$242,000
SOLD JUL 20, 2012

1021 Tower Ct Iowa City, IA 52246

4 Beds
2 Baths
2,104 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

3% Below List Price

22 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Breakfast Area or Nook
  • West High School Rated A
  • Great Room with Fireplace
  • Fenced Yard

About This Home

As of August 2023

Wonderfully redecorated and remodled University Heights 4 bedroom ranch home within walking distance of the University Hospital. New kitchen with granite. Original hardwood floors beautifully refinished. Double sinks in the main bath. Lower level family entertainment room. Walk out basement. Privacy fencing for the large backyard. Excellent tail gating spot for fall Saturdays; just the right distance from Kinnick Stadium. Possession after July 17 preferred.

Last Agent to Sell the Property

William Young

Lepic-Kroeger Corridor, REALTORS

Co-Listed By

Ross Nusser

Urban Acres Real Estate Corridor

Last Buyer's Agent

William Young

Lepic-Kroeger Corridor, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,080

Year Built

  • Built in 1956

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 74x125
  • Fenced Yard
  • Garden

Parking

  • 1 Parking Space

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Schools

  • Roosevelt Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Community Details

  • University Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1016280008

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,080

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2104
  • Homebuilder: unknown
  • Owner Name L F Mi: Vanourny
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Washer, dryer and swing under the deck are reserved
  • T Val: 242000
  • Year Built: 1956
  • Tax Year Report: 2010
  • Subdivision: University Heights
  • Directions: FROM HOSPITAL: WEST ON MELROSE AVE. LEFT ON KOSER, LEFT ON GEORGE, LEFT ON TOWER CT.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • S O2 Dues Paid: y
  • Amenities: Sidewalks, Other
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room, In LL, Wood Burning
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Wonderfully redecorated and remodled University Heights 4 bedroom ranch home within walking distance of the University Hospital. New kitchen with granite. Original hardwood floors beautifully refinished. Double sinks in the main bath. Lower level family entertainment room. Walk out basement. Privacy fencing for the large backyard. Excellent tail gating spot for fall Saturdays; just the right distance from Kinnick Stadium. Possession after July 17 preferred.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1052
  • Total Full Baths: 2
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1052
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Main
  • Mstr Br Width: 13
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Deck, Fenced Yard, Garden Area, Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Schools

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

Lot Info

  • Acreage: 0.21
  • Geo Subdivision: IA
  • Lot Dimensions: 74x125
  • Zoning: res

Tax Info

  • Gross Tax County City: 3747
  • Assessor Parcel Number: 1016280008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 11, 2023
Sold by
Madel Llc
Bought by
Powder Joy Properties Llc
Seller's Agent
Mike Jensen
Lepic-Kroeger, REALTORS
Buyer's Agent
Brandi Radcliffe
Lepic-Kroeger, REALTORS
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Total Days on Market
22
Views
164
Current Estimated Value
$369,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,610
Avg. Annual Appreciation
-1.61%
Original Mortgage
$390,000
Outstanding Balance
$382,953
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$13,563

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jul 25, 2021
Sold by
Kim Sung H and Kim Allison
Bought by
Madel Llc
Seller's Agent
Brandi Radcliffe
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$355
Sold Price
$355,000
Premium/Discount to List
$354,645
99900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Jun 12, 2015
Sold by
Miller Meghan Ann and Miler Adam
Bought by
Kim Sung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,400
Interest Rate
3.25%
Mortgage Type
Closed End Mortgage

Purchase Details

Listed on
Feb 2, 2012
Closed on
Jul 20, 2012
Sold by
Vanourny Chad J and Vanourny Jaime
Bought by
Sievertsen Meghan Ann
Seller's Agent
William Young
Lepic-Kroeger Corridor, REALTORS
Buyer's Agent
William Young
Lepic-Kroeger Corridor, REALTORS
List Price
$249,900
Sold Price
$242,000
Premium/Discount to List
-$7,900
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$193,600
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Shultz Gordon Scott A and Shultz Gordon Jennifer Rose
Bought by
Vanourny Chad J and Vanourny Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,400
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2005
Sold by
Oconner Timothy R and Oconner Laura H
Bought by
Gordon Scott A and Shultz Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,985
Interest Rate
6.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 2005
Sold by
Frantz Bradley J and Frantz Angela
Bought by
Oconner Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $380,000 None Listed On Document
Warranty Deed $355,000 None Available
Warranty Deed $260,000 None Available
Warranty Deed $242,000 None Available
Joint Tenancy Deed $235,000 None Available
Warranty Deed $220,000 None Available
Warranty Deed $140,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Previous Owner $175,850 New Conventional
Previous Owner $196,400 Closed End Mortgage
Previous Owner $24,200 Credit Line Revolving
Previous Owner $193,600 New Conventional
Previous Owner $197,400 Purchase Money Mortgage
Previous Owner $32,985 Seller Take Back
Previous Owner $30,000 Stand Alone Second
Previous Owner $20,000 Construction
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $66,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $380,000 -2.5% $193 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $389,900 +9.8% $198 / Sq Ft
07/29/2021 07/29/21 Sold $355,000 +6.0% $173 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/21/2021 04/21/21 Price Changed $335,000 +99900.0% $163 / Sq Ft
04/21/2021 04/21/21 Price Changed $335 -5.6% $0 / Sq Ft
04/20/2021 04/20/21 For Sale $355 -99.9% $0 / Sq Ft
07/20/2012 07/20/12 Sold $242,000 -3.2% $115 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $249,900 -- $119 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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 $6,080 $323,210 $69,560 $253,650
2023 $5,848 $323,210 $69,560 $253,650
2022 $5,402 $269,800 $66,080 $203,720
2021 $5,542 $269,800 $66,080 $203,720
2020 $5,542 $264,950 $62,600 $202,350
2019 $5,140 $264,950 $62,600 $202,350
2018 $5,140 $242,490 $55,650 $186,840
2017 $4,968 $242,490 $55,650 $186,840
2016 $4,868 $234,560 $52,170 $182,390
2015 $4,868 $234,560 $52,170 $182,390
2014 $4,562 $219,610 $52,170 $167,440
Source: Public Records

Source: Iowa City Area Association of REALTORS®

MLS Number: 20120806

Iowa City Area Association of REALTORS®

APN: 1016280008