NOT LISTED FOR SALE

Estimated Value: $175,000 - $204,000

2 Beds
1 Bath
776 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $95,000 $122 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,235/month

40 Days on Market

Highlights

  • Wooded Lot
  • Separate Formal Living Room
  • Shed
  • City High School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2018

A Handyman Special! Yes, this 1935 cozy home w/hardwood floors is in need of some fixing up, but it is in a great neighborhood, just a block from 1st Ave HY-VEE. Next to the walking & bike Trail. Big yard. Newer roof in 2016, ALL mechanicals are in safe working order. The property has a RENTAL PERMIT through 2020. Fix it up and make it your home, or make it a rental income producing property. A nice 'up-side' for a fixer-upper person(s). Give it a look and think of the possibilities. 24hr Notice to show.

Last Agent to Sell the Property

David Mattingly

Edge Realty Group Listed on: 08/31/2018

Last Buyer's Agent

David Mattingly

Edge Realty Group Listed on: 08/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1935

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x150
  • Level Lot
  • Wooded Lot
  • Property is zoned RS5

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 776 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Shed

Location

  • Property is near schools
  • Property is near shops

Schools

  • Hoover Elementary School
  • Southeast Middle School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Gas
  • Internet Available

Community Details

  • East Iowa City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1014185001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,492

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 776
  • Homebuilder: Unknown
  • Owner Name L F Mi: Margulis, Sue
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: FYI: Home is in a flood zone: $2200 per year. Tons of dirt was brought in 2001 to raise land along the creek and be sure water flowed away from the house.
  • Year Built: 1935
  • Tax Year Report: 2017
  • Subdivision: EAST IOWA CITY
  • Directions: 1st Ave IC South, RT on Court St; LT on 2nd Ave, Hse on RT
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Close to Shopping, Close to School
  • Basement Remarks: Block, Full
  • Fireplace Type Location: None
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre, Level, Wooded
  • Possession R: Negotiable, At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: A Handyman Special! Yes, this 1935 cozy home w/hardwood floors is in need of some fixing up, but it is in a great neighborhood, just a block from 1st Ave HY-VEE. Next to the walking & bike Trail. Big yard. Newer roof in 2016, ALL mechanicals are in safe working order. The property has a RENTAL PERMIT through 2020. Fix it up and make it your home, or make it a rental income producing property. A nice 'up-side' for a fixer-upper person(s). Give it a look and think of the possibilities. 24hr Notice to show.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 2
  • Sq Ft Above: 776
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Laundry Room, Basement
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Shed

Garage/Parking

  • Parking Spaces: 3 Cars, 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Floor Furnace

Condo/Co-op/Association

  • Fees Include: None

Schools

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

Lot Info

  • Acreage: 0.21
  • Geo Subdivision: IA
  • Lot Dimensions: 60 X150
  • Zoning: RS5

Tax Info

  • Gross Tax County City: 2086
  • Assessor Parcel Number: 1014185001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Burns Megan M and Burns Cody A
Bought by
Burns Megan M and Burns Cody A
Current Estimated Value
$188,534

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 23, 2018
Sold by
Margullis Sue E
Bought by
Burns Megan M and Burns Cody A
Seller's Agent
David Mattingly
Edge Realty Group
Buyer's Agent
David Mattingly
Edge Realty Group
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$76,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Burns Megan M -- --
Burns Megan M $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Megan M $72,750
Previous Owner Burns Megan M $76,000
Previous Owner Margulis Sue $71,988
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $95,000 -5.0% $122 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $100,000 -- $129 / 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 $2,492 $132,440 $45,900 $86,540
2023 $2,388 $132,440 $45,900 $86,540
2022 $2,282 $110,220 $43,200 $67,020
2021 $2,250 $110,220 $43,200 $67,020
2020 $2,250 $104,080 $40,500 $63,580
2019 $2,108 $104,080 $40,500 $63,580
2018 $2,108 $95,980 $37,800 $58,180
2017 $2,086 $95,980 $37,800 $58,180
2016 $2,340 $96,200 $37,800 $58,400
2015 $2,340 $108,580 $37,800 $70,780
2014 $2,290 $105,850 $37,800 $68,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20185203

Iowa City Area Association of REALTORS®

APN: 1014185001