NOT LISTED FOR SALE

1038 23rd Ave Coralville, IA 52241

Estimated Value: $200,000 - $243,581

3 Beds
2 Baths
1,390 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $165,000 $119 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,469/month

106 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Property is near schools
  • West High School Rated A
  • Main Floor Primary Bedroom
  • Forced Air Heating System

About This Home

As of March 2018

Investor Alert! This investor gem could use a little interior paint and flooring, but it is already making income for the next owner with a tenant in the unit. 3 Beds 2 baths and close to everything (schools, shopping, entertainment, and restaurants ). Easy rental that will never stay vacant. Get this one before someone else does!

Last Agent to Sell the Property

Jerome Edwards

Pinnacle Realty Listed on: 11/27/2017

Pinnacle Realty

Last Buyer's Agent

Matthew Lepic

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,236

Year Built

  • Built in 1992

Lot Details

  • 4,792

Parking

  • 1 Parking Space

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Basement

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

Location

  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Kirkwood Elementary School
  • North Central Middle School
  • Liberty High School

Utilities

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

Additional Features

  • Deck
  • 4,792 Sq Ft Lot

Community Details

  • Am K 1 & 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0731353003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,236

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1390
  • Owner Name L F Mi: Investor
  • Ownership Type: Zero Lot
  • Photo Code: Complete
  • Remarks: Sale is subject to Seller executing an Internal Revenue Code Section 1031 Tax Deferred Exchange. Sale is subject to the sale and closing of 2312 10th Street Coralville, IA 52241. Seller is a licensed realtor in the State of Iowa.
  • Year Built: 1992
  • Tax Year Report: 2016
  • Subdivision: Am k 1 & 2
  • Directions: From Coral Ridge Mall: Head east on 10th st left on 23rd Ave property will be on left hand side.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School, On Bus Line
  • Basement Remarks: Full, Walkout
  • Fireplace Type Location: In Living Room
  • Interior R: Ceiling-9+ ft, Vaulted Ceiling
  • Kitchen Breakfast R: Pantry
  • Lot Description R: Less than .5 Acre
  • Possession R: 30-60 Days, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Townhouse Style
  • Remarks2: Investor Alert! This investor gem could use a little interior paint and flooring, but it is already making income for the next owner with a tenant in the unit. 3 Beds 2 baths and close to everything (schools, shopping, entertainment, and restaurants ). Easy rental that will never stay vacant. Get this one before someone else does!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 840
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 550
  • Laundry Location: Laundry Closet, Basement
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Kirkwood
  • Middle School: North Central
  • High School: Liberty High School
  • High School: Liberty High School
  • Jr Middle School: North Central
  • Elementary School: Kirkwood

Lot Info

  • Acreage: 0.11
  • Geo Subdivision: IA
  • Lot Dimensions: 4598
  • Zoning: residential

Tax Info

  • Gross Tax County City: 2536.18
  • Assessor Parcel Number: 0731353003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Mar 9, 2018
Sold by
Mandala 6 Land Partners I Lp
Bought by
Reiland Rentals Llc
Seller's Agent
Jerome Edwards
Pinnacle Realty
Buyer's Agent
Matthew Lepic
Lepic-Kroeger, REALTORS
List Price
$154,900,000
Sold Price
$165,000
Premium/Discount to List
-$154,735,000
-99.89%
Current Estimated Value
$221,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,645
Avg. Annual Appreciation
4.01%
Original Mortgage
$136,000
Outstanding Balance
$117,046
Interest Rate
4.38%
Mortgage Type
Commercial
Estimated Equity
$104,599

Purchase Details

Closed on
Jul 7, 2005
Sold by
Lambert David S and Lambert Lisa M
Bought by
Mandala 6 Land Partners I Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Reiland Rentals Llc -- None Available
Mandala 6 Land Partners I Lp $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilrtals Rentals Llc $136,000
Previous Owner Mandala 6 Land Partners I Lp $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 Sold $165,000 -99.9% $119 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $154,900,000 -- $111,439 / 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 $3,236 $176,800 $38,900 $137,900
2023 $3,160 $176,800 $38,900 $137,900
2022 $3,016 $150,700 $13,600 $137,100
2021 $3,004 $150,700 $13,600 $137,100
2020 $3,004 $144,100 $13,600 $130,500
2019 $2,850 $144,100 $13,600 $130,500
2018 $2,794 $137,600 $13,600 $124,000
2017 $2,536 $137,600 $13,600 $124,000
2016 $2,470 $124,200 $13,600 $110,600
2015 $2,543 $124,200 $13,600 $110,600
2014 $2,386 $119,600 $13,600 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20176093

Iowa City Area Association of REALTORS®

APN: 0731353003