NOT LISTED FOR SALE

1504 Grand Ave Iowa City, IA 52246

Estimated Value: $517,000 - $732,000

4 Beds
2.5 Baths
1,981 Sq Ft
$323/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $507,500 $256 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,253/month

107 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Main Floor Primary Bedroom
  • Norman Borlaug Elementary School Rated A-
  • Wooded Lot
  • Corner Lot

About This Home

As of July 2018

Classic Tudor charm with stunning modern updates in prime location! This 1/2 acre partially wooded lot is within walking distance to UIHC & Hawkeye sports. Major updates include HVAC, plumbing, electrical, insulation & windows. You will enjoy all of the beautiful new finishes throughout the open concept living space w/ gas fireplace. New kitchen, main floor master suite/laundry/mudroom, solid oak flooring throughout, tons of natural light, large deck & beautiful landscaping. You'll fall in love w/ this gem!

Last Agent to Sell the Property

Brian Krueger

RE/MAX Affiliates Listed on: 03/07/2018

Last Buyer's Agent

Jerome Howe

Skogman Realty Co.

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,126

Year Built

  • Built in 1929

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 110 x181
  • Corner Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 1,981 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near schools

Schools

  • Borlaug Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1009351014

Community Details

Overview

  • University Heights 2Nd Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,126

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1981
  • Homebuilder: unknown
  • Owner Name L F Mi: Vision Property Solutions
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: This home is currently under renovation with a finish date estimated around 4/10/2018. More Photos will be added as we complete this project. Please call for information. One owner is licensed to sell real estate in the state of Iowa. Verify school attendance with ICCSD due to possible boundary changes.
  • Year Built: 1929
  • Tax Year Report: 2016
  • Subdivision: UNIVERSITY HEIGHTS 2nd
  • Directions: Melrose Ave East to Sunset St, turn North(left) on Sunset 1st house on left.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Golf Course, Street Lights, Close to School, Other
  • Basement Remarks: Block, Full
  • Fireplace Type Location: In Living Room, Factory Built, Gas
  • Interior R: Cable Available, Ceiling-9+ ft
  • Kitchen Breakfast R: Breakfast Bar, Island, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Corner, Level, Sloping, Wooded
  • Possession R: Negotiable, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Classic Tudor charm with stunning modern updates in prime location! This 1/2 acre partially wooded lot is within walking distance to UIHC & Hawkeye sports. Major updates include HVAC, plumbing, electrical, insulation & windows. You will enjoy all of the beautiful new finishes throughout the open concept living space w/ gas fireplace. New kitchen, main floor master suite/laundry/mudroom, solid oak flooring throughout, tons of natural light, large deck & beautiful landscaping. You'll fall in love w/ this gem!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Range/Oven, Refrigerator
  • Number Bedrooms Upper: 3
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1981
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Patio

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Borlaug
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Borlaug

Lot Info

  • Acreage: 0.46
  • Geo Subdivision: IA
  • Lot Dimensions: 110 x181
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 5452
  • Assessor Parcel Number: 1009351014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
Jul 2, 2018
Sold by
Vision Property Solutions Llc
Bought by
Brinkman Ann M and Carstensen Brent J
Seller's Agent
Brian Krueger
RE/MAX Affiliates
Buyer's Agent
Jerome Howe
Skogman Realty Co.
List Price
$535,000
Sold Price
$507,500
Premium/Discount to List
-$27,500
-5.14%
Total Days on Market
107
Current Estimated Value
$639,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,244
Avg. Annual Appreciation
2.09%
Original Mortgage
$425,000
Outstanding Balance
$365,009
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$224,198

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 6, 2017
Sold by
Crossett Judith Hale Wallace
Bought by
Community Enterprices Llc
Seller's Agent
Cindy Clark
Urban Acres Real Estate
Buyer's Agent
Brian Krueger
RE/MAX Affiliates
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.06%
Original Mortgage
$308,000
Interest Rate
4.21%
Mortgage Type
New Conventional
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
Brinkman Ann M $507,500 None Available
Community Enterprices Llc $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brinkman Ann M $425,000
Closed Brinkman Ann M $425,000
Previous Owner Vision Property Solution L L C $75,000
Previous Owner Community Enterprise Llc $17,490
Previous Owner Community Enterprices Llc $308,000
Previous Owner Wallace Crossett Judith Hale $50,000
Previous Owner Wallace Crossett Judith Hale $160,000
Previous Owner Crossett Judith Hale Wallace $22,500
Previous Owner Crossett Judith Hale Wallace $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $507,500 -5.1% $256 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $535,000 +127.7% $270 / Sq Ft
04/06/2017 04/06/17 Sold $235,000 0.0% $148 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $235,000 -- $148 / 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 $10,126 $604,700 $209,900 $394,800
2023 $9,218 $604,700 $209,900 $394,800
2022 $8,766 $479,500 $186,600 $292,900
2021 $9,130 $479,500 $186,600 $292,900
2020 $9,130 $479,500 $186,600 $292,900
2019 $6,072 $479,500 $186,600 $292,900
2018 $5,958 $315,800 $158,600 $157,200
2017 $5,452 $315,800 $158,600 $157,200
2016 $6,352 $300,800 $158,600 $142,200
2015 $6,352 $354,900 $186,600 $168,300
2014 $5,888 $329,000 $186,600 $142,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20181609

Iowa City Area Association of REALTORS®

APN: 1009351014