NOT LISTED FOR SALE

921 S Summit St Iowa City, IA 52240

Oak Grove Neighborhood

Estimated Value: $184,000 - $226,027

2 Beds
1 Bath
932 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $166,000 $178 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,464/month

39 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Living Room
  • City High School Rated A-
  • Fenced Yard
  • Laundry Room

About This Home

As of March 2021

Investor Alert! Well built single family house with 2 Bedroom, 1 Bath, 1 car garage, fenced in backyard. House is currently occupied at $1110.00 plus utilities per month, lease expires 7-31-2021. Buyer to verify School Districts. TENANTS RIGHTS - must have 24 hour notice to show house. Must wear mask while inside house.

Last Agent to Sell the Property

Tom Larkin

Iowa Realty Listed on: 02/20/2021

Iowa Realty

Last Buyer's Agent

Lisa Lynes

Ruhl&Ruhl, Realtors

Ruhl&Ruhl, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1931

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 137 x 50
  • Fenced Yard
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Press Board Siding

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1015190007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,640

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 932
  • Homebuilder: Unknown
  • Owner Name L F Mi: William Gerhard, Valerie Keffala
  • Ownership Type: Income/Investment
  • Photo Code: Complete
  • Photo Code1: Broker Loaded
  • Possible Finance: Cash, Conventional
  • Stories Style: 1 Story, Traditional
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Equipment: Dishwasher, Disposal, Range/Oven, Refrigerator, Dryer, Washer
  • Interior: Cable TV Connections, Cable In Street
  • Number Bedrooms Main: 2
  • Sq Ft Above: 932
  • Total Full Baths: 1
  • Laundry Type: Laundry Room
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Dining Room Level: Main
  • Basement: Block, Ent-Inside, Full
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Basement
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame, Pressboard Siding
  • Roof Type: Composition
  • Exterior: Deck, Fenced Yard

Garage/Parking

  • Parking: Garage, 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: Sidewalks, Street Lights

Schools

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

Lot Info

  • Acreage: 0.05
  • Geo Subdivision: IA
  • Lot Description: Less than .5 Acre, Level, Private Backyard
  • Lot Dimensions: 137 X 50
  • Zoning: Residential

Green Features

  • Energy Related: Water Heater-Gas

Tax Info

  • Gross Tax County City: 3015
  • Assessor Parcel Number: 1015190007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Mar 24, 2021
Sold by
Gerhard William G and Keffala Valerie J
Bought by
Cody Elizabeth and Hayes Brian N
Seller's Agent
Tom Larkin
Iowa Realty
Buyer's Agent
Lisa Lynes
Ruhl&Ruhl, Realtors
List Price
$170,000
Sold Price
$166,000
Premium/Discount to List
-$4,000
-2.35%
Current Estimated Value
$212,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,007
Avg. Annual Appreciation
7.63%
Original Mortgage
$124,500
Outstanding Balance
$114,269
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$114,472

Purchase Details

Closed on
Dec 23, 2013
Sold by
Neptune Land Co
Bought by
Gerhard William G and Keffala Valerie J
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
Cody Elizabeth $166,000 None Available
Gerhard William G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cody Elizabeth $124,500
Previous Owner Neptune Land Company $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $166,000 -2.4% $178 / Sq Ft
02/20/2021 02/20/21 For Sale $170,000 -- $182 / 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 $3,640 $193,530 $43,650 $149,880
2023 $3,556 $193,530 $43,650 $149,880
2022 $3,398 $164,050 $41,230 $122,820
2021 $3,386 $164,050 $41,230 $122,820
2020 $3,386 $156,630 $38,800 $117,830
2019 $3,016 $156,630 $38,800 $117,830
2018 $3,016 $137,250 $33,950 $103,300
2017 $2,984 $137,250 $33,950 $103,300
2016 $2,898 $134,470 $31,530 $102,940
2015 $2,898 $134,470 $31,530 $102,940
2014 $2,808 $129,780 $31,530 $98,250
Source: Public Records

Agents Affiliated with this Home

  • Tom Larkin

    Seller's Agent in 2021

    Tom Larkin

    Iowa Realty

    (319) 330-5672

    1 in this area

    25 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Lisa Lynes

    Ruhl&Ruhl, Realtors

    (319) 330-5077

    3 in this area

    66 Total Sales

    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202101086

Iowa City Area Association of REALTORS®

APN: 1015190007

Iowa Johnson County Iowa City 52240 Oak Grove

921 S Summit St, Iowa City, IA

This home is located at 921 S Summit St, Iowa City, IA 52240 since 20 February 2021 and is currently estimated at $212,007, approximately $227 per square foot. This property was built in 1931. 921 S Summit St 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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