NOT LISTED FOR SALE

2016-2016 1/2 Davis St Iowa City, IA 52240

Wetherby Neighborhood

Estimated Value: $200,000 - $233,132

4 Beds
1 Bath
1,056 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $123,000 $116 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,498/month

39 Days on Market

Highlights

  • Living Room
  • Park
  • Forced Air Heating and Cooling System
  • City High School Rated A-
  • Property is near schools
  • Dining Room

About This Home

As of September 2013

Great rental units with cashflow opportunity! Top unit is 3 br w/1 car garage, Section 8 approved: Bottom unit is efficiency w/off street parking, and newly renewed rental permit. Both units have washers&dryers! Tenants rights, 24 hrs notice to show. Maintenance is estimated.

Last Agent to Sell the Property

Emilie Walsh

Keller Williams Legacy Group Listed on: 07/08/2013

Keller Williams Legacy Group

Last Buyer's Agent

Tracy Reiten

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1975

Lot Details

  • 9,104

Interior Spaces

  • 1,056 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Oven or Range

Schools

  • Wood Elementary School
  • Southeast Middle School

Utilities

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

Additional Features

  • Lot Dimensions are 71x128
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 1023240003

Community Details

Overview

  • 2 Units
  • Hollywood Manor Subdivision

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Electric Expense $125
  • Fuel Expense $125
  • Insurance Expense $766
  • Maintenance Expense $500
  • Water Sewer Expense $125
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,818

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Great rental units with cashflow opportunity! Top unit is 3 br w/1 car garage, Section 8 approved: Bottom unit is efficiency w/off street parking, and newly renewed rental permit. Both units have washers&dryers! Tenants rights, 24 hrs notice to show. Maintenance is estimated.
  • T Val: 123000
  • Year Built: 1975
  • Tax Year Report: 2011
  • Subdivision: Hollywood Manor
  • Rental Permit: Yes
  • Water Annually: 125
  • Directions: Hwy 6, South on Taylor, East on Tracy Lane, South on Davis.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Park, Pet Policy, Street Lights, Close to School
  • Basement Remarks: Finished, Walkout
  • Possession R: Immediate, At Closing
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 1056
  • Lower Level Sq Ft: 750

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 125
  • Gas Annually: 125
  • Heating Cooling: Ceiling Fans, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 71X128
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2806
  • Assessor Parcel Number: 1023240003

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 3, 2013
Sold by
Gunnells Kyle R and Gunnells Donna M
Bought by
Connell Katherine E and Potts Matthew A
Seller's Agent
Emilie Walsh
Keller Williams Legacy Group
Buyer's Agent
Tracy Reiten
Lepic-Kroeger, REALTORS
List Price
$129,000
Sold Price
$123,000
Premium/Discount to List
-$6,000
-4.65%
Current Estimated Value
$215,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,555
Avg. Annual Appreciation
5.25%
Original Mortgage
$6,150
Interest Rate
4.38%
Mortgage Type
Stand Alone Second
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
Connell Katherine E $123,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Matthew A $87,500
Open Otts Matthew A $139,343
Closed Connell Katherine E $6,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $123,000 -4.7% $116 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $129,000 -- $122 / 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 $3,818 $202,950 $50,590 $152,360
2023 $3,744 $202,950 $50,590 $152,360
2022 $3,392 $172,780 $47,220 $125,560
2021 $3,362 $172,780 $47,220 $125,560
2020 $3,362 $164,100 $43,840 $120,260
2019 $3,028 $164,100 $43,840 $120,260
2018 $3,028 $146,300 $37,100 $109,200
2017 $2,990 $146,300 $37,100 $109,200
2016 $2,832 $140,150 $30,350 $109,800
2015 $2,832 $140,150 $30,350 $109,800
2014 $2,768 $136,680 $30,350 $106,330
Source: Public Records

Agents Affiliated with this Home

  • Emilie Walsh

    Seller's Agent in 2013

    Emilie Walsh

    Keller Williams Legacy Group

    (319) 936-2073

    1 in this area

    107 Total Sales

    Section Image

  • T

    Buyer's Agent in 2013

    Tracy Reiten

    Lepic-Kroeger, REALTORS

    (319) 530-8326

    83 Total Sales

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20133644

Iowa City Area Association of REALTORS®

APN: 1023240003

Iowa Johnson County Iowa City 52240 Wetherby

2016-2016 1/2 Davis St, Iowa City, IA

This home is located at 2016-2016 1/2 Davis St, Iowa City, IA 52240 since 08 July 2013 and is currently estimated at $219,533, approximately $207 per square foot. This property was built in 1975. 2016-2016 1/2 Davis St is a home located in Johnson County with nearby schools including Southeast Junior High School, City High School, and Willowwind 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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