NOT LISTED FOR SALE

1011 Rochester Ave Unit A Iowa City, IA 52245

College Hill Neighborhood

Estimated Value: $210,000 - $271,948

2 Beds
2 Baths
1,176 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $190,500 $162 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,607/month

13 Days on Market

Highlights

  • Breakfast Area or Nook
  • Patio
  • Park
  • City High School Rated A-
  • Living Room
  • Property is near schools

About This Home

As of February 2019

A classy, close in and comfortable condo. This home would be ideal for retirement or college age kids. Renovated 2 years ago with new appliances, flooring and bathrooms. There is a valid rental permit. This unit is a condo but there is no association and for all purposes is treated as Zero-lot. Located on the bus route. Just blocks to Mercy, Near North side and campus. 2-car, 2 Bath, 2 Bed, too nice.

Last Agent to Sell the Property

Whit Lovelace

Urban Acres Real Estate Listed on: 01/08/2019

Urban Acres Real Estate

Last Buyer's Agent

Whit Lovelace

Urban Acres Real Estate Listed on: 01/08/2019

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 1991

Lot Details

  • 3,136

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mann Elementary School
  • Southeast Middle School

Utilities

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

Additional Features

  • Patio
  • Property is zoned rsn12

Listing and Financial Details

  • Assessor Parcel Number 1011329001

Community Details

Overview

  • Association fees include bldg&liability insurance
  • Built by Frantz
  • Rochester Market Condomin Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,738

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1176
  • Homebuilder: Frantz
  • Owner Name L F Mi: Lovelace
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: One owner is a licensed Realtor in the State of Iowa
  • Year Built: 1991
  • Tax Year Report: 2017
  • Subdivision: ROCHESTER MARKET CONDOMIN
  • Directions: At the union of Market St. and Rochester
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Park, Sidewalks, Close to Shopping, Close to School
  • Basement Remarks: Crawl
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: None/Condo
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Remarks2: A classy, close in and comfortable condo. This home would be ideal for retirement or college age kids. Renovated 2 years ago with new appliances, flooring and bathrooms. There is a valid rental permit. This unit is a condo but there is no association and for all purposes is treated as Zero-lot. Located on the bus route. Just blocks to Mercy, Near North side and campus. 2-car, 2 Bath, 2 Bed, too nice.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1176
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, 1st Floor
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Condo Level: 1
  • Fees Include: Bldg&Liability Insurance

Schools

  • Elementary School: Mann
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Mann

Lot Info

  • Acreage: 0
  • Lot Dimensions: Condo
  • Zoning: rsn12

Tax Info

  • Gross Tax County City: 3078
  • Assessor Parcel Number: 1011329001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jan 21, 2019
Sold by
Lovelace Whitney W and Malia Lovelace J
Bought by
Mlc Properties Llc
Seller's Agent
Whit Lovelace
Urban Acres Real Estate
Buyer's Agent
Whit Lovelace
Urban Acres Real Estate
List Price
$195,000
Sold Price
$190,500
Premium/Discount to List
-$4,500
-2.31%
Current Estimated Value
$236,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,014
Avg. Annual Appreciation
3.90%
Original Mortgage
$162,000
Outstanding Balance
$145,217
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$99,237

Purchase Details

Closed on
Apr 27, 2016
Sold by
Pershin Linda L
Bought by
Lovelace Whitney W and Malia Lovelace J

Purchase Details

Closed on
Jul 9, 2009
Sold by
Powell Jay C and Powell Jo A
Bought by
Northup John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,410
Interest Rate
5.5%
Mortgage Type
Purchase Money 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
Mlc Properties Llc $190,500 None Available
Lovelace Whitney W $105,500 None Available
Northup John A $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mlc Properties Llc $162,000
Previous Owner Northup John A $7,500
Previous Owner Northup John A $121,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $190,500 -2.3% $162 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $195,000 -- $166 / 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 $3,738 $198,680 $29,930 $168,750
2023 $3,622 $198,680 $29,930 $168,750
2022 $3,462 $167,140 $29,930 $137,210
2021 $3,602 $167,140 $29,930 $137,210
2020 $3,602 $166,600 $29,930 $136,670
2019 $3,112 $166,600 $29,930 $136,670
2018 $3,112 $141,610 $28,350 $113,260
2017 $3,044 $141,610 $28,350 $113,260
2016 $2,986 $138,520 $25,200 $113,320
2015 $2,986 $138,520 $25,200 $113,320
2014 $2,966 $137,140 $25,200 $111,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20190154

Iowa City Area Association of REALTORS®

APN: 1011329001