NOT LISTED FOR SALE

5249 Observatory Ave SW Riverside, IA 52327

Estimated Value: $309,000 - $446,000

4 Beds
2 Baths
2,040 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $250,000 $123 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,321/month

175 Days on Market

Highlights

  • Wooded Lot
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook
  • West High School Rated A
  • Private Yard
  • Separate Outdoor Workshop

About This Home

As of May 2013

Hard to find 4 bd, 2 ba acreage with wooded & landscaped back yard. New flooring throughout, counters,refinished walnut cabinets, dishwasher, paint, light fixtures, faucets & more! Kitchen w/ pantry & desk area. Finished walkout LL w/ access to additional shop area & stairs to upper garage. 30x40 outbuilding with concrete floor, drain & 14' door plus a 22x24 garage & 26x23 shop area which can hold an additional car. Updates include vinyl siding and newer windows & gutters. Just 10 minutes from Iowa City.

Last Agent to Sell the Property

Tricia Van Roekel

Urban Acres Real Estate Listed on: 10/08/2012

Urban Acres Real Estate

Last Buyer's Agent

Andrea Hicks

Urban Acres Real Estate

Urban Acres Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 1984

Lot Details

  • 2.19 Acre Lot
  • Sloped Lot
  • Wooded Lot
  • Private Yard
  • Garden

Parking

  • 3 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry closet
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • Hills Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available

Community Details

  • Hoards Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1521203001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,058

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2040
  • Homebuilder: Unk
  • Number of Main Level Three Quarter Bathrooms: 1
  • Owner Name L F Mi: Ockenfels, Christopher & Verlaine
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: 3 car garage is set up w/ 2 car with tandem & shop area. The outbuilding is perfect for a large camper or boats. Private septic & well in good working order. No association fees. Furnace is gas forced air side by side w/wood burning capabilities for energy efficiency.
  • T Val: 250000
  • Year Built: 1984
  • Tax Year Report: 2010
  • Subdivision: Hoards Sub
  • Directions: South of IC on Hwy 218 to Hills exit. Right - about 1/2 mile on left
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Street Lights
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout
  • Fireplace Type Location: None
  • Interior R: Foyer-Entrance, Pull Down Attic Stairs
  • Kitchen Breakfast R: Breakfast Area, Pantry
  • Lot Description R: 2-5 Acre, Private Backyard, Sloping, Wooded
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Hard to find 4 bd, 2 ba acreage with wooded & landscaped back yard. New flooring throughout, counters,refinished walnut cabinets, dishwasher, paint, light fixtures, faucets & more! Kitchen w/ pantry & desk area. Finished walkout LL w/ access to additional shop area & stairs to upper garage. 30x40 outbuilding with concrete floor, drain & 14' door plus a 22x24 garage & 26x23 shop area which can hold an additional car. Updates include vinyl siding and newer windows & gutters. Just 10 minutes from Iowa City.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 3
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1052
  • Total Full Baths: 1
  • Total Three Quarter Bathrooms: 1
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 988
  • Laundry Location: Laundry Closet
  • Mstr Br Level: Main
  • Mstr Br Width: 13
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • ExteriorFeatures: Garden Area, Outbuildings, Patio, Shed, Workshop

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Septic, Water Softener (Owned)
  • Heating Cooling: Gas, Other Heating, Central, Forced Air

Schools

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

Lot Info

  • Acreage: 2.19
  • Geo Subdivision: IA
  • Lot Dimensions: 2.19
  • Zoning: unk

Tax Info

  • Gross Tax County City: 2784
  • Assessor Parcel Number: 1521203001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2012
Closed on
May 3, 2013
Sold by
Ockenfels Christopher J and Ockenfels Verlaine E
Bought by
Bauwens Jonathon Z and Bauwens Wendy S
Seller's Agent
Tricia Van Roekel
Urban Acres Real Estate
Buyer's Agent
Andrea Hicks
Urban Acres Real Estate
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$373,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,947
Avg. Annual Appreciation
3.30%
Original Mortgage
$243,877
Outstanding Balance
$173,123
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$200,824
Source: Public Records

Range of Values:

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Average Value
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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
Bauwens Jonathon Z $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauwens Jonathon Z $243,877
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $250,000 -7.4% $123 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
10/08/2012 10/08/12 For Sale $269,900 -- $132 / 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 $4,058 $303,700 $83,300 $220,400
2023 $3,862 $303,700 $83,300 $220,400
2022 $3,636 $251,900 $66,500 $185,400
2021 $3,672 $251,900 $66,500 $185,400
2020 $3,672 $243,100 $66,500 $176,600
2019 $3,496 $242,400 $66,500 $175,900
2018 $3,432 $227,700 $66,500 $161,200
2017 $3,432 $227,700 $66,500 $161,200
2016 $3,238 $223,000 $66,500 $156,500
2015 $3,238 $223,000 $66,500 $156,500
2014 $3,002 $205,800 $61,000 $144,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20125376

Iowa City Area Association of REALTORS®

APN: 1521203001