NOT LISTED FOR SALE

354 Ferson Ave Iowa City, IA 52246

Manville Heights Neighborhood

Estimated Value: $489,000 - $628,000

5 Beds
3 Baths
3,236 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $329,900 $102 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,728/month

18 Days on Market

Highlights

  • 1 Fireplace
  • Living Room
  • Forced Air Heating and Cooling System
  • City High School Rated A-
  • Property is near schools
  • 4-minute walk to Lower City Park

About This Home

As of March 2014

Nice, large duplex in Manville Heights. Great location close to hospital and campus. Fully rented through August 1. Large living areas and bedrooms, gas fireplace, and 4 off-street parking spots. Permitted for 3 unrelated on each floor. Accepted Offer.

Last Agent to Sell the Property

David Biancuzzo

Coldwell Banker Real Estate Professionals Listed on: 02/15/2014

Last Buyer's Agent

David Biancuzzo

Coldwell Banker Real Estate Professionals Listed on: 02/15/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,270

Year Built

  • Built in 1940

Lot Details

  • 7,318

Home Design

  • Poured Concrete

Interior Spaces

  • 3,236 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Stubbed For A Bathroom

Schools

  • Lincoln Elementary School
  • Northwest Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Lot Dimensions are 100x73
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 1009109003

Community Details

Overview

  • 2 Units
  • Manville Heights Subdivision

Building Details

  • Electric Expense $2,327
  • Insurance Expense $1,885
  • Maintenance Expense $1,800
  • Water Sewer Expense $1,062
  • Gross Income $34,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,270

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Nice, large duplex in Manville Heights. Great location close to hospital and campus. Fully rented through August 1. Large living areas and bedrooms, gas fireplace, and 4 off-street parking spots. Permitted for 3 unrelated on each floor. Accepted Offer.
  • Year Built: 1940
  • Tax Year Report: 2013
  • Subdivision: Manville Heights
  • Rental Permit: Yes
  • Water Annually: 1062
  • Directions: SE corner of McLean and Ferson, 1 block South of band field in Manville Heights.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School
  • Basement Remarks: Bath Stubbed, Block, Poured Concrete, Full
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Sq Ft Above: 3236
  • Number of Fireplaces: 1

Utilities

  • Water Sewer: City Sewer, City Water
  • Electric Annually: 2327
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Lincoln
  • Middle School: Northwest
  • High School: City
  • High School: City
  • Jr Middle School: Northwest
  • Elementary School: Lincoln

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 100x73
  • Zoning: Res

Tax Info

  • Gross Tax County City: 6398
  • Assessor Parcel Number: 1009109003

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
Mar 24, 2014
Sold by
Hawkeye House Llc
Bought by
354 Ferson Llc
Seller's Agent
David Biancuzzo
Coldwell Banker Real Estate Professionals
Buyer's Agent
David Biancuzzo
Coldwell Banker Real Estate Professionals
List Price
$329,900
Sold Price
$329,900
Current Estimated Value
$555,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,224
Original Mortgage
$247,425
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
354 Ferson Llc $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferson & Gilbert Sd Llc $247,425
Closed 354 Ferson Llc $247,425
Previous Owner Hawkeye House Llc $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Sold $329,900 0.0% $102 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $329,900 -- $102 / 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 $8,270 $439,640 $96,260 $343,380
2023 $7,766 $439,640 $96,260 $343,380
2022 $7,420 $358,260 $90,050 $268,210
2021 $7,508 $358,260 $90,050 $268,210
2020 $7,508 $347,210 $86,940 $260,270
2019 $7,176 $347,210 $86,940 $260,270
2018 $7,176 $326,630 $80,730 $245,900
2017 $7,100 $326,630 $80,730 $245,900
2016 $6,942 $330,430 $80,730 $249,700
2015 $6,942 $322,110 $80,730 $241,380
2014 $6,780 $313,470 $80,730 $232,740
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Biancuzzo

    Coldwell Banker Real Estate Professionals

See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20141017

Iowa City Area Association of REALTORS®

APN: 1009109003

Iowa Johnson County Iowa City 52246 Manville Heights

354 Ferson Ave, Iowa City, IA

This home is located at 354 Ferson Ave, Iowa City, IA 52246 since 15 February 2014 and is currently estimated at $555,124, approximately $171 per square foot. This property was built in 1940. 354 Ferson Ave is a home located in Johnson County with nearby schools including Lincoln Elementary School, Northwest 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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