NOT LISTED FOR SALE

Estimated Value: $494,000 - $671,000

5 Beds
3.5 Baths
3,198 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $497,500 $156 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,192/month

49 Days on Market

Highlights

  • 0.35 Acre Lot
  • Formal Dining Room
  • Porch
  • City High School Rated A-
  • Double Oven
  • Breakfast Bar

About This Home

As of August 2019

Charming home on historical Summit St in Iowa City. This home boasts classic curb appeal with modern touches throughout the interior. In this 1890 home once featured in Room magazine, you find over 3,000 square feet with the option of finishing more. Main floor boasts remodeled kitchen, formal dining room, & wet bar. 2nd level has 3 bedrooms, loads of light and study could be 4th bedroom. Brand new remodeled 2nd floor hall bath AND relaxing Master bath. New 13x13 walk-in Master closet. Laundry on 2nd floor.

Last Agent to Sell the Property

Ryan O'Leary

Lepic-Kroeger, REALTORS Listed on: 05/10/2019

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,768

Year Built

  • Built in 1890

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 80 x 189

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Expansion Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

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

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1015101008

Community Details

Overview

  • Berryhills 2Nd Addition Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,768

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3198
  • Homebuilder: Unknown
  • Owner Name L F Mi: Downing/Morris
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: 3rd level- wide open space awaiting your finishes! Fully finished basement includes over 7'6" ceilings. Non-working fireplace- sold "as is". Could be converted to gas/electric. Bench in back entry stays. Information has been provided by both the Seller and the Assessor. Check with ICCSD to verify school attendance. Dining room chandelier reserved. Powder room pendants, door bell chime and breakfast nook pendents may be negotiable.
  • T Val: 497500
  • Year Built: 1890
  • Tax Year Report: 2017
  • Subdivision: Berryhills 2nd Addition
  • Directions: E. Burlington- South on Summit St. to property.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • Amenities: Park, Close to Shopping, Close to School, On Bus Line
  • Basement Remarks: Finished, Full
  • Fireplace Type Location: In Living Room
  • Interior R: Attic Expandable, Cable Available, Ceiling-9+ ft, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Bar
  • Lot Description R: Less than .5 Acre
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Charming home on historical Summit St in Iowa City. This home boasts classic curb appeal with modern touches throughout the interior. In this 1890 home once featured in Room magazine, you find over 3,000 square feet with the option of finishing more. Main floor boasts remodeled kitchen, formal dining room, & wet bar. 2nd level has 3 bedrooms, loads of light and study could be 4th bedroom. Brand new remodeled 2nd floor hall bath AND relaxing Master bath. New 13x13 walk-in Master closet. Laundry on 2nd floor.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Double Oven, Icemaker Line, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 2598
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 600
  • Laundry Location: Laundry Closet, Upstairs
  • Mstr Br Level: Upper
  • Mstr Br Width: 13
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Patio, Porch

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Central, Forced Air, Zoned/Dual

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.35
  • Geo Subdivision: IA
  • Lot Dimensions: 80 x 189
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 7526.48
  • Assessor Parcel Number: 1015101008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Aug 1, 2019
Sold by
Dowing William P and Morris Nancy Kumi
Bought by
Nelson Rudd C and Nelson Leslie A
Seller's Agent
Ryan O'Leary
Lepic-Kroeger, REALTORS
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$525,000
Sold Price
$497,500
Premium/Discount to List
-$27,500
-5.24%
Total Days on Market
49
Current Estimated Value
$587,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,636
Avg. Annual Appreciation
3.20%
Original Mortgage
$60,000
Outstanding Balance
$53,125
Interest Rate
3.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$544,683

Purchase Details

Closed on
Dec 18, 2006
Sold by
American Home Solutions Llc
Bought by
Downing William T and Morris Nancy Kumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,750
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2006
Sold by
Maurer Janet L
Bought by
American Home Solutions Llc and Summit Street Trust
Source: Public Records

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Range of Values:

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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
Nelson Rudd C $497,500 None Available
Downing William T $297,500 None Available
American Home Solutions Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downing William T $60,000
Previous Owner Downing William T $80,000
Previous Owner Downing William T $352,000
Previous Owner Downing William T $30,600
Previous Owner Downing William T $352,000
Previous Owner Downing William T $27,000
Previous Owner Downing William T $70,000
Previous Owner Downing William T $20,000
Previous Owner Downing William T $29,750
Previous Owner Maurer Janet L $272,700
Previous Owner Maurer Janet L $15,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $497,500 0.0% $156 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/17/2019 06/17/19 Off Market $497,500 -- --
06/17/2019 06/17/19 Pending -- -- --
05/10/2019 05/10/19 Price Changed $530,000 +1.0% $166 / Sq Ft
05/10/2019 05/10/19 For Sale $525,000 -- $164 / 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 $10,768 $585,980 $142,310 $443,670
2023 $10,090 $582,860 $142,310 $440,550
2022 $9,826 $474,420 $134,180 $340,240
2021 $9,962 $474,420 $134,180 $340,240
2020 $9,962 $460,690 $130,110 $330,580
2019 $7,420 $372,500 $130,110 $242,390
2018 $7,420 $346,220 $121,980 $224,240
2017 $7,336 $346,220 $121,980 $224,240
2016 $7,170 $341,410 $121,980 $219,430
2015 $7,170 $341,410 $121,980 $219,430
2014 $7,026 $333,490 $121,980 $211,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20193061

Iowa City Area Association of REALTORS®

APN: 1015101008