$475,000
$10K PRICE DROP

505 Avalon Place Coralville, IA 52241

Estimated payment $3,180/month

Total Views 21,433
5 Beds
3.5 Baths
3,143 Sq Ft
$151 Price per Sq Ft

Highlights

  • Popular Property
  • Community Lake
  • Pond
  • Liberty High School Rated A
  • Deck
  • Living Room with Fireplace

About This Home

Welcome to your dream home in a charming cul-de-sac with stunning water views! This bright two-story walkout features five bedrooms and three-and-a-half bathrooms, perfect for relaxation and gatherings. Inside, enjoy beautiful oak wood floors and elegant decorative columns. The open kitchen offers ample cabinetry, an island with a breakfast bar, and modern appliances, including a new stove/oven and dishwasher (2022). The subway tile backsplash and vent hood were added in 2020. Cozy up by one of the two fireplaces surrounded by custom-built-in oak bookshelves. The spacious primary suite includes a walk-in closet, a luxurious bathroom with dual sinks, and a deep soaking tub. Entertain in the downstairs kitchen area or wet bar with a full-sized refrigerator and microwave. Beautiful luxury vinyl plank flooring throughout the lower level (2020). It could also be used as a mother-in-law suite. Newly installed Modern features include a Nest thermostat and a coded front door lock. Recent updates include a new water heater, washer/dryer (2024), and a freshly stained deck (2024). Your perfect home awaits!

Listing Agent

Matthew Lepic

Lepic-Kroeger, REALTORS Listed on: 08/03/2025

Lepic-Kroeger, REALTORS

Co-Listing Agent

Nicole Lepic

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 2001

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 63 x 151
  • Cul-De-Sac
  • Sloped Lot
  • Garden

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Library

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Penn Elementary School
  • North Central Middle School
  • Liberty High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Internet Available
  • Cable TV Available

Community Details

  • Built by Midland Homes of East IA
  • Welsh Village Subdivision
  • The community has rules related to allowing live work
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 0728353005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,100

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3143
  • Homebuilder: Midland Homes of East IA
  • Owner Name L F Mi: Sachin Goyal/Alpana Garg
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Cement in front of garage has dropped along with the area of driveway meeting the sidewalk. This is in the same condition as when the seller purchased it in 2020.
  • Year Built: 2001
  • Tax Year Report: 2023
  • Subdivision: Welsh Village
  • Directions: 1st Ave north from I-80, right on Oakdale Blvd, left on Pembrokeshire Dr, left on Westminster Cir and left on Avalon Pl, home is on the right side when you are facing the cul-de-sac.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • Amenities: Lake, Sidewalks, Street Lights, Close to Shopping, Close to School, Other, Live/Work
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout
  • Fireplace Type Location: In Living Room, In LL, Factory Built, Gas
  • Interior R: Bookcases, Cable Available, Ceiling-9+ ft, Foyer-Entrance, Foyer-2 Story, Wet Bar
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Country Kitchen, Island
  • Lot Description R: Less than .5 Acre, Cul De Sac, Pond, Sloping
  • Possession R: At Closing, Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Welcome to your dream home in a charming cul-de-sac with stunning water views! This bright two-story walkout features five bedrooms and three-and-a-half bathrooms, perfect for relaxation and gatherings. Inside, enjoy beautiful oak wood floors and elegant decorative columns. The open kitchen offers ample cabinetry, an island with a breakfast bar, and modern appliances, including a new stove/oven and dishwasher (2022). The subway tile backsplash and vent hood were added in 2020. Cozy up by one of the two fireplaces surrounded by custom-built-in oak bookshelves. The spacious primary suite includes a walk-in closet, a luxurious bathroom with dual sinks, and a deep soaking tub. Entertain in the downstairs kitchen area or wet bar with a full-sized refrigerator and microwave. Beautiful luxury vinyl plank flooring throughout the lower level (2020). It could also be used as a mother-in-law suite. Newly installed Modern features include a Nest thermostat and a coded front door lock. Recent updates include a new water heater, washer/dryer (2024), and a freshly stained deck (2024). Your perfect home awaits!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 2252
  • 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: 891
  • Laundry Location: Upstairs, Laundry Room
  • Mstr Br Level: Upper
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Garden Area, Patio, Porch, Other

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Softener (Owned)
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Penn
  • Middle School: North Central
  • High School: Liberty High School
  • High School: Liberty High School
  • Jr Middle School: North Central
  • Elementary School: Penn

Lot Info

  • Acreage: 0.22
  • Geo Subdivision: IA
  • Lot Dimensions: 63 x 151
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 7292.4
  • Assessor Parcel Number: 0728353005

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,100 $398,500 $63,000 $335,500
2023 $6,864 $398,500 $63,000 $335,500
2022 $6,552 $336,300 $47,300 $289,000
2021 $6,676 $336,300 $47,300 $289,000
2020 $6,676 $320,200 $47,300 $272,900
2019 $6,352 $320,200 $47,300 $272,900
2018 $6,230 $306,800 $47,300 $259,500
2017 $6,042 $306,800 $47,300 $259,500
2016 $5,884 $295,900 $47,300 $248,600
2015 $5,884 $295,900 $47,300 $248,600
2014 $5,712 $286,300 $47,300 $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Price Changed $475,000 -2.1% $151 / Sq Ft
08/03/2025 08/03/25 For Sale $484,999 +43.2% $154 / Sq Ft
07/15/2020 07/15/20 Sold $338,750 -3.2% $108 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $349,900 -- $111 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $338,938 None Available
Corporate Deed $282,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $321,812 New Conventional
Previous Owner $65,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $211,875 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Matthew Lepic

Lepic-Kroeger, REALTORS

(319) 419-4395

Section Image

Together Matthew and Nicole formed the Lepic Elite Home Team in 2008. They knew that their expansive background in Real Estate would be a huge asset for their clients. Matthew and Nicole’s joint wisdom can guide you to making the best decision so you can feel comfortable in your outcome. They have knowledge, experience and education with new construction, remodeling, investments, development, and also listing your current property or purchasing an existing home. Since Nicole is from Linn County

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202504972

Iowa City Area Association of REALTORS®

APN: 0728353005