NOT LISTED FOR SALE

228 S Summit St Unit D2 Iowa City, IA 52240

Longfellow Neighborhood

Estimated Value: $157,000 - $173,419

2 Beds
1 Bath
1,009 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $160,000 $159 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,506/month

41 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • The community has rules related to allowing live work
  • Balcony
  • City High School Rated A-
  • Breakfast Area or Nook
  • Laundry Room

About This Home

As of July 2024

Convenient, Charming, Serene, Light filled, Affordable, Warm, Friendly and Heart Healthy all describe this sweet 2 bedroom 1 bathroom 4th floor unit. This top floor unit is very quiet with treetop and city views, located in East side historic Praire style building close to College Green Park, downtown and campus. Features inc: open layout, wood/tile floors, high ceilings, large windows, ceiling fans/lights in both bedrooms, NuWood blinds. Separate laundry room with stackable washer/dryer and bonus freezer is very handy. Peaceful primary bedroom opens to serene shared balcony for enjoying morning coffee. 2nd bedroom functions as both light-filled home office and exercise room with built in book shelves, art ledge, window seat/plant shelf and custom blinds. Spacious kitchen features new sink/faucet, new electric range/oven, east facing window and breakfast bar. 5 by 7 storage in basement, 2 window AC units. Coop coined laundry in basement for backup. Coop fees inc: heat, water, trash, recycling, sewer, exterior and common area maintenance, building property and casualty insurance and exterior maintenance , internet and cable. No gas bill. Electric utilities run about $ 50/month. Groceries, restuarants, movies, dowtown and campus are all a walk, bike ride or bus line away.

Last Agent to Sell the Property

Gloria Escarza

Edge Realty Group Listed on: 06/20/2024

Edge Realty Group

Last Buyer's Agent

Gloria Escarza

Edge Realty Group Listed on: 06/20/2024

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1916

Lot Details

  • 653

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,009 Sq Ft Home
  • 4-Story Property
  • Bookcases
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near schools
  • Property is near shops
  • 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

Additional Features

  • Grid-tied solar system exports excess electricity
  • Balcony

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, reserve fund, sewer, water
  • Summit St. Coop Subdivision
  • The community has rules related to allowing live work

Listing and Financial Details

  • Assessor Parcel Number 1011388017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

Built in 1916

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1009
  • Homebuilder: uk
  • Owner Name L F Mi: Aaron Girard, Susannah Shive
  • Ownership Type: Condo Attached
  • Photo Code: Broker Provided
  • Remarks: Best possession July 29th week or negotiable. Allow 24 hours for response. Summit St Coop Bylaws attached. Buyer approval by the association (meeting-no form). No dogs. No rentals or Airbnb. Coop manages 6 parking slots thata are available on first come first serve basis for a monthly fee- waiting list.
  • Year Built: 1916
  • Tax Year Report: 2022
  • Subdivision: Summit St. Coop
  • Directions: Burlington St. North on Summit. Stucco building on east sid. Street parking only.
  • Aging In Place Form: No
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School, Live/Work, On Bus Line
  • Basement Remarks: Full, Walkout, See Renmarks, 2660
  • Fireplace Type Location: None
  • Interior R: Bookcases, Cable Available, Ceiling-9+ ft, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Area, Pantry
  • Lot Description R: None/Condo
  • Possession R: Negotiable, Other, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: Convenient, Charming, Serene, Light filled, Affordable, Warm, Friendly and Heart Healthy all describe this sweet 2 bedroom 1 bathroom 4th floor unit. This top floor unit is very quiet with treetop and city views, located in East side historic Praire style building close to College Green Park, downtown and campus. Features inc: open layout, wood/tile floors, high ceilings, large windows, ceiling fans/lights in both bedrooms, NuWood blinds. Separate laundry room with stackable washer/dryer and bonus freezer is very handy. Peaceful primary bedroom opens to serene shared balcony for enjoying morning coffee. 2nd bedroom functions as both light-filled home office and exercise room with built in book shelves, art ledge, window seat/plant shelf and custom blinds. Spacious kitchen features new sink/faucet, new electric range/oven, east facing window and breakfast bar. 5 by 7 storage in basement, 2 window AC units. Coop coined laundry in basement for backup. Coop fees inc: heat, water, trash, recycling, sewer, exterior and common area maintenance, building property and casualty insurance and exterior maintenance , internet and cable. No gas bill. Electric utilities run about $ 50/month. Groceries, restuarants, movies, dowtown and campus are all a walk, bike ride or bus line away.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1009
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 11
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame, See Remarks
  • ExteriorFeatures: Balcony, Other

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: 4800
  • Condo Level: 4
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Reserve Fund, Sewer, Water, Other

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
  • Zoning: residential

Green Features

  • Energy Generation: Grid-tied

Tax Info

  • Gross Tax County City: 2440
  • Assessor Parcel Number: 1011388017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 22, 2024
Sold by
Girard Aaron and Shive Susannah
Bought by
Greimann Chad and Greimann Evelyn Mae
Seller's Agent
Gloria Escarza
Edge Realty Group
Buyer's Agent
Gloria Escarza
Edge Realty Group
List Price
$160,000
Sold Price
$160,000
Views
20
Current Estimated Value
$163,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,355
Avg. Annual Appreciation
4.86%
Original Mortgage
$128,000
Outstanding Balance
$127,101
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$41,002

Purchase Details

Listed on
Jan 18, 2017
Closed on
Apr 6, 2017
Sold by
Dooley Brendon D
Bought by
Girad Aaron and Shive Susannah
Seller's Agent
CLAY CLAUSSEN
RE/MAX CONCEPTS
Buyer's Agent
Phoebe Martin
SKOGMAN REALTY
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$103,500
Interest Rate
4.21%
Mortgage Type
New Conventional
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
Greimann Chad $160,000 None Listed On Document
Girad Aaron $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greimann Chad $128,000
Previous Owner Girad Aaron $103,500
Previous Owner Dooley Brendan D $87,550
Previous Owner Dooley Brendan D $5,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $160,000 0.0% $159 / Sq Ft
06/20/2024 06/20/24 For Sale $160,000 +39.1% $159 / Sq Ft
04/07/2017 04/07/17 Sold $115,000 0.0% $114 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $115,000 +11.7% $114 / Sq Ft
07/01/2015 07/01/15 Sold $103,000 -10.4% $102 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $115,000 -- $114 / 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 $2,544 $135,200 $12,640 $122,560
2023 $2,440 $135,200 $12,640 $122,560
2022 $2,330 $112,550 $12,640 $99,910
2021 $2,372 $112,550 $12,640 $99,910
2020 $2,372 $109,720 $11,380 $98,340
2019 $2,188 $109,720 $11,380 $98,340
2018 $2,188 $99,610 $9,480 $90,130
2017 $2,048 $99,610 $9,480 $90,130
2016 $2,004 $101,670 $9,480 $92,190
2015 $2,004 $101,670 $9,480 $92,190
2014 $1,862 $94,750 $7,580 $87,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202403583

Iowa City Area Association of REALTORS®

APN: 1011388017