NOT LISTED FOR SALE

228 S Summit St Unit C5 Iowa City, IA 52240

Longfellow Neighborhood

Estimated Value: $146,000 - $192,059

2 Beds
1 Bath
1,009 Sq Ft
$375/mo HOA Fee

Last Sold October 22, 2019

Last sale price $137,000 $136 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,587/month

98 Days on Market

Highlights

  • Formal Dining Room
  • Breakfast Bar
  • Living Room
  • City High School Rated A-
  • Patio
  • Hot Water Heating System

About This Home

As of October 2019

NEW YORK-style living in the heart of Iowa City! Built in 1916, the Summit Street Cooperative Building is full of history and charm. This unit has been meticulously maintained to preserve the historical charm while blending modern updates such as the fully updated kitchen w/ granite counters & pantry, remodeled bath w/ tile shower, and walk-in master closet w/ laundry. This is a true legal co-op, not a condo! Monthly dues include water, heat, garbage/recycling, internet, exterior maintenance & insurance.

Last Agent to Sell the Property

Brenna Maher

SKOGMAN REALTY Listed on: 06/13/2019

Last Buyer's Agent

Bill Grabe Sr.

Realty87

Realty87

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,901

Year Built

  • 1916

Lot Details

  • 653

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Stucco

Interior Spaces

  • 1,009 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Cable TV Available

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,901

Year Built

1916

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Style: Over 2 Stories
  • Acres: 0.0150
  • Above Grade Finished Sq Ft: 1009
  • Association Fee Frequency: Month
  • Association Management: 1st Right Of Refusal, By Association, Start Up Fee
  • Total Bathrooms: 1.00
  • Bedrooms Level 3: 2
  • Total Bedrooms: 2
  • City Name: Iowa City
  • Condo Unit Level: Condo On 3rd Floor +
  • Dining Features: Breakfast Bar, Formal Dining
  • Gross Tax: 2901
  • List User Cell Phone: 319-800-1404
  • Miscellaneous: Cable Ready, Patio
  • Net Tax: 2901
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.99275
  • Ratio Close Price By Original Li: 0.98208
  • Ratio Current Price By Sq Ft: 135.78
  • Total Sq Ft: 1009
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1916

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Laundry, Living Room
  • Full Bathrooms: 1
  • Level 3 Full Bathrooms: 1
  • Master Bedroom Level: Level 3
  • Room Count: 4

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Garage/Parking: Off Street Parking

Utilities

  • Heating Cooling: Hot Water Heat, Window/Wall Air

Condo/Co-op/Association

  • Association Amenities: Common Laundry, Laundry In Unit, Secure Storage Area
  • Association Fee: 375
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Assoc Approval Required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Yoerger Patrick J and Yoerger Donna J
Bought by
Yoerger Patrick J
Current Estimated Value
$177,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Outstanding Balance
$96,607
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$72,145

Purchase Details

Listed on
Jun 13, 2019
Closed on
Oct 2, 2019
Sold by
Andrew Michael and Forgy Carl
Bought by
Yoerger Patrick J and Yoerger Donna J
Seller's Agent
Brenna Maher
SKOGMAN REALTY
Buyer's Agent
Bill Grabe Sr.
Realty87
List Price
$139,500
Sold Price
$137,000
Premium/Discount to List
-$2,500
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$36,350
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2011
Sold by
Prottsman Loren M and Prottsman Holly E
Bought by
Andrew Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Vangilder Kerstin M and Vangilder John C
Bought by
Richter Holly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,125
Interest Rate
5.75%
Mortgage Type
Assumption
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
Yoerger Patrick J -- Vollertsen Britt & Gorsline Pc
Yoerger Patrick J $137,000 None Available
Andrew Michael $125,000 None Available
Richter Holly E $82,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoerger Patrick J $103,000
Previous Owner Andrew Michael $36,350
Previous Owner Yoerger Patrick J $109,600
Previous Owner Andrew Michael $112,500
Previous Owner Andrew Michael $12,500
Previous Owner Prottsman Loren M $85,000
Previous Owner Prottsman Loren M $40,000
Previous Owner Prottsman Loren M $30,000
Previous Owner Richter Holly E $6,000
Previous Owner Richter Holly E $70,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $137,000 -0.7% $136 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $138,000 -1.1% $137 / Sq Ft
06/13/2019 06/13/19 For Sale $139,500 -- $138 / 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 $2,982 $158,500 $12,640 $145,860
2023 $2,896 $158,500 $12,640 $145,860
2022 $2,766 $133,580 $12,640 $120,940
2021 $2,820 $133,580 $12,640 $120,940
2020 $2,820 $130,430 $11,380 $119,050
2019 $2,566 $130,430 $11,380 $119,050
2018 $2,566 $116,780 $9,480 $107,300
2017 $2,538 $116,780 $9,480 $107,300
2016 $2,518 $116,830 $9,480 $107,350
2015 $2,518 $116,830 $9,480 $107,350
2014 $2,356 $108,940 $7,580 $101,360
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brenna Maher

    SKOGMAN REALTY

  • B

    Buyer's Agent in 2019

    Bill Grabe Sr.

    Realty87

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904409

Cedar Rapids Area Association of REALTORS®

APN: 1011388010

Iowa Johnson County Iowa City 52240 Longfellow

228 S Summit St Unit C5, Iowa City, IA

This home is located at 228 S Summit St Unit C5, Iowa City, IA 52240 since 13 June 2019 and is currently estimated at $177,015, approximately $175 per square foot. This property was built in 1916. 228 S Summit St Unit C5 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.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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