NOT LISTED FOR SALE

1631 Muscatine Ave Iowa City, IA 52240

Longfellow Neighborhood

Estimated Value: $208,000 - $244,805

4 Beds
2 Baths
780 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $200,000 $256 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,494/month

53 Days on Market

Highlights

  • Living Room
  • Community Playground
  • Forced Air Heating and Cooling System
  • City High School Rated A-
  • Property is near shops
  • 5-minute walk to James Alan McPherson Park

About This Home

As of October 2022

Well maintained and fully leased duplex. Current leases end July 2023. Tenants pay all utilities. 24 hour notice to show.

Last Agent to Sell the Property

Dann Coffey

Edge Realty Group Listed on: 08/11/2022

Edge Realty Group

Last Buyer's Agent

Mark Kamps

Edge Realty Group

Edge Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1958

Lot Details

  • 7,492

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 780 Sq Ft Home
  • Living Room
  • Oven or Range

Laundry

  • Dryer
  • Washer

Location

  • Property is near shops
  • Property is near a bus stop

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0011014210006

Community Details

Overview

  • 2 Units
  • Rundell Addition Subdivision

Recreation

  • Community Playground

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,665
  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Well maintained and fully leased duplex. Current leases end July 2023. Tenants pay all utilities. 24 hour notice to show.
  • Year Built: 1958
  • Tax Year Report: 2021
  • Subdivision: Rundell Addition
  • Rental Permit: Yes
  • Directions: East on Court St to south on Muscatine
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Playground, Sidewalks, Close to Shopping, On Bus Line
  • Basement Remarks: See Renmarks
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Sq Ft Above: 780
  • Lower Level Sq Ft: 670

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Car

Utilities

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

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 7500 square feet
  • Zoning: Res

Tax Info

  • Gross Tax County City: 3444
  • Assessor Parcel Number: 0011014210006

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 30, 2022
Sold by
Waters Jeanette M
Bought by
Rr Rental Properties Llc
Seller's Agent
Dann Coffey
Edge Realty Group
Buyer's Agent
Mark Kamps
Edge Realty Group
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
25
Current Estimated Value
$221,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,451
Avg. Annual Appreciation
3.27%
Original Mortgage
$200,000
Outstanding Balance
$189,419
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$30,565
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
Rr Rental Properties Llc $200,000 --
Rr Rental Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rr Rental Properties Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $200,000 -7.0% $256 / Sq Ft
09/05/2022 09/05/22 Price Changed $215,000 -4.4% $276 / Sq Ft
08/24/2022 08/24/22 Price Changed $225,000 -10.0% $288 / Sq Ft
08/11/2022 08/11/22 For Sale $250,000 -- $321 / 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 $3,768 $200,310 $70,660 $129,650
2023 $3,604 $200,310 $70,660 $129,650
2022 $3,444 $166,270 $67,710 $98,560
2021 $3,456 $166,270 $67,710 $98,560
2020 $3,456 $159,810 $64,770 $95,040
2019 $3,232 $159,810 $64,770 $95,040
2018 $3,232 $147,100 $58,880 $88,220
2017 $3,194 $147,100 $58,880 $88,220
2016 $3,082 $145,290 $58,880 $86,410
2015 $3,082 $143,010 $58,880 $84,130
2014 $3,072 $142,010 $58,880 $83,130
Source: Public Records

Agents Affiliated with this Home

  • Dann Coffey

    Seller's Agent in 2022

    Dann Coffey

    Edge Realty Group

    (319) 631-2080

    4 in this area

    64 Total Sales

    Dann Coffey
    Section Image
  • Mark Kamps

    Buyer's Agent in 2022

    Mark Kamps

    Edge Realty Group

    (319) 321-1235

    1 in this area

    120 Total Sales

    Mark Kamps
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202204657

Iowa City Area Association of REALTORS®

APN: 1014210006

Iowa Johnson County Iowa City 52240 Longfellow

1631 Muscatine Ave, Iowa City, IA

This home is located at 1631 Muscatine Ave, Iowa City, IA 52240 since 11 August 2022 and is currently estimated at $221,451, approximately $283 per square foot. This property was built in 1958. 1631 Muscatine Ave is a home located in Johnson County with nearby schools including Longfellow 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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