NOT LISTED FOR SALE

1 Melrose Cir Iowa City, IA 52246

Melrose Neighborhood

Estimated Value: $808,000 - $1,150,088

5 Beds
3 Baths
3,412 Sq Ft
$277/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $383,800 $112 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $6,603/month

268 Days on Market

Highlights

  • Great Room with Fireplace
  • Separate Formal Living Room
  • Breakfast Area or Nook
  • West High School Rated A
  • Den
  • Formal Dining Room

About This Home

As of January 2019

LOCATION! LOCATION! LOCATION! Traditional 2 story 5 bedroom home with kitchen, formal dining room, living room and family room on the main floor. The upper floor has a master suite with bath, 4 more large bedrooms and a full bath. Located on a cul-de-sac across the street from UI Hospitals & Clinics and a short walk to UI Law School & Kinnick Stadium. Basement is unfinished for storage or possible finished living area. Large storage area above the garage.

Last Agent to Sell the Property

Michael Paul

Edge Realty Group Listed on: 04/11/2018

Edge Realty Group

Last Buyer's Agent

Michael Paul

Edge Realty Group Listed on: 04/11/2018

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,562

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 160 x 73 x 160 x 73
  • Cul-De-Sac
  • Property is zoned RS-5

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 3,412 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Gas Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Library
  • Laundry in Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Horn Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Internet Available

Additional Features

  • Patio
  • Property is near a bus stop

Community Details

  • Lambert's Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0011016131001

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,562

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3412
  • Homebuilder: Unknown
  • Owner Name L F Mi: Carole Moore Revocable Trust
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Home being sold as is. Appliances are not guaranteed.
  • Year Built: 1975
  • Tax Year Report: 2016
  • Subdivision: Lambert's
  • Directions: Melrose Ave. to Melrose Circle
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: On Bus Line
  • Fireplace Type Location: In Great/Family Room, Other, Gas
  • Interior R: Bookcases
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre, Cul De Sac
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: LOCATION! LOCATION! LOCATION! Traditional 2 story 5 bedroom home with kitchen, formal dining room, living room and family room on the main floor. The upper floor has a master suite with bath, 4 more large bedrooms and a full bath. Located on a cul-de-sac across the street from UI Hospitals & Clinics and a short walk to UI Law School & Kinnick Stadium. Basement is unfinished for storage or possible finished living area. Large storage area above the garage.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Wall Oven, Dryer, Washer
  • Number Bedrooms Upper: 5
  • Sq Ft Above: 3412
  • Total Full Baths: 3
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper
  • Number of Fireplaces: 2
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Owned)
  • Heating Cooling: Electric, Gas, Central, Forced Air, Zoned/Dual

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Horn
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Horn

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 160 x 73 x 160 x 73
  • Zoning: RS-5

Tax Info

  • Gross Tax County City: 10085
  • Assessor Parcel Number: 0011016131001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Abbas Benjamin Wade and Abbas Holly L
Bought by
Abbas Benjamin Wade and Abbas Holly L
Current Estimated Value
$945,022

Purchase Details

Closed on
Feb 3, 2023
Sold by
Petrone Allyson L
Bought by
Abbas Benjamin Wade

Purchase Details

Listed on
Apr 11, 2018
Closed on
Dec 23, 2018
Sold by
Moore John and Breitbach Kathryn
Bought by
Wade Petrone Allyson L and Wade Abbas Benjamin
Seller's Agent
Michael Paul
Edge Realty Group
Buyer's Agent
Michael Paul
Edge Realty Group
List Price
$584,000
Sold Price
$383,800
Premium/Discount to List
-$200,200
-34.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.53%
Original Mortgage
$364,610
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2005
Sold by
Moore Carole
Bought by
Moore Carole and Carole Moore Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Abbas Benjamin Wade -- None Listed On Document
Abbas Benjamin Wade -- None Listed On Document
Abbas Benjamin Wade -- --
Wade Petrone Allyson L $384,000 None Available
Wade Petrome Allyson L -- None Available
Moore Carole -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abbas Benjamin Wade $150,000
Previous Owner Petrone Allyson L $787,500
Previous Owner Abbas Benjamin W $700,000
Previous Owner Wade Petrome Allyson L $364,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $383,800 -34.3% $112 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
04/11/2018 04/11/18 For Sale $584,000 -- $171 / 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
2024 $17,562 $956,440 $130,550 $825,890
2023 $16,830 $944,030 $130,550 $813,480
2022 $15,432 $776,530 $124,480 $652,050
2021 $13,410 $745,200 $124,480 $620,720
2020 $13,410 $620,170 $121,440 $498,730
2019 $10,480 $485,310 $121,440 $363,870
2018 $10,480 $488,770 $115,370 $373,400
2017 $9,898 $488,770 $115,370 $373,400
2016 $9,700 $462,040 $109,300 $352,740
2015 $9,700 $462,040 $109,300 $352,740
2014 $9,356 $444,540 $103,220 $341,320
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Paul

    Edge Realty Group

    (319) 331-6417

    20 Total Sales

    Michael Paul
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20182350

Iowa City Area Association of REALTORS®

APN: 1016131001

Iowa Johnson County Iowa City 52246 Melrose

1 Melrose Cir, Iowa City, IA

This home is located at 1 Melrose Cir, Iowa City, IA 52246 since 11 April 2018 and is currently estimated at $945,022, approximately $276 per square foot. This property was built in 1975. 1 Melrose Cir is a home located in Johnson County with nearby schools including Ernest Horn Elementary School, Northwest Junior High School, and West 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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