NOT LISTED FOR SALE

314 S Summit St Iowa City, IA 52240

Longfellow Neighborhood

Estimated Value: $552,000 - $891,565

5 Beds
2.5 Baths
3,078 Sq Ft
$229/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $375,000 $122 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,201/month

21 Days on Market

Highlights

  • 0.38 Acre Lot
  • Great Room with Fireplace
  • Formal Dining Room
  • City High School Rated A-
  • Breakfast Area or Nook
  • Porch

About This Home

As of September 2016

Truly a special turn of the century home is ready to be restored with the benefit of incredible woodwork and detailed trim, hardwood floors, classic builtins & more. Situated on a beautiful and deep lot with mature trees & landscaping. The red brick driveway and walk hearken back to an earlier time. 3 porches surround this home. Updated kitchen with solid surface counters & newer cabinets. Butler's Pantry room between the kitchen & dining. This property is being sold as is and available immediately.

Last Agent to Sell the Property

Kevin Hanick

Urban Acres Real Estate Listed on: 08/11/2016

Urban Acres Real Estate

Co-Listed By

Sean McIntyre

Urban Acres Real Estate

Last Buyer's Agent

Kevin Hanick

Urban Acres Real Estate Listed on: 08/11/2016

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,274

Year Built

  • Built in 1890

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 77 x 214
  • Level Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 3,078 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Internet Available

Community Details

  • Kauffmans Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1011389013

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,274

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3078
  • Homebuilder: Unknown
  • Owner Name L F Mi: Nolan, Constance
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: AGENTS: Call 800-746-9464 for all showings 24/7.
  • T Val: 375000
  • Year Built: 1890
  • Tax Year Report: 2015
  • Subdivision: Kauffmans Addition
  • Directions: Burlington St to Summit St, south to home
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Basement Remarks: Full
  • Fireplace Type Location: In Great/Family Room, In Living Room, Wood Burning
  • Interior R: Ceiling-9+ ft, Foyer-Entrance, Rear Stairs
  • Kitchen Breakfast R: Breakfast Area, Pantry
  • Lot Description R: Less than .5 Acre, Level
  • Possession R: Immediate, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Truly a special turn of the century home is ready to be restored with the benefit of incredible woodwork and detailed trim, hardwood floors, classic builtins & more. Situated on a beautiful and deep lot with mature trees & landscaping. The red brick driveway and walk hearken back to an earlier time. 3 porches surround this home. Updated kitchen with solid surface counters & newer cabinets. Butler's Pantry room between the kitchen & dining. This property is being sold as is and available immediately.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 5
  • Sq Ft Above: 3078
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, 1st Floor, Main
  • Mstr Br Level: Upper
  • Mstr Br Width: 16
  • Number of Fireplaces: 2
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer
  • Heating Cooling: Gas, Forced Air, None

Schools

  • Elementary School: Longfellow
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Longfellow

Lot Info

  • Acreage: 0.38
  • Geo Subdivision: IA
  • Lot Dimensions: 77 x 214
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 8002
  • Assessor Parcel Number: 1011389013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 16, 2016
Sold by
Estate Of John T Nolan
Bought by
William Matthew Lynch Trust
Seller's Agent
Kevin Hanick
Urban Acres Real Estate
Buyer's Agent
Kevin Hanick
Urban Acres Real Estate
List Price
$375,000
Sold Price
$375,000
Total Days on Market
21
Current Estimated Value
$705,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,641
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Nolan Constance J
Bought by
Nolan Constance J and Nolan John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.38%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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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
William Matthew Lynch Trust $375,000 None Available
Nolan Constance J -- Title Source
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolan Constance J $540,000
Previous Owner Nolan John T $27,000
Previous Owner Nolan John T $12,500
Previous Owner Nolan John T $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $375,000 0.0% $122 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $375,000 -- $122 / 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 $16,274 $865,130 $145,590 $719,540
2023 $15,242 $865,130 $145,590 $719,540
2022 $14,564 $703,210 $133,450 $569,760
2021 $14,680 $703,210 $133,450 $569,760
2020 $14,680 $678,890 $129,410 $549,480
2019 $7,324 $678,890 $129,410 $549,480
2018 $7,324 $333,370 $121,320 $212,050
2017 $8,262 $380,050 $121,320 $258,730
2016 $7,814 $371,250 $121,320 $249,930
2015 $7,814 $371,250 $121,320 $249,930
2014 $7,812 $369,850 $121,320 $248,530
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kevin Hanick

    Urban Acres Real Estate

    Section Image
  • Sean McIntyre

    Seller Co-Listing Agent in 2016

    Sean McIntyre

    Urban Acres Real Estate

    (319) 430-8260

    8 in this area

    174 Total Sales

    Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20164692

Iowa City Area Association of REALTORS®

APN: 1011389013

Iowa Johnson County Iowa City 52240 Longfellow

314 S Summit St, Iowa City, IA

This home is located at 314 S Summit St, Iowa City, IA 52240 since 11 August 2016 and is currently estimated at $705,641, approximately $229 per square foot. This property was built in 1890. 314 S Summit St is a home located in Johnson County with nearby schools including Longfellow 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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