
  • John F. Kennedy High School Rated A-
  • Wooded Lot

About This Lot

As of October 2024

The latest Usher's Ridge addition, brought to you by Southgate Companies. Nestled along the riverside with an abundance of trees and gorgeous views, this is one of the few available building sites on the NE side! This lot is planned to accommodate a daylight or walkout home, is wooded, and overlooks the Cedar River. Development construction and infrastructure are underway for early Summer 2021 builds and lot closings. Restrictive covenants will be finalized in early 2021. Any offer to be contingent on receiving final recorded plat and restrictive covenants. Use your own builder or ask about ours!

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 10/30/2020

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 10/30/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $190

Lot Details

  • 0.59 Acre Lot
  • Waterfront
  • Wooded Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$190

Lot Details

0

Listing Details

  • Acres: 0.5900
  • City Name: Cedar Rapids
  • Current Zoning: Res
  • List User Cell Phone: 319-361-3881
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Water Sewer Roads: City Sewer, City Water, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Walk Out, Water Front, Wooded

Utilities

  • Utilities: Electric, Gas

Schools

  • Elementary School: Jackson
  • Middle School: Taft
  • High School: Kennedy

Lot Info

  • Lot Size: 0.59 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 8, 2024
Sold by
Sean Patrick Shea Revocable Trust and Kathleen Ann Shea Revocable Trust
Bought by
Ransom Alexandria and Rojas-Steinbrecher Michael S
Seller's Agent
Adam Green
Pinnacle Realty LLC
Buyer's Agent
Breiana Schoeneman
COLDWELL BANKER HEDGES
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Total Days on Market
1
Views
6
Current Estimated Value
$424,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,055
Avg. Annual Appreciation
339.59%
Original Mortgage
$479,420
Interest Rate
6.94%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 New Conventional
Closed $53,500 New Conventional
Closed $479,420 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $532,800 0.0% $324 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $532,800 +610.4% $324 / Sq Ft
04/12/2024 04/12/24 Sold $75,000 -6.1% --
03/08/2024 03/08/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $79,900 +14.1% --
10/28/2021 10/28/21 Sold $70,000 0.0% --
10/31/2020 10/31/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $70,000 -- --
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 $190 $9,000 $9,000 $0
2022 $19,000 $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2007507

Cedar Rapids Area Association of REALTORS®

APN: 13124-78002-00000