NOT LISTED FOR SALE

542 Iris Ave Tiffin, IA 52340

Estimated Value: $130,000 - $161,000

2 Beds
1 Bath
986 Sq Ft
1.69 Acres

Last Sold June 13, 2024

Last sale price $142,500 $145 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $923/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Water Softener is Owned
  • Living Room with Fireplace
  • 1 Car Detached Garage
  • 3-minute walk to Potter Park

About This Home

As of June 2024

Truly move-in ready describes this lovingly maintained two bedroom, one bath condominium situated in the heart of Iowa’s fastest growing town, which represents a rare opportunity to get into Tiffin at such an affordable price. In fact, simplicity, affordability, and opportunity are at the heart of what this home offers; simplicity in that the low HOA fee of $135 per month helps cover exterior maintenance that the homeowner does not have to worry about; affordability because this price range is rare to find in Tiffin; and opportunity because Tiffin is such a fast-growing area with so many new businesses and developments coming every year that have expanded what it means to live in Tiffin. With a highly desirable open floor plan, nearly 1,000 square feet of living space, newer stainless steel appliances, and plenty of storage space both inside the home and in the garage, this home is gracious in its appointments. Other features include a gas fireplace, large pantry closet, in-unit laundry closet, generous room sizes, numerous storage closets, and an elevated deck position for greater privacy when enjoying the outdoor areas of this condo. With this much to offer at this price, this one won’t last long! Come see for yourself while you still can!

Last Agent to Sell the Property

Cory Rath

KW Advantage Listed on: 05/18/2024

KW Advantage

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,046

Year Built

  • 1997

Lot Details

  • 1.69

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 986 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,046

Year Built

1997

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 986
  • Association Management: By Association
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • City Name: Tiffin
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2046
  • List User Cell Phone: 319-329-2679
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1868
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01786
  • Ratio Close Price By Original Li: 1.01786
  • Ratio Current Price By Sq Ft: 144.52
  • Total Sq Ft: 986
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1997

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: Living Room
  • Full Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Gas, Living Room
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Detached, Off Street Parking, On Street Parking

Utilities

  • Heating Cooling: Electricity Heat, Window/Wall Air

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit, Lawncaresnowremovalincluded

Schools

  • Elementary School: Clear Creek-Tiffin
  • Middle School: Clear Creek/Amana
  • High School: Clear Creek/Amana

Lot Info

  • Lot Size: condo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jun 11, 2024
Sold by
Maki Evelynn
Bought by
Koethe Investments Llc
Seller's Agent
Cory Rath
KW Advantage
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$140,000
Sold Price
$142,500
Premium/Discount to List
$2,500
1.79%
Views
26
Current Estimated Value
$144,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,646
Avg. Annual Appreciation
0.94%
Original Mortgage
$143,000
Outstanding Balance
$140,584
Interest Rate
6.94%
Mortgage Type
Construction
Estimated Equity
$3,562
Source: Public Records

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
Koethe Investments Llc $142,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koethe Investments Llc $143,000
Previous Owner Maki Evelynn $13,021
Previous Owner Maki Evelynn $81,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $142,500 +1.8% $145 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $140,000 -- $142 / Sq Ft
Source: Cedar Rapids 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 $1,730 $118,200 $25,000 $93,200
2023 $1,868 $118,200 $25,000 $93,200
2022 $1,846 $101,900 $10,000 $91,900
2021 $1,714 $101,900 $10,000 $91,900
2020 $1,714 $91,100 $10,000 $81,100
2019 $1,606 $91,100 $10,000 $81,100
2018 $1,568 $85,700 $10,000 $75,700
2017 $1,538 $85,700 $10,000 $75,700
2016 $1,492 $81,400 $10,000 $71,400
2015 $1,492 $81,400 $10,000 $71,400
2014 $1,450 $81,100 $10,000 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2403442

Cedar Rapids Area Association of REALTORS®

APN: 0628177031