$175,000
SOLD NOV 7, 2022

470 N 1st Ave Unit 203 Iowa City, IA 52245

Bluffwood Neighborhood
2 Beds
2 Baths
1,169 Sq Ft
1 Acres

Recently Sold

$150 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • 1 Acre Lot
  • Main Floor Primary Bedroom
  • Brick or Stone Mason
  • City High School Rated A-
  • Balcony
  • Breakfast Bar

About This Home

As of November 2022

This 2 bed / 2 bath is move in ready! New flooring throughout, new paint, new microwave...it's in excellent condition! Livingroom offers a corner fireplace & sliders with a great view. Primary bedroom features a large walkin closet, primary bath, in unit laundry closet as well as a 2nd set of sliders leading to a large balcony with expansive treetop views. 2nd bath has a full size linen closet, the hallway features a large pantry plus a coat closet upon entry of the unit = storage! 1 designated stall in the underground garage, with a quick elevator ride to your new 2nd floor condo.

Last Agent to Sell the Property

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 10/07/2022

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Monica Hayes

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Property is zoned RM12

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick or Stone Mason
  • Frame Construction

Interior Spaces

  • 1,169 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

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

Schools

  • Lemme Elementary School
  • Southeast Middle School

Utilities

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

Additional Features

  • Stepless Entry
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 1012265011

Community Details

Overview

  • Association fees include exterior maintenance, garbage pickup, grounds maintenance
  • Built by Hodge
  • Hickory Grove Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,052

Year Built

Built in 2005

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1169
  • Homebuilder: Hodge
  • Owner Name L F Mi: Edberg
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Owner is licensed to sell real estate in Iowa
  • T Val: 175000
  • Year Built: 2005
  • Zero Step Entry: Yes
  • Tax Year Report: 2021
  • Subdivision: Hickory Grove
  • Directions: Just north of the Rochester and 1st Ave intersection.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Security, Sidewalks, Street Lights, Close to Shopping, Close to School, On Bus Line
  • Basement Remarks: 2660
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Ceiling-9+ ft
  • Kitchen Breakfast R: Breakfast Bar, Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 3+ Story
  • Remarks2: This 2 bed / 2 bath is move in ready! New flooring throughout, new paint, new microwave...it's in excellent condition! Livingroom offers a corner fireplace & sliders with a great view. Primary bedroom features a large walkin closet, primary bath, in unit laundry closet as well as a 2nd set of sliders leading to a large balcony with expansive treetop views. 2nd bath has a full size linen closet, the hallway features a large pantry plus a coat closet upon entry of the unit = storage! 1 designated stall in the underground garage, with a quick elevator ride to your new 2nd floor condo.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1169
  • Total Full Baths: 2
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room
  • Mstr Br Level: Main
  • Number of Fireplaces: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Brick, Frame
  • ExteriorFeatures: Balcony

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 1980
  • Condo Level: 2
  • Fees Include: Exterior Maintenance, Garbage Pickup, Grounds Maintenance

Schools

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

Lot Info

  • Acreage: 1
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: RM12

Tax Info

  • Gross Tax County City: 3324
  • Assessor Parcel Number: 1012265011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 4, 2022
Sold by
Jeffrey S Edberg Revocable Trust
Bought by
Ahmed Ismail
Seller's Agent
Jeff Edberg
Lepic-Kroeger, REALTORS
Buyer's Agent
Monica Hayes
Lepic-Kroeger, REALTORS
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Total Days on Market
5
Views
36
Current Estimated Value
$196,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,334
Avg. Annual Appreciation
5.08%
Original Mortgage
$157,500
Outstanding Balance
$152,397
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$46,276

Purchase Details

Listed on
May 12, 2014
Closed on
Jul 25, 2014
Sold by
Mcmahon Elizabeth J
Bought by
Edberg Jeffrey S and Edberg Liam I
Seller's Agent
Tracy Adams
Edge Realty Group, Inc
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$147,000
Sold Price
$145,000
Premium/Discount to List
-$2,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$123,250
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $175,000 --
Warranty Deed $145,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Previous Owner $123,250 Future Advance Clause Open End Mortgage
Previous Owner $75,153 New Conventional
Previous Owner $75,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $175,000 -2.8% $150 / Sq Ft
10/07/2022 10/07/22 For Sale $180,000 +24.1% $154 / Sq Ft
07/25/2014 07/25/14 Sold $145,000 -1.4% $124 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $147,000 -- $126 / 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 $3,052 $172,740 $14,500 $158,240
2023 $3,480 $172,740 $14,500 $158,240
2022 $3,324 $160,550 $14,500 $146,050
2021 $3,410 $160,550 $14,500 $146,050
2020 $3,410 $157,750 $14,500 $143,250
2019 $3,188 $157,750 $14,500 $143,250
2018 $3,188 $145,120 $12,890 $132,230
2017 $3,000 $145,120 $12,890 $132,230
2016 $2,942 $136,510 $12,890 $123,620
2015 $2,942 $136,510 $12,890 $123,620
2014 $2,538 $129,400 $12,890 $116,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202205539

Iowa City Area Association of REALTORS®

APN: 1012265011