NOT LISTED FOR SALE

1220 Village Rd Unit 8 Iowa City, IA 52240

Eastside Neighborhood

Estimated Value: $133,000 - $184,000

2 Beds
1 Bath
864 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $135,000 $156 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,168/month

45 Days on Market

Highlights

  • Breakfast Area or Nook
  • Patio
  • Property is near schools
  • City High School Rated A-
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Tasteful-two-bedroom almost zero-entry condo with sleek finishes throughout. The kitchen boasts Corian countertops, complemented by newer cabinets for a contemporary look. The living room is very spacious with loads of natural light from the South facing windows. Oversized slider and windows on the back overlooking a lovely & private green space. New LVP in common areas.The bathroom has an updated vanity with shower/tub combo offering a fresh and modern aesthetic. This condo is perfect for those seeking one level living with a nicely updated living space. The lovely private back patio faces south for coffee and sunshine in the mornings. Huge attic storage area with pull down stairs. Covered parking just a short sidewalk away. Development has a new metal roof 2023. If you are looking for simple one level living that is clean, nice & meticulously maintained at a super price, this is your condo.

Last Agent to Sell the Property

Cindy Clark

Urban Acres Real Estate Listed on: 02/06/2024

Urban Acres Real Estate

Last Buyer's Agent

Andi Miller

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1975

Lot Details

  • 3,441

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

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

Schools

  • Lucas Elementary School
  • Southeast Middle School

Utilities

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

Additional Features

  • Stepless Entry
  • Patio

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, grounds maintenance, reserve fund, street maintenance
  • Cedar Garden Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1013429008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,988

Year Built

Built in 1975

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 864
  • Homebuilder: unknown
  • Owner Name L F Mi: Ferrier
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: This condo association does require a $500 startup fee. Property must be Owner Occupied. See condo documents provided by the listing agent. Please remove your shoes. Offer acceptance/closing date is subject to the Sellers securing their next property.
  • Year Built: 1975
  • Zero Step Entry: Yes
  • Tax Year Report: 2022
  • Subdivision: Cedar Garden Estates
  • Directions: 1st Ave E on Wayne, South on Village Condo is on the South side of the association.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights, Close to Shopping, Close to School, On Bus Line
  • Basement Remarks: Slab
  • Fireplace Type Location: None
  • Interior R: Pull Down Attic Stairs
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story, Condo/Single Level
  • Remarks2: Tasteful-two-bedroom almost zero-entry condo with sleek finishes throughout. The kitchen boasts Corian countertops, complemented by newer cabinets for a contemporary look. The living room is very spacious with loads of natural light from the South facing windows. Oversized slider and windows on the back overlooking a lovely & private green space. New LVP in common areas.The bathroom has an updated vanity with shower/tub combo offering a fresh and modern aesthetic. This condo is perfect for those seeking one level living with a nicely updated living space. The lovely private back patio faces south for coffee and sunshine in the mornings. Huge attic storage area with pull down stairs. Covered parking just a short sidewalk away. Development has a new metal roof 2023. If you are looking for simple one level living that is clean, nice & meticulously maintained at a super price, this is your condo.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 864
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 11
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2400
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Grounds Maintenance, Reserve Fund, Street Maintenance

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Condo
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2089.44
  • Assessor Parcel Number: 1013429008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
May 14, 2024
Sold by
Ferrier Brad Michael and Ferrier Ursula
Bought by
Lundell Joseph
Seller's Agent
Cindy Clark
Urban Acres Real Estate
Buyer's Agent
Andi Miller
Lepic-Kroeger, REALTORS
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Views
222
Current Estimated Value
$151,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,135
Avg. Annual Appreciation
8.28%
Original Mortgage
$90,000
Outstanding Balance
$88,640
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$62,495

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 1, 2021
Sold by
Eckrich Amy L
Bought by
Farrier Brad Michael and Farrier Ursula
Seller's Agent
Timothy Lehman
Edge Realty Group
Buyer's Agent
Margaret Sanders
Watts Group Realty
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$115,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Second
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
Lundell Joseph $135,000 None Listed On Document
Farrier Brad Michael $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundell Joseph $90,000
Previous Owner Farrier Brad Michael $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2024 05/15/24 Sold $135,000 0.0% $156 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $135,000 -3.5% $156 / Sq Ft
02/06/2024 02/06/24 For Sale $139,900 +21.7% $162 / Sq Ft
09/02/2021 09/02/21 Sold $115,000 0.0% $133 / Sq Ft View Prior Sale
07/21/2021 07/21/21 For Sale $115,000 -- $133 / 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
2025 $1,988 $121,030 $19,020 $102,010
2024 $1,766 $104,330 $17,290 $87,040
2023 $1,898 $104,330 $17,290 $87,040
2022 $1,794 $96,400 $15,560 $80,840
2021 $1,794 $95,580 $15,560 $80,020
2020 $1,838 $93,590 $14,700 $78,890
2019 $1,646 $93,590 $14,700 $78,890
2018 $1,646 $83,460 $12,970 $70,490
2017 $1,624 $83,460 $12,970 $70,490
2016 $1,384 $72,910 $12,970 $59,940
2015 $1,384 $72,910 $12,970 $59,940
2014 $1,382 $72,580 $12,970 $59,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202400688

Iowa City Area Association of REALTORS®

APN: 1013429008