$325,000
SOLD DEC 23, 2020

6600 16th Ave SW Cedar Rapids, IA 52404

2.88 Acres
$112,847 Price per Acre
125,453 Sq Ft Lot

Recently Sold

13% Below List Price

94 Days on Market

About This Lot

As of February 2024

Highly visible commercial lot located just west of the corner of 16th Ave SW and Stoney Point Rd SW. 2.88 acres in size and currently zoned light industrial. Conveniently located on 16th Avenue SW approximately 1 mile from both Highway 30 and Highway 100.

Last Agent to Sell the Property

Adam Gibbs

GLD COMMERCIAL Listed on: 07/10/2020

Co-Listed By

Michael Gibbs

GLD COMMERCIAL

Last Buyer's Agent

Angie Glick

GLD COMMERCIAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,990

Lot Details

  • 2.88 Acre Lot
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$8,990

Lot Details

0

Listing Details

  • Acres: 2.8800
  • City Name: Cedar Rapids
  • Current Zoning: Lt Indus
  • List User Cell Phone: 319-721-1520
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.86667
  • Ratio Close Price By Original Li: 0.86667
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Lot Info

  • Lot Size: 2.88 Ac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 1, 2024
Sold by
Blue Box Llc
Bought by
Ll & C Llc
Seller's Agent
Angie Glick
GLD COMMERCIAL
Buyer's Agent
Angie Glick
GLD COMMERCIAL
List Price
$610,000
Sold Price
$575,000
Premium/Discount to List
-$35,000
-5.74%
Views
8
Current Estimated Value
$597,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,800

Purchase Details

Listed on
Jul 10, 2020
Closed on
Dec 23, 2020
Sold by
Garling Construction Inc
Bought by
Blue Box Llc
Seller's Agent
Adam Gibbs
GLD COMMERCIAL
Buyer's Agent
Angie Glick
GLD COMMERCIAL
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.14%
Original Mortgage
$1,620,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2020
Sold by
D & P Development Llc
Bought by
Garling Construction Inc

Purchase Details

Closed on
Mar 11, 2020
Sold by
Taw Llc
Bought by
D & P Development Llc
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 Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Warranty Deed $325,000 None Available
Warranty Deed $415,200 Neppl William J
Warranty Deed $220,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,620,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $575,000 -5.7% --
01/08/2024 01/08/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $610,000 +87.7% --
12/23/2020 12/23/20 Sold $325,000 -13.3% --
07/10/2020 07/10/20 For Sale $375,000 -- --
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 $8,990 $312,300 $312,300 --
2024 $10,570 $312,300 $312,300 --
2023 $10,570 $312,300 $312,300 $0
2022 $10,346 $312,300 $312,300 $0
2021 $4,324 $312,300 $312,300 $0
2020 $4,324 $196,000 $196,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005100

Cedar Rapids Area Association of REALTORS®

APN: 13274-78045-00000