NOT LISTED FOR SALE

Estimated Value: $425,000 - $607,626

6 Beds
3 Baths
3,464 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $155,000 $45 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $3,661/month

40 Days on Market

Highlights

  • Separate Formal Living Room
  • Corner Lot
  • Laundry Room
  • City High School Rated A-
  • Porch
  • Entrance Foyer

About This Home

As of March 2012

Investment property with potential for conversion to a spacious single-family residence. 6 bedrooms, 3 bathrooms, 3 kitchens. In need of work, but has character in its leaded windows, hardwood floors, deep base & window trim, multiple bay windows & wooden staircase. Close to downtown and UI campus.

Last Agent to Sell the Property

Kevin Hanick

Urban Acres Real Estate Listed on: 01/19/2012

Urban Acres Real Estate

Co-Listed By

Sean McIntyre

Urban Acres Real Estate

Last Buyer's Agent

Jeff Edberg

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,526

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 80
  • Corner Lot
  • Property is zoned RNS-12

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Dining Room
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mann Elementary School
  • Southeast Middle School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Mounted To A Wall or Window
  • Internet Available
  • Cable TV Available

Community Details

  • Iowa City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1010163001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,526

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3464
  • Number of Lower Level Three Quarter Bathrooms: 1
  • Number of Main Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: Shelter House
  • Ownership Type: Income/Investment
  • Photo Code: Broker Loaded
  • Remarks: Verify school attendance with ICCSD. Property taxes to be determined. Seller's Disclosure Attached.
  • T Val: 155000
  • Year Built: 1900
  • Tax Year Report: 2010
  • Subdivision: Iowa City (Original Town)
  • Directions: Corner of Gilbert St and Davenport St
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Finished, Full
  • Fireplace Type Location: None
  • Interior R: Cable Available, Foyer-Entrance
  • Kitchen Breakfast R: Pantry
  • Lot Description R: Less than .5 Acre, Corner
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Investment property with potential for conversion to a spacious single-family residence. 6 bedrooms, 3 bathrooms, 3 kitchens. In need of work, but has character in its leaded windows, hardwood floors, deep base & window trim, multiple bay windows & wooden staircase. Close to downtown and UI campus.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Number Bedrooms Lower: 2
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 2364
  • Total Full Baths: 1
  • Total Three Quarter Bathrooms: 2
  • Bedrooms: 6
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1100
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper
  • Mstr Br Width: 13

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Porch, Shed

Garage/Parking

  • Parking Spaces: None

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Window/Wall Units, Baseboard, Central, Steam/Hotwater

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 50 x 80
  • Zoning: RNS-12

Tax Info

  • Assessor Parcel Number: 1010163001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2015
Sold by
Prestige Properties Development Llc
Bought by
Oliveira Michael N
Current Estimated Value
$538,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 19, 2012
Closed on
Feb 29, 2012
Sold by
Shelter House Community Shelter & Transi
Bought by
Prestige Properties Development Llc
Seller's Agent
Kevin Hanick
Urban Acres Real Estate
Buyer's Agent
Jeff Edberg
Lepic-Kroeger, REALTORS
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$306,341
Interest Rate
3.89%
Mortgage Type
Construction
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
Oliveira Michael N -- None Available
Prestige Properties Development Llc $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Michael N $382,675
Closed Oliveira Michael N $417,000
Previous Owner Prestige Properties Development Llc $306,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2012 03/01/12 Sold $155,000 0.0% $45 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $155,000 -- $45 / 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 $9,526 $516,810 $95,060 $421,750
2023 $8,662 $516,810 $95,060 $421,750
2022 $9,032 $408,530 $90,190 $318,340
2021 $9,032 $445,070 $126,730 $318,340
2020 $9,274 $348,200 $65,700 $282,500
2019 $7,206 $348,200 $65,700 $282,500
2018 $6,828 $319,320 $62,050 $257,270
2017 $6,752 $319,320 $62,050 $257,270
2016 $3,990 $313,830 $62,050 $251,780
2015 $3,990 $185,080 $62,050 $123,030
2014 $3,594 $166,170 $54,750 $111,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20120553

Iowa City Area Association of REALTORS®

APN: 1010163001