NOT LISTED FOR SALE

7700 Milburn Rd Cedar Rapids, IA 52411

Estimated Value: $405,000 - $625,000

13 Acres
$41,230 Price per Acre
566,280 Sq Ft Lot

Last Sold January 08, 2021

Last sale price $460,000

Est. 17% increase in value since last sale

Current estimated payment $3,430/month

4 Days on Market

Highlights

  • Barn
  • 13 Acre Lot
  • Level Lot
  • John F. Kennedy High School Rated A-
  • Garage

About This Lot

As of January 2021

A rare opportunity to own 13 acres within the Cedar Rapids city limits. If you are looking for acreage on a hard surface road, close to shopping, schools, and interstate, this is it! This one-owner farm will parcel off 13 acres (see plat), more land is available for purchase with an accepted contract. The property includes a ranch home built in 1967 with 3 bedrooms and 1 bathroom, full basement. The home could be expanded with an addition or rented out while you build your dream home. Other buildings on the property include:- 1900: 30' x 20' loafing shed (needs new roof), 20' x 40' crib (needs new roof) 1950: 20' x 24' 2-car garage - 1978: 18’ x 17’ steel grain bin - 1984: 80' X 50' pole barn. The barn has electricity and a large horse area with custom-built horse stalls and tack room. TOT will be completed on septic. The entire estate, including the well and septic, are being sold "as is". Call today for more information

Last Agent to Sell the Property

Karen Mathison

Realty87 Listed on: 09/20/2020

Realty87

Last Buyer's Agent

Karen Mathison

Realty87 Listed on: 09/20/2020

Realty87

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,382

Lot Details

  • 13 Acre Lot
  • Level Lot

Parking

  • Garage

Farming

  • Barn

Utilities

  • Gas Available
  • Well
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$3,382

Lot Details

0

Listing Details

  • Acres: 13.0000
  • City Name: Cedar Rapids
  • Current Zoning: AG
  • Gross Tax: 3382
  • House Yn: Yes
  • List User Cell Phone: 319-573-8106
  • Miscellaneous: Barn(s), Garage, Silo(s)
  • Net Tax: 3382
  • Property Sub Types: Farm
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.97893
  • Ratio Close Price By Original Li: 0.97893
  • Water Sewer Roads: Septic System, Paved, Well Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas

Lot Info

  • Lot Size: 13.0

Rental Info

  • Pets: Pets Allowed

Range of Values:

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Average Value
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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 Change Sq Ft Price
01/08/2021 01/08/21 Sold $460,000 -2.1% --
09/24/2020 09/24/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $469,900 -- --
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 $7,052 $357,200 $29,700 $327,500
2024 $2,704 $361,500 $25,600 $335,900
2023 $2,704 $399,600 $25,600 $374,000
2022 $3,080 $126,600 $20,700 $105,900
2021 $3,080 $147,700 $20,700 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2006656

Cedar Rapids Area Association of REALTORS®

APN: 12254-01002-00000