Seller's Agent in 2022
Leslie Fitzpatrick
Blank & McCune Real Estate
(319) 594-9869
9 in this area
208 Total Sales
505 Terrace Rd Iowa City, IA 52245
Eastside NeighborhoodEstimated Value: $338,000 - $363,142
4
Beds
2.5
Baths
2,208
Sq Ft
$157/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Separate Formal Living Room
- Laundry Room
- City High School Rated A-
- Screened Porch
- Property is near schools
About This Home
As of May 2022ADORABLE. Sparkling 4 BR 2.5 BA mid century ranch bursting with updates and brimming with charm. Generous living room with crown molding, bright windows, handsome luxury flooring and private half bath flows seamlessly into updated eat in kitchen with copious counter space and storage, stainless appliances and luxury flooring. Adjacent screened porch provides wonderful view of yard. Cute, convenient laundry on the main on way to 3 bright bedrooms and custom tiled full bathroom. Sizeable and cozy, the lower level family room is fantastic; soft carpet, bright lighting, attractive built in. Bonus primary bedroom boasts fabulous custom walk in closet, and just steps from the updated full bathroom, this house really has it all! Welcome home! **Seller requests all offers to be in by Saturday, March 19, 2022 at 9:00 am and will respond by Saturday, March 19, 2022 at 3:00 pm.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,930
Year Built
- Built in 1958
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 80 x 124 x 68 x 124
Parking
- 1 Parking Space
Home Design
- Frame Construction
Interior Spaces
- Ceiling Fan
- Family Room Downstairs
- Separate Formal Living Room
- Combination Kitchen and Dining Room
- Screened Porch
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Location
- Property is near schools
- Property is near shops
- Property is near a bus stop
Schools
- Lemme Elementary School
- Southeast Middle School
Utilities
- Central Air
- Heating System Uses Gas
- Internet Available
- Cable TV Available
Community Details
- Court Hill Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 1013226015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2022
Closed on
May 2, 2022
Sold by
Lauren Walz
Bought by
Rainbow Amy R
Seller's Agent
Leslie Fitzpatrick
Blank & McCune Real Estate
Buyer's Agent
Leslie Fitzpatrick
Blank & McCune Real Estate
List Price
$309,000
Sold Price
$342,000
Premium/Discount to List
$33,000
10.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,036
Avg. Annual Appreciation
-0.14%
Original Mortgage
$273,600
Outstanding Balance
$257,451
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$82,982
Purchase Details
Closed on
May 11, 2018
Sold by
Gaffey Robert P and Gaffey Jennifer M
Bought by
Walz Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,100
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2016
Sold by
Harvey Patricia A
Bought by
Gaffey Robert P and Gaffey Jennifer M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.57%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rainbow Amy R | $342,000 | None Listed On Document | |
| Walz Lauren | $259,000 | None Available | |
| Gaffey Robert P | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rainbow Amy R | $273,600 | |
| Previous Owner | Walz Lauren D | $261,000 | |
| Previous Owner | Walz Lauren | $228,000 | |
| Previous Owner | Walz Lauren | $233,100 | |
| Previous Owner | Harvey Patricia A | $144,000 | |
| Previous Owner | Follas Junior D | $75,000 | |
| Previous Owner | Follas Junior D | $50,000 | |
| Previous Owner | Follas Junior D | $43,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2022 05/02/22 | Sold | $342,000 | +10.7% | $155 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 03/15/2022 03/15/22 | For Sale | $309,000 | -- | $140 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
Tax History Compared to Growth
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 | $5,930 | $325,700 | $53,580 | $272,120 |
| 2023 | $5,516 | $325,700 | $53,580 | $272,120 |
| 2022 | $5,268 | $263,370 | $46,440 | $216,930 |
| 2021 | $5,234 | $263,370 | $46,440 | $216,930 |
| 2020 | $5,234 | $250,670 | $42,860 | $207,810 |
| 2019 | $5,222 | $249,200 | $42,860 | $206,340 |
| 2018 | $5,222 | $237,670 | $39,290 | $198,380 |
| 2017 | $3,884 | $178,710 | $39,290 | $139,420 |
| 2016 | $3,442 | $171,720 | $32,150 | $139,570 |
| 2015 | $3,442 | $171,720 | $32,150 | $139,570 |
| 2014 | $3,364 | $167,580 | $32,150 | $135,430 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Fitzpatrick
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202201467
APN: 1013226015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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