NOT LISTED FOR SALE

5245 Observatory Ave SW Riverside, IA 52327

Estimated Value: $348,000 - $534,000

4 Beds
3 Baths
2,220 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $335,000 $151 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,775/month

87 Days on Market

Highlights

  • Spa
  • Deck
  • Screened Porch
  • West High School Rated A
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of June 2015

This beautiful and conveniently located acreage has been completely updated and is ready for new owners! This 4 bedroom, 3 bath side split home has a two car garage and a HUGE 40x60 shop that is currently rented, but could be yours. Some of the many upgrades include: Updated kitchen with new pecan cupboards and acacia floors, granite countertops & tile backsplash. Newly remodeled master bath with walk-in tile shower, tile floors and cabinetry.

Last Listed By

Gwen Johnson

Skogman Realty Co. Listed on: 01/05/2015

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 1986

Lot Details

  • 1.39 Acre Lot
  • Fenced Yard

Parking

  • 2 Parking Spaces

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Location

  • Property is near schools

Schools

  • Hills Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • Hoard Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1521202001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,778

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2220
  • Homebuilder: Unknown
  • Number of Lower Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: Stevens, Brian & Heather
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: New septic, security system, lower level carpet and the list goes on!
  • T Val: 335000
  • Year Built: 1986
  • Tax Year Report: 2013
  • Subdivision: Hoard Acres
  • Directions: Highway 218 South to Hills exit, Turn right on Observatory Ave., house is .4 miles on the right.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Close to School
  • Basement Remarks: Finished, Full
  • Fireplace Type Location: In Living Room, Wood Burning
  • Interior R: Cable Available, Foyer-Entrance, Vaulted Ceiling
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: 1-2 Acres
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Side Split
  • Remarks2: This beautiful and conveniently located acreage has been completely updated and is ready for new owners! This 4 bedroom, 3 bath side split home has a two car garage and a HUGE 40x60 shop that is currently rented, but could be yours. Some of the many upgrades include: Updated kitchen with new pecan cupboards and acacia floors, granite countertops & tile backsplash. Newly remodeled master bath with walk-in tile shower, tile floors and cabinetry.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Icemaker Line, Microwave, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 3
  • Sq Ft Above: 1586
  • Total Full Baths: 2
  • Total Three Quarter Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 634
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Upper
  • Mstr Br Width: 14
  • Number of Fireplaces: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Fenced Yard, Hot Tub, Outbuildings, Screen Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic, Water Softener (Owned)
  • Heating Cooling: Ceiling Fans, Whole House Fan, Propane, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Hills
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Hills

Lot Info

  • Acreage: 1.39
  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 3343
  • Assessor Parcel Number: 1521202001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Jun 19, 2015
Sold by
Stevens Brian A and Stevens Heather L
Bought by
Halvorsen James C and Zimmerman Zola L
Seller's Agent
Gwen Johnson
Skogman Realty Co.
Buyer's Agent
Polly Riggan
Urban Acres Real Estate
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Total Days on Market
87
Current Estimated Value
$428,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,842
Avg. Annual Appreciation
2.53%
Original Mortgage
$190,000
Outstanding Balance
$79,139
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$349,703

Purchase Details

Closed on
Dec 13, 2006
Sold by
Weichert Relocation Resources Inc
Bought by
Stevens Brian A and Stevens Heather C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Logsden John L and Logsden Suusan L
Bought by
Weichert Relocation Resources Inc

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
Halvorsen James C $335,000 None Available
Stevens Brian A $260,500 None Available
Weichert Relocation Resources Inc $260,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Zola L $12,000
Open Halvorsen James C $190,000
Closed Stevens Brian A $66,774
Previous Owner Stevens Brian A $247,500
Previous Owner Stevens Brian A $225,000
Previous Owner Stevens Brian A $30,000
Previous Owner Stevens Brian A $20,000
Previous Owner Stevens Brian A $10,000
Previous Owner Stevens Brian A $200,000
Previous Owner Logsden John L $220,000
Previous Owner Logsden John L $55,000
Previous Owner Logsden John L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2015 06/22/15 Sold $335,000 -4.3% $151 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $349,900 -- $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 $4,778 $375,100 $77,700 $297,400
2023 $4,550 $375,100 $77,700 $297,400
2022 $4,260 $305,700 $62,100 $243,600
2021 $4,290 $304,000 $62,100 $241,900
2020 $4,290 $292,500 $62,100 $230,400
2019 $3,990 $293,100 $62,100 $231,000
2018 $3,916 $268,500 $62,100 $206,400
2017 $3,852 $268,500 $62,100 $206,400
2016 $3,574 $262,500 $62,100 $200,400
2015 $3,574 $254,900 $62,100 $192,800
2014 $3,364 $239,200 $57,000 $182,200
Source: Public Records

Agents Affiliated with this Home

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Source: Iowa City Area Association of REALTORS®

MLS Number: 20150170

Iowa City Area Association of REALTORS®

APN: 1521202001