NOT LISTED FOR SALE

1116 Oakes Dr Iowa City, IA 52245

Shimek Neighborhood

Estimated Value: $93,464 - $221,000

0.24 Acre
$548,400 Price per Acre
10,454 Sq Ft Lot

Last Sold July 10, 2023

Last sale price $90,000

Est. 46% increase in value since last sale

Current estimated payment $840/month

Highlights

  • Wooded Lot
  • Park
  • Gentle Sloping Lot
  • Bohumil Shimek Elementary School Rated A-
  • Property is near shops

About This Lot

As of July 2023

Please verify schools. Seller is related to the listing agent.

Last Agent to Sell the Property

Paul Park

Lepic-Kroeger, REALTORS Listed on: 06/07/2023

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Cindy Clark

Urban Acres Real Estate

Urban Acres Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,488

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x135
  • Gentle Sloping Lot
  • Wooded Lot

Schools

  • Shimek Elementary School
  • Southeast Middle School

Additional Features

  • Property is near shops
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1002257004

Community Details

Overview

  • Palisades Subdivision

Recreation

  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$1,488

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Lot/Land
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Remarks: Fantastic walkout lot located in the desired Palisades subdivision! This wonderful property is in a great Iowa City location near downtown, and you may choose your own builder. Call today!
  • Tax Year Report: 2021
  • Potential Use: Residential
  • Subdivision: Palisades
  • Directions: N Dodge St. to N Dubuque Rd. Left on Oakes Dr.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Pavement

Utilities

  • Internet: Yes
  • Utilities Available: Natural Gas, Sewer, Water-City

Condo/Co-op/Association

  • Amenities: Park, Sidewalks, Street Lights, Close to Shopping

Schools

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

Lot Info

  • Acreage: 0.24
  • Geo Subdivision: IA
  • Lot Dimensions: 80x135
  • Zoning: Residential
  • Estimated Lot Sq Ft: Less Than .5 Acre
  • Improvements: Curb & Gutter, Wooded/Timber
  • Lot: 26
  • Present Use: Platted
  • Topology: Gentle Rolling

Tax Info

  • Gross Tax County City: 1434
  • Assessor Parcel Number: 1002257004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 7, 2023
Sold by
Mehaffy Construction Inc
Bought by
116 Oakes Dr Llc
Seller's Agent
Paul Park
Lepic-Kroeger, REALTORS
Buyer's Agent
Cindy Clark
Urban Acres Real Estate
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%
Views
2
Current Estimated Value
$131,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,616
Avg. Annual Appreciation
4.18%
Original Mortgage
$90,000
Outstanding Balance
$88,265
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$10,009

Purchase Details

Closed on
Jun 23, 2020
Sold by
Palisades Development Llc
Bought by
Mehaffy Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,675
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
116 Oakes Dr Llc $90,000 None Listed On Document
Mehaffy Construction Inc $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 116 Oakes Dr Llc $90,000
Previous Owner Mehaffy Construction Inc $63,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $90,000 -9.9% --
06/07/2023 06/07/23 For Sale $99,900 -- --
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 $1,488 $79,150 $79,150 $0
2023 $1,502 $79,150 $79,150 $0
2022 $1,434 $69,260 $69,260 $0
2021 $1,498 $69,260 $69,260 $0
2020 $1,498 $69,260 $69,260 $0
2019 $220 $10,000 $10,000 $0
2018 $220 $10,000 $10,000 $0
2017 $218 $10,000 $10,000 $0
2016 $216 $10,000 $10,000 $0
2015 $216 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Park

    Seller's Agent in 2023

    Paul Park

    Lepic-Kroeger, REALTORS

    (319) 333-9424

    2 in this area

    107 Total Sales

    Paul Park
    Section Image
  • Cindy Clark

    Buyer's Agent in 2023

    Cindy Clark

    Urban Acres Real Estate

    (319) 530-8091

    4 in this area

    209 Total Sales

    Cindy Clark
    Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202303059

Iowa City Area Association of REALTORS®

APN: 1002257004

Iowa Johnson County Iowa City 52245 Shimek

1116 Oakes Dr, Iowa City, IA

This home is located at 1116 Oakes Dr, Iowa City, IA 52245 since 07 June 2023 and is currently estimated at $131,616. 1116 Oakes Dr is a home located in Johnson County with nearby schools including Bohumil Shimek 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.

Nearby Homes