NOT LISTED FOR SALE

1275 / 1301 Foster Rd Iowa City, IA 52245

Peninsula Area Neighborhood

Estimated Value: $651,077 - $741,000

4 Beds
6 Baths
3,280 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 01, 2019

Last sale price $510,000 $155 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,819/month

163 Days on Market

Highlights

  • 2 Fireplaces
  • Brick or Stone Mason
  • Property is near schools
  • City High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

INVESTOR ALERT! This is a duplex in the Pennisula, brick fully rented. One side has two bedroom with a loft with full basement and other side is two bedroom. Both are two full bathes with 1/2 bath on first floor. Brick and 2X6 construction. Two car garage and one covered additional parking. Lovely setting. Large deck and full basement for future finish for more bedrooms and bath for the savvy investor. This property requires a minimum of 24 hours notice and potential buyer must be pre qualified.

Last Agent to Sell the Property

Gwen Johnson

Skogman Realty Co. Listed on: 03/22/2019

Skogman Realty Co.

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,344

Year Built

  • Built in 2003

Lot Details

  • 6,534

HOA Fees

  • $144 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Poured Concrete

Interior Spaces

  • 3,280 Sq Ft Home
  • 2 Fireplaces
  • Living Room

Kitchen

  • Oven or Range
  • Dishwasher

Location

  • Property is near schools
  • Property is near shops

Schools

  • Lincoln Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units
  • Peninsula Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1004330009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,344

Year Built

Built in 2003

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: INVESTOR ALERT! This is a duplex in the Pennisula, brick fully rented. One side has two bedroom with a loft with full basement and other side is two bedroom. Both are two full bathes with 1/2 bath on first floor. Brick and 2X6 construction. Two car garage and one covered additional parking. Lovely setting. Large deck and full basement for future finish for more bedrooms and bath for the savvy investor. This property requires a minimum of 24 hours notice and potential buyer must be pre qualified.
  • Year Built: 2003
  • Tax Year Report: 2017
  • Subdivision: Peninsula
  • Rental Permit: Yes
  • Directions: from south east on N Dubuque St, turn right on Foster Road
  • L O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School, Close to Shopping
  • Basement Remarks: Poured Concrete
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Sq Ft Above: 3280
  • Number of Fireplaces: 2

Exterior Features

  • Construction: Brick

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1728

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 6534 sq ft
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 10524
  • Assessor Parcel Number: 1004330009

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Sep 4, 2019
Sold by
Johnson Wayne L and Johnson Janis K
Bought by
Foster Road Real Estate Llc
Seller's Agent
Gwen Johnson
Skogman Realty Co.
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$580,000
Sold Price
$510,000
Premium/Discount to List
-$70,000
-12.07%
Current Estimated Value
$681,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,327
Avg. Annual Appreciation
4.28%
Original Mortgage
$249,500
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2013
Sold by
Katz Peter and Hollander Marla Kay
Bought by
Johnson Wayne L
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
Foster Road Real Estate Llc $510,000 None Available
Johnson Wayne L $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Wayne L $249,500
Previous Owner Johnson Wayne $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2019 09/01/19 Sold $510,000 -5.6% $155 / Sq Ft
06/27/2019 06/27/19 Price Changed $540,000 -1.8% $165 / Sq Ft
06/18/2019 06/18/19 Price Changed $550,000 -2.7% $168 / Sq Ft
05/16/2019 05/16/19 Price Changed $565,000 -2.6% $172 / Sq Ft
03/22/2019 03/22/19 For Sale $580,000 -- $177 / 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 $11,344 $602,990 $104,540 $498,450
2023 $11,548 $602,990 $104,540 $498,450
2022 $11,034 $532,760 $104,540 $428,220
2021 $11,054 $532,760 $104,540 $428,220
2020 $11,054 $511,210 $104,540 $406,670
2019 $10,636 $511,210 $104,540 $406,670
2018 $10,636 $484,070 $104,540 $379,530
2017 $10,524 $484,070 $104,540 $379,530
2016 $10,206 $473,530 $104,540 $368,990
2015 $10,206 $473,530 $104,540 $368,990
2014 $10,120 $467,810 $104,540 $363,270
Source: Public Records

Agents Affiliated with this Home

  • Gwen Johnson

    Seller's Agent in 2019

    Gwen Johnson

    Skogman Realty Co.

    (319) 631-4936

    17 in this area

    597 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20191760

Iowa City Area Association of REALTORS®

APN: 1004330009

Iowa Johnson County Iowa City 52245 Peninsula Area

1275 / 1301 Foster Rd, Iowa City, IA

This home is located at 1275 / 1301 Foster Rd, Iowa City, IA 52245 since 22 March 2019 and is currently estimated at $697,019, approximately $212 per square foot. This property was built in 2003. 1275 / 1301 Foster Rd is a home located in Johnson County with nearby schools including Horace Mann 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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