NOT LISTED FOR SALE

Estimated Value: $151,000 - $161,671

4 Beds
2 Baths
1,485 Sq Ft
$105/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $133,500 $90 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $994/month

7 Days on Market

About This Home

As of December 2021

Investor Alert! Clean and refreshed! Newer Vinyl siding, new roof, updated windows, Two furnaces, two water heaters, two A/C units separate entrances. Mother Boards were recently replaced in furnace units. The 1st-floor efficiency unit offers a full kitchen, one bed, and one bath and a large living room, and an enclosed back porch and deck. The upper unit has 3 bedrooms or 2 bedrooms and/or living room, one bath, kitchenette, sunroom, attic with large living area or bedroom and storage. A common laundry area can be found in the dry basement and there are separate hookups for each unit. 4-5 car parking in rear and additional on-street parking! Great investment property and currently is unoccupied..

Last Agent to Sell the Property

Dana Hansen

RE/MAX Concepts Listed on: 10/29/2021

RE/MAX Concepts

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1904

Lot Details

  • 6,970

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,485 Sq Ft Home
  • Living Room
  • Block Basement Construction

Schools

  • Arthur Elementary School
  • Franklin Middle School
  • Washington High School

Additional Features

  • Lot Dimensions are 50 x 140
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 142220200300000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,006

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Investor Alert! Clean and refreshed! Newer Vinyl siding, new roof, updated windows, Two furnaces, two water heaters, two A/C units separate entrances. Mother Boards were recently replaced in furnace units. The 1st-floor efficiency unit offers a full kitchen, one bed, and one bath and a large living room, and an enclosed back porch and deck. The upper unit has 3 bedrooms or 2 bedrooms and/or living room, one bath, kitchenette, sunroom, attic with large living area or bedroom and storage. A common laundry area can be found in the dry basement and there are separate hookups for each unit. 4-5 car parking in rear and additional on-street parking! Great investment property and currently is unoccupied..
  • Year Built: 1904
  • Tax Year Report: 2020
  • Subdivision: .
  • Directions: 1st Ave to 17th St NE to 19th Ave NE
  • L O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Block
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Above: 1485

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Other Heating

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Franklin
  • Elementary School: Arthur

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 50 X 140
  • Zoning: R

Tax Info

  • Gross Tax County City: 2070
  • Assessor Parcel Number: 142220200300000

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 23, 2021
Sold by
Ebertsch Family Joint Revocable Trust
Bought by
Lor Song and Lor Raymond K
Seller's Agent
Dana Hansen
RE/MAX Concepts
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$144,500
Sold Price
$133,500
Premium/Discount to List
-$11,000
-7.61%
Current Estimated Value
$156,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,057
Avg. Annual Appreciation
3.09%
Original Mortgage
$106,800
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2018
Sold by
Ebertsch Theodore A and Ebertsch Julie M
Bought by
Ebertsch Theodore A and Ebertsch Juianne M
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
Lor Song $133,500 River Ridge Escrow
Ebertsch Theodore A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lor Song $106,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $133,500 -7.6% $90 / Sq Ft
10/29/2021 10/29/21 For Sale $144,500 -- $97 / 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
2025 $2,006 $132,400 $32,500 $99,900
2024 $1,483 $130,400 $30,000 $100,400
2023 $1,483 $113,300 $25,000 $88,300
2022 $2,224 $110,200 $25,000 $85,200
2021 $2,070 $107,400 $25,000 $82,400
2020 $2,070 $93,800 $17,500 $76,300
2019 $1,708 $79,200 $12,500 $66,700
2018 $1,618 $79,200 $12,500 $66,700
2017 $1,840 $65,900 $12,500 $53,400
2016 $1,840 $86,600 $12,500 $74,100
2015 $1,920 $90,245 $12,500 $77,745
2014 $1,920 $90,245 $12,500 $77,745
2013 $1,880 $90,245 $12,500 $77,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202105826

Iowa City Area Association of REALTORS®

APN: 14222-02003-00000