NOT LISTED FOR SALE

1492 Cromwell Place Iowa City, IA 52240

Eastside Neighborhood

Estimated Value: $318,000 - $361,000

3 Beds
2 Baths
2,234 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $200,000 $90 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,426/month

29 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Skylights
  • City High School Rated A-
  • Breakfast Area or Nook
  • Wet Bar

About This Home

As of October 2012

First floor condo living in upgraded outstanding lake front condo in popular Wellington condos. Skylights, maple bookshelves, maple trim, white kitchen with top appliances. First floor laundry - washer/dryer stay, gas fireplace, neutral colors, whirlpool tub, wet bar, quick possession. Desirable walkout lower level. One of the best lots overlooking the water. Refrigerator sold "As Is".

Last Agent to Sell the Property

JANE MCCUNE

Blank & McCune Real Estate Listed on: 07/02/2012

Co-Listed By

Jackie Blank

Blank & McCune Real Estate

Last Buyer's Agent

Timothy Lehman

Edge Realty Group

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,104

Year Built

  • Built in 2001

Lot Details

  • Property is zoned PDA-5

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Skylights
  • Factory Built Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Schools

  • Lucas Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Internet Available

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, reserve fund, street maintenance
  • Built by Frantz
  • Greater Wellington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1013487002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,104

Year Built

Built in 2001

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2234
  • Homebuilder: Frantz
  • Owner Name L F Mi: Phillips Cummins
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Roof on building to be replaced by September 1, 2012. Roof assessment will be paid by Seller.
  • Year Built: 2001
  • Tax Year Report: 2010
  • Subdivision: Greater Wellington
  • Directions: Scott Blvd to right on Wellington, left on Village Rd to Cromwell Place
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout
  • Fireplace Type Location: In Living Room, Factory Built, Gas
  • Interior R: Bookcases, Foyer-Entrance, Skylight, Wet Bar, Whirlpool
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: First floor condo living in upgraded outstanding lake front condo in popular Wellington condos. Skylights, maple bookshelves, maple trim, white kitchen with top appliances. First floor laundry - washer/dryer stay, gas fireplace, neutral colors, whirlpool tub, wet bar, quick possession. Desirable walkout lower level. One of the best lots overlooking the water. Refrigerator sold "As Is".
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1134
  • 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: 1100
  • Laundry Location: Laundry Closet, 1st Floor
  • Mstr Br Level: Main
  • Mstr Br Width: 14
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Owned)
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 1680
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, 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: PDA-5

Tax Info

  • Gross Tax County City: 4041
  • Assessor Parcel Number: 1013487002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2013
Sold by
Hobbs Jack R and Hobbs Nancy L
Bought by
Hobbs Jack R and Jack R Hobbs Revocable Trust
Current Estimated Value
$336,992

Purchase Details

Listed on
Jul 2, 2012
Closed on
Oct 1, 2012
Sold by
Cummins Phillip D and Cummins Karen Countryman
Bought by
Hobbs Jack R and Hobbs Nancy L
Seller's Agent
JANE MCCUNE
Blank & McCune Real Estate
Buyer's Agent
Timothy Lehman
Edge Realty Group
List Price
$202,000
Sold Price
$200,000
Premium/Discount to List
-$2,000
-0.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$184,000
Interest Rate
3.56%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Hobbs Jack R -- None Available
Hobbs Jack R $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cummins Phillip D $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $200,000 -1.0% $90 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $202,000 -- $90 / 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 $5,104 $297,480 $53,280 $244,200
2023 $5,148 $297,480 $53,280 $244,200
2022 $5,148 $249,740 $48,210 $201,530
2021 $4,916 $249,740 $48,210 $201,530
2020 $5,016 $243,910 $45,670 $198,240
2019 $4,574 $243,910 $45,670 $198,240
2018 $4,574 $219,930 $40,600 $179,330
2017 $4,520 $219,930 $40,600 $179,330
2016 $4,126 $203,490 $40,600 $162,890
2015 $4,126 $203,490 $40,600 $162,890
2014 $4,038 $198,670 $40,600 $158,070
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    JANE MCCUNE

    Blank & McCune Real Estate

  • J

    Seller Co-Listing Agent in 2012

    Jackie Blank

    Blank & McCune Real Estate

  • Timothy Lehman

    Buyer's Agent in 2012

    Timothy Lehman

    Edge Realty Group

    (319) 331-7900

    15 in this area

    315 Total Sales

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20123847

Iowa City Area Association of REALTORS®

APN: 1013487002

Iowa Johnson County Iowa City 52240 Eastside

1492 Cromwell Place, Iowa City, IA

This home is located at 1492 Cromwell Place, Iowa City, IA 52240 since 02 July 2012 and is currently estimated at $333,667, approximately $149 per square foot. This property was built in 2001. 1492 Cromwell Place is a home located in Johnson County with nearby schools including Robert Lucas 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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