NOT LISTED FOR SALE

6050 7th St SW Cedar Rapids, IA 52404

Estimated Value: $216,202

1.93 Acres
$112,022 Price per Acre
84,071 Sq Ft Lot

Last Sold September 11, 2019

Last sale price $175,000

Est. 24% increase in value since last sale

Current estimated payment $1,368/month

41 Days on Market

Highlights

  • Wooded Lot
  • Prairie Ridge Elementary School Rated A-
  • Level Lot

About This Lot

As of September 2019

Small, unique, industrial zoned lot with easy access to I-380, Highway 30 and Eastern Iowa Airport. Site is ready for construction. Two thirds of lot usable with balance available for detention requirements. See listing agent for more details.

Last Agent to Sell the Property

Scott Olson

SKOGMAN REALTY COMMERCIAL Listed on: 07/01/2019

SKOGMAN REALTY COMMERCIAL

Co-Listed By

Karl Hoffman

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Scott Olson

SKOGMAN REALTY COMMERCIAL Listed on: 07/01/2019

SKOGMAN REALTY COMMERCIAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,611

Year Built

  • 2022

Lot Details

  • 1.93 Acre Lot
  • Level Lot
  • Wooded Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,611

Year Built

2022

Lot Details

0

Listing Details

  • Acres: 1.9300
  • City Name: Cedar Rapids
  • Current Zoning: Lt. Ind.
  • Gross Tax: 3611
  • Miscellaneous: Restrictions
  • Net Tax: 2232
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.89744
  • Ratio Close Price By Original Li: 0.89744
  • Water Sewer Roads: City Sewer, Paved
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Interior Features

  • Site Description: Level, Wooded

Utilities

  • Utilities: Electric, Gas

Lot Info

  • Lot Size: 1.93Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
William R Lane Revocable Trust
Bought by
Kak & T Logistics Llc
Total Days on Market
41
Current Estimated Value
$216,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,400
Outstanding Balance
$1,063,558
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2019
Closed on
Sep 11, 2019
Sold by
Abbie S Animal Clinic Inc
Bought by
William R Lane Revocable Trust
Seller's Agent
Scott Olson
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Scott Olson
SKOGMAN REALTY COMMERCIAL
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%

Purchase Details

Closed on
Nov 20, 2014
Sold by
Bruch Thomas R and Bruch Carol B
Bought by
Bruch Thomas Rolland and The Thomas Rolland Bruch Revocable Trust

Purchase Details

Closed on
Nov 13, 2007
Sold by
Mrots & Leets Inc
Bought by
Abbies Animal Clinic Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2002
Sold by
Daubenmier James and Daubenmier Diane H
Bought by
Rezai Karim and Rezai Yasmine

Purchase Details

Closed on
Feb 12, 1999
Sold by
Aide Care Medical Inc
Bought by
Shaheen Dennis J

Purchase Details

Closed on
Sep 4, 1998
Sold by
Moorman Robert C and Moorman Tara A
Bought by
Aide Care Medical 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
Kak & T Logistics Llc $1,348,000 None Listed On Document
William R Lane Revocable Trust $175,000 None Available
Bruch Thomas Rolland -- None Available
Abbies Animal Clinic Inc $159,500 None Available
Rezai Karim $259,500 --
Shaheen Dennis J $82,500 --
Aide Care Medical Inc $239,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kak & T Logistics Llc $1,078,400
Previous Owner Abbies Animal Clinic Inc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2019 09/11/19 Sold $175,000 -10.3% --
08/11/2019 08/11/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $195,000 -- --
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 $1,904 $150,300 $107,300 $43,000
2022 $3,104 $85,900 $85,900 $0
2021 $3,716 $85,900 $85,900 $0
2020 $3,716 $102,300 $102,300 $0
2019 $2,294 $102,300 $102,300 $0
2018 $2,232 $102,300 $102,300 $0
2017 $3,582 $102,300 $102,300 $0
2016 $3,582 $102,300 $102,300 $0
2015 $3,546 $101,614 $101,614 $0
2014 $2,186 $101,614 $101,614 $0
2013 $2,720 $101,614 $101,614 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Olson

    Seller's Agent in 2019

    Scott Olson

    SKOGMAN REALTY COMMERCIAL

    (319) 247-5000

    101 Total Sales

    Scott Olson
    Section Image
  • Karl Hoffman

    Seller Co-Listing Agent in 2019

    Karl Hoffman

    SKOGMAN REALTY COMMERCIAL

    (319) 366-6427

    157 Total Sales

    Karl Hoffman
    Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904903

Cedar Rapids Area Association of REALTORS®

APN: 19171-02007-00000

Iowa Linn County Cedar Rapids 52404

6050 7th St SW, Cedar Rapids, IA

This home is located at 6050 7th St SW, Cedar Rapids, IA 52404 since 01 July 2019 and is currently priced at $216,202. This property was built in 2022. 6050 7th St SW is a home located in Linn County with nearby schools including Prairie Crest Elementary School, Prairie Heights Elementary School, and Prairie View Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
Information is deemed reliable but not guaranteed.

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