NOT LISTED FOR SALE

2442 Walden Rd Unit 2442 Iowa City, IA 52246

Estimated Value: $225,000 - $276,000

6 Beds
4 Baths
1,754 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $310,000 $177 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,638/month

103 Days on Market

Highlights

  • 2 Fireplaces
  • Living Room
  • Central Air
  • Norman Borlaug Elementary School Rated A-
  • Property is near schools
  • Dining Room

About This Home

As of September 2019

Great opportunity to own a duplex in a great location in Iowa City. Live in one side and rent out the other, or rent out both! Units have 2 stall garages, fireplaces, and decks off the living room overlooking a spacious yard. Lower level bedroom is large enough to use as a separate living space or bedroom. Walks out to the backyard. One side is currently rented for $1380 a month through July 28th, 2020. Other side is currently owner occupied. LL sg ft is approximate, verify schools with ICCSD.

Last Agent to Sell the Property

Bryant Nicholson

Affinity Real Estate Services Listed on: 05/23/2019

Affinity Real Estate Services

Last Buyer's Agent

Sean McIntyre

Urban Acres Real Estate

Urban Acres Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 1995

Lot Details

  • 5,271

Interior Spaces

  • 1,754 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Finished Basement

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

Location

  • Property is near schools

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1017334009 & 1017334010

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,300
  • Maintenance Expense $1,200
  • Gross Income $33,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,438

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Great opportunity to own a duplex in a great location in Iowa City. Live in one side and rent out the other, or rent out both! Units have 2 stall garages, fireplaces, and decks off the living room overlooking a spacious yard. Lower level bedroom is large enough to use as a separate living space or bedroom. Walks out to the backyard. One side is currently rented for $1380 a month through July 28th, 2020. Other side is currently owner occupied. LL sg ft is approximate, verify schools with ICCSD.
  • Year Built: 1995
  • Tax Year Report: 2017
  • Rental Permit: Yes
  • Directions: South on Mormon Trek turn west on Walden Road. Duplex is on your right.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Close to School
  • Basement Remarks: Finished, Full, Walkout
  • 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: 1754
  • Number of Fireplaces: 2
  • Lower Level Sq Ft: 696

Utilities

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

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: 5249
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3122
  • Assessor Parcel Number: 1017334009 & 1017334010

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Sep 3, 2019
Sold by
Leibfried Dale J and Leibfried Mary
Bought by
Sweethomes Llc
Seller's Agent
Bryant Nicholson
Affinity Real Estate Services
Buyer's Agent
Sean McIntyre
Urban Acres Real Estate
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$247,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,192
Avg. Annual Appreciation
-1.97%

Purchase Details

Closed on
Jul 31, 2009
Sold by
Lepic Thomas D and Lepic Polly A
Bought by
Leibfried Dale L and Leibfried Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
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
Sweethomes Llc $310,000 None Available
Leibfried Dale L $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leibfried Dale L $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $310,000 -4.6% $177 / Sq Ft
05/23/2019 05/23/19 For Sale $325,000 -- $185 / 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 $3,438 $182,740 $39,370 $143,370
2023 $3,470 $182,740 $39,370 $143,370
2022 $3,314 $160,050 $34,120 $125,930
2021 $3,454 $160,050 $34,120 $125,930
2020 $3,454 $159,740 $34,120 $125,620
2019 $3,154 $159,740 $34,120 $125,620
2018 $3,154 $143,570 $30,180 $113,390
2017 $3,084 $143,570 $30,180 $113,390
2016 $3,024 $140,290 $30,180 $110,110
2015 $3,024 $140,290 $30,180 $110,110
2014 $2,972 $137,360 $30,180 $107,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20193360

Iowa City Area Association of REALTORS®

APN: 1017334009