NOT LISTED FOR SALE

505 21st Avenue Place Unit 505 Coralville, IA 52241

Estimated Value: $84,000 - $106,177

2 Beds
1 Bath
900 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $71,000 $79 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $777/month

107 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Living Room
  • West High School Rated A
  • Brick or Stone Mason
  • Park

About This Home

As of March 2022

Great Investor Opportunity in a very convenient location, right in the heart of Coralville and close to all the amenities. Just minutes to the bus stop. Close to shopping, parks and schools. Nice top floor condo with good natural light. 900 sq ft with a good, functional lay out. 2 good sized bedrooms. 1 Full Bath. Private deck. Some updates. New toilet, garbage disposal, kitchen faucet and vanity faucet in July 2021. New Roof September 2021.

Last Agent to Sell the Property

Denise Hamlin

Cardinal Realty Listed on: 08/18/2021

Last Buyer's Agent

Jeff Edberg

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1966

Lot Details

  • 6.67

HOA Fees

  • $149 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Frame Construction

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck

Location

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

Schools

  • Kirkwood Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1006203035

Community Details

Overview

  • Association fees include bldg&liability insurance, exterior maintenance, grounds maintenance, water
  • Oakwood Village Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,364

Year Built

Built in 1966

Lot Details

0

HOA Fees

$149 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 900
  • Homebuilder: Unknown
  • Owner Name L F Mi: Shafik Wassef
  • Ownership Type: Condo Attached
  • Photo Code: Broker Loaded
  • Remarks: Agents: Seller has moved out of state and is selling the condo "as is," without warranty. Electric hot water heater is not working. Bottom element needs replaced. Pets allowed. Please see attached Rules + Regulations for details. Please set up showings in the ShowingTime App or call agent directly.
  • Year Built: 1966
  • Tax Year Report: 2019
  • Subdivision: Oakwood Village
  • Directions: 22nd Ave to 9th St to 21st Ave Pl. 500 building is about half way up on the left.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • S O2 Dues Paid: y
  • Amenities: Park, Sidewalks, Street Lights, Close to Shopping, Close to School, On Bus Line
  • Basement Remarks: 2660
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Immediate, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Great Investor Opportunity in a very convenient location, right in the heart of Coralville and close to all the amenities. Just minutes to the bus stop. Close to shopping, parks and schools. Nice top floor condo with good natural light. 900 sq ft with a good, functional lay out. 2 good sized bedrooms. 1 Full Bath. Private deck. Some updates. New toilet, garbage disposal, kitchen faucet and vanity faucet in July 2021. New Roof September 2021.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Number Bedrooms Main: 2
  • Sq Ft Above: 900
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Other
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Brick, Frame
  • ExteriorFeatures: Deck

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1788
  • Condo Level: 2
  • Fees Include: Bldg&Liability Insurance, Exterior Maintenance, Grounds Maintenance, Water

Schools

  • Elementary School: Kirkwood
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Kirkwood

Lot Info

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

Tax Info

  • Gross Tax County City: 1448.92
  • Assessor Parcel Number: 1006203035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Feb 26, 2022
Sold by
Wassef Shafik N and Wassef Robin
Bought by
Bjjb Investments Llc
Seller's Agent
Denise Hamlin
Cardinal Realty
Buyer's Agent
Jeff Edberg
Lepic-Kroeger, REALTORS
List Price
$79,000
Sold Price
$71,000
Premium/Discount to List
-$8,000
-10.13%
Current Estimated Value
$94,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,294
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Jun 8, 2011
Sold by
Davids John R and Davids Betty L
Bought by
Wassef Shafik N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750
Interest Rate
4.67%
Mortgage Type
Stand Alone Second
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
Bjjb Investments Llc $71,000 None Listed On Document
Wassef Shafik N $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wassef Shafik N $49,600
Previous Owner Wassef Shafik N $2,750
Previous Owner Wassef Shafik N $46,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $71,000 -7.5% $79 / Sq Ft
11/03/2021 11/03/21 Price Changed $76,750 -2.8% $85 / Sq Ft
08/18/2021 08/18/21 For Sale $79,000 -- $88 / 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 $1,364 $74,500 $15,000 $59,500
2023 $1,558 $74,500 $15,000 $59,500
2022 $1,488 $74,300 $13,000 $61,300
2021 $1,478 $74,300 $13,000 $61,300
2020 $1,478 $70,900 $13,000 $57,900
2019 $1,222 $70,900 $13,000 $57,900
2018 $1,194 $67,500 $13,000 $54,500
2017 $1,194 $67,500 $13,000 $54,500
2016 $1,088 $63,400 $13,000 $50,400
2015 $1,088 $63,400 $13,000 $50,400
2014 $1,070 $62,300 $13,000 $49,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202104738

Iowa City Area Association of REALTORS®

APN: 1006203035