NOT LISTED FOR SALE

Estimated Value: $141,000 - $187,000

3 Beds
1 Bath
1,164 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $141,000 $121 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,125/month

53 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Combination Kitchen and Dining Room
  • City High School Rated A-
  • Living Room
  • 3-minute walk to Fairmeadows Park

About This Home

As of August 2023

Welcome to this fantastic investment opportunity—a charming one-story home with three bedrooms and one bathroom. This property is perfect for investors seeking a low-maintenance yet highly desirable investment property. As you step inside, you'll immediately appreciate the convenience and functionality of this well-designed home. The single-story layout ensures ease of access and comfortable living, making it attractive to a wide range of potential tenants or future homeowners. Newer LVP in bathroom and laundry in the basement. Come take a look today!

Last Agent to Sell the Property

Jill Armstrong

SKOGMAN REALTY Listed on: 05/19/2023

SKOGMAN REALTY

Last Buyer's Agent

Jill Armstrong

SKOGMAN REALTY Listed on: 05/19/2023

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,518

Year Built

  • 1961

Lot Details

  • Lot Dimensions are 120x63

Parking

  • On-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,518

Year Built

1961

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 864
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Iowa City
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2518
  • List User Cell Phone: 319-631-5455
  • Low Lvl Fin Sq Ft: 300
  • Miscellaneous: Cable Ready
  • Net Tax: 2518
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94000
  • Ratio Close Price By Original Li: 0.88125
  • Ratio Current Price By Sq Ft: 163.19
  • Total Sq Ft: 1164
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: On Street Parking

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

  • Elementary School: Grant Wood
  • Middle School: Southeast
  • High School: Iowa City

Lot Info

  • Lot Size: 120x63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 11, 2023
Sold by
Coffin Drew J and Coffin Brandlyn
Bought by
Marzocchi Christopher R
Seller's Agent
Jill Armstrong
SKOGMAN REALTY
Buyer's Agent
Jill Armstrong
SKOGMAN REALTY
List Price
$160,000
Sold Price
$141,000
Premium/Discount to List
-$19,000
-11.88%
Views
222
Current Estimated Value
$168,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,846
Avg. Annual Appreciation
6.39%
Original Mortgage
$105,750
Outstanding Balance
$103,850
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$56,252

Purchase Details

Closed on
Aug 31, 2018
Sold by
Eastern Iowa Properties Ltd
Bought by
Coffin Drew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marzocchi Christopher R $141,000 None Listed On Document
Coffin Drew J $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marzocchi Christopher R $105,750
Previous Owner Coffin Drew J $230,000
Previous Owner Eastern Iowa Properties Ltd $1,854,161
Previous Owner Eastern Iowa Properties Ltd $2,488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $141,000 -6.0% $121 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/16/2023 06/16/23 Price Changed $150,000 -6.3% $129 / Sq Ft
05/19/2023 05/19/23 For Sale $160,000 -- $137 / 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 $2,548 $135,490 $43,470 $92,020
2023 $2,636 $135,490 $43,470 $92,020
2022 $2,518 $121,580 $40,570 $81,010
2021 $2,494 $121,580 $40,570 $81,010
2020 $2,494 $115,340 $37,670 $77,670
2019 $2,254 $115,340 $37,670 $77,670
2018 $2,254 $102,610 $31,880 $70,730
2017 $2,188 $104,490 $31,880 $72,610
2016 $2,146 $99,570 $26,080 $73,490
2015 $2,146 $99,570 $26,080 $73,490
2014 $2,084 $96,360 $26,080 $70,280
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2303138

Cedar Rapids Area Association of REALTORS®

APN: 1024253004