NOT LISTED FOR SALE

5945 Rockwell Dr NE Cedar Rapids, IA 52402

Estimated Value: $241,639

1.39 Acres
$173,841 Price per Acre
60,548 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $217,500

Est. 11% increase in value since last sale

Current estimated payment $1,513/month

177 Days on Market

Highlights

  • Property is near shops
  • Echo Hill Elementary School Rated A
  • Level Lot

About This Lot

As of May 2021

1.39 acre Target outlot available. Directly adjacent to the Super Target on Blairs Ferry Road. Approximately 23,000 vehicles per day on Blairs Ferry Rd at this location.

Last Agent to Sell the Property

Adam Gibbs

GLD Commercial Real Estate Advisors Listed on: 11/05/2020

Last Buyer's Agent

Adam Gibbs

GLD Commercial Real Estate Advisors Listed on: 11/05/2020

Property Details

Property Type

  • Land

Lot Details

  • 1.39 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Property is zoned C2

Location

  • Property is near shops
  • Property is near a bus stop

Schools

  • Westfield Elementary School
  • Linn Mar Middle School
  • Linn Mar High School

Utilities

  • Internet Available
  • Cable TV Available

Community Details

  • Rockwell Ctr Exec Park 7T Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113437700300000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Commercial
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Potential Use: Commercial/Industrial, Office/Institutional
  • Subdivision: Rockwell Ctr Exec Park 7t
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County/City Road, Pavement

Utilities

  • Internet: Yes
  • Utilities Available: Cable TV, Electricity, Natural Gas, Sewer, Water-City

Condo/Co-op/Association

  • Amenities: Sidewalks, Street Lights, Close to Market, Close to Shopping, On Bus Line

Schools

  • High School: Linn Mar
  • Jr Middle School: Linn Mar
  • Elementary School: Westfield

Lot Info

  • Acreage: 1.39
  • Geo Subdivision: IA
  • Zoning: C2
  • Estimated Lot Sq Ft: 1-2 Acres
  • Improvements: Curb & Gutter, Sidewalk
  • Lot: 3
  • Present Use: Platted
  • Topology: Level

Tax Info

  • Assessor Parcel Number: 113437700300000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Apr 30, 2021
Sold by
Meger Gene E
Bought by
1455 Sherman Llc
Seller's Agent
Adam Gibbs
GLD Commercial Real Estate Advisors
Buyer's Agent
Adam Gibbs
GLD Commercial Real Estate Advisors
List Price
$235,000
Sold Price
$217,500
Premium/Discount to List
-$17,500
-7.45%
Current Estimated Value
$241,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,139
Original Mortgage
$217,500
Outstanding Balance
$197,109
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2000
Sold by
Bjornsen Investment Corp
Bought by
Eganhouse Gerald R and Meger Gene E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
1455 Sherman Llc -- None Available
Eganhouse Gerald R $467,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1455 Sherman Llc $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2021 05/16/21 Off Market $217,500 -- --
05/07/2021 05/07/21 Sold $217,500 0.0% --
05/07/2021 05/07/21 Sold $217,500 0.0% -- View Prior Sale
05/01/2021 05/01/21 Pending -- -- --
02/10/2021 02/10/21 Off Market $217,500 -- --
11/05/2020 11/05/20 For Sale $235,000 0.0% --
05/21/2020 05/21/20 For Sale $235,000 +8.0% --
05/16/2020 05/16/20 Off Market $217,500 -- --
03/27/2020 03/27/20 Price Changed $235,000 -14.5% --
11/26/2019 11/26/19 For Sale $275,000 +26.4% --
11/16/2019 11/16/19 Off Market $217,500 -- --
09/04/2019 09/04/19 Price Changed $275,000 -15.4% --
11/28/2018 11/28/18 For Sale $325,000 -- --
Source: Iowa City 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 $30,252 $1,323,100 $347,500 $975,600
2024 $8,246 $1,337,100 $347,500 $989,600
2023 $8,246 $867,800 $347,500 $520,300
2022 $7,196 $278,000 $278,000 $0
2021 $7,134 $278,000 $278,000 $0
2020 $7,134 $278,000 $278,000 $0
2019 $12,254 $333,600 $333,600 $0
2018 $12,006 $333,600 $333,600 $0
2017 $6,868 $189,600 $189,600 $0
2016 $6,862 $189,600 $189,600 $0
2015 $6,856 $189,600 $189,600 $0
2014 $6,856 $189,600 $189,600 $0
2013 $7,168 $189,600 $189,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202006551

Iowa City Area Association of REALTORS®

APN: 11343-77003-00000