$745,000
$790,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
266.98 Acres Lot
SOLD DATE : 05/25/2021
Key Details
Sold Price $745,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 627780
Sold Date 05/25/21
HOA Y/N No
Annual Tax Amount $4,992
Lot Size 266.980 Acres
Acres 266.98
Property Description
Certificate of Purchase (a/k/a foreclosure certificate) opportunity for hard to find pasture and recreational land just minutes from the Iowa City and Cedar Rapids metro areas in Cedar County, Iowa. This 266.98 acre m/l farm consists of approximately 119.50 tillable acres with the balance in mature timber with Clear Creek meandering through the center of the property. Of the 119.5 estimated tillable acres there are approximately 26.7 acres currently in row crop production carrying a CSR2 of 62.4 with the remainder planted to pasture/hay. The property appears to have good perimeter fencing. The primary soil type is highly productive Fayette silt loam. The farm is being offered as a Sheriff's Certificate of Purchase with the previous owner having redemption rights until November 10, 2021. NO TRESPASSING - Because of the sale method, public viewing and possession is not possible until after this redemption period has expired.
Location
State IA
County Cedar
Area Mechanicsville
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Outside School District
Others
Tax ID 026001294000010
Monthly Total Fees $416
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Peoples Company