NOT LISTED FOR SALE

1202 E 2nd St Washington, IA 52353

Estimated Value: $89,000 - $215,000

2 Beds
1 Bath
1,124 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $47,000 $42 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $819/month

27 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Corner Lot
  • Porch
  • Separate Formal Living Room
  • Country Kitchen
  • Laundry Room

About This Home

As of September 2020

Great opportunity for the first time home buyer or flipper. This HOME offers 2+ bedrooms, 1 bath, eat-in kitchen with gas stove, large living room, main level laundry, and an enclosed spacious front porch, sitting on a corner lot with a 24x28 detached 2 car garage. Estate home sold as is.

Last Agent to Sell the Property

Connie Larsen

RE/MAX Affiliates Listed on: 07/21/2020

RE/MAX Affiliates

Last Buyer's Agent

Connie Larsen

RE/MAX Affiliates Listed on: 07/21/2020

RE/MAX Affiliates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x132
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,124 Sq Ft Home
  • Family Room
  • Separate Formal Living Room
  • Partial Basement

Kitchen

  • Country Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

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

Schools

  • Washington Elementary And Middle School
  • Washington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Additional Features

  • Porch
  • Property is near schools and shops

Community Details

  • Smouses Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1116303005

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1124
  • Homebuilder: unknown
  • Owner Name L F Mi: Wayne Rich Estate
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Heater in garage stays as is, not sure if it works.
  • Year Built: 1880
  • Subdivision: Smouses
  • Directions: Hwy 92, turn north on 12th, HOME sits on corner of 12th and 2nd.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Partial
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Country Kitchen
  • Lot Description R: Less than .5 Acre, Corner
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Remarks2: Great opportunity for the first time home buyer or flipper. This HOME offers 2+ bedrooms, 1 bath, eat-in kitchen with gas stove, large living room, main level laundry, and an enclosed spacious front porch, sitting on a corner lot with a 24x28 detached 2 car garage. Estate home sold as is.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1124
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Main, Laundry Room
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Gas, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • High School: Washington
  • Jr Middle School: Washington
  • Elementary School: Washington

Lot Info

  • Acreage: 0.3
  • Geo Subdivision: IA
  • Lot Dimensions: 100x132
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 1116303005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 3, 2020
Sold by
Espr007548 Wayne Rich Estate
Bought by
S & M Rental Properties Llc
Seller's Agent
Connie Larsen
RE/MAX Affiliates
Buyer's Agent
Connie Larsen
RE/MAX Affiliates
List Price
$49,900
Sold Price
$47,000
Premium/Discount to List
-$2,900
-5.81%
Current Estimated Value
$133,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,783
Avg. Annual Appreciation
21.38%
Original Mortgage
$37,600
Outstanding Balance
$31,972
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$101,811
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
S & M Rental Properties Llc $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & M Rental Properties Llc $37,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $47,000 -5.8% $42 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $49,900 -- $44 / 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
2025 $1,302 $64,900 $23,500 $41,400
2024 $1,302 $61,400 $23,500 $37,900
2023 $1,220 $61,400 $23,500 $37,900
2022 $1,180 $50,600 $23,500 $27,100
2021 $1,180 $50,600 $23,500 $27,100
2020 $834 $48,000 $23,500 $24,500
2019 $868 $48,000 $23,500 $24,500
2018 $966 $48,000 $23,500 $24,500
2017 $920 $53,700 $23,500 $30,200
2016 $886 $50,800 $0 $0
2015 $886 $51,000 $0 $0
2014 $870 $51,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202004541

Iowa City Area Association of REALTORS®

APN: 11-16-303-005