NOT LISTED FOR SALE

409 Water St Center Point, IA 52213

Estimated Value: $210,000 - $268,000

5 Beds
2 Baths
1,556 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $200,000 $129 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,585/month

131 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Wet Bar
  • Property is near schools
  • Center Point-Urbana Middle School Rated A-
  • Living Room
  • Central Air

About This Home

As of December 2022

SO MUCH VALUE! This beautiful home boasts 5 bedrooms and 2 bathrooms with full kitchen and plenty of room for any growing family! Walk-out to your fully fenced in back-yard with private access to your MASSIVE 2+ car garage. Hidden on top of this massive garage is a lofted bar and private space, perfect for entertaining! With newer windows, roof, and major updates- this one will not last long!

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 07/13/2022

Realty87

Last Buyer's Agent

Jeremy Trenkamp

Realty87 Listed on: 07/13/2022

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1983

Parking

  • 2 Parking Spaces

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • Wet Bar
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Schools

  • Center Point/Urbana Elementary And Middle School
  • Center Point/Urbana High School

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Lot Dimensions are 60 x 160
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 050943200700000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1556
  • Owner Name L F Mi: Finnick Investments LLC
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Property Is Listed By Zach Borrett 319-826-5638, Please Call Him With Any Questions. Set Up All Showings Via Showingtime. Agents Allow 12-24 Hours For Response Time. **- All Items In The Garage To Remain At Property (Including Loft)
  • Year Built: 1983
  • Tax Year Report: 2021
  • Directions: I-380 to Center Point exit, Rt on Franklin, Lt on Maiden, Rt on Water St
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Close to School, None
  • Basement Remarks: Full
  • Fireplace Type Location: None
  • Interior R: Wet Bar
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Split Level, 2659
  • Remarks2: SO MUCH VALUE! This beautiful home boasts 5 bedrooms and 2 bathrooms with full kitchen and plenty of room for any growing family! Walk-out to your fully fenced in back-yard with private access to your MASSIVE 2+ car garage. Hidden on top of this massive garage is a lofted bar and private space, perfect for entertaining! With newer windows, roof, and major updates- this one will not last long!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 3
  • Number Bedrooms Main: 2
  • Sq Ft Above: 878
  • Total Full Baths: 2
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 678
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Cars, 3 Cars, 4 or More Cars

Utilities

  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central

Schools

  • Elementary School: Center Point/Urbana
  • Middle School: Center Point/Urbana
  • High School: Center Point/Urbana
  • High School: Center Point/Urbana
  • Jr Middle School: Center Point/Urbana
  • Elementary School: Center Point/Urbana

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: 60 x 160
  • Zoning: Res

Tax Info

  • Gross Tax County City: 3098
  • Assessor Parcel Number: 050943200700000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Series 11 Tmca Llc and Series 11 Kkcm Properties Llc
Bought by
Ortega Aarika and Ortega Richard
Current Estimated Value
$237,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,105
Outstanding Balance
$210,865
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$26,757

Purchase Details

Closed on
Mar 2, 2023
Sold by
Tmca Llc
Bought by
Series 11 Tmca Llc and Series 11 Kkcm Properties Llc

Purchase Details

Listed on
Jul 13, 2022
Closed on
Dec 19, 2022
Sold by
Finnick Investments Llc
Bought by
Tmca Llc and Kkcm Properties Llc
Seller's Agent
Jeremy Trenkamp
Realty87
Buyer's Agent
Jeremy Trenkamp
Realty87
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$200,000
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 29, 2021
Sold by
Green Acre Developments Inc
Bought by
Finnick Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
2.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 9, 2020
Sold by
Meader Christopher and Meader Jodi
Bought by
Green Acre Developments Inc
Seller's Agent
Jonathan Doerrfeld
Realty87
Buyer's Agent
Jen Haney
Pinnacle Realty LLC
List Price
$174,990
Sold Price
$170,000
Premium/Discount to List
-$4,990
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$144,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2016
Closed on
Oct 13, 2016
Sold by
Carpenter Randy and Carpenter Haley
Bought by
Meader Christopher and Meader Jodi
Seller's Agent
Brandi McKenney
IOWA REALTY
Buyer's Agent
Brandi McKenney
IOWA REALTY
List Price
$155,000
Sold Price
$152,900
Premium/Discount to List
-$2,100
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%

Purchase Details

Listed on
Nov 30, 2015
Closed on
May 5, 2016
Sold by
Brown Michael L and Brown Lori
Bought by
Carpenter Randy and Carpenter Haley
Seller's Agent
Tessa Grimm
Pinnacle Realty LLC
Buyer's Agent
Brandi McKenney
IOWA REALTY
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
335.86%
Original Mortgage
$81,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2014
Sold by
Brown Catherine
Bought by
Brown Michael L

Purchase Details

Closed on
Mar 7, 2000
Sold by
Palmer Stephen D and Palmer Cynthia R
Bought by
Brown Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
8.29%
Mortgage Type
Purchase Money 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
Ortega Aarika -- None Listed On Document
Series 11 Tmca Llc -- None Listed On Document
Tmca Llc $200,000 --
Finnick Investments Llc $195,000 None Available
Green Acre Developments Inc $170,000 None Available
Green Acre Developments Inc $271,200 Jensen Jase H
Meader Christopher $153,000 None Available
Carpenter Randy -- None Available
Brown Michael L -- None Available
Brown Michael $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Aarika $213,105
Previous Owner Tmca Llc $200,000
Previous Owner Finnick Investments Llc $156,000
Previous Owner Green Acre Developments Inc $144,000
Previous Owner Carpenter Randy $81,000
Previous Owner Brown Michael $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $200,000 -2.4% $129 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $204,900 -2.4% $132 / Sq Ft
09/15/2022 09/15/22 Price Changed $210,000 -4.5% $135 / Sq Ft
08/15/2022 08/15/22 Price Changed $219,900 -2.2% $141 / Sq Ft
07/26/2022 07/26/22 Price Changed $224,900 -1.8% $145 / Sq Ft
07/13/2022 07/13/22 For Sale $229,000 +34.7% $147 / Sq Ft
10/12/2020 10/12/20 Sold $170,000 -2.9% $109 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $174,990 0.0% $112 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $174,990 +14.4% $112 / Sq Ft
10/14/2016 10/14/16 Sold $152,900 -1.4% $98 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $155,000 +72.2% $100 / Sq Ft
06/03/2016 06/03/16 Sold $90,000 -9.1% $72 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
11/30/2015 11/30/15 For Sale $99,000 -- $79 / 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 $3,898 $240,600 $16,400 $224,200
2024 $3,572 $214,600 $16,400 $198,200
2023 $3,572 $214,600 $16,400 $198,200
2022 $3,486 $165,900 $16,400 $149,500
2021 $3,098 $162,200 $16,400 $145,800
2020 $3,098 $145,500 $16,400 $129,100
2019 $2,826 $136,700 $16,400 $120,300
2018 $2,758 $136,700 $16,400 $120,300
2017 $2,502 $112,700 $16,400 $96,300
2016 $2,415 $112,700 $16,400 $96,300
2015 $2,228 $112,700 $16,400 $96,300
2014 $2,232 $112,700 $16,400 $96,300
2013 $2,212 $112,700 $16,400 $96,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202204103

Iowa City Area Association of REALTORS®

APN: 05094-32007-00000