NOT LISTED FOR SALE

4801 1st Ave SE Cedar Rapids, IA 52402

-- Bed
-- Bath
4,230 Sq Ft
0.61 Acres

Last Sold September 06, 2016

Last sale price $2,965,000 $701 Per Sq Ft

21 Days on Market

About This Home

As of September 2016

For Comp. Purposes.

Last Listed By

Chris Wilkins

Hawkeye Commercial Real Estate License #B37729000/475.139041 Listed on: 04/11/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $46,856

Year Built

  • Built in 2016

Lot Details

  • 0.61

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$46,856

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 2016
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 6300
  • Estimated Lot Sq Ft: 26,571.60

Exterior Features

  • Exterior Finish: Stucco
  • Frontage Access: Corner Lot
  • Insulation: Roof, Side Walls
  • Roof Construction: Flat
  • Wall Construction: Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.61
  • Zoning: C

Rental Info

  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: Other Term/Lease

Tax Info

  • Parcel Id Number Tax Id: 14024-03004-00000
  • Tax Incentive: In City Limit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Sep 17, 2015
Sold by
Jlds Llc
Bought by
Wct Kre Cr Llc
Seller's Agent
Chris Wilkins
Hawkeye Commercial Real Estate
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$882,000
Sold Price
$882,000
Total Days on Market
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,904,000
Outstanding Balance
$1,539,426
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2010
Sold by
Sweet Jack H and Sweet Marsha
Bought by
Jlds L L C

Purchase Details

Closed on
Nov 29, 2010
Sold by
Rocke Linda S
Bought by
Jlds L L C

Purchase Details

Closed on
Nov 23, 2010
Sold by
Sweet Steven O
Bought by
Jlds L L C

Purchase Details

Closed on
Nov 22, 2010
Sold by
Sweet Dudley R and Sweet Janet
Bought by
Jlds L L C

Purchase Details

Closed on
Nov 18, 2010
Sold by
Sweet Jack H
Bought by
Sweet Jack H and Rocke Linda S

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
Wct Kre Cr Llc $580,000 None Available
Jlds L L C -- None Available
Jlds L L C -- None Available
Jlds L L C -- None Available
Jlds L L C -- None Available
Sweet Jack H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wct Kre Cr Llc $1,904,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2016 09/06/16 Sold $2,965,000 0.0% $701 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $2,965,000 0.0% $701 / Sq Ft
12/16/2015 12/16/15 Rented $1,102,500 0.0% --
12/16/2015 12/16/15 Under Contract -- -- --
12/16/2015 12/16/15 For Rent $1,102,500 0.0% --
10/26/2015 10/26/15 For Sale $882,000 0.0% $209 / Sq Ft
10/20/2015 10/20/15 Sold $882,000 +52.1% $209 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $580,000 0.0% $137 / Sq Ft
09/21/2015 09/21/15 Sold $580,000 -- $137 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
Source: RMLS Alliance

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 $46,856 $1,469,300 $610,000 $859,300
2022 $43,884 $1,303,800 $610,000 $693,800
2021 $44,980 $1,939,400 $610,000 $1,329,400
2020 $44,980 $1,966,600 $610,000 $1,356,600
2019 $43,924 $1,288,300 $610,000 $678,300
2018 $43,040 $1,288,300 $610,000 $678,300
2017 $9,714 $366,000 $366,000 $0
2016 $20,359 $562,500 $366,000 $196,500
2015 $20,338 $562,426 $366,000 $196,426
2014 $17,811 $562,426 $366,000 $196,426
2013 $23,267 $562,426 $366,000 $196,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7035877

RMLS Alliance

APN: 14024-03004-00000