NOT LISTED FOR SALE

940 L St SW Cedar Rapids, IA 52404

Taylor Neighborhood

Estimated Value: $74,000 - $156,000

0.19 Acre
$598,565 Price per Acre
8,102 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $10,000 $11 Per Sq Ft

Est. 1,013% increase in value since last sale

Current estimated payment $667/month

28 Days on Market

About This Lot

As of June 2022

Here is an opportunity to remove and start over. This property is being sold without any value to the structure- the Seller is not allowing anyone to enter the structure.

Last Listed By

Laura Merchan

SKOGMAN REALTY Listed on: 01/20/2022

SKOGMAN REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $106

Year Built

  • 1920

Lot Details

  • 8,102 Sq Ft Lot
  • Lot Dimensions are 60x135

Parking

  • Garage

Property Details

Property Type

Land

Est. Annual Taxes

$106

Year Built

1920

Lot Details

0

Listing Details

  • Acres: 0.1860
  • City Name: Cedar Rapids
  • Current Zoning: Resident
  • Gross Tax: 106
  • List User Cell Phone: 319-551-8900
  • Miscellaneous: Garage
  • Net Tax: 106
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.40000
  • Ratio Close Price By Original Li: 0.40000
  • Taxable Value Tv: 2706.51
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1920

Schools

  • Elementary School: Taylor
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 60x135

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
May 19, 2022
Sold by
Becker Francis A
Bought by
Tak Properties Inc
Seller's Agent
Laura Merchan
SKOGMAN REALTY
Buyer's Agent
Adam Stradt
RE/MAX CONCEPTS
List Price
$25,000
Sold Price
$10,000
Premium/Discount to List
-$15,000
-60%
Total Days on Market
28
Current Estimated Value
$111,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,333
Avg. Annual Appreciation
120.10%
Original Mortgage
$11,250
Outstanding Balance
$10,624
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$89,476

Range of Values:

Collateral Analytics

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ICE

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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
Tak Properties Inc $10,000 Tom Riley Law Firm Plc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D Taggart Holdings Inc $11,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $10,000 -60.0% $11 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $25,000 -- $28 / 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
2023 $594 $32,200 $25,200 $7,000
2022 $104 $28,200 $22,500 $5,700
2021 $110 $5,000 $5,000 $0
2020 $110 $5,000 $5,000 $0
2019 $108 $5,000 $5,000 $0
2018 $104 $5,000 $5,000 $0
2017 $106 $5,000 $5,000 $0
2016 $106 $5,000 $5,000 $0
2015 $106 $5,000 $5,000 $0
2014 $106 $5,000 $5,000 $0
2013 $104 $5,000 $5,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laura Merchan

    SKOGMAN REALTY

    (319) 551-8900

    9 in this area

    87 Total Sales

    Laura Merchan
    Section Image

  • A

    Buyer's Agent in 2022

    Adam Stradt

    RE/MAX

    (319) 573-9668

    12 in this area

    67 Total Sales

    Adam Stradt
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2200318

Cedar Rapids Area Association of REALTORS®

APN: 14283-78003-00000

Iowa Linn County Cedar Rapids 52404 Taylor

940 L St SW, Cedar Rapids, IA

Homes for Sale in Cedar Rapids, IA

This home is located at 940 L St SW, Cedar Rapids, IA 52404 since 20 January 2022 and is currently estimated at $111,333, approximately $126 per square foot. This property was built in 1920. 940 L St SW is a home located in Linn County with nearby schools including Cedar River Academy at Taylor Elementary School, Wilson Middle School, and Thomas Jefferson 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.