$225,000
SOLD MAY 29, 2012
3 Beds
3 Baths
2,331 Sq Ft
9,888 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

10% Below List Price

309 Days on Market

Highlights

  • Community Lake
  • Deck
  • Solarium
  • City High School Rated A-
  • Main Floor Primary Bedroom
  • Den

About This Home

As of January 2025

Open and bright walk- out ranch condo with lovely water views on two sides. Pergo floors, Corian counters, Gas log fireplace, updated kitchen. Main level laundry and 3 season sunporch with deck. LL has familyroom, bedroom, full bath, workshop and storage. Walks out to patio. Perfect for a family or for downsizing with main floor living and guest space in LL. Two car garage. Located on quiet cul de sac in wonderful condominium community. Turnkey property. Private, secure and comfortable!

Last Agent to Sell the Property

Nancy Steyers

Blank & McCune Real Estate Listed on: 07/11/2011

Last Buyer's Agent

Timothy Lehman

Edge Realty Group

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,910

Year Built

  • Built in 1999

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Solarium

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

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

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Porch

Schools

  • Lucas Elementary School
  • Southeast Middle School

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 1013483009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,910

Year Built

Built in 1999

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2331
  • Homebuilder: Frantz
  • Number of Main Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: Smith , Evan Estate
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Consult Iowa City Schools for School Assignments for September 2011. No sellers' disclosure available as this is an estate sale.
  • Year Built: 1999
  • Tax Year Report: 2009
  • Subdivision: Wellington
  • Directions: Scott Blvd to Wellington and left on Somerset Lane
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Lake, Neighborhood Assoc., Sidewalks, Street Lights
  • Basement Remarks: Finished, Full, Walkout
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Cable Available
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: None/Condo
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Remarks2: Open and bright walk- out ranch condo with lovely water views on two sides. Pergo floors, Corian counters, Gas log fireplace, updated kitchen. Main level laundry and 3 season sunporch with deck. LL has familyroom, bedroom, full bath, workshop and storage. Walks out to patio. Perfect for a family or for downsizing with main floor living and guest space in LL. Two car garage. Located on quiet cul de sac in wonderful condominium community. Turnkey property. Private, secure and comfortable!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1456
  • Total Full Baths: 2
  • Total Three Quarter Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 875
  • Laundry Location: Laundry Room, 1st Floor
  • Mstr Br Level: Main
  • Mstr Br Width: 13
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch, Workshop

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1620.00
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Mgmt Fee, 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
  • Lot Dimensions: Condo
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 4681.97
  • Assessor Parcel Number: 1013483009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Jan 20, 2025
Sold by
Tony L Serbousek And Judy L Serbousek Tr and Serbousek Tony L
Bought by
Cromwell Larry G and Cromwell Deeann K
Seller's Agent
Timothy Lehman
Edge Realty Group
Buyer's Agent
Jan Crosby
Urban Acres Real Estate
List Price
$360,000
Sold Price
$355,000
Premium/Discount to List
-$5,000
-1.39%
Views
6
Current Estimated Value
$359,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,884
Avg. Annual Appreciation
1.13%
Original Mortgage
$284,000
Outstanding Balance
$283,473
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$73,373

Purchase Details

Closed on
Mar 24, 2014
Sold by
Serbousek Tony L and Serbousek Judy L
Bought by
The Tony L Serbousek And Judy L Serbouse

Purchase Details

Listed on
Jul 11, 2011
Closed on
May 29, 2012
Sold by
Smith Elliott G
Bought by
Serbousek Tony L and Serbousek Judith L
Seller's Agent
Nancy Steyers
Blank & McCune Real Estate
Buyer's Agent
Timothy Lehman
Edge Realty Group
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$180,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 None Listed On Document
Warranty Deed $355,000 None Listed On Document
Warranty Deed -- None Available
Legal Action Court Order $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,000 New Conventional
Closed $284,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $125,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $355,000 -1.4% $152 / Sq Ft
12/10/2024 12/10/24 For Sale $360,000 +60.0% $154 / Sq Ft
05/29/2012 05/29/12 Sold $225,000 -10.0% $97 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
07/11/2011 07/11/11 For Sale $249,900 -- $107 / 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 $5,910 $331,610 $51,890 $279,720
2023 $5,818 $331,610 $51,890 $279,720
2022 $5,558 $277,310 $46,940 $230,370
2021 $5,760 $277,310 $46,940 $230,370
2020 $5,760 $274,970 $44,470 $230,500
2019 $5,480 $274,970 $44,470 $230,500
2018 $5,480 $257,950 $39,530 $218,420
2017 $5,064 $257,950 $39,530 $218,420
2016 $4,960 $238,850 $39,530 $199,320
2015 $4,960 $238,850 $39,530 $199,320
2014 $4,826 $231,830 $39,530 $192,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20114241

Iowa City Area Association of REALTORS®

APN: 1013483009