NOT LISTED FOR SALE

875 Edgewood Rd Hiawatha, IA 52233

1.71 Acres
-- Price per Acre
74,488 Sq Ft Lot

Last Sold August 17, 2023

Last sale price $413,000 $20 Per Sq Ft

1,205 Days on Market

Highlights

  • 1.71 Acre Lot
  • Commercial or Retail Space
  • Level Lot
  • John F. Kennedy High School Rated A-

About This Lot

As of August 2023

Commissions based on aggregate base rent (exclusive of any rent attributable to additional rent items such as CAM charges and property tax pass-through expenses, and exclusive of any increases to the base rent attributable to the amortization of any tenant or construction allowance that is not included in the base rent.) in the primary term of the lease. *SOC shall be calculated as follows: 3% of the 1st $1M of primary term aggregate base rent, 2.5% of the 2nd $1M of primary term aggregate base rent, 2% of the 3rd $1M of primary term aggregate base rent and 1.5% of the primary term agg. base rent thereafter. Commission schedule shall be applied to all leases with base terms of up to 10 years. 50% lease execution; 50% rent commencement.

Last Agent to Sell the Property

Craig Byers

Q4 Real Estate Listed on: 11/05/2018

Q4 Real Estate

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,288

Lot Details

  • 1.71 Acre Lot
  • Lot Dimensions are 272 x 276
  • Property fronts a county road
  • Level Lot
  • Open Lot
  • Property is zoned C-2

Home Design

  • Commercial or Retail Space

Schools

  • Viola Gibson Elementary School
  • Harding Middle School
  • Kennedy High School

Utilities

  • Phone Available

Community Details

  • Hiawatha North 50Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113117800800000

Property Details

Property Type

Land

Est. Annual Taxes

$7,288

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Commercial
  • Photo Code: Broker Loaded
  • Photo Code1: Broker Loaded
  • Remarks: 1.71 acre shovel-ready site listed at $6.00 PSF adjacent to the Hiawatha Fareway store. Potential to build 20,000 SF building, would work well for retail, office or flex space (neighborhood convenience). Located just off heavily trafficked Boyson Road and not far from the Kirkwood Community College Regional center and Mercy medical clinic.
  • Tax Year Report: 2017
  • Potential Use: Commercial/Industrial
  • Subdivision: Hiawatha North 50th
  • Directions: Located North of Boyson Rd / Edgewood Rd intersection, just South of Fareway
  • L O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County/City Road, Pavement

Utilities

  • Utilities Available: Electricity, Natural Gas, Sewer, Telephone, Water-City

Schools

  • High School: Kennedy
  • Jr Middle School: Harding
  • Elementary School: Viola Gibson

Lot Info

  • Acreage: 1.71
  • Geo Subdivision: IA
  • Lot Dimensions: 272 x 276
  • Zoning: C-2
  • Estimated Lot Sq Ft: 1-2 Acres
  • Improvements: Open Land
  • Present Use: Platted
  • Topology: Level

Tax Info

  • Gross Tax County City: 1158.85
  • Assessor Parcel Number: 113117800800000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Aug 15, 2023
Sold by
Ahmann Properties Llc
Bought by
Hiawatha Arro Llc
Seller's Agent
Craig Byers
Q4 Real Estate
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$446,928
Sold Price
$413,000
Premium/Discount to List
-$33,928
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2015
Sold by
Primahne Associates Llp
Bought by
Ahmann Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hiawatha Arro Llc $413,000 None Listed On Document
Ahmann Properties Llc $227,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jbf Properties Llc $637,119
Closed Hiawatha Arro Llc $180,000
Previous Owner Ahmann Properties Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $413,000 0.0% $20 / Sq Ft
08/17/2023 08/17/23 Sold $413,000 -7.6% $20 / Sq Ft
08/01/2019 08/01/19 For Sale $446,928 +8.2% $22 / Sq Ft
03/28/2019 03/28/19 Off Market $413,000 -- --
11/05/2018 11/05/18 For Sale $446,928 0.0% $22 / Sq Ft
05/23/2017 05/23/17 For Sale $446,928 -- $22 / Sq Ft
Source: Iowa City 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
2023 $7,288 $366,900 $366,900 $0
2022 $6,482 $277,200 $277,200 $0
2021 $732 $277,200 $277,200 $0
2020 $732 $34,200 $34,200 $0
2019 $730 $34,200 $34,200 $0
2018 $716 $34,200 $34,200 $0
2017 $0 $34,200 $34,200 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Byers

    Seller's Agent in 2023

    Craig Byers

    Q4 Real Estate

    (319) 200-8130

    12 in this area

    119 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jason Rogers

    Pivot Real Estate

    (219) 261-2958

    8 in this area

    94 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Nonmember NONMEMBER

    NONMEMBER

  • D

    Buyer's Agent in 2023

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    108 in this area

    4,912 Total Sales

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20186280

Iowa City Area Association of REALTORS®

APN: 11311-78008-00000

Iowa Linn County Hiawatha 52233

875 Edgewood Rd, Hiawatha, IA

This home is located at 875 Edgewood Rd, Hiawatha, IA 52233 since 05 November 2018. 875 Edgewood Rd is a home located in Linn County with nearby schools including Hiawatha Elementary School, Harding Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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