NOT LISTED FOR SALE

1240 Dolen Place Iowa City, IA 52246

Ty N Cae Neighborhood

Estimated Value: $238,000 - $409,238

3 Beds
1 Bath
3,570 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 29, 2022

Last sale price $420,000 $118 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $2,048/month

99 Days on Market

Highlights

  • Deck
  • Central Air
  • Garage
  • West High School Rated A

About This Home

As of May 2022

Don't miss out on this excellent investment opportunity! Great location - close to shopping, bus line, grocery store, UIHC, & Kinnick Stadium.
All leases are currently in place through Summer 2023.

Last Agent to Sell the Property

Gwen Johnson

SKOGMAN REALTY Listed on: 02/18/2022

SKOGMAN REALTY

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,706

Year Built

  • 1984

Parking

  • Garage

Home Design

  • 3,570 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Construction Material

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Gross Income $44,460
  • Net Operating Income $29,932

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,706

Year Built

1984

Lot Details

0

Listing Details

  • City Name: Iowa City
  • Gross Tax: 3706
  • List User Cell Phone: 319-631-4936
  • Miscellaneous: Deck/Patio, Garage
  • Noof Units Three Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.97674
  • Ratio Close Price By Original Li: 0.97674
  • Ratio Current Price By Sq Ft: 117.65
  • Total Sq Ft: 3570
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick, Vinyl

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Horn
  • Middle School: Northwest
  • High School: West

Lot Info

  • Lot Size: condo

Rental Info

  • Total Expenses: 14527

Multi Family

  • Gross Income: 44460
  • Net Operating Income: 29932.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 23, 2022
Sold by
Dolen Properties Llc
Bought by
Rjp Investments Llc
Seller's Agent
Gwen Johnson
SKOGMAN REALTY
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%
Current Estimated Value
$315,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,190
Avg. Annual Appreciation
-5.32%
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
Rjp Investments Llc $420,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dolen Properties Llc $249,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2022 05/29/22 Sold $420,000 -2.3% $118 / Sq Ft
02/18/2022 02/18/22 For Sale $430,000 -- $120 / Sq Ft
Source: Cedar Rapids 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 $4,078 $216,790 $36,290 $180,500
2023 $3,978 $216,790 $36,290 $180,500
2022 $3,802 $183,560 $31,930 $151,630
2021 $3,776 $183,560 $31,930 $151,630
2020 $3,776 $174,590 $29,030 $145,560
2019 $3,238 $174,590 $29,030 $145,560
2018 $3,238 $147,400 $26,130 $121,270
2017 $3,196 $147,400 $26,130 $121,270
2016 $3,134 $145,380 $23,220 $122,160
2015 $3,134 $145,380 $23,220 $122,160
2014 $3,004 $138,860 $23,220 $115,640
Source: Public Records

Agents Affiliated with this Home

  • Gwen Johnson

    Seller's Agent in 2022

    Gwen Johnson

    SKOGMAN REALTY

    (319) 631-4936

    5 in this area

    585 Total Sales

    Gwen Johnson
    Section Image

  • D

    Buyer's Agent in 2022

    Donald Fieldhouse

    Cedar Rapids Area Association of REALTORS

    (239) 774-6598

    8 in this area

    4,943 Total Sales

    Donald Fieldhouse
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2200897

Cedar Rapids Area Association of REALTORS®

APN: 1017379029

Iowa Johnson County Iowa City 52246 Ty N Cae

1240 Dolen Place, Iowa City, IA

This home is located at 1240 Dolen Place, Iowa City, IA 52246 since 18 February 2022 and is currently estimated at $315,810, approximately $88 per square foot. This property was built in 1984. 1240 Dolen Place is a home located in Johnson County with nearby schools including Ernest Horn Elementary School, Northwest Junior High School, and West 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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