NOT LISTED FOR SALE

2603 Wayne Ave Iowa City, IA 52240

Eastside Neighborhood

Estimated Value: $191,000 - $220,353

3 Beds
1 Bath
1,144 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $142,000 $124 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,381/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Cooling System Mounted In Outer Wall Opening
  • City High School Rated A-
  • Wood Flooring
  • 2-minute walk to Mercer Park

About This Home

As of October 2020

3 Bedrooms 1 Bath with over 1100 sqft on the main level. New Paint and Lighting throughout the home. Home can be sold Furnished or non Furnished. Full unfinished basement with stubbed bathroom and non conforming 4th bedroom. New boiler in 2016. Home was updated in 2016. Large shed on the back of the this .20 acre corner lot. Plenty of parking with a covered carport with storage.

Last Agent to Sell the Property

Matthew Lepic

Lepic-Kroeger, REALTORS Listed on: 10/06/2020

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Ben Black

Edge Realty Group

Edge Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,214

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 73 x 118

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Construction Material
  • Tile

Interior Spaces

  • 1,144 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Stubbed For A Bathroom

Parking

  • Carport
  • Parking Pad

Outdoor Features

  • Shed

Location

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1013335003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,214

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1144
  • Homebuilder: uk
  • Owner Name L F Mi: Matnic, LLC
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Possible Finance: 1031 Exchange, Cash, Conventional
  • Remarks: Owners are Licensed Real Estate Agents in the State of Iowa.
  • Stories Style: Ranch
  • T Val: 142000
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Alarm-Smoke/Fire
  • Interior: Cable TV Connections, Tile, Vaulted Ceiling, Wood Floors
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1144
  • Total Full Baths: 1
  • Laundry Type: Laundry Room
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Basement: Bath Stubbed, Full
  • Kitchen Level: Main
  • Living Room Level: Main
  • Kitchen / Breakfast: Breakfast Bar, Pantry
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Vinyl
  • Roof Type: Composition
  • Exterior: Shed

Garage/Parking

  • Parking: Carport, Pad

Utilities

  • Cooling: Electric, Ceiling Fan, Wall Unit, Window/Wall Units
  • Heating: Baseboard, Steam/Hotwtr
  • Internet: Yes
  • Water Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Amenities: Sidewalks, Street Lights, Close to School, On Bus Line

Schools

  • Elementary School: Lucas
  • Middle School: Southeast
  • High School: City

Lot Info

  • Acreage: 0.2
  • Geo Subdivision: IA
  • Lot Description: Less than .5 Acre
  • Lot Dimensions: 73 x 118
  • Zoning: RES

Green Features

  • Energy Related: Water Heater-Gas

Tax Info

  • Gross Tax County City: 3076
  • Assessor Parcel Number: 1013335003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Oct 14, 2020
Sold by
Matnic Llc
Bought by
Stone Shawn Truman
Seller's Agent
Matthew Lepic
Lepic-Kroeger, REALTORS
Buyer's Agent
Ben Black
Edge Realty Group
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%
Current Estimated Value
$204,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,588
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Nov 4, 2014
Sold by
Garringer Wendy A and Garringer Joshua D
Bought by
Stanley & Douglas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,224
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2007
Sold by
Carris Brian K
Bought by
Koenig Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,200
Interest Rate
6.5%
Mortgage Type
Unknown
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
Stone Shawn Truman $142,000 None Available
Stanley & Douglas Llc $110,224 None Available
Koenig Wendy A $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Shawn Truman $124,800
Previous Owner Matnic Llc $731,000
Previous Owner Matnic Llc $60,000
Previous Owner Matnic Llc $50,000
Previous Owner Stanley & Douglas Llc $411,252
Previous Owner Stanley & Douglas Llc $110,224
Previous Owner Garringer Wendy A $28,000
Previous Owner Koenig Wendy A $22,200
Previous Owner Koenig Wendy A $97,600
Previous Owner Carris Brian K $18,718
Previous Owner Carris Brian K $3,303
Previous Owner Carris Brian K $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $142,000 -5.3% $124 / Sq Ft
10/12/2020 10/12/20 For Sale $150,000 0.0% $131 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $150,000 +15.4% $131 / Sq Ft
12/01/2016 12/01/16 Sold $130,000 0.0% $114 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $130,000 -- $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 $3,214 $181,320 $50,370 $130,950
2023 $2,996 $181,320 $50,370 $130,950
2022 $2,862 $147,130 $47,010 $100,120
2021 $3,134 $147,130 $47,010 $100,120
2020 $3,134 $144,940 $43,650 $101,290
2019 $2,948 $144,940 $43,650 $101,290
2018 $2,948 $134,210 $40,300 $93,910
2017 $2,732 $125,600 $40,300 $85,300
2016 $2,680 $124,330 $36,940 $87,390
2015 $3,142 $124,330 $36,940 $87,390
2014 $2,450 $121,930 $36,940 $84,990
Source: Public Records

Agents Affiliated with this Home

  • Matthew Lepic

    Seller's Agent in 2020

    Matthew Lepic

    Lepic-Kroeger, REALTORS

    (319) 321-7199

    11 in this area

    579 Total Sales

    Matthew Lepic
    Section Image
  • Ben Black

    Buyer's Agent in 2020

    Ben Black

    Edge Realty Group

    (319) 400-8956

    3 in this area

    85 Total Sales

    Ben Black
    Section Image
  • Tom Lepic

    Seller's Agent in 2016

    Tom Lepic

    Lepic-Kroeger, REALTORS

    (319) 351-8811

    2 Total Sales

    Tom Lepic
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202006045

Iowa City Area Association of REALTORS®

APN: 1013335003

Iowa Johnson County Iowa City 52240 Eastside

2603 Wayne Ave, Iowa City, IA

This home is located at 2603 Wayne Ave, Iowa City, IA 52240 since 06 October 2020 and is currently estimated at $204,588, approximately $178 per square foot. This property was built in 1957. 2603 Wayne Ave is a home located in Johnson County with nearby schools including Robert Lucas Elementary School, Southeast Junior High School, and City High School.

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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