NOT LISTED FOR SALE

825 Marthas Way Hiawatha, IA 52233

Estimated Value: $326,015

1.69 Acres
$192,908 Price per Acre
73,616 Sq Ft Lot

Last Sold December 09, 2013

Last sale price $275,000 $14 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,054/month

19 Days on Market

Highlights

  • 1.69 Acre Lot
  • John F. Kennedy High School Rated A-
  • Level Lot

About This Lot

As of December 2013

PAVED LOT READY FOR RE-DEVELOPMENT IN ACTIVE HIAWATHA BUSINESS PARK. LOT IS ACROSS THE STREET FROM THE NEW KIRKWOOD COLLEGE REGIONAL CENTER. EASY ACCES TO I-380.

Last Agent to Sell the Property

Scott Olson

SKOGMAN REALTY COMMERCIAL Listed on: 10/09/2013

SKOGMAN REALTY COMMERCIAL

Last Buyer's Agent

Adam Gibbs

GLD COMMERCIAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,432

Lot Details

  • 1.69 Acre Lot
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$11,432

Lot Details

0

Listing Details

  • Acres: 1.6900
  • City Name: Hiawatha
  • Current Zoning: C-4
  • Property Sub Types: Commercial Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.93220
  • Ratio Close Price By Original Li: 0.93220
  • Tax Roll Number: 113225400300000
  • Water Sewer Roads: Water Not Connected, Paved, Sewer Not Connected, City Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Utilities

  • Utilities: Electric, Gas
  • Sewer: City Sewer, Not Connected

Lot Info

  • Lot Size: 1.69 ACRE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2013
Closed on
Jan 24, 2014
Sold by
Rkavon Llc
Bought by
F & M Enterprises Llc
Seller's Agent
Scott Olson
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Adam Gibbs
GLD COMMERCIAL
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$326,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,015
Avg. Annual Appreciation
1.45%
Original Mortgage
$250,000
Outstanding Balance
$166,962
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$159,053

Purchase Details

Listed on
Oct 9, 2013
Closed on
Dec 10, 2013
Sold by
Kirkwood Community College
Bought by
Rkavon Llc
Seller's Agent
Scott Olson
SKOGMAN REALTY COMMERCIAL
Buyer's Agent
Adam Gibbs
GLD COMMERCIAL
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$166,962
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$159,053
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
F & M Enterprises Llc $350,000 None Available
Rkavon Llc $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open F & M Enterprises Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2013 12/09/13 Sold $275,000 -6.8% $14 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $295,000 -- $15 / Sq Ft
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 $11,432 $442,400 $384,500 $57,900
2024 $11,432 $451,700 $384,500 $67,200
2023 $11,432 $451,700 $384,500 $67,200
2022 $1,143,200 $352,600 $295,800 $56,800
2021 $8,992 $352,600 $295,800 $56,800
2020 $9,082 $353,200 $295,800 $57,400
2019 $9,188 $346,800 $295,800 $51,000
2018 $8,626 $346,800 $295,800 $51,000
2017 $12,222 $353,800 $295,800 $58,000
2016 $12,222 $353,800 $295,800 $58,000
2015 $12,228 $353,800 $295,800 $58,000
2014 $9,808 $0 $0 $0
2013 $6,968 $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: 1307058

Cedar Rapids Area Association of REALTORS®

APN: 11322-54003-00000