NOT LISTED FOR SALE

470 N 1st Ave Unit 301 Iowa City, IA 52245

Bluffwood Neighborhood

Estimated Value: $192,000 - $227,000

2 Beds
2 Baths
1,169 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $196,000 $168 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,574/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Balcony
  • City High School Rated A-
  • Breakfast Area or Nook
  • Brick or Stone Mason

About This Home

As of September 2023

Remarks: This top floor corner apartment with additional windows & exceptional views off the private balcony is a preferred unit in the building. Pristine condition! Living room with corner fireplace, breakfast bar, stainless steel appliances, modern shelving system with wine rack, and tasteful décor. Laminate wood floors in living room and Primary bedroom, carpet in guest bedroom. Secured entry to the building, one underground parking space, and elevator access to the unit make for an easy moving experience. Conveniently located on bus line, close to schools, shopping, and Hickory Hill Park. Quick access to I-80 & downtown Iowa City. Simply move in and enjoy! Quick possession is possible!

Last Agent to Sell the Property

Marc Simpson

Ruhl&Ruhl, Realtors Listed on: 08/19/2023

Ruhl&Ruhl, Realtors

Last Buyer's Agent

Jane Axt

Urban Acres Real Estate

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 2005

Lot Details

  • 3,223

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick or Stone Mason
  • Frame Construction

Interior Spaces

  • 1,169 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1012265017

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, facilities fee, garbage pickup, grounds maintenance, mgmt fee, reserve fund
  • 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

$170 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1169
  • Homebuilder: Hodge
  • Owner Name L F Mi: Lottini Irene & Gallerini Matteo
  • Ownership Type: Condo Attached
  • Photo Code: Broker Provided
  • Remarks: No showings until after 5 PM on Saturday August 19th, 2023. Batteries need replaced by purchaser in order for the LED Spotlights to function in main living room area via remote. Some furniture may be available for purchase via Bill of Sale. Must be owner occupied for first year then approval by HOA in order to lease rules and by laws.
  • Year Built: 2005
  • Tax Year Report: 2021
  • Subdivision: Hickory Grove
  • Directions: On corner of N. 1st Ave. & Rochester Ave.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Pet Policy, 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: Cable Available, Vaulted Ceiling, Other
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Pantry
  • Lot Description R: None/Condo
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Remarks: This top floor corner apartment with additional windows & exceptional views off the private balcony is a preferred unit in the building. Pristine condition! Living room with corner fireplace, breakfast bar, stainless steel appliances, modern shelving system with wine rack, and tasteful décor. Laminate wood floors in living room and Primary bedroom, carpet in guest bedroom. Secured entry to the building, one underground parking space, and elevator access to the unit make for an easy moving experience. Conveniently located on bus line, close to schools, shopping, and Hickory Hill Park. Quick access to I-80 & downtown Iowa City. Simply move in and enjoy! Quick possession is possible!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

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
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 12
  • 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: $2040.00
  • Condo Level: 3
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Facilities Fee, Garbage Pickup, Grounds Maintenance, Mgmt Fee, Reserve Fund

Schools

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

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Lot Dimensions: condo
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3324.93
  • Assessor Parcel Number: 1012265017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2025
Sold by
Graber Magnolia M
Bought by
Graber Magnolia M and Graber David Norman
Current Estimated Value
$210,007

Purchase Details

Listed on
Mar 11, 2016
Closed on
May 31, 2016
Sold by
Holstein Roberta L
Bought by
Gallerini Matteo and Lottini Irene
Seller's Agent
Lynn Weinstein
Blank & McCune Real Estate
Buyer's Agent
Jim Cannon
Ruhl&Ruhl, Realtors
List Price
$159,500
Sold Price
$155,000
Premium/Discount to List
-$4,500
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$110,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jun 21, 2012
Sold by
Osmundson Jon Philip
Bought by
Holstein Roberta L
Seller's Agent
Gwen Johnson
SKOGMAN REALTY
Buyer's Agent
Lynn Weinstein
BLANK AND MCCUNE, THE REAL ESTATE COMPANY, LLC
List Price
$144,900
Sold Price
$142,000
Premium/Discount to List
-$2,900
-2%

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%

Purchase Details

Closed on
Jul 5, 2007
Sold by
Boothroy David M
Bought by
Zikmund Thomas H and Thomas H Zikmund Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.25%
Mortgage Type
Assumption
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
Graber Magnolia M -- None Listed On Document
Graber Magnolia M -- None Listed On Document
Gallerini Matteo $155,000 None Available
Holstein Roberta L $142,000 None Available
Zikmund Thomas H $137,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graber Magnolia M $166,600
Previous Owner Gallerini Matteo $110,000
Previous Owner Zikmund Thomas H $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $196,000 0.0% $168 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $196,000 +26.5% $168 / Sq Ft
06/01/2016 06/01/16 Sold $155,000 -2.8% $133 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $159,500 +12.3% $136 / Sq Ft
07/19/2012 07/19/12 Sold $142,000 -2.0% $121 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $144,900 -- $124 / 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 $3,288 $172,740 $14,500 $158,240
2022 $3,140 $160,550 $14,500 $146,050
2021 $3,224 $160,550 $14,500 $146,050
2020 $3,224 $157,750 $14,500 $143,250
2019 $3,002 $157,750 $14,500 $143,250
2018 $3,002 $145,120 $12,890 $132,230
2017 $2,966 $145,120 $12,890 $132,230
2016 $2,754 $136,510 $12,890 $123,620
2015 $2,754 $136,510 $12,890 $123,620
2014 $2,610 $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: 202304476

Iowa City Area Association of REALTORS®

APN: 1012265017