NOT LISTED FOR SALE

1507 Oak Lake Park Rd Coralville, IA 52241

Estimated Value: $432,000 - $458,876

4 Beds
2.5 Baths
2,696 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 09, 2019

Last sale price $308,900 $115 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,948/month

66 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Brick or Stone Mason
  • Wickham Elementary School Rated A
  • Fenced Yard
  • Breakfast Bar

About This Home

As of September 2019

Do not let this opportunity pass you by! A beautiful 4 bdrm 3 bth home in a quiet neighborhood located close to a community rec center, parks, shopping and Cambus/City bus stop. Featuring hardwood floors, granite counter tops, upgraded stainless steel appliances, oversized garage, large master suite with huge walk-in closet and jetted soaking tub, new carpet on the main. Relax outside in your screened in porch or large sundeck which steps down to a patio w/ built-in fire pit. This home will not last long!

Last Agent to Sell the Property

Phil O'Brien

Urban Acres Real Estate Corridor Listed on: 06/27/2019

Urban Acres Real Estate Corridor

Last Buyer's Agent

Victoria Pedersen

Iowa Realty

Iowa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,864

Year Built

  • Built in 1992

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard
  • Garden

Parking

  • 2 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Great Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Schools

  • Wickham Elementary School
  • North Central Middle School
  • West High School

Utilities

  • Heating System Uses Gas
  • Water Softener is Owned
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 07311191002

Community Details

Overview

  • Built by Gary Gruwell
  • Oak Lake Park Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,864

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2696
  • Homebuilder: Gary Gruwell
  • Owner Name L F Mi: Grace & Robert Knowles
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: This home is being sold as-is. Any inspections are for informational proposes only.
  • Year Built: 1992
  • Tax Year Report: 2017
  • Subdivision: Oak Lake Park Subdivision
  • Directions: Holiday Rd, Turn North on Oak Lake Park Rd. Home is on the East side of the Rd.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Playground, Sidewalks
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Great/Family Room
  • Interior R: Bookcases
  • Kitchen Breakfast R: Breakfast Bar, Kit/Dining Rm Comb
  • Lot Description R: .5-1 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Do not let this opportunity pass you by! A beautiful 4 bdrm 3 bth home in a quiet neighborhood located close to a community rec center, parks, shopping and Cambus/City bus stop. Featuring hardwood floors, granite counter tops, upgraded stainless steel appliances, oversized garage, large master suite with huge walk-in closet and jetted soaking tub, new carpet on the main. Relax outside in your screened in porch or large sundeck which steps down to a patio w/ built-in fire pit. This home will not last long!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 3
  • Number Bedrooms Main: 1
  • Sq Ft Above: 2128
  • 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
  • Lower Level Finished Sq Ft: 568
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1

Exterior Features

  • Construction: Brick, Frame
  • ExteriorFeatures: Deck, Fenced Yard, Garden Area, Screen Porch, Other

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Owned)
  • Heating Cooling: Gas

Schools

  • Elementary School: Wickham
  • Middle School: North Central
  • High School: West
  • High School: West
  • Jr Middle School: North Central
  • Elementary School: Wickham

Lot Info

  • Acreage: 0.35
  • Geo Subdivision: IA
  • Lot Dimensions: 15143 Sq Ft
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 6128
  • Assessor Parcel Number: 07311191002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Sep 4, 2019
Sold by
Knowles Grace E and Knowles Robert A
Bought by
Miller Jennifer L and Miller Andrew J
Seller's Agent
Phil O'Brien
Urban Acres Real Estate Corridor
Buyer's Agent
Victoria Pedersen
Iowa Realty
List Price
$315,000
Sold Price
$308,900
Premium/Discount to List
-$6,100
-1.94%
Current Estimated Value
$445,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,069
Avg. Annual Appreciation
6.13%
Original Mortgage
$208,900
Outstanding Balance
$185,317
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$256,584

Purchase Details

Closed on
Jun 10, 2019
Sold by
Knowles Grace E and Knowles Robert A
Bought by
Knowles Grace E and Knowles Robert A

Purchase Details

Listed on
Aug 6, 2016
Closed on
Nov 28, 2016
Sold by
Clark Benjamin M and Clark Stephanie Y
Bought by
Knowles Grace E and Knowles Robert A
Seller's Agent
Melea Ballou
Pinnacle Realty LLC
Buyer's Agent
Tina Frantz
Ambrose & Associates, Realtors
List Price
$313,500
Sold Price
$303,000
Premium/Discount to List
-$10,500
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$287,850
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2014
Closed on
Jun 19, 2014
Sold by
Clark Benjamin M and Clark Stephanie Y
Bought by
The Clark Living Trust
Seller's Agent
Jeff Dill
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$289,000
Sold Price
$288,000
Premium/Discount to List
-$1,000
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$33,200
Interest Rate
4.2%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Mar 26, 2014
Closed on
Jun 11, 2014
Sold by
Therrien William J and Therrien Erin M
Bought by
Clark Benjamin M and Clark Stephanie Y
Seller's Agent
Jeff Dill
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$289,000
Sold Price
$288,000
Premium/Discount to List
-$1,000
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,200
Interest Rate
4.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 2006
Sold by
Dotseth Jeffrey M and Dotseth Joni
Bought by
Therrien William J and Therrien Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.73%
Mortgage Type
Commercial
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
Miller Jennifer L $309,000 None Available
Knowles Grace E -- None Available
Knowles Grace E $303,000 None Available
The Clark Living Trust -- None Available
Clark Benjamin M $288,000 None Available
Therrien William J $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jennifer L $208,900
Previous Owner Knowles Grace E $287,850
Previous Owner Clark Benjamin M $33,200
Previous Owner Therrien William J $216,000
Previous Owner Therrien William J $27,000
Previous Owner Therrien William J $221,200
Previous Owner Therrien William J $20,000
Previous Owner Therrien William J $224,000
Previous Owner Therrien William J $20,000
Previous Owner Therrien William J $204,000
Previous Owner Therrien William J $20,000
Previous Owner Dotseth Jeffery M $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $308,900 -1.9% $115 / Sq Ft
06/27/2019 06/27/19 For Sale $315,000 +4.0% $117 / Sq Ft
12/01/2016 12/01/16 Sold $303,000 -3.3% $112 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $313,500 +8.9% $116 / Sq Ft
06/16/2014 06/16/14 Sold $288,000 -0.3% $108 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $289,000 -- $109 / 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 $6,864 $385,600 $70,400 $315,200
2023 $6,438 $385,600 $70,400 $315,200
2022 $6,144 $315,900 $48,400 $267,500
2021 $6,114 $315,900 $48,400 $267,500
2020 $6,114 $301,800 $48,400 $253,400
2019 $6,072 $301,800 $48,400 $253,400
2018 $5,952 $301,800 $48,400 $253,400
2017 $5,768 $301,800 $48,400 $253,400
2016 $5,786 $291,000 $48,300 $242,700
2015 $5,786 $291,000 $48,300 $242,700
2014 $5,372 $269,200 $48,300 $220,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20194081

Iowa City Area Association of REALTORS®

APN: 0731191002