5794 Tower Terrace Rd Cedar Rapids, IA 52411
Estimated Value: $503,000 - $739,000
2.07
Acres
$313,790
Price per Acre
90,169
Sq Ft Lot
Highlights
- Hilly Lot
- John F. Kennedy High School Rated A-
- Wooded Lot
About This Lot
As of August 2012HARD TO FIND IN TOWN WOODED BUILDING LOT 2.07 ACRES M/L WITH COMMUNITY WELL NOT HOOKED UP($2000 APPROX. HOOK UP FEE) AND OTHER UTILITIES CLOSE TO PROPERTY. SEE ATTACHED COVENANTS FOR INFORMATION CONCERNING WELL HOOK UP AND $100 ANNUAL FEE. PROPERTY WILL REQUIRE A SEPTIC SYSTEM TO BE INSTALLED AT THE BUYER'S EXPENSE.
Property Details
Property Type
- Land
Est. Annual Taxes
- $512
Year Built
- 2014
Lot Details
- 2.07 Acre Lot
- Hilly Lot
- Wooded Lot
Utilities
- Gas Available
- Community Well
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2011
Closed on
Jul 30, 2012
Sold by
Kratz Lee C and Kratz Ronda M
Bought by
Nieland Irvine Ii Thomas Eugene and Nieland Irvine Diane Carol
Seller's Agent
Jeff Driscoll
COLDWELL BANKER HEDGES
Buyer's Agent
Jeff Driscoll
COLDWELL BANKER HEDGES
List Price
$65,000
Sold Price
$35,000
Premium/Discount to List
-$30,000
-46.15%
Total Days on Market
448
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,545
Avg. Annual Appreciation
25.01%
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Similar Properties in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nieland Irvine Ii Thomas Eugene | $35,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Irvine Thomas Eugene | $484,000 | |
| Closed | Irvine Thomas Eugene | $484,350 | |
| Closed | Irvine Ii Thomas Eugene | $417,000 | |
| Closed | Irvine Ii Thomas Eugene | $127,045 | |
| Closed | Irvine Ii Thomas E | $544,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2012 08/01/12 | Sold | $35,000 | -46.2% | -- |
| 07/23/2012 07/23/12 | Pending | -- | -- | -- |
| 05/02/2011 05/02/11 | For Sale | $65,000 | -- | -- |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $6,416 | $623,800 | $84,000 | $539,800 |
| 2022 | $6,338 | $462,800 | $84,000 | $378,800 |
| 2021 | $7,000 | $462,800 | $84,000 | $378,800 |
| 2020 | $7,000 | $472,100 | $63,500 | $408,600 |
| 2019 | $6,562 | $452,300 | $63,500 | $388,800 |
| 2018 | $6,422 | $452,300 | $63,500 | $388,800 |
| 2017 | $6,502 | $438,700 | $63,500 | $375,200 |
| 2016 | $4,933 | $334,300 | $63,500 | $270,800 |
| 2015 | $646 | $43,500 | $43,500 | $0 |
| 2014 | $646 | $43,500 | $43,500 | $0 |
| 2013 | $634 | $43,500 | $43,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Driscoll
J
Seller's Agent in 2012
Jeff Driscoll
COLDWELL BANKER HEDGES
(319) 731-2035
15 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 1103141
APN: 12244-77002-00000
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