NOT LISTED FOR SALE

Estimated Value: $239,000 - $258,666

3 Beds
2 Baths
1,668 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $195,000 $117 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,656/month

54 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Breakfast Area or Nook
  • Patio
  • City High School Rated A-
  • Fenced Yard
  • Laundry Room

About This Home

As of May 2020

Great Investment opp, location next to grade school with this Ranch 3 Bedroom 2 bath home. Home has office/4th non conforming bedroom in the basement. Hardwood Floors through the living room, hallways and bedrooms. Stainless Steal appliances. Living room has surround sound speakers built in. Cedar Closet in Basement. Plenty of storage area. 1 Car garage. Large yard. Wood burning fireplace in living room. House is Rented Until July 2020 for $1500.00 per month with probable renewal.

Last Agent to Sell the Property

Matthew Lepic

Lepic-Kroeger, REALTORS Listed on: 03/11/2020

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Matthew Lepic

Lepic-Kroeger, REALTORS Listed on: 03/11/2020

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 75x89
  • Fenced Yard

Parking

  • 1 Parking Space

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Twain Elementary School
  • Southeast Middle School

Utilities

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

Community Details

  • Mark Twain South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023201016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,894

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1668
  • Homebuilder: UK
  • Owner Name L F Mi: Matnic, LLC
  • Ownership Type: Income/Investment
  • Photo Code: Complete
  • Remarks: 48 Hours Notice to Show. Tenants Rights. Please set up showings by emailing assistant.lepicelite@gmail.com. One owner is a Licensed Realtor in the State of Iowa.
  • T Val: 195000
  • Year Built: 1965
  • Tax Year Report: 2018
  • Subdivision: Mark Twain South
  • Directions: SYCAMORE ST TO DEFOREST, EAST TO SPRUCE, SOUTH AROUND CURVE TO BROOKWOOD.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Sump Pump, Full
  • Fireplace Type Location: In Living Room, Wood Burning
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional, Contract, Lease Purchase
  • Remarks2: Great Investment opp, location next to grade school with this Ranch 3 Bedroom 2 bath home. Home has office/4th non conforming bedroom in the basement. Hardwood Floors through the living room, hallways and bedrooms. Stainless Steal appliances. Living room has surround sound speakers built in. Cedar Closet in Basement. Plenty of storage area. 1 Car garage. Large yard. Wood burning fireplace in living room. House is Rented Until July 2020 for $1500.00 per month with probable renewal.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Number Bedrooms Main: 3
  • Sq Ft Above: 968
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 700
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Fenced Yard, Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 75x89
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3632
  • Assessor Parcel Number: 1023201016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 4, 2020
Sold by
Matnic Llc
Bought by
Severino Patterson Michael J and Shiguango Jacqueline
Seller's Agent
Matthew Lepic
Lepic-Kroeger, REALTORS
Buyer's Agent
Matthew Lepic
Lepic-Kroeger, REALTORS
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$244,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,667
Avg. Annual Appreciation
4.36%
Original Mortgage
$164,700
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2013
Sold by
Lewis Jason and Lewis Theresa
Bought by
Stanley & Douglas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,060
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 24, 2006
Sold by
Laffin Jason E and Laffin Jennifer J S
Bought by
Lewis Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,275
Interest Rate
6.72%
Mortgage Type
Stand Alone Second
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
Severino Patterson Michael J $183,000 None Available
Stanley & Douglas Llc $155,000 None Available
Lewis Theresa $148,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severino Patterson Michael J $163,500
Closed Severino Patterson Michael J $164,700
Previous Owner Matnic Llc $731,000
Previous Owner Matnic Llc $60,000
Previous Owner Matnic Llc $50,000
Previous Owner Stanley & Douglas Llc $187,500
Previous Owner Stanley & Douglas Llc $132,060
Previous Owner Lewis Theresa M $20,000
Previous Owner Lewis Theresa T $135,000
Previous Owner Lewis Theresa $12,275
Previous Owner Lewis Theresa $126,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $195,000 0.0% $117 / Sq Ft
03/11/2020 03/11/20 For Sale $195,000 +14.7% $117 / Sq Ft
12/01/2016 12/01/16 Sold $170,000 0.0% $102 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $170,000 -- $102 / 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 $3,894 $217,510 $40,370 $177,140
2023 $3,814 $217,510 $40,370 $177,140
2022 $3,642 $184,810 $37,490 $147,320
2021 $4,134 $184,810 $37,490 $147,320
2020 $4,134 $191,210 $34,600 $156,610
2019 $3,632 $191,210 $34,600 $156,610
2018 $3,632 $165,330 $28,840 $136,490
2017 $3,456 $165,330 $28,840 $136,490
2016 $3,388 $157,190 $25,950 $131,240
2015 $3,388 $157,190 $25,950 $131,240
2014 $3,300 $152,530 $25,950 $126,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202001864

Iowa City Area Association of REALTORS®

APN: 1023201016