NOT LISTED FOR SALE

2534 Rushmore Dr Unit 2534 thru 2556, 2466 Iowa City, IA 52246

Estimated Value: $131,000 - $135,000

8 Beds
4 Baths
873 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $1,397,000 $1,600 Per Sq Ft

Current estimated payment $1,038/month

72 Days on Market

Highlights

  • 1 Fireplace
  • Brick or Stone Mason
  • Property is near schools
  • Norman Borlaug Elementary School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

14 unit condo style apartment investment. 2 bed/2 bath/ 1 garage each with washer/dryer, refrigerator, dishwasher, stove/oven. Sale includes Units 2534 thru 2566 plus 2466 and 2506.

Last Agent to Sell the Property

Jim Cannon

Ruhl&Ruhl, Realtors Listed on: 10/17/2016

Ruhl&Ruhl, Realtors

Last Buyer's Agent

Todd Case

Westwinds Real Estate Services, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1997

Lot Details

  • 5,532

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 873 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Living Room

Kitchen

  • Oven or Range
  • Dishwasher

Location

  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

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

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, pest control/termite, sewer, street maintenance
  • 14 Units
  • Mormon Trek Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number various

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,402

Year Built

Built in 1997

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: 14 unit condo style apartment investment. 2 bed/2 bath/ 1 garage each with washer/dryer, refrigerator, dishwasher, stove/oven. Sale includes Units 2534 thru 2566 plus 2466 and 2506.
  • T Val: 1397000
  • Year Built: 1997
  • Subdivision: Mormon Trek Condos
  • Rental Permit: Yes
  • Directions: Mormon Trek To Rushmore
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School, Close to Shopping, On Bus Line
  • Possession R: Immediate, Negotiable
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Sq Ft Above: 873
  • Number of Fireplaces: 1

Exterior Features

  • Construction: Brick

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1620 each
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Garbage Pickup, Grounds Maintenance, Pest Control/Termite, Sewer, Street Maintenance

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: condo
  • Zoning: multi-family

Tax Info

  • Assessor Parcel Number: various

Multi Family

  • Units Total: 14

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2017 01/05/17 Sold $1,397,000 -2.0% $1,600 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $1,425,000 -- $1,632 / 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 $2,402 $136,650 $27,580 $109,070
2024 $2,372 $126,090 $24,820 $101,270
2023 $2,542 $126,090 $24,820 $101,270
2022 $2,430 $117,320 $22,060 $95,260
2021 $2,522 $117,320 $22,060 $95,260
2020 $2,522 $116,680 $22,060 $94,620
2019 $2,222 $116,680 $22,060 $94,620
2018 $2,222 $101,170 $16,550 $84,620
2017 $2,200 $101,170 $16,550 $84,620
2016 $2,166 $100,480 $16,550 $83,930
2015 $2,166 $100,480 $16,550 $83,930
2014 $2,092 $96,670 $16,550 $80,120
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jim Cannon

    Ruhl&Ruhl, Realtors

    Section Image

  • T

    Buyer's Agent in 2017

    Todd Case

    Westwinds Real Estate Services, Inc.

    (319) 936-5900

    53 Total Sales

    Todd Case
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20165730

Iowa City Area Association of REALTORS®

APN: 1017354016

Iowa Johnson County Iowa City 52246

2534 Rushmore Dr Unit 2534 thru 2556, 2466, Iowa City, IA

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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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