NOT LISTED FOR SALE

1122 Cottonwood Ave Iowa City, IA 52240

Lucas Farms Neighborhood

Estimated Value: $215,000 - $275,345

5 Beds
2 Baths
1,728 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $147,500 $85 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,657/month

30 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Patio
  • City High School Rated A-
  • Fenced Yard
  • Laundry Room

About This Home

As of June 2016

This up/down income investment property is priced to sell, featuring 3 bed/1 bath up, & 2 bed/1 bath down, w/ a separate entrances and an active rental permit. Includes 2 washers/dryer, some newer appliances, boiler heat, a nice fenced back yard with 456 sf patio & small storage shed. Roof is 8 years old, front steps & retaining wall are new. Call today if you are looking for a starter investment property, or perhaps a home to live in while you rent the other half. Bus line, shopping, and school nearby.

Last Agent to Sell the Property

Julie Dancer

Lepic-Kroeger, REALTORS Listed on: 05/23/2016

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Kathryn Fobian

Edge Realty Group

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,136

Year Built

  • Built in 1969

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 146
  • Fenced Yard

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • Separate Formal Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

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

Schools

  • Twain Elementary School
  • Southeast Middle School

Utilities

  • Heating System Uses Steam
  • Heating System Mounted To A Wall or Window
  • Internet Available

Community Details

  • Kirkwood Heights Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0011014352014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,136

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1728
  • Homebuilder: unk
  • Owner Name L F Mi: Squires
  • Ownership Type: Income/Investment
  • Photo Code: Complete
  • Remarks: Leases expire July 30, 2016.
  • Year Built: 1969
  • Tax Year Report: 2014
  • Subdivision: Kirkwood Heights Addition
  • Directions: Highland to Ridge to Cottonwood
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Close to Shopping, Close to School, On Bus Line
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Remarks2: This up/down income investment property is priced to sell, featuring 3 bed/1 bath up, & 2 bed/1 bath down, w/ a separate entrances and an active rental permit. Includes 2 washers/dryer, some newer appliances, boiler heat, a nice fenced back yard with 456 sf patio & small storage shed. Roof is 8 years old, front steps & retaining wall are new. Call today if you are looking for a starter investment property, or perhaps a home to live in while you rent the other half. Bus line, shopping, and school nearby.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 3
  • Number Bedrooms Main: 2
  • Sq Ft Above: 864
  • Total Full Baths: 2
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 864
  • Laundry Location: Laundry Room, Main, Upstairs
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard, Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Steam/Hotwater

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.2
  • Geo Subdivision: IA
  • Lot Dimensions: 60 x 146
  • Zoning: residential

Tax Info

  • Gross Tax County City: 3018
  • Assessor Parcel Number: 0011014352014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Jun 24, 2016
Sold by
Squires Robert A and Squires Evelyn Sue
Bought by
Fobian Craig A
Seller's Agent
Julie Dancer
Lepic-Kroeger, REALTORS
Buyer's Agent
Kathryn Fobian
Edge Realty Group
List Price
$155,000
Sold Price
$147,500
Premium/Discount to List
-$7,500
-4.84%
Current Estimated Value
$240,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,336
Avg. Annual Appreciation
5.45%
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
Fobian Craig A $147,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $147,500 -4.8% $85 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $155,000 -- $90 / 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 $4,136 $219,850 $44,550 $175,300
2023 $3,958 $219,850 $44,550 $175,300
2022 $3,782 $182,650 $41,580 $141,070
2021 $3,762 $182,650 $41,580 $141,070
2020 $3,762 $173,950 $38,610 $135,340
2019 $3,340 $173,950 $38,610 $135,340
2018 $3,340 $151,980 $32,670 $119,310
2017 $3,186 $151,980 $32,670 $119,310
2016 $3,124 $144,980 $29,700 $115,280
2015 $3,124 $144,980 $29,700 $115,280
2014 $3,018 $139,560 $29,700 $109,860
Source: Public Records

Agents Affiliated with this Home

  • Julie Dancer

    Seller's Agent in 2016

    Julie Dancer

    Lepic-Kroeger, REALTORS

    (319) 310-5522

    5 in this area

    341 Total Sales

    Julie Dancer
    Section Image

  • K

    Buyer's Agent in 2016

    Kathryn Fobian

    Edge Realty Group

    (319) 321-6550

    1 in this area

    104 Total Sales

    Kathryn Fobian
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20163230

Iowa City Area Association of REALTORS®

APN: 1014352014

Iowa Johnson County Iowa City 52240 Lucas Farms

1122 Cottonwood Ave, Iowa City, IA

This home is located at 1122 Cottonwood Ave, Iowa City, IA 52240 since 23 May 2016 and is currently estimated at $240,836, approximately $139 per square foot. This property was built in 1969. 1122 Cottonwood Ave is a home located in Johnson County with nearby schools including Mark Twain 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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