NOT LISTED FOR SALE

1207 7th St Unit 1 & 2 Coralville, IA 52241

Estimated Value: $225,911 - $254,000

4 Beds
2 Baths
1,560 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $185,000 $119 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,634/month

44 Days on Market

Highlights

  • Living Room
  • Property is near schools
  • 4-minute walk to S.T. Morrison Park
  • West High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

Very nice Coralville duplex. Side by side units. Rented until July 31, 2018. Separate meters. Current Rental Permit attached.

Last Agent to Sell the Property

Rex Brandstatter

RE/MAX Affiliates Listed on: 10/23/2017

RE/MAX Affiliates

Last Buyer's Agent

Timothy Lehman

Edge Realty Group

Edge Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 60 x 110

Interior Spaces

  • 1,560 Sq Ft Home
  • Living Room
  • Oven or Range

Basement

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

Location

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

Schools

  • Central Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1006404002

Community Details

Overview

  • 2 Units
  • Coralville Heights Subdivision

Building Details

  • Insurance Expense $708
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,664

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Very nice Coralville duplex. Side by side units. Rented until July 31, 2018. Separate meters. Current Rental Permit attached.
  • Year Built: 1959
  • Tax Year Report: 2016
  • Subdivision: Coralville Heights
  • Rental Permit: Yes
  • Directions: 12th Avenue to 7th Street. Immediately north of Coralville Public Library.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School, Close to Shopping, On Bus Line
  • Basement Remarks: Block, Full
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 1560

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Public Water
  • Heating Cooling: Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 60 x 110
  • Zoning: R-1

Tax Info

  • Gross Tax County City: 3060
  • Assessor Parcel Number: 1006404002

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jan 5, 2018
Sold by
Slade Dolores M and Slade Delores M
Bought by
Lehman Kevin J
Seller's Agent
Rex Brandstatter
RE/MAX Affiliates
Buyer's Agent
Timothy Lehman
Edge Realty Group
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$245,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,728
Avg. Annual Appreciation
4.01%
Original Mortgage
$185,000
Outstanding Balance
$146,986
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$103,141
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lehman Kevin J $184,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehman Kevin J $185,000
Previous Owner Slade Dolores M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $185,000 +2.8% $119 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $179,900 -- $115 / 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 $3,664 $214,100 $41,400 $172,700
2023 $3,504 $200,200 $41,400 $158,800
2022 $3,344 $167,100 $30,300 $136,800
2021 $3,356 $167,100 $30,300 $136,800
2020 $3,356 $160,900 $30,300 $130,600
2019 $3,072 $160,900 $30,300 $130,600
2018 $3,014 $148,400 $30,300 $118,100
2017 $3,060 $148,400 $30,300 $118,100
2016 $2,980 $149,900 $30,300 $119,600
2015 $2,980 $149,900 $30,300 $119,600
2014 $2,802 $140,400 $30,300 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20175706

Iowa City Area Association of REALTORS®

APN: 1006404002