NOT LISTED FOR SALE

Estimated Value: $162,000 - $202,000

5 Beds
2 Baths
1,920 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $100,000 $52 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,161/month

110 Days on Market

Highlights

  • Living Room
  • Junction City Elementary School Rated A
  • Central Air

About This Home

As of June 2015

Very nice units. Tenants tend to stay multiple years. Large shed, fenced yard, vinyl siding. Legal use zoning with adequate parking. New furnace/CA both units 2009. 24 hour notice for showings. This is a duplex. Ask agent about rent amounts.

Last Agent to Sell the Property

Judi Mccoy

Iowa Realty, Inc. - CR Listed on: 01/15/2015

Iowa Realty, Inc. - CR

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1978

Lot Details

  • 8,102

Interior Spaces

  • 1,920 Sq Ft Home
  • Living Room

Schools

  • Taylor Elementary School
  • Wilson Middle School
  • Jefferson High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 1428378002

Community Details

Overview

  • 2 Units
  • Mccleanhan Subdivision

Building Details

  • Gross Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,168

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Very nice units. Tenants tend to stay multiple years. Large shed, fenced yard, vinyl siding. Legal use zoning with adequate parking. New furnace/CA both units 2009. 24 hour notice for showings. This is a duplex. Ask agent about rent amounts.
  • T Val: 100000
  • Year Built: 1978
  • Subdivision: MCCLEANHAN
  • Rental Permit: Yes
  • Directions: 8TH AVE SW TO L ST SW
  • L O1 Dues Paid: y
  • Amenities: None
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Above: 1920

Utilities

  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central

Condo/Co-op/Association

  • Fees Include: None

Schools

  • High School: Jefferson
  • Jr Middle School: Wilson
  • Elementary School: Taylor

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: .19
  • Zoning: MULTI

Tax Info

  • Assessor Parcel Number: 1428378002

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
May 30, 2015
Sold by
Lucky Dog Properties Llc
Bought by
Compass Investments Llc
Seller's Agent
Judi Mccoy
Iowa Realty, Inc. - CR
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Current Estimated Value
$186,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,100
Avg. Annual Appreciation
6.08%
Original Mortgage
$80,000
Interest Rate
3.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2009
Sold by
Federal National Mortgage Association
Bought by
Lucky Dog Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,543
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2009
Sold by
First Franklin Financial Corporation
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2009
Sold by
Perkins Gary A and Perkins Tracy L
Bought by
First Franklin Financial Corporation

Purchase Details

Closed on
Aug 4, 2006
Sold by
Lauderdale Raymond S
Bought by
Perkins Gary A and Perkins Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Compass Investments Llc $100,000 None Available
Lucky Dog Properties Llc -- None Available
Federal National Mortgage Association -- None Available
First Franklin Financial Corporation $102,377 None Available
Perkins Gary A $99,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Compass Investments Llc $80,000
Previous Owner Lucky Dog Properties Llc $59,543
Previous Owner Perkins Gary A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2015 06/01/15 Sold $100,000 0.0% $52 / Sq Ft
06/01/2015 06/01/15 Sold $100,000 -9.1% $52 / Sq Ft View Prior Sale
05/05/2015 05/05/15 Pending -- -- --
04/30/2015 04/30/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $110,000 0.0% $57 / Sq Ft
07/14/2014 07/14/14 For Sale $110,000 -- $57 / 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
2025 $2,168 $162,900 $32,800 $130,100
2024 $2,654 $145,700 $29,600 $116,100
2023 $2,654 $122,500 $29,600 $92,900
2022 $2,462 $125,800 $26,500 $99,300
2021 $2,158 $118,800 $26,500 $92,300
2020 $2,158 $97,800 $18,700 $79,100
2019 $2,048 $95,000 $18,700 $76,300
2018 $2,135 $95,000 $18,700 $76,300
2017 $2,010 $92,300 $18,700 $73,600
2016 $1,410 $66,300 $15,900 $50,400
2015 $1,416 $66,518 $15,912 $50,606
2014 $1,416 $65,753 $15,147 $50,606
2013 -- $65,753 $15,147 $50,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20150397

Iowa City Area Association of REALTORS®

APN: 14283-78002-00000