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240 Koser Avenue

240 Koser Avenue, Iowa City, IA 52246
Property in Roosevelt
Sold Aug 29, 2022
$385,000
$346,500 by Greenstate Credit Union
Mortgage Due Sep 05, 2052
Sold Jul 19, 2019
$285,000
$213,750 by Greenstate Cu
Mortgage Due Aug 01, 2049
240 Koser Avenue has been categorized by the local assessors in Iowa City, IA as a residential type of property. The building on the property was first built in 1935 and is 89 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 240 Koser Avenue has 1,346 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 996 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 12,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 396 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 240 Koser Avenue was last sold in Aug 19, 2022 for $385,000. According to our calculations, that's $286.03 per sqft. Prior to that sales transaction, the property was sold for $285,000 in Jun 25, 2019. Current property owners are expected to pay $5,628 in taxes per year. The property on 240 Koser Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $365,900. To break that down further, the land itself was valued at $131,100. While improvements to the property were assessed at a total of $234,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Excellent
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 996
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 12,125
  • Total Building Area: 1,346
  • Gross Building Area: 1,346
  • Building Area: 1,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,346
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HEIGHTS
  • Land Acres: 0.278
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY HEIGHTS LOTS 23, 31 & 32 EXCNLY 125' LOTS 31 & 32& INCL W 18' LOT 22 &E 5' LOT 24

Ownership

  • Current Owner : KNIPPER KYLE J
  • Current Owner 2: KNIPPER KATY K
  • Previous Owner : RM POWERS SHANNON
  • Owner Before Previous Owner: HEINRICH MICHAEL G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 30, 2023

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 000502

Geography

  • Assessors Map Reference: PM 1016229015
  • Parcel: 1016229015
  • Lot: 22-24
  • Meridian: SEC 16 TWN 79N RNG 06W
  • Municipality: UNIVERSITY HEIGHTS
  • Latitude: 41.6552
  • Longitude: -91.5587

    Address

  • Full Address: 240 Koser Ave
  • Address - House Number: 240
  • Address - Street Name: Koser
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Iowa City
  • Carrier Code: C031
  • 4-Digit Zip Code: 1920
  • Zip Code: 52246

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,628
  • Tax Rate Code Area: UHI

    Appraisal Valuation

  • Standard Deviation: 0.1246
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 86
  • Final Value: 400,514
  • High Value: 450,439
  • Low Value: 350,589

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,500
  • First Open Lien Mortgage Lender: GREENSTATE CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 29, 2022
  • First Open Lien Mortgage Loan Amount: $346,500
  • 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: Sep 05, 2052

    Market Valuation

  • Market Total Value: $365,900
  • Market Land Value: $131,100
  • Market Improvement Value: $234,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,900
  • Assessed Land Value: $131,100
  • Assessed Improvements Value: $234,800

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Transaction ID: 11895421020
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 19, 2019
  • Previous Sale Contract Date: Jun 25, 2019
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENSTATE CREDIT UNION
  • First Mortgage Transaction Date: Aug 29, 2022
  • First Mortgage Loan Amount: $346,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 05, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GREENSTATE CU
  • Previous Mortgage Transaction Date: Jul 19, 2019
  • Previous Mortgage Loan Amount: $213,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Roosevelt



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Frequently Asked Questions

What neighborhood is 240 Koser Avenue located in?
The 240 Koser Avenue is a located in the neighborhood of Roosevelt in Roosevelt, Iowa City.
What is the average sales price for listings in 240 Koser Avenue?
The average sales price for units in 240 Koser Avenue is $0 currently.

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