NOT LISTED FOR SALE

721 Highland Ave Iowa City, IA 52240

Lucas Farms Neighborhood

Estimated Value: $261,000 - $302,516

3 Beds
3 Baths
1,423 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $254,000 $178 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,941/month

47 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Fenced Yard
  • City High School Rated A-
  • The community has rules related to allowing live work
  • 1-minute walk to Highland Park

About This Home

As of September 2021

What a Gem - Walk to Big Grove and Downtown Iowa City. This fresh Complete Remodel has modern feature open concept Kitchen/DR/LR Granite Tops. 3 Bed, 3 full baths New Windows Roof Gutters LVP Carpet Paint Appliances, Driveway. Water Heater and A/C in 2021. 1 car garage. Primary Bedroom with full primary bath on main floor. 2nd Bedroom with hall full bath on main. LL with family room, 3rd bedroom and full bath. LL Laundry. A remote stamped patio all within partially fenced back yard make this the perfect place to call home. Garage interior finish will be drywall.

Last Agent to Sell the Property

Chris Lehman

Edge Realty Group Listed on: 07/21/2021

Edge Realty Group

Last Buyer's Agent

Heather Bright

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,574

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 113 x 65
  • Fenced Yard

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Open Floorplan
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Country Kitchen
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Finished Basement Bathroom
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Parking Pad

Outdoor Features

  • Patio

Location

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1015480005

Community Details

Overview

  • The community has rules related to allowing live work

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,574

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1423
  • Homebuilder: Unknown
  • Owner Name L F Mi: Gaffey, Jennifer and Robert
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Photo Code1: Broker Loaded
  • Possible Finance: Cash, Conventional
  • Remarks: Schedule through Showing time. Buyer to confirm schools with ICCSD Duct Cleaning has been completed All info deemed reliable but not guaranteed.
  • Stories Style: Ranch
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Disposal, Icemaker Line, Microwave, Range/Oven, Refrigerator, Alarm-Smoke/Fire
  • Interior: Carpet, Wood Floors
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 948
  • Total Full Baths: 3
  • Laundry Type: Laundry Room
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Basement: Bath Finished, Concrete, Full
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 475
  • Kitchen / Breakfast: Country Kitchen, Island, Kit/Dining Rm Comb
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Mstr Br Width: 9
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame, Vinyl
  • Roof Type: Composition
  • Exterior: Fenced Yard, Patio

Garage/Parking

  • Parking: Garage, Pad, 1 Car

Utilities

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

Condo/Co-op/Association

  • Amenities: Park, Playground, Sidewalks, Street Lights, Close to Shopping, Close to School, Live/Work, On Bus Line

Schools

  • Elementary School: Twain
  • Middle School: Southeast
  • High School: City

Lot Info

  • Acreage: 0.16
  • Geo Subdivision: IA
  • Lot Description: Less than .5 Acre
  • Lot Dimensions: 113 x 65
  • Zoning: Residential

Green Features

  • Energy Related: Water Heater-Gas

Tax Info

  • Gross Tax County City: 2850
  • Assessor Parcel Number: 1015480005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Oct 4, 2021
Sold by
Gaffey Robert P and Gaffey Jennifer M
Bought by
Nereim Orrie V
Seller's Agent
Chris Lehman
Edge Realty Group
Buyer's Agent
Heather Bright
Lepic-Kroeger, REALTORS
List Price
$265,000
Sold Price
$254,000
Premium/Discount to List
-$11,000
-4.15%
Current Estimated Value
$286,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,379
Avg. Annual Appreciation
2.57%
Original Mortgage
$153,000
Outstanding Balance
$141,027
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$139,533

Purchase Details

Closed on
Jul 30, 2020
Bought by
Gaffey Robert P and Gaffey Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 29, 2016
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
Nereim Orrie V $254,000 None Available
Gaffey Robert P $91,000 None Available
-- -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nereim Orrie V $153,000
Previous Owner Gaffey Robert P $130,000
Previous Owner Mcnamer Kathryn Sue $81,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $254,000 -0.4% $178 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/04/2021 08/04/21 Price Changed $255,000 -3.8% $179 / Sq Ft
07/21/2021 07/21/21 For Sale $265,000 -- $186 / 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 $4,574 $262,210 $49,730 $212,480
2023 $4,520 $262,210 $49,730 $212,480
2022 $2,506 $220,800 $46,800 $174,000
2021 $2,902 $121,010 $46,800 $74,210
2020 $2,902 $134,240 $43,880 $90,360
2019 $2,610 $134,240 $43,880 $90,360
2018 $2,610 $118,760 $38,030 $80,730
2017 $2,556 $118,760 $38,030 $80,730
2016 $2,318 $116,240 $35,100 $81,140
2015 $2,318 $116,240 $35,100 $81,140
2014 $2,320 $115,930 $35,100 $80,830
Source: Public Records

Agents Affiliated with this Home

  • Chris Lehman

    Seller's Agent in 2021

    Chris Lehman

    Edge Realty Group

    (319) 330-8230

    4 in this area

    109 Total Sales

    Chris Lehman
    Section Image
  • Heather Bright

    Buyer's Agent in 2021

    Heather Bright

    Lepic-Kroeger, REALTORS

    (319) 541-0273

    9 in this area

    112 Total Sales

    Heather Bright
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202104230

Iowa City Area Association of REALTORS®

APN: 1015480005

Iowa Johnson County Iowa City 52240 Lucas Farms

721 Highland Ave, Iowa City, IA

This home is located at 721 Highland Ave, Iowa City, IA 52240 since 21 July 2021 and is currently estimated at $286,379, approximately $201 per square foot. This property was built in 1959. 721 Highland Ave is a home located in Johnson County with nearby schools including Mark Twain 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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