NOT LISTED FOR SALE

1017 N Summit St Iowa City, IA 52245

Goosetown Neighborhood

Estimated Value: $382,000 - $476,581

6 Beds
4 Baths
1,648 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $404,500 $245 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,866/month

42 Days on Market

Highlights

  • 1 Fireplace
  • Living Room
  • Forced Air Heating and Cooling System
  • City High School Rated A-
  • Property is near schools
  • Dining Room

About This Home

As of July 2021

Completely remodeled duplex with prime location right off N. Dodge! Walking distance to Hy-Vee. Large fenced in yards. Detached garage with plenty of additional parking. All expenses are estimates and not guaranteed. Tenants pay all utilities. 1017 rented through July 2022, 1019 rented through July 2021. 48 hours notice to show, no exceptions.

Last Agent to Sell the Property

Mark Paterno

Urban Acres Real Estate Listed on: 05/14/2021

Co-Listed By

Ross Nusser

Urban Acres Real Estate Corridor

Last Buyer's Agent

Tom Kaut

Urban Acres Real Estate

Urban Acres Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,714

Year Built

  • Built in 1975

Lot Details

  • 0.69

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,648 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Block Basement Construction
  • Bedroom in Basement
  • Finished Basement Bathroom

Parking

  • Garage
  • Parking Available

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
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1003484001

Community Details

Overview

  • 2 Units
  • D A Dewey's Addition Subdivision

Building Details

  • Insurance Expense $1,400
  • Maintenance Expense $2,000
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,714

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Photo Code1: Broker Loaded
  • Possible Finance: Cash, Conventional
  • Year Built: 1975
  • Tax Year Report: 2019
  • Subdivision: D A DEWEY'S ADDITION
  • Rental Permit: Yes
  • Type Multi Family: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Above: 1648
  • Basement: Bath Finished, Concrete, Entrance-Inside, Entrance-Outside, Finished Rooms, Full, Walkout
  • Laundry: Hookups In Unit
  • Number of Fireplaces: 1
  • Lower Level Sq Ft: 1648

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Garage, Over 1 Space

Utilities

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

Condo/Co-op/Association

  • Amenities: Close to Market, Close to School, Close to Shopping

Schools

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

Green Features

  • Energy Related: Water Heater-Gas

Lot Info

  • Lot Dimensions: irregular
  • Zoning: Res

Tax Info

  • Gross Tax County City: 5078
  • Assessor Parcel Number: 1003484001

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 3, 2021
Sold by
Noelis Properties Llc Series 4
Bought by
Tsang Pak Wah and Tsoi Man H
Seller's Agent
Mark Paterno
Urban Acres Real Estate
Buyer's Agent
Tom Kaut
Urban Acres Real Estate
List Price
$435,000
Sold Price
$404,500
Premium/Discount to List
-$30,500
-7.01%
Current Estimated Value
$426,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,145
Avg. Annual Appreciation
1.30%
Original Mortgage
$301,500
Outstanding Balance
$274,748
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$151,897

Purchase Details

Closed on
Feb 15, 2018
Sold by
Mize Brandon L
Bought by
Noelis Properties Llc

Purchase Details

Closed on
Oct 5, 2011
Sold by
Zeithamel Leo R
Bought by
Quinn Patrick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,423
Interest Rate
4.12%
Mortgage Type
FHA
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
Tsang Pak Wah $404,500 None Available
Noelis Properties Llc -- None Available
Quinn Patrick B $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsang Pak Wah $301,500
Previous Owner Quinn Patrick B $214,423
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $404,500 -7.0% $245 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $435,000 +81.3% $264 / Sq Ft
03/29/2017 03/29/17 Sold $240,000 -4.0% $146 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $249,900 -- $152 / 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 $6,714 $356,860 $63,590 $293,270
2023 $6,334 $356,860 $63,590 $293,270
2022 $5,514 $292,230 $60,050 $232,180
2021 $5,492 $266,250 $60,050 $206,200
2020 $5,492 $254,000 $56,520 $197,480
2019 $4,886 $239,200 $56,520 $182,680
2018 $4,886 $222,340 $52,990 $169,350
2017 $4,834 $222,340 $52,990 $169,350
2016 $4,366 $202,580 $52,990 $149,590
2015 $4,366 $202,580 $52,990 $149,590
2014 $4,270 $197,380 $52,990 $144,390
Source: Public Records

Agents Affiliated with this Home

  • Mark Paterno

    Seller's Agent in 2021

    Mark Paterno

    Urban Acres Real Estate

    (319) 936-7447

    3 in this area

    150 Total Sales

    Mark Paterno
    Section Image
  • Ross Nusser

    Seller Co-Listing Agent in 2021

    Ross Nusser

    Urban Acres Real Estate Corridor

    (319) 331-5206

    4 in this area

    178 Total Sales

    Ross Nusser
    Section Image
  • Tom Kaut

    Buyer's Agent in 2021

    Tom Kaut

    Urban Acres Real Estate

    (319) 631-5288

    5 in this area

    282 Total Sales

    Tom Kaut
    Section Image

  • E

    Seller's Agent in 2017

    Evie Boyens

    Keller Williams Legacy Group IC Branch

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202102937

Iowa City Area Association of REALTORS®

APN: 1003484001

Iowa Johnson County Iowa City 52245 Goosetown

1017 N Summit St, Iowa City, IA

This home is located at 1017 N Summit St, Iowa City, IA 52245 since 14 May 2021 and is currently estimated at $426,645, approximately $258 per square foot. This property was built in 1975. 1017 N Summit St is a home located in Johnson County with nearby schools including Horace Mann Elementary School, Southeast Junior High School, and City 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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