NOT LISTED FOR SALE

2426 & 2428 Walden Rd Iowa City, IA 52246

Estimated Value: $206,559 - $249,000

8 Beds
4 Baths
917 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $290,000 $316 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,469/month

27 Days on Market

Highlights

  • 1 Fireplace
  • Living Room
  • Forced Air Heating and Cooling System
  • Norman Borlaug Elementary School Rated A-
  • Property is near shops
  • Dining Room

About This Home

As of May 2013

Unique investment opportunity. 4 BR 1.75 BA. Zoned as condo without association fees or active association. Both units sold together. Great rental history for last 6 years. Perfect location to UIHC & close to city bus line. Deck & Patio. Back to city park. Gas fireplace in LR. Master has priv vanity & access to hall BA. 2426 currently rented through July 2013 for $1300 then rented thru July 2014 for $1400. 2428 rented to July 2013 for $1300. 24 hours to show. Convenient to shopping & restaurants.

Last Agent to Sell the Property

Jill Armstrong

Skogman Realty Co. Listed on: 02/22/2013

Skogman Realty Co.

Last Buyer's Agent

Jill Armstrong

Skogman Realty Co. Listed on: 02/22/2013

Skogman Realty Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 1995

Lot Details

  • 5,184

Home Design

  • Slab Foundation

Interior Spaces

  • 917 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Location

  • Property is near shops

Schools

  • Weber Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Community Details

  • 2 Units
  • Walden Rd. Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1017334008 & 1017334007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,608

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Provided
  • Remarks: Unique investment opportunity. 4 BR 1.75 BA. Zoned as condo without association fees or active association. Both units sold together. Great rental history for last 6 years. Perfect location to UIHC & close to city bus line. Deck & Patio. Back to city park. Gas fireplace in LR. Master has priv vanity & access to hall BA. 2426 currently rented through July 2013 for $1300 then rented thru July 2014 for $1400. 2428 rented to July 2013 for $1300. 24 hours to show. Convenient to shopping & restaurants.
  • T Val: 290000
  • Year Built: 1995
  • Tax Year Report: 2011
  • Subdivision: Walden Rd. Condo
  • Rental Permit: Yes
  • Directions: Mormon Trek to walden rd.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping
  • Basement Remarks: Slab
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Sq Ft Above: 917
  • Number of Fireplaces: 1
  • Lower Level Sq Ft: 375

Utilities

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

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: Condo
  • Zoning: Condo

Tax Info

  • Gross Tax County City: 5260
  • Assessor Parcel Number: 1017334008 & 1017334007

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2025
Sold by
Koh Investments Llc
Bought by
Dewitt Kaden and Fenton Lael J
Current Estimated Value
$222,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Outstanding Balance
$30,353
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$192,287

Purchase Details

Listed on
Feb 22, 2013
Closed on
May 31, 2013
Sold by
Stacey Randy D
Bought by
Ahrens Andrew and Brantman Adam
Seller's Agent
Jill Armstrong
Skogman Realty Co.
Buyer's Agent
Jill Armstrong
Skogman Realty Co.
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.11%
Original Mortgage
$116,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Lepic Thomas D and Lepic Polly A
Bought by
Stacey Randy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.64%
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
Dewitt Kaden $215,000 None Listed On Document
Dewitt Kaden $215,000 None Listed On Document
Ahrens Andrew $145,000 None Available
Stacey Randy D $143,625 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewitt Kaden $43,000
Closed Dewitt Kaden $43,000
Open Dewitt Kaden $172,000
Closed Dewitt Kaden $172,000
Previous Owner Ahrens Andrew $116,000
Previous Owner Stacey Randy D $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $290,000 -3.3% $316 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $300,000 -- $327 / 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
2025 $3,608 $207,490 $41,600 $165,890
2024 $3,564 $189,450 $39,000 $150,450
2023 $3,592 $189,450 $39,000 $150,450
2022 $3,432 $165,720 $33,800 $131,920
2021 $3,576 $165,720 $33,800 $131,920
2020 $3,576 $165,390 $33,800 $131,590
2019 $3,433 $165,390 $33,800 $131,590
2018 $3,266 $148,680 $29,900 $118,780
2017 $3,232 $148,680 $29,900 $118,780
2016 $3,130 $145,240 $29,900 $115,340
2015 $3,130 $145,240 $29,900 $115,340
2014 $3,076 $142,210 $29,900 $112,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20131145

Iowa City Area Association of REALTORS®

APN: 1017334008