A
Seller's Agent in 2025
Ashley Letsch
Pinnacle Realty LLC
(319) 450-8785
1 in this area
43 Total Sales
his property presents endless opportunities! Formerly a thriving restaurant, it is now poised for new ownership and a fresh business venture. Strategically located in a central hub between downtown, Newbo, and both hospitals, ensuring maximum visibility. A functional commercial elevator facilitates the transportation of large items between floors. Recently installed steel roof and meticulously maintained brick exterior. The main level is designed for guest entertainment, boasting a full-service kitchen, bar, multiple dining areas, and restrooms. Exquisite light fixtures and an abundance of character permeate throughout. Multiple entrances at the front and rear enable simultaneous operations. The lower level primarily serves as storage space, with ample room. Included in the sale are the furnishings and appliances. The upper two levels provide living areas, complete with a full kitchen, dining space, bar, bedrooms, bathrooms, and distinctive loft beds. This is an opportunity not to be missed! Selling AS IS
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | None Listed On Document | |
| Sheriffs Deed | $330,929 | None Listed On Document | |
| Special Warranty Deed | $54,000 | None Available | |
| Warranty Deed | $275,000 | None Available | |
| Contract Of Sale | $350,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $51,500 | Credit Line Revolving | |
| Previous Owner | $317,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $320,000 | Seller Take Back |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $245,000 | -2.0% | $42 / Sq Ft |
| 10/03/2025 10/03/25 | Pending | -- | -- | -- |
| 09/18/2025 09/18/25 | For Sale | $250,000 | -- | $42 / Sq Ft |
| 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 | $10,072 | $389,600 | $100,800 | $288,800 |
| 2024 | $9,286 | $415,200 | $100,800 | $314,400 |
| 2023 | $9,286 | $419,500 | $100,800 | $318,700 |
| 2022 | $895 | $361,200 | $100,800 | $260,400 |
| 2021 | $12,468 | $361,200 | $100,800 | $260,400 |
| 2020 | $12,468 | $361,300 | $100,800 | $260,500 |
| 2019 | $5,828 | $190,828 | $66,528 | $124,300 |
| 2018 | $5,923 | $190,828 | $66,528 | $124,300 |
| 2017 | $5,238 | $158,528 | $66,528 | $92,000 |
| 2016 | $7,094 | $158,528 | $66,528 | $92,000 |
| 2015 | $7,921 | $208,894 | $100,800 | $108,094 |
| 2014 | $5,240 | $208,894 | $100,800 | $108,094 |
| 2013 | $7,324 | $208,894 | $100,800 | $108,094 |
A
Seller's Agent in 2025
Ashley Letsch
Pinnacle Realty LLC
(319) 450-8785
1 in this area
43 Total Sales
Buyer's Agent in 2025
Curtis Cleveland
Realty87
(319) 360-0708
4 in this area
144 Total Sales
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2507937
APN: 14214-76004-00000
Ask me questions while you tour the home.