NOT LISTED FOR SALE

701 Bowery St Unit 1-9 Iowa City, IA 52240

Longfellow Neighborhood

Estimated Value: $194,804 - $1,068,000

4 Beds
3 Baths
7,038 Sq Ft
$64/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $1,070,000 $152 Per Sq Ft

Current estimated payment $2,630/month

9 Days on Market

Highlights

  • Brick or Stone Mason
  • Living Room
  • Forced Air Heating and Cooling System
  • City High School Rated A-
  • Property is near schools
  • 4-minute walk to Oak Grove Park

About This Home

As of July 2014

9-unit condo building with HPR, individual legal descriptions, and all utilities are separate. 3 units are 2 br 1 bath, 6 units are 2 bedroom 2 bath. Right at Dodge and Bowery.

Last Agent to Sell the Property

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 05/14/2014

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 05/14/2014

Lepic-Kroeger, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1992

Lot Details

  • 1,394

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 7,038 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Location

  • Property is near schools

Schools

  • Longfellow Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number MULT.

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $100
  • Fuel Expense $100
  • Insurance Expense $1,678
  • Maintenance Expense $2,340
  • Water Sewer Expense $447
  • Gross Income $101,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,096

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: 9-unit condo building with HPR, individual legal descriptions, and all utilities are separate. 3 units are 2 br 1 bath, 6 units are 2 bedroom 2 bath. Right at Dodge and Bowery.
  • T Val: 1070000
  • Year Built: 1992
  • Tax Year Report: 2012
  • Rental Permit: Yes
  • Water Annually: 447
  • Directions: Gilbert Street to east on Bowery Street. Property located at the SE corner of Bowery and Dodge St.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Close to School
  • Possession R: Negotiable
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Sq Ft Above: 7038

Exterior Features

  • Construction: Brick

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 100
  • Gas Annually: 100
  • Heating Cooling: Central, Forced Air

Condo/Co-op/Association

  • Fees Include: Other

Schools

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

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: IRREG
  • Zoning: RM44

Tax Info

  • Gross Tax County City: 19018
  • Assessor Parcel Number: MULT.

Multi Family

  • Units Total: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
May 30, 2014
Sold by
C I P Real Estate Llc
Bought by
Prestige Properties Iv Llc
Seller's Agent
Jeff Edberg
Lepic-Kroeger, REALTORS
Buyer's Agent
Jeff Edberg
Lepic-Kroeger, REALTORS
List Price
$1,095,000
Sold Price
$1,070,000
Premium/Discount to List
-$25,000
-2.28%
Current Estimated Value
$448,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$621,549
Avg. Annual Appreciation
-8.21%
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
Prestige Properties Iv Llc $1,070,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $1,070,000 -2.3% $152 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $1,095,000 -- $156 / 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 $2,096 $111,420 $24,890 $86,530
2023 $2,268 $111,420 $24,890 $86,530
2022 $2,166 $104,610 $24,890 $79,720
2021 $2,350 $104,610 $24,890 $79,720
2020 $2,350 $108,670 $24,890 $83,780
2019 $2,486 $124,100 $24,890 $99,210
2018 $2,486 $113,190 $22,130 $91,060
2017 $2,460 $113,190 $22,130 $91,060
2016 $2,386 $110,690 $22,130 $88,560
2015 $2,386 $110,690 $22,130 $88,560
2014 $2,186 $101,030 $17,980 $83,050
Source: Public Records

Agents Affiliated with this Home

  • Jeff Edberg

    Seller's Agent in 2014

    Jeff Edberg

    Lepic-Kroeger, REALTORS

    (319) 331-6187

    4 in this area

    165 Total Sales

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20142877

Iowa City Area Association of REALTORS®

APN: 1015113001

Iowa Johnson County Iowa City 52240 Longfellow

701 Bowery St Unit 1-9, Iowa City, IA

This home is located at 701 Bowery St Unit 1-9, Iowa City, IA 52240 since 14 May 2014 and is currently estimated at $448,451, approximately $63 per square foot. This property was built in 1992. 701 Bowery St Unit 1-9 is a home located in Johnson County with nearby schools including Longfellow Elementary School, Southeast Junior High School, and City High School.

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.

Iowa City Area Association of REALTORS® 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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