NOT LISTED FOR SALE

470 N 1st Ave Unit 307 Iowa City, IA 52245

Bluffwood Neighborhood

Estimated Value: $184,000 - $217,662

2 Beds
2 Baths
1,169 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $178,500 $153 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,504/month

34 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 December 2021

TOP FLOOR condo in building with ELEVATOR and UNDERGROUND parking. Easy access to downtown Iowa City and just 2 miles from UI Campus; located on BUS route. Vaulted ceilings and a private deck with wooded, sunset views. Perfect layout with open living space and fireplace perfectly situated with views out of the sliding glass door. Separation between the two bedrooms and the two full baths will work great for guest bedroom or home office! Extra storage nook in front of underground parking space. Plentiful off street guest parking in parking lot. Roof (2021), Paint (2019), Dishwasher (2019)

Last Listed By

Liz Firmstone

Firmstone Real Estate Listed on: 11/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 2005

Lot Details

  • 3,223

HOA Fees

  • $145 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 closet
  • 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
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Balcony

Community Details

  • Association fees include bldg&liability insurance, exterior maintenance, garbage pickup, grounds maintenance, mgmt fee, reserve fund
  • Built by Hodge
  • Hickory Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1012265023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,920

Year Built

Built in 2005

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1169
  • Homebuilder: Hodge
  • Owner Name L F Mi: Diemer
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Curtains are reserved. Curtain rods will stay. Verify school boundaries with ICCSD. Building is managed by Keystone Property Management. Use Trust Funds for earnest deposit. Preferred closing date is Friday, December 17th. Furnace and water heater are located via door from the unit deck. Access parking space through basement door into underground garage. Parking space #307 is located to the left as you enter garage.
  • Year Built: 2005
  • Zero Step Entry: Yes
  • Tax Year Report: 2020
  • Subdivision: Hickory Grove
  • Directions: NE corner of 1st Ave and Rochester. There are two condo buildings - it is the building to the North.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: 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
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Pantry
  • Lot Description R: None/Condo
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Condo/Single Level
  • Remarks2: TOP FLOOR condo in building with ELEVATOR and UNDERGROUND parking. Easy access to downtown Iowa City and just 2 miles from UI Campus; located on BUS route. Vaulted ceilings and a private deck with wooded, sunset views. Perfect layout with open living space and fireplace perfectly situated with views out of the sliding glass door. Separation between the two bedrooms and the two full baths will work great for guest bedroom or home office! Extra storage nook in front of underground parking space. Plentiful off street guest parking in parking lot. Roof (2021), Paint (2019), Dishwasher (2019)
  • 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
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Closet
  • 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: Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 1740
  • Condo Level: 3
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, 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: 3410.87
  • Assessor Parcel Number: 1012265023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 15, 2021
Sold by
Diemer Kara
Bought by
Cervetti Nancy
Seller's Agent
Liz Firmstone
Firmstone Real Estate
Buyer's Agent
Teresa Dodge
CENTURY 21 Signature Real Estate
List Price
$184,900
Sold Price
$178,500
Premium/Discount to List
-$6,400
-3.46%
Total Days on Market
34
Current Estimated Value
$199,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,916
Avg. Annual Appreciation
3.28%
Original Mortgage
$108,500
Outstanding Balance
$100,653
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$98,763

Purchase Details

Closed on
Dec 6, 2018
Sold by
Falk Ana C
Bought by
Diemer Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2011
Sold by
Hill David C
Bought by
Falk Ana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,223
Interest Rate
3.87%
Mortgage Type
FHA

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
Cervetti Nancy $178,500 None Available
Diemer Kara $166,000 None Available
Falk Ana C $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervetti Nancy $108,500
Previous Owner Diemer Kara $66,000
Previous Owner Falk Ana C $141,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $178,500 0.0% $153 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/10/2021 11/10/21 Price Changed $178,500 -3.5% $153 / Sq Ft
11/02/2021 11/02/21 For Sale $184,900 -- $158 / 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 $2,920 $172,740 $14,500 $158,240
2023 $3,288 $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 $3,002 $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: 202105896

Iowa City Area Association of REALTORS®

APN: 1012265023