NOT LISTED FOR SALE

1001 Tower Ct Iowa City, IA 52246

Estimated Value: $453,000 - $511,498

4 Beds
3 Baths
2,375 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 11, 2022

Last sale price $415,000 $175 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,310/month

139 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • West High School Rated A
  • Private Yard
  • Brick or Stone Mason

About This Home

As of November 2022

This high quality 4 bedroom 3 bath walkout ranch was built in 2004 on a large wooded lot in an excellent location. Enjoy modern amenities like vaulted ceilings, main floor laundry, large bedrooms and a garden garage while also getting the benefit of a mature tree canopy very close to the hospital and the west campus. The main floor has a great room and open kitchen that look out over the ravine and pond. The lower level has high ceilings and loads of space.

Last Agent to Sell the Property

Ryan O'Leary

Lepic-Kroeger, REALTORS Listed on: 05/28/2022

Lepic-Kroeger, REALTORS

Co-Listed By

Ben Nicholson

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Alan Swanson

Blank & McCune Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,326

Year Built

  • Built in 2004

Lot Details

  • 0.6 Acre Lot
  • Private Yard

Parking

  • 2 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1016280001

Community Details

Overview

  • Tower Addition Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,326

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2375
  • Homebuilder: Unkown
  • Owner Name L F Mi: Ranshaw Marital Trust
  • Ownership Type: Single Family
  • Photo Code: Complete
  • T Val: 415000
  • Year Built: 2004
  • Tax Year Report: 2020
  • Subdivision: Tower Addition
  • Directions: Koser Ave to George St to Tower Ct.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Park, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Poured Concrete, Full, Walkout
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar
  • Lot Description R: .5-1 Acre, Private Backyard
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: This high quality 4 bedroom 3 bath walkout ranch was built in 2004 on a large wooded lot in an excellent location. Enjoy modern amenities like vaulted ceilings, main floor laundry, large bedrooms and a garden garage while also getting the benefit of a mature tree canopy very close to the hospital and the west campus. The main floor has a great room and open kitchen that look out over the ravine and pond. The lower level has high ceilings and loads of space.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1350
  • Total Full Baths: 3
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1025
  • Laundry Location: Laundry Closet, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 15
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Brick, Frame
  • ExteriorFeatures: Deck, Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, 2662
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Schools

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

Lot Info

  • Acreage: 0.6
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 6914
  • Assessor Parcel Number: 1016280001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Jul 24, 2012
Sold by
Reiland Mark A and Reiland Michele A
Bought by
Ranshaw Shirley
Seller's Agent
Tom Lepic
Lepic-Kroeger, REALTORS
Buyer's Agent
Ryan O'Leary
Lepic-Kroeger, REALTORS
List Price
$300,300
Sold Price
$300,000
Premium/Discount to List
-$300
-0.1%
Current Estimated Value
$479,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,125
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Aug 27, 2009
Sold by
Reynolds Steven T and Reynolds Susan W
Bought by
Reiland Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.28%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Ranshaw Shirley $300,000 None Available
Reiland Mark A $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reiland Mark A $246,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2022 11/11/22 Sold $415,000 -7.8% $175 / Sq Ft
09/20/2022 09/20/22 Price Changed $450,000 -5.3% $189 / Sq Ft
07/20/2022 07/20/22 Price Changed $475,000 -3.1% $200 / Sq Ft
06/16/2022 06/16/22 Price Changed $490,000 -2.0% $206 / Sq Ft
05/28/2022 05/28/22 For Sale $500,000 +66.7% $211 / Sq Ft
07/25/2012 07/25/12 Sold $300,000 -0.1% $138 / Sq Ft View Prior Sale
07/12/2012 07/12/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $300,300 -- $138 / 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
2025 $9,326 $522,190 $92,150 $430,040
2024 $7,472 $489,550 $80,130 $409,420
2023 $7,116 $397,220 $80,130 $317,090
2022 $6,800 $328,310 $76,120 $252,190
2021 $6,914 $328,310 $76,120 $252,190
2020 $6,914 $319,760 $72,110 $247,650
2019 $6,514 $319,760 $72,110 $247,650
2018 $6,514 $296,510 $64,100 $232,410
2017 $6,446 $296,510 $64,100 $232,410
2016 $6,162 $285,870 $60,090 $225,780
2015 $6,162 $285,870 $60,090 $225,780
2014 $5,906 $273,070 $60,090 $212,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202203175

Iowa City Area Association of REALTORS®

APN: 1016280001