NOT LISTED FOR SALE

8303 Morris Hills Rd Toddville, IA 52341

Estimated Value: $452,000 - $657,128

30.24 Acres
$19,321 Price per Acre
1,317,254 Sq Ft Lot

Last Sold June 15, 2015

Last sale price $405,000

Est. 44% increase in value since last sale

Current estimated payment $3,583/month

36 Days on Market

Highlights

  • 30.24 Acre Lot
  • Level Lot
  • Fence is in good condition
  • Alburnett Junior/Senior High School Rated 9+

About This Lot

As of June 2015

32.24 acres of prime land for Developing. Soil quality is 46.2 CSR2 value.Property has the ability for county road entrances from north and south boundaries of the property. Future Toddville Fire department is located 2.35 miles driving distance. This is a must to meet the LESA Scoring requirements for developing possibilities. Parceling of property will go through the Land Preservation Split (LPS). Any developer interested to do further sub-division on the two parcels must have discussion with the Linn County Planning & Zoning department prior to any purchase agreement.

Last Agent to Sell the Property

Tracy Engelbart

REAL ESTATE AMERICA, INC. Listed on: 02/10/2015

Last Buyer's Agent

Tracy Engelbart

REAL ESTATE AMERICA, INC. Listed on: 02/10/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,246

Lot Details

  • 30.24 Acre Lot
  • Fence is in good condition
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,246

Lot Details

0

Listing Details

  • Acres: 30.2400
  • City Name: Toddville
  • Csr Average: 43
  • Current Zoning: AG
  • Gross Tax: 4246
  • List User Cell Phone: 319-981-1200
  • Miscellaneous: Fences-Good
  • Net Tax: 4056
  • Property Sub Types: Farm
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.84995
  • Ratio Close Price By Original Li: 0.79803
  • Tax Roll Number: 122320100400000
  • Water Sewer Roads: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Level

Schools

  • School District: ALBURNETT

Lot Info

  • Lot Size: 30.24 ACR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
Jun 15, 2015
Sold by
Aten Patricia M
Bought by
Scherkenbach James D and Scherkenbach Melissa E
Seller's Agent
Tracy Engelbart
REAL ESTATE AMERICA, INC.
Buyer's Agent
Tracy Engelbart
REAL ESTATE AMERICA, INC.
List Price
$507,500
Sold Price
$405,000
Premium/Discount to List
-$102,500
-20.2%
Current Estimated Value
$584,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,282
Avg. Annual Appreciation
3.55%
Original Mortgage
$57,750
Interest Rate
3.82%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scherkenbach James D $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scherkenbach James D $57,750
Open Scherkenbach James D $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2015 06/15/15 Sold $405,000 -20.2% --
03/18/2015 03/18/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $507,500 -- --
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 $6,114 $558,200 $146,000 $412,200
2024 $5,928 $512,100 $146,000 $366,100
2023 $5,928 $512,100 $146,000 $366,100
2022 $5,878 $423,100 $146,000 $277,100
2021 $5,752 $423,100 $146,000 $277,100
2020 $5,752 $391,400 $110,200 $281,200
2019 $5,094 $391,400 $110,200 $281,200
2018 $5,060 $376,500 $110,200 $266,300
2017 $0 $367,100 $110,200 $256,900
2016 $0 $0 $0 $0
2015 -- $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: 1501122

Cedar Rapids Area Association of REALTORS®

APN: 12232-01007-00000