NOT LISTED FOR SALE

5925 Seminole Valley Trail NE Cedar Rapids, IA 52411

Estimated Value: $1,470,171

55 Acres
$26,730 Price per Acre
2,395,800 Sq Ft Lot

Last Sold October 05, 2020

Last sale price $1,077,350

Est. 36% increase in value since last sale

Current estimated payment $9,181/month

85 Days on Market

Highlights

  • 55 Acre Lot
  • Hilly Lot
  • Gentle Sloping Lot
  • Boyle County Middle School Rated A
  • Wooded Lot
  • 3-minute walk to Seminole Valley Park

About This Lot

As of October 2020

This is an excellent investor, developer, or builder opportunity to purchase 55+/- acres of ready to develop residential property. There is currently a proposed plat for approximately 34 lots of upper end residential development. Please refer to attached proposed plat. City sewer and water and other utilities are available and adjacent to site. This is one of the last large northeast side areas ready for residential development. The proposed lots are sized for upper value homes and the adjacent existing new homes are already in the $400,000 plus price range. The right investor can begin development and construction in a very short time period. Must be seen to be appreciated.

Last Agent to Sell the Property

Chip Hughes

Realty87 Listed on: 11/14/2019

Realty87

Last Buyer's Agent

Chip Hughes

Realty87 Listed on: 11/14/2019

Realty87

Property Details

Property Type

  • Land

Lot Details

  • 55 Acre Lot
  • Gentle Sloping Lot
  • Hilly Lot
  • Wooded Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Acres: 55.0000
  • City Name: Cedar Rapids
  • Current Zoning: Res
  • List User Cell Phone: 319-350-5551
  • Property Sub Types: Development Land
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.82873
  • Ratio Close Price By Original Li: 0.82873
  • Water Sewer Roads: City Sewer, City Water, Paved, No Road, Water Not Connected, Sewer Not Connected
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll, Hilly, Wooded

Utilities

  • Utilities: Electric, Gas

Schools

  • School District: Cedar Rapids

Lot Info

  • Lot Size: 55 Acres

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $1,077,350 -17.1% --
02/07/2020 02/07/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $1,300,000 -- --
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 -- $1,720,500 $1,596,400 $124,100
2024 -- -- -- --
2023 -- $1,712,600 $1,596,400 $116,200
2022 $0 $1,673,800 $1,596,400 $77,400
2021 $0 $1,673,800 $1,596,400 $77,400
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chip Hughes

    Realty87

    (319) 350-5551

    2 Total Sales

    Chip Hughes
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1908270

Cedar Rapids Area Association of REALTORS®

APN: 13132-76001-00000

Iowa Linn County Cedar Rapids 52411

5925 Seminole Valley Trail NE, Cedar Rapids, IA

Not Listed for Sale

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Cedar Rapids Area Association of REALTORS® 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.
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