NOT LISTED FOR SALE

2502 Mossy Glen Ct Unit 2502, 2506, 2510, 25 Iowa City, IA 52246

Estimated Value: $214,000 - $546,429

14 Beds
8 Baths
930 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $320,000 $344 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,771/month

43 Days on Market

Highlights

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

About This Home

As of May 2014

2502 and 2514 are 1008 sq. ft. and leased through July 2014 for $1075. 2506 and 2510 are 930 sq. ft. and vacant, previously leased for $975. Great location, close to school, shopping, bus line. Walkout lower levels, deck off LR, all appliances including washer-dryer in all units. Tax ID #s: 1017326013, 1017326014, 1017326015, 1017326016.

Last Agent to Sell the Property

Bob Sangster

Urban Acres Real Estate Listed on: 02/26/2014

Last Buyer's Agent

David Mattingly

Edge Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1983

Lot Details

  • 4,748

HOA Fees

  • $680 Monthly HOA Fees

Interior Spaces

  • 930 Sq Ft Home
  • Living Room
  • Oven or Range

Basement

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

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

Listing and Financial Details

  • Assessor Parcel Number 1017326013

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, grounds maintenance, mgmt fee
  • 4 Units
  • Walden Ridge Part 1 Subdivision

Building Details

  • Insurance Expense $1,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1983

Lot Details

0

HOA Fees

$680 per month

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: 2502 and 2514 are 1008 sq. ft. and leased through July 2014 for $1075. 2506 and 2510 are 930 sq. ft. and vacant, previously leased for $975. Great location, close to school, shopping, bus line. Walkout lower levels, deck off LR, all appliances including washer-dryer in all units. Tax ID #s: 1017326013, 1017326014, 1017326015, 1017326016.
  • T Val: 334280
  • Year Built: 1983
  • Tax Year Report: 2013
  • Subdivision: Walden Ridge Part 1
  • Rental Permit: Yes
  • Directions: Mormon Trek to Walden Place. Units on right.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping
  • Basement Remarks: Full, Walkout
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 930
  • Lower Level Sq Ft: 350

Utilities

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

Condo/Co-op/Association

  • Association Fee: 8160
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Grounds Maintenance, Mgmt Fee

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: OPD/RS12

Tax Info

  • Gross Tax County City: 6822
  • Assessor Parcel Number: 1017326013

Multi Family

  • Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2019
Sold by
Efficiency Resource Partners Llc
Bought by
Rosehill Investments Llc
Current Estimated Value
$349,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Outstanding Balance
$282,489
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$97,520

Purchase Details

Listed on
Feb 26, 2014
Closed on
Apr 17, 2014
Sold by
Peter Landweber Properties Llc
Bought by
Efficiency Resource Partners Llc
Seller's Agent
Bob Sangster
Urban Acres Real Estate
Buyer's Agent
David Mattingly
Edge Realty Group
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$256,000
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End 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
Rosehill Investments Llc $389,875 None Available
Efficiency Resource Partners Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosehill Investments Llc $26,000
Open Rosehill Investments Llc $331,500
Previous Owner Efficiency Resource Partners Llc $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2014 05/01/14 Sold $320,000 -8.6% $344 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $350,000 -- $376 / 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 $2,218 $117,900 $16,520 $101,380
2023 $2,054 $117,900 $16,520 $101,380
2022 $1,962 $94,750 $15,400 $79,350
2021 $2,034 $94,750 $15,400 $79,350
2020 $2,034 $94,030 $15,400 $78,630
2019 $1,884 $94,030 $15,400 $78,630
2018 $1,884 $85,730 $14,280 $71,450
2017 $1,858 $85,730 $14,280 $71,450
2016 $1,822 $84,540 $14,280 $70,260
2015 $1,822 $84,540 $14,280 $70,260
2014 $1,846 $85,360 $14,280 $71,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20141182

Iowa City Area Association of REALTORS®

APN: 1017326013