$170,000
SOLD MAR 14, 2025
3 Beds
1 Bath
1,120 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Patio
  • Solar Heating System
  • Solar owned by seller
  • Living Room
  • 5-minute walk to Viola Gibson Park

About This Home

As of March 2025

This three-bedroom one bath slab home has been run as a fully furnished VRBO since 2019. It is a popular spot for traveling nurses, contractors, and parents visiting students or family in town. In 2022 solar panels were added to the home because it is a 100% electric home. The property has had very consistent activity as a VRBO and since I started using it in this way it has produced just over 80K in revenue with an average booking price of 112.00 per/night. We have had over 100 bookings and been filled over 784 nights. Most recently it was rented for 2,500.00 per/mo. by tenants who had a house fire in Cedar Rapids. They were there for just over 9 months in 2024. The home is going to be sold as a fully furnished home with all amenities included, three-bedrooms, 1 bathroom, washer/dryer, 3 TV's, fully stocked kitchen, two car attached garage. The contents of the home I have valued at just over 5K. It has been a good VRBO property I'm simply reducing my inventory this year.

Last Agent to Sell the Property

Jason Vestweber

Skogman Realty Co. Listed on: 02/07/2025

Skogman Realty Co.

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 2009

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 60 x 60

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar owned by seller
  • Solar Heating System

Outdoor Features

  • Patio

Schools

  • Grantwood-Cr Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Heating Available
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 14272-29002-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,420

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1120
  • Owner Name L F Mi: HJMC Properties LLC
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Listing agent is owner and a licensed agent in the state of IA.
  • Year Built: 2009
  • Tax Year Report: 2024
  • Directions: North 380, exit 5th Ave Diagnon Dr, go to the right, right on 9th St, left on 9th ave
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Other
  • Basement Remarks: Slab
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: This three-bedroom one bath slab home has been run as a fully furnished VRBO since 2019. It is a popular spot for traveling nurses, contractors, and parents visiting students or family in town. In 2022 solar panels were added to the home because it is a 100% electric home. The property has had very consistent activity as a VRBO and since I started using it in this way it has produced just over 80K in revenue with an average booking price of 112.00 per/night. We have had over 100 bookings and been filled over 784 nights. Most recently it was rented for 2,500.00 per/mo. by tenants who had a house fire in Cedar Rapids. They were there for just over 9 months in 2024. The home is going to be sold as a fully furnished home with all amenities included, three-bedrooms, 1 bathroom, washer/dryer, 3 TV's, fully stocked kitchen, two car attached garage. The contents of the home I have valued at just over 5K. It has been a good VRBO property I'm simply reducing my inventory this year.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Upper: 2
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1120
  • Total Full Baths: 1
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: 1st Floor
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Patio

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Water Heater
  • Heating Cooling: Electric, Solar

Schools

  • Elementary School: Grantwood-CR
  • Middle School: Mckinley
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Mckinley
  • Elementary School: Grantwood-CR

Lot Info

  • Acreage: 0.08
  • Geo Subdivision: IA
  • Lot Dimensions: 60 X 60
  • Zoning: Residential

Green Features

  • Energy Generation: Solar Direct Ownership

Tax Info

  • Gross Tax County City: 2270
  • Assessor Parcel Number: 14272-29002-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Mar 25, 2025
Sold by
Hjmc Properties Llc
Bought by
Baxter Eugene F
Seller's Agent
Jason Vestweber
Skogman Realty Co.
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
866
Current Estimated Value
$170,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170
Avg. Annual Appreciation
1.93%
Original Mortgage
$144,500
Outstanding Balance
$144,257
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$27,146

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 19, 2020
Sold by
Scheer Brian
Bought by
Hjmc Properties Llc
Seller's Agent
Rachael Ray
SKOGMAN REALTY
Buyer's Agent
Jason Vestweber
SKOGMAN REALTY
List Price
$123,000
Sold Price
$123,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$12,500
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 19, 2009
Sold by
Land Logs & Timber Llc
Bought by
Scheer Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,860
Interest Rate
4.95%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 None Listed On Document
Warranty Deed $123,000 None Available
Warranty Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,500 New Conventional
Previous Owner $12,500 Future Advance Clause Open End Mortgage
Previous Owner $88,860 FHA
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $170,000 -2.9% $152 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $175,000 +42.3% $156 / Sq Ft
07/20/2020 07/20/20 Sold $123,000 0.0% $110 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $123,000 -- $110 / 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
2023 $2,420 $128,300 $17,600 $110,700
2022 $2,438 $114,700 $20,100 $94,600
2021 $2,510 $117,700 $16,700 $101,000
2020 $2,510 $113,800 $6,700 $107,100
2019 $2,384 $110,600 $6,700 $103,900
2018 $2,318 $110,600 $6,700 $103,900
2017 $2,378 $111,900 $6,700 $105,200
2016 $2,378 $111,900 $6,700 $105,200
2015 $2,260 $106,201 $7,440 $98,761
2014 $2,260 $106,201 $7,440 $98,761
2013 $2,212 $106,201 $7,440 $98,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202500967

Iowa City Area Association of REALTORS®

APN: 14272-29002-00000