NOT LISTED FOR SALE

517 Mahaska Ct Iowa City, IA 52246

Estimated Value: $517,184 - $570,000

4 Beds
3.5 Baths
3,027 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $405,000 $134 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,587/month

91 Days on Market

Highlights

  • Great Room with Fireplace
  • Recreation Room
  • Screened Porch
  • West High School Rated A
  • Corner Lot
  • 4-minute walk to Emerald St Playground

About This Home

As of July 2018

Don't miss this stately two story home in University Heights. Enjoy the conveniences of living close to all Iowa City has to offer! Walk to local parks, restaurants, and the University of Iowa. Less than one block from elementary school. Charming cul de sac where neighbors gather in the circle common space. Find abundant natural light, gleaming solid oak floors, mature trees, yard surrounded by cast iron plantation fencing. Too many updates to mention them all - roof, windows, kitchen, bathrooms, and more!!

Last Agent to Sell the Property

Jane Axt

Urban Acres Real Estate Listed on: 04/06/2018

Urban Acres Real Estate

Co-Listed By

Tia Perez

Skogman Realty Co.

Last Buyer's Agent

Jane Axt

Urban Acres Real Estate Listed on: 04/06/2018

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,470

Year Built

  • Built in 1967

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 90 x 114
  • Cul-De-Sac
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Garden

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 3 Fireplaces
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Recreation Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Patio
  • Shed

Location

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

Schools

  • Horn Elementary School
  • Northwest Middle School
  • West High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1017185003

Community Details

Overview

  • Built by City Development
  • Melrose Park 6Th Addition Subdivision
  • The community has rules related to allowing live work

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,470

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3027
  • Homebuilder: City Development
  • Owner Name L F Mi: Cherascu
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Since 2008, many updates: new roof, new furnace (2013), new windows (20-year warranty transferable to the new owner), new water heater, maple kitchen cabinets with pullouts, stainless steel appliances, granite counter tops, undermount sink, garbage disposal, reverse osmosis, updated bathrooms, wood floors refinished, new carpet in lower level (2018), new doors and hardware throughout the whole house (2016). Three unique wood burning fireplaces - all in working order. Special features: marble mantle from a mansion in Clinton, Purington pavers from College Street, 100-year old barn beams from a corn crib in Sturgeon, IL.
  • T Val: 405000
  • Year Built: 1967
  • Tax Year Report: 2016
  • Subdivision: Melrose Park 6th Addition
  • Directions: Melrose Avenue to Sunset Street, right on Oakcrest Avenue for 1 block, left on Mahaska Court.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • S O2 Dues Paid: y
  • Amenities: Playground, Sidewalks, Street Lights, Close to School, Live/Work, On Bus Line
  • Basement Remarks: Poured Concrete, Sump Pump, Finished, Full
  • Fireplace Type Location: In Great/Family Room, In Living Room, Other, Wood Burning
  • Interior R: Cable Available, Ceiling-9+ ft, Foyer-Entrance
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Pantry
  • Lot Description R: Less than .5 Acre, Corner, Cul De Sac, Level, Private Backyard
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Don't miss this stately two story home in University Heights. Enjoy the conveniences of living close to all Iowa City has to offer! Walk to local parks, restaurants, and the University of Iowa. Less than one block from elementary school. Charming cul de sac where neighbors gather in the circle common space. Find abundant natural light, gleaming solid oak floors, mature trees, yard surrounded by cast iron plantation fencing. Too many updates to mention them all - roof, windows, kitchen, bathrooms, and more!!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Double Oven, Wall Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 2355
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 672
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper
  • Mstr Br Width: 15
  • Number of Fireplaces: 3
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Fenced Yard, Garden Area, Patio, Screen Porch, Shed

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 00
  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.24
  • Geo Subdivision: IA
  • Lot Dimensions: 90 x 114
  • Zoning: Residential

Rental Info

  • Lease Value: 405000

Tax Info

  • Gross Tax County City: 6663.52
  • Assessor Parcel Number: 1017185003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 15, 2018
Sold by
Cherascu Bogdan N and Cherascu Gabriela
Bought by
Giuliani Francis and Giuliani Kristina
Seller's Agent
Jane Axt
Urban Acres Real Estate
Buyer's Agent
Jane Axt
Urban Acres Real Estate
List Price
$429,900
Sold Price
$405,000
Premium/Discount to List
-$24,900
-5.79%
Current Estimated Value
$540,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,796
Avg. Annual Appreciation
4.37%
Original Mortgage
$364,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2008
Sold by
Dipaola Jorge A and Catlow Teresa A
Bought by
Cherascu Bogdan N and Cherascu Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Giuliani Francis $405,000 None Available
Cherascu Bogdan N $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giuliani Francis $361,900
Closed Giuliani Francis $364,500
Previous Owner Cherascu Bogdan N $246,000
Previous Owner Cherascu Bogdan N $120,000
Previous Owner Cherascu Bogdan N $180,175
Previous Owner Cherascu Bogdan N $202,600
Previous Owner Cherascu Bogdan N $225,000
Previous Owner Dipaola Jorge A $219,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $405,000 -5.8% $134 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $429,900 -- $142 / 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 $8,470 $497,000 $89,100 $407,900
2023 $7,726 $497,000 $89,100 $407,900
2022 $7,348 $394,500 $81,000 $313,500
2021 $7,650 $394,500 $81,000 $313,500
2020 $7,650 $394,500 $81,000 $313,500
2019 $7,282 $394,500 $81,000 $313,500
2018 $6,980 $378,700 $81,000 $297,700
2017 $6,502 $378,700 $81,000 $297,700
2016 $6,160 $353,200 $81,000 $272,200
2015 $6,160 $341,200 $64,800 $276,400
2014 $5,330 $295,700 $64,800 $230,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20182281

Iowa City Area Association of REALTORS®

APN: 1017185003