NOT LISTED FOR SALE

228 S Summit St Unit C1 Iowa City, IA 52240

Longfellow Neighborhood

Estimated Value: $166,000 - $201,000

1 Bed
1 Bath
982 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $125,000 $127 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,563/month

62 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Formal Dining Room
  • City High School Rated A-
  • Breakfast Area or Nook
  • Entrance Foyer

About This Home

As of July 2018

Wonderfully updated 1 bedroom condominium in the Summit Apartments Co-op, just minutes from downtown Iowa City. This has all the character and charm you are looking for in a home including hardwood floors, classic woodwork, built ins. Also for your enjoyment is this updated kitchen with gas stove, breakfast bar, pantry and much more. Natural light flows throughout from plenty of windows. 9' ceilings. Co-op fee covers heat, water, trash, internet, grounds and more.

Last Agent to Sell the Property

Kevin Hanick

Urban Acres Real Estate Listed on: 05/02/2018

Urban Acres Real Estate

Co-Listed By

Sean McIntyre

Urban Acres Real Estate

Last Buyer's Agent

Kevin Hanick

Urban Acres Real Estate Listed on: 05/02/2018

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1916

Lot Details

  • 653

HOA Fees

  • $375 Monthly HOA Fees

Interior Spaces

  • 982 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Location

  • Property is near a bus stop

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Heating System Uses Steam
  • Heating System Mounted To A Wall or Window
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, reserve fund, sewer, water
  • Summit St Co Op Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1011388008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,446

Year Built

Built in 1916

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 982
  • Homebuilder: Unknown
  • Owner Name L F Mi: Murray & McCarthy
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: Immediate possession possible. Bedroom in process of being painted. No Rentals PETS: Up to 2 cats, No dogs. Six reserved parking spaces $35 month assigned by seniority. Coin-op laundry in basement.
  • T Val: 125000
  • Year Built: 1916
  • Tax Year Report: 2016
  • Subdivision: Summit St Co-Op
  • Directions: Summit Street just north of Burlington Street
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Street Lights, On Bus Line
  • Fireplace Type Location: None
  • Interior R: Cable Available, Ceiling-9+ ft, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Area, Pantry
  • Lot Description R: None/Condo
  • Possession R: 30-60 Days, Immediate, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Wonderfully updated 1 bedroom condominium in the Summit Apartments Co-op, just minutes from downtown Iowa City. This has all the character and charm you are looking for in a home including hardwood floors, classic woodwork, built ins. Also for your enjoyment is this updated kitchen with gas stove, breakfast bar, pantry and much more. Natural light flows throughout from plenty of windows. 9' ceilings. Co-op fee covers heat, water, trash, internet, grounds and more.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Main: 1
  • Sq Ft Above: 982
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Main, Other
  • Mstr Br Level: Main
  • Mstr Br Width: 10
  • Number of Main Level Full Bathrooms: 1

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Window/Wall Units, Steam/Hotwater

Condo/Co-op/Association

  • Association Fee: 4500
  • Condo Level: 3
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Reserve Fund, Sewer, Water

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: Cooperative
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 2459
  • Assessor Parcel Number: 1011388008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 15, 2018
Sold by
Murray Jeffrey C and Mccarthy Ann Marie
Bought by
Larson Mary J
Seller's Agent
Kevin Hanick
Urban Acres Real Estate
Buyer's Agent
Kevin Hanick
Urban Acres Real Estate
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$181,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,899
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Mccafferty Howard M
Bought by
Murray Jeffrey C and Mccarthy Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007
Sold by
Dennis Sandra S and Dennis Ernest E
Bought by
Mccafferty Howard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Larson Mary J $125,000 None Available
Murray Jeffrey C $125,000 None Available
Mccafferty Howard M $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Jeffrey C $100,000
Previous Owner Mccafferty Howard M $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $125,000 -3.8% $127 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $129,900 -- $132 / 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 $2,446 $147,540 $12,640 $134,900
2023 $2,512 $147,540 $12,640 $134,900
2022 $2,398 $124,750 $12,640 $112,110
2021 $2,446 $124,750 $12,640 $112,110
2020 $2,446 $121,740 $11,380 $110,360
2019 $2,434 $121,740 $11,380 $110,360
2018 $2,434 $110,800 $9,480 $101,320
2017 $2,460 $110,800 $9,480 $101,320
2016 $2,412 $111,870 $9,480 $102,390
2015 $2,412 $111,870 $9,480 $102,390
2014 $2,272 $105,040 $7,580 $97,460
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kevin Hanick

    Urban Acres Real Estate

    Section Image
  • Sean McIntyre

    Seller Co-Listing Agent in 2018

    Sean McIntyre

    Urban Acres Real Estate

    (319) 430-8260

    8 in this area

    174 Total Sales

    Sean McIntyre
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20182857

Iowa City Area Association of REALTORS®

APN: 1011388008

Iowa Johnson County Iowa City 52240 Longfellow

228 S Summit St Unit C1, Iowa City, IA

This home is located at 228 S Summit St Unit C1, Iowa City, IA 52240 since 02 May 2018 and is currently estimated at $181,899, approximately $185 per square foot. This property was built in 1916. 228 S Summit St Unit C1 is a home located in Johnson County with nearby schools including Longfellow Elementary School, Southeast Junior High School, and City High 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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