NOT LISTED FOR SALE

605 2nd St Coralville, IA 52241

Estimated Value: $1,409,424

1.06 Acres
$1,329,645 Price per Acre
46,174 Sq Ft Lot

Last Sold April 17, 2015

Last sale price $820,000

Est. 72% increase in value since last sale

Current estimated payment $9,762/month

518 Days on Market

Highlights

  • 1.06 Acre Lot
  • West High School Rated A
  • Level Lot

About This Lot

As of April 2015

ONE ACRE LOT ZONED C-2 ON THE CORALVILLE STRIP. PRIME LOCATION FOR RETAIL AND/OR OFFICE AT LIGHTED INTERSECTION ACROSS FROM THE NEW DUNKIN DONUTS AND VERIDIAN CREDIT UNION.

Last Agent to Sell the Property

Adam Gibbs

GLD COMMERCIAL Listed on: 09/19/2013

Last Buyer's Agent

Josh Seamans

SKOGMAN REALTY COMMERCIAL

Property Details

Property Type

  • Land

Lot Details

  • 1.06 Acre Lot
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Acres: 1.0600
  • City Name: Coralville
  • Current Zoning: C-2
  • Gross Tax: 29012
  • List User Cell Phone: 319-721-1520
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.78095
  • Ratio Close Price By Original Li: 0.78095
  • Tax Roll Number: 1005356021
  • Water Sewer Roads: Paved, City Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas
  • Sewer: City Sewer

Lot Info

  • Lot Size: 1.06 ACRE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2022
Sold by
James St Llc
Bought by
6 & 6Th Developers Llc
Current Estimated Value
$1,409,424

Purchase Details

Closed on
Nov 9, 2018
Sold by
Katrina Miller Llc
Bought by
James St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 19, 2013
Closed on
Apr 17, 2015
Sold by
Reif Oil Co
Bought by
Katrina Miller Llc
Seller's Agent
Adam Gibbs
GLD COMMERCIAL
Buyer's Agent
Josh Seamans
SKOGMAN REALTY COMMERCIAL
List Price
$1,050,000
Sold Price
$820,000
Premium/Discount to List
-$230,000
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
3.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 20, 2010
Sold by
Sinclair Marketing Inc
Bought by
Reif Oil Company

Purchase Details

Closed on
Jan 19, 2010
Sold by
The Sinclair Companies
Bought by
Sinclair Marketing Inc
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 Buyer Sale Price Title Company
6 & 6Th Developers Llc -- None Listed On Document
James St Llc $850,000 None Available
Katrina Miller Llc $820,000 None Available
Reif Oil Company $640,000 None Available
Sinclair Marketing Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James St Llc $800,000
Previous Owner Katrina Miller Llc $622,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $820,000 -21.9% --
02/19/2015 02/19/15 Pending -- -- --
09/19/2013 09/19/13 For Sale $1,050,000 -- --
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
2024 $23,738 $740,700 $740,700 $0
2023 $17,146 $740,700 $740,700 $0
2022 $16,132 $555,500 $555,500 $0
2021 $15,984 $555,500 $555,500 $0
2020 $15,984 $555,500 $555,500 $0
2019 $18,188 $555,500 $555,500 $0
2018 $18,252 $555,500 $555,500 $0
2017 $17,930 $555,500 $555,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1306567

Cedar Rapids Area Association of REALTORS®

APN: 1005356021