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1318 Franklin Street

1318 Franklin Street, Iowa City, IA 52240
Property in Twain
Sold Jul 11, 2014
$115,000
$109,250 by Us Bank Na
Mortgage Due Aug 01, 2044
Sold May 22, 2008
$115,000
$103,500 by University Of Iowa Community C
Mortgage Due Jun 01, 2038
1318 Franklin Street in Iowa City, IA was first built in 1952 and is 72 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1318 Franklin Street has 864 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a gas heating system and being fueled with gas. The property was last sold in Jul 9, 2014 for $115,000. That's $133.10 per sqft. Prior to that sales transaction, the property was also sold in May 9, 2008 for $115,000. 1318 Franklin Street was last assessed in 2023. The total value of the property was assessed at $155,320. Specifically, the land the property is located on was valued at $44,150. While improvements on the property were assessed at a total of $111,170. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,922. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Floating floor/laminate
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Gas
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: C R REGAN ADDITION
  • Land Acres: 0.17
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: C R REGAN ADDITION LOT 10

Ownership

  • Current Owner : WALKER LUCAS J
  • Previous Owner : HOWELL RACHEL K
  • Previous Owner 2: LANE KEHRY A
  • Owner Before Previous Owner: DUBBERKE JOSIE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 001700

Geography

  • Assessors Map Reference: PM 1014318006
  • Parcel: 1014318006
  • Lot: 10
  • Meridian: SEC 14 TWN 79N RNG 06W
  • Municipality: IOWA CITY
  • Latitude: 41.6461
  • Longitude: -91.5156

    Address

  • Full Address: 1318 Franklin St
  • Address - House Number: 1318
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: IA
  • City Name: Iowa City
  • Carrier Code: C025
  • 4-Digit Zip Code: 2707
  • Zip Code: 52240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,922
  • Tax Rate Code Area: ICI

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 77
  • Final Value: 186,741
  • High Value: 219,628
  • Low Value: 153,853

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,250
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 11, 2014
  • First Open Lien Mortgage Loan Amount: $109,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2044

    Market Valuation

  • Market Total Value: $155,320
  • Market Land Value: $44,150
  • Market Improvement Value: $111,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,320
  • Assessed Land Value: $44,150
  • Assessed Improvements Value: $111,170

    Sales

  • Current Sale Contract Date: Jul 09, 2014
  • Current Sale Recording Date: Jul 11, 2014
  • Current Sale Transaction ID: 1046191154
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 22, 2008
  • Previous Sale Contract Date: May 09, 2008
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 11, 2014
  • First Mortgage Loan Amount: $109,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSITY OF IOWA COMMUNITY C
  • Previous Mortgage Transaction Date: May 22, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $103,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Twain



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Frequently Asked Questions

What neighborhood is 1318 Franklin Street located in?
The 1318 Franklin Street is a located in the neighborhood of Twain in Twain, Iowa City.
What is the average sales price for listings in 1318 Franklin Street?
The average sales price for units in 1318 Franklin Street is $0 currently.

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