NOT LISTED FOR SALE

1112 Tower Ct Iowa City, IA 52246

Estimated Value: $306,000 - $348,000

4 Beds
2.5 Baths
2,119 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $227,500 $107 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,192/month

28 Days on Market

Highlights

  • Breakfast Area or Nook
  • Porch
  • Living Room
  • West High School Rated A
  • Patio
  • Laundry Room

About This Home

As of June 2019

Ranch rambler with loads of mid century charm. This home features 4 Bedrooms, 2.5 baths and an attached 1 car garage. Excellent location near the University. Walking distance to UIHC, Bus Lines, & many other amenities. This home is rented @ $1700/mo. through 7/27/20 & has existing rental permit. This is an estate sale. There are no disclosures or warranties. Home is sold in as is condition. US Bank paperwork required for all offers. Call agent directly to schedule showings. Tenants rights 24 hr notice.

Last Agent to Sell the Property

Tia Perez

Skogman Realty Co. Listed on: 05/03/2019

Skogman Realty Co.

Co-Listed By

Jane Axt

Urban Acres Real Estate

Last Buyer's Agent

Tia Perez

Skogman Realty Co. Listed on: 05/03/2019

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,904

Year Built

  • Built in 1958

Lot Details

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

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Location

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

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Steam
  • Internet Available

Community Details

  • Tower Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1016251005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,904

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2119
  • Homebuilder: unknown
  • Owner Name L F Mi: US Bank NA as Executor
  • Ownership Type: Income/Investment
  • Photo Code: Broker Loaded
  • Year Built: 1958
  • Tax Year Report: 2017
  • Subdivision: Tower Addition
  • Directions: Melrose to Sunset. Left on Marietta. Right on George. Left on Tower.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • L O3 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Close to School, On Bus Line
  • Basement Remarks: Block, Finished, Full
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Ranch rambler with loads of mid century charm. This home features 4 Bedrooms, 2.5 baths and an attached 1 car garage. Excellent location near the University. Walking distance to UIHC, Bus Lines, & many other amenities. This home is rented @ $1700/mo. through 7/27/20 & has existing rental permit. This is an estate sale. There are no disclosures or warranties. Home is sold in as is condition. US Bank paperwork required for all offers. Call agent directly to schedule showings. Tenants rights 24 hr notice.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Wall Oven, Refrigerator
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1219
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • 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: 900
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Garden Area, Patio, Porch

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Baseboard, Central, Steam/Hotwater

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

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

Tax Info

  • Gross Tax County City: 3971.52
  • Assessor Parcel Number: 1016251005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2020
Sold by
Lynch Joseph and Lynch Shawn
Bought by
Bodin Holly and Bodin Eric
Current Estimated Value
$327,143

Purchase Details

Listed on
May 3, 2019
Closed on
May 23, 2019
Sold by
K2 Rentals Llc
Bought by
Lynch Joseph and Lynch Shawn E
Seller's Agent
Tia Perez
Skogman Realty Co.
Buyer's Agent
Tia Perez
Skogman Realty Co.
List Price
$225,000
Sold Price
$227,500
Premium/Discount to List
$2,500
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$170,625
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Lacina Patrica and Schulte Marlene
Bought by
Anderson Erling A and Ward Marcia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.82%
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
Bodin Holly $262,000 None Available
Lynch Joseph $227,500 None Available
Anderson Erling A $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynch Joseph $170,625
Previous Owner Anderson Erling A $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $227,500 +1.1% $107 / Sq Ft
05/03/2019 05/03/19 For Sale $225,000 -- $106 / 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 $4,904 $260,680 $69,560 $191,120
2023 $4,718 $260,680 $69,560 $191,120
2022 $4,508 $217,690 $66,080 $151,610
2021 $4,246 $217,690 $66,080 $151,610
2020 $4,246 $196,390 $62,600 $133,790
2019 $4,014 $196,390 $62,600 $133,790
2018 $4,014 $182,690 $55,650 $127,040
2017 $3,994 $182,690 $55,650 $127,040
2016 $3,916 $181,660 $52,170 $129,490
2015 $3,916 $181,660 $52,170 $129,490
2014 $3,844 $177,740 $52,170 $125,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20192920

Iowa City Area Association of REALTORS®

APN: 1016251005