NOT LISTED FOR SALE

Estimated Value: $223,000 - $244,997

4 Beds
2 Baths
1,596 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $145,000 $91 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,574/month

31 Days on Market

Highlights

  • Deck
  • City High School Rated A-
  • Forced Air Cooling System

About This Home

As of October 2015

Subject to tax-free exchange. This is a great income property with 2 bedrooms, 1 bath per side on a quiet East side street in Iowa City. This cheerful one-story ranch has traditional style in a fabulous location. The cozy combined kitchen and dining room offer you a view of the backyard. These units also have a garden space, great shade trees, room to stretch your legs, and a wooden deck. Under rented and near shopping and schools, this property will go quickly! (Insurance annually: $717.00) 24-hour notice to show. *1909-1911 I St.

Last Agent to Sell the Property

Rob McCain

Urban Acres Real Estate Corridor Listed on: 07/30/2015

Urban Acres Real Estate Corridor

Last Buyer's Agent

Timothy Lehman

Edge Realty Group, Inc

Edge Realty Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,015

Year Built

  • 1983

Home Design

  • 1,596 Sq Ft Home
  • Frame Construction

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Laundry in unit
  • Deck
  • Lot Dimensions are 60x107

Community Details

  • Gross Income $16,800

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,015

Year Built

1983

Lot Details

0

Listing Details

  • City Name: Iowa City
  • Gross Tax: 3015
  • List User Cell Phone: 319-621-7653
  • Miscellaneous: Deck/Patio, Parking Spaces, Unit Laundry
  • Net Tax: 3016
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 90.85
  • Total Sq Ft: 1596
  • Tax Roll Number: 1014433003
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1983

Exterior Features

  • Construction Methods: Frame
  • Exterior: Composite, Wood

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 60x107

Multi Family

  • Gross Income: 16800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Lumpa William J
Bought by
Lumpa Janet E
Total Days on Market
31
Current Estimated Value
$230,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$169,723
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$57,485

Purchase Details

Closed on
Oct 6, 2023
Sold by
Lehman Christopher M and Lehman Angela M
Bought by
Gaffey Robert P and Gaffey Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$169,723
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$57,485

Purchase Details

Closed on
Oct 3, 2023
Sold by
Auburn Ridge Llc
Bought by
Patterson Brendan and Patterson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$169,723
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$57,485

Purchase Details

Closed on
Oct 2, 2023
Sold by
Dr Horton Iowa Llc
Bought by
Ravichandran Kumar and Rao Rakesh Balakishna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$169,723
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$57,485

Purchase Details

Closed on
Sep 21, 2023
Sold by
Watts Group Development Inc
Bought by
Liberty Land Croup Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$169,723
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$57,485

Purchase Details

Listed on
Jul 30, 2015
Closed on
Oct 30, 2015
Sold by
Barrows Jack W and Barrows Martha J
Bought by
Lehman Christopher M and Lehman Angela M
Seller's Agent
Rob McCain
Urban Acres Real Estate Corridor
Buyer's Agent
Timothy Lehman
Edge Realty Group, Inc
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
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
Gaffey Robert P $215,000 None Listed On Document
Patterson Brendan $245,000 None Listed On Document
Ravichandran Kumar $340,000 None Listed On Document
Liberty Land Croup Llc $355,000 None Listed On Document
Lehman Christopher M $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaffey Robert P $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $145,000 0.0% $91 / Sq Ft
08/30/2015 08/30/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $145,000 -- $91 / Sq Ft
Source: Cedar Rapids 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 $3,818 $203,000 $42,640 $160,360
2023 $3,556 $203,000 $42,640 $160,360
2022 $3,398 $164,050 $40,130 $123,920
2021 $3,356 $164,050 $40,130 $123,920
2020 $3,356 $155,180 $37,620 $117,560
2019 $3,134 $155,180 $37,620 $117,560
2018 $3,134 $142,630 $35,110 $107,520
2017 $3,100 $142,630 $35,110 $107,520
2016 $3,116 $144,520 $40,130 $104,390
2015 $3,116 $144,520 $40,130 $104,390
2014 $3,112 $143,880 $40,130 $103,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1505919

Cedar Rapids Area Association of REALTORS®

APN: 1014433003