NOT LISTED FOR SALE

Estimated Value: $390,566 - $506,000

3 Beds
2 Baths
1,692 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $295,000 $174 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,924/month

65 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Breakfast Area or Nook
  • West High School Rated A
  • Solarium
  • 4-minute walk to Brookland Park

About This Home

As of August 2014

223 Melrose Court Iowa City IA – 3 Bedroom 2 Bathroom 1 Car Garage House For Rent! West Campus!

Call Us Now or Email Us Now To Schedule A Private Showing! Sorry No Pets! No Smoking!

Really Nice 3 Bedroom, 2 Bathroom, 1 Car Garage House For Rent! Located Right Up The Street From University of Iowa Hospitals & Clinics & Up The Street From Kinnick Stadium! FREE Parking! On Both Cambus & City Bus Routes, Hardwood Floors, Lots Of Built-In Shelving, Deck, Large Basement For Storage. Easy Walk to Pharmacy, Dental, Hospital, Law & Kinnick Stadium! Tenants Pay Gas, Electric & Water.

Owner is an Iowa Broker

Last Agent to Sell the Property

Michael Paul

Edge Realty Group Listed on: 05/28/2014

Edge Realty Group

Last Buyer's Agent

Tracy Barkalow

Barkalow & Associates, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,942

Year Built

  • Built in 1926

Lot Details

  • 5,358

Parking

  • 1 Parking Space

Interior Spaces

  • 1,692 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Solarium
  • Laundry in Basement
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Outdoor Features

  • Deck

Schools

  • Horn Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0011016128004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,942

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1692
  • Homebuilder: Unknown
  • Number of Lower Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: Carole & Mark Ramsey
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Year Built: 1926
  • Tax Year Report: 2012
  • Subdivision: Unknown
  • Directions: Melrose Ave. to Melrose Ct.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks
  • Fireplace Type Location: In Living Room
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Excellent location a block from UI Hospitals & Clinics and just a little further to law, dental and main UI campus. This lovingly cared for 3 bedroom two story home features a sunroom/den, wood floors, built-ins and newer roof, AC and furnace.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 1692
  • Total Full Baths: 1
  • Total Three Quarter Bathrooms: 1
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper

Exterior Features

  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

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

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Horn
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Horn

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 5,350 sq. ft.
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 4491
  • Assessor Parcel Number: 0011016128004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Aug 21, 2014
Sold by
Ramsey Mark R and Ramsey Carole L
Bought by
Barkalow Investments Inc
Seller's Agent
Michael Paul
Edge Realty Group
Buyer's Agent
Tracy Barkalow
Barkalow & Associates, Realtors
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Current Estimated Value
$430,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,392
Avg. Annual Appreciation
3.37%
Original Mortgage
$236,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Barkalow Investments Inc $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkalow Investments Inc $160,000
Closed Barkalow Investments Inc $236,000
Previous Owner Ramsey Mark R $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Rent $2,400 0.0% --
08/22/2014 08/22/14 Sold $295,000 -1.3% $174 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $299,000 -- $177 / 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 $6,942 $368,840 $85,140 $283,700
2023 $6,618 $368,980 $85,140 $283,840
2022 $6,324 $305,330 $81,180 $224,150
2021 $6,356 $305,330 $81,180 $224,150
2020 $6,356 $293,940 $79,200 $214,740
2019 $5,966 $293,940 $79,200 $214,740
2018 $5,966 $271,560 $75,240 $196,320
2017 $5,632 $271,560 $75,240 $196,320
2016 $5,522 $256,190 $71,280 $184,910
2015 $5,522 $256,190 $71,280 $184,910
2014 $4,710 $226,420 $67,320 $159,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20143031

Iowa City Area Association of REALTORS®

APN: 1016128004