NOT LISTED FOR SALE

1621 Somerset Ln Iowa City, IA 52240

Eastside Neighborhood

Estimated Value: $307,000 - $345,000

2 Beds
2 Baths
1,463 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $210,000 $144 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,349/month

20 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Skylights
  • City High School Rated A-
  • Breakfast Area or Nook
  • Patio

About This Home

As of March 2016

Hard to find, sunlit 2 bedroom, 2 bath walk-out condo with zero entry that's perfect for one level living. Enjoy beautiful views of pond from the deck, 4-seasons porch & patio. Spacious master with lovely bath room & large walk-in closet. Eat-in kitchen with breakfast bar, GE appliances, cathedral ceilings, gas fireplace, and laundry on main. In a convenient East side location near schools, shopping & restaurants. Unfinished LL has rough-in for bath & a sump pump that has never run. Maytag W/D remain.

Last Agent to Sell the Property

Mark Kamps

Edge Realty Group Listed on: 01/23/2016

Edge Realty Group

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1996

Lot Details

  • 0.25

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,463 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Lucas Elementary School
  • Southeast Middle School

Utilities

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

Community Details

  • Association fees include exterior maintenance, grounds maintenance
  • Built by Frantz
  • Wellington Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1013479017

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 1996

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1463
  • Homebuilder: Frantz
  • Number of Main Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: Johnston
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Check with ICCSD for school attendance. Home being sold in "as is" condition.
  • Year Built: 1996
  • Tax Year Report: 2014
  • Subdivision: Wellington Condos
  • Directions: Scott Blvd, West on to Wellington, left on Somerset
  • L O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights
  • Basement Remarks: Bath Stubbed, Sump Pump, Finished, Full, Walkout
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Ceiling-9+ ft, Skylight
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Pantry
  • Lot Description R: None/Condo
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Hard to find, sunlit 2 bedroom, 2 bath walk-out condo with zero entry that's perfect for one level living. Enjoy beautiful views of pond from the deck, 4-seasons porch & patio. Spacious master with lovely bath room & large walk-in closet. Eat-in kitchen with breakfast bar, GE appliances, cathedral ceilings, gas fireplace, and laundry on main. In a convenient East side location near schools, shopping & restaurants. Unfinished LL has rough-in for bath & a sump pump that has never run. Maytag W/D remain.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1463
  • Total Full Baths: 1
  • Total Three Quarter Bathrooms: 1
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, 1st Floor, Kitchen Area, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 14
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Deck, Patio, Screen Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1800.00
  • Condo Level: 1
  • Fees Include: Exterior Maintenance, Grounds 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
  • Zoning: res

Tax Info

  • Gross Tax County City: 3994
  • Assessor Parcel Number: 1013479017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2020
Sold by
Purdy Elizabeth A and Bulgarelli Elizabeth A
Bought by
Purdy Elizabeth and Elizabeth Purdy Revocable Living Trust
Current Estimated Value
$326,749

Purchase Details

Listed on
Jan 23, 2016
Closed on
Mar 1, 2016
Sold by
Immediata Mary Elizabeth and Immediata Anthony R
Bought by
Bulgarelli Elizabeth A
Seller's Agent
Mark Kamps
Edge Realty Group
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$168,000
Outstanding Balance
$133,779
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$187,582

Purchase Details

Closed on
Oct 30, 2014
Sold by
Johnston Mary R
Bought by
Johnston Mary R and Jensen Anne M
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
Purdy Elizabeth -- None Available
Bulgarelli Elizabeth A $210,000 None Available
Johnston Mary R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulgarelli Elizabeth A $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $210,000 0.0% $144 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $210,000 -- $144 / 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 $5,028 $284,790 $52,300 $232,490
2023 $5,156 $284,790 $52,300 $232,490
2022 $4,926 $237,890 $47,320 $190,570
2021 $5,056 $237,890 $47,320 $190,570
2020 $5,056 $233,850 $44,830 $189,020
2019 $4,680 $233,850 $44,830 $189,020
2018 $4,680 $213,040 $39,850 $173,190
2017 $4,342 $213,040 $39,850 $173,190
2016 $4,070 $197,500 $39,850 $157,650
2015 $4,070 $197,500 $39,850 $157,650
2014 $3,994 $193,310 $39,850 $153,460
Source: Public Records

Agents Affiliated with this Home

  • Mark Kamps

    Seller's Agent in 2016

    Mark Kamps

    Edge Realty Group

    (319) 321-1235

    7 in this area

    124 Total Sales

    Mark Kamps
    Section Image

  • N

    Buyer's Agent in 2016

    Nonmember NONMEMBER

    NONMEMBER

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20160585

Iowa City Area Association of REALTORS®

APN: 1013479017

Iowa Johnson County Iowa City 52240 Eastside

1621 Somerset Ln, Iowa City, IA

This home is located at 1621 Somerset Ln, Iowa City, IA 52240 since 23 January 2016 and is currently estimated at $326,749, approximately $223 per square foot. This property was built in 1996. 1621 Somerset Ln 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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