NOT LISTED FOR SALE

863 Kennedy Pkwy Iowa City, IA 52246

Estimated Value: $650,000 - $706,000

5 Beds
3.5 Baths
3,299 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $545,000 $165 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,323/month

9 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Screened Porch
  • Norman Borlaug Elementary School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of June 2021

This home is located at 863 Kennedy Pkwy, Iowa City, IA 52246 since 10 March 2021 and is currently estimated at $681,313, approximately $206 per square foot. This property was built in 2008. 863 Kennedy Pkwy is a home located in Johnson County with nearby schools including Norman Borlaug Elementary School, Northwest Junior High School, and West High School.

Last Agent to Sell the Property

Mike Bails

Urban Acres Real Estate Corridor Listed on: 03/10/2021

Urban Acres Real Estate Corridor

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,134

Year Built

  • 2008

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Additional Features

  • Deck
  • Cul-De-Sac

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,134

Year Built

2008

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1837
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Iowa City
  • Dining Features: Breakfast Bar
  • List User Cell Phone: 319-321-5500
  • Low Lvl Fin Sq Ft: 1462
  • Miscellaneous: Deck
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97339
  • Ratio Close Price By Original Li: 0.97339
  • Ratio Current Price By Sq Ft: 296.68
  • Total Sq Ft: 3299
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator
  • Additional Room: Screen Porch
  • Basement: Full, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Brick

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Borlaug
  • Middle School: Northwest
  • High School: West

Lot Info

  • Lot Size: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 7, 2021
Sold by
Brotherton Investments Llc
Bought by
Ogunsakin Amie and Olaleye Majek V
Seller's Agent
Mike Bails
Urban Acres Real Estate Corridor
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$559,900
Sold Price
$545,000
Premium/Discount to List
-$14,900
-2.66%
Current Estimated Value
$620,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,082
Avg. Annual Appreciation
3.11%
Original Mortgage
$490,500
Outstanding Balance
$380,095
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$239,618

Purchase Details

Closed on
Aug 21, 2020
Sold by
Waddilove Charles J and Waddilove Jennifer L
Bought by
Brotherton Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2009
Sold by
Walton Builders Inc
Bought by
Waddilove Charles J and Waddilove Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,648
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2008
Sold by
Cardinal Ridge Development
Bought by
Walton Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.95%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ogunsakin Amie $545,000 None Available
Brotherton Investments Llc $540,000 None Available
Waddilove Charles J $436,000 None Available
Walton Builders Inc $87,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunsakin Amie $490,500
Closed Ogunsakin Amie $490,500
Previous Owner Brotherton Investments Llc $396,000
Previous Owner Waddilove Charles J $396,000
Previous Owner Waddilove Charles J $365,000
Previous Owner Waddilove Charles J $365,600
Previous Owner Waddilove Charles J $50,000
Previous Owner Waddilove Charles J $348,648
Previous Owner Walton Builders Inc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $545,000 -2.7% $165 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $559,900 -- $170 / 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 $11,134 $602,390 $97,420 $504,970
2023 $10,404 $602,390 $97,420 $504,970
2022 $9,940 $488,900 $88,560 $400,340
2021 $10,210 $488,900 $88,560 $400,340
2020 $10,210 $480,790 $88,560 $392,230
2019 $9,806 $478,190 $88,560 $389,630
2018 $9,806 $454,850 $88,560 $366,290
2017 $9,698 $454,850 $88,560 $366,290
2016 $9,414 $445,450 $88,560 $356,890
2015 $9,414 $445,450 $88,560 $356,890
2014 $9,174 $432,850 $88,560 $344,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2101265

Cedar Rapids Area Association of REALTORS®

APN: 1007234002