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2437 Petsel Place

2437 Petsel Place, Iowa City, IA 52246
Property in Weber
Sold Aug 29, 2014
$475,000
$614,510 by Hills Bank And Trust Co
Mortgage Due Sep 10, 2039
2437 Petsel Place in Iowa City, IA was first built in 1982 and is 42 years old. This has been categorized as a residential property type. There are a total of 2 floors. In total, the area measurement of the land is 25,134 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2437 Petsel Place sold most recently in Aug 25, 2014 for a total of $475,000. If you work out the math, that's approximately a cost of $54.98 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,888 in taxes each year. The initial year of tax delinquency occurred in 2020. 2437 Petsel Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $732,500. If we break it down further, the land itself was valued at $135,620. Improvements to the property, however, were assessed at a total of $596,880. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 2
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 8
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,134
  • Total Building Area: 8,640
  • Gross Building Area: 8,640
  • Building Area: 8,640
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAWKEYE HEIGHTS
  • Land Acres: 0.577
  • Standard Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: HAWKEYE HEIGHTS LOTS 5 & 6

Ownership

  • Current Owner : BELIEVABLE PARTNERS HOUSING COOPERATIVE
  • Previous Owner : LYNCH LAWRENCE L
  • Previous Owner 2: LYNCH JULIE B
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 000401

Geography

  • Assessors Map Reference: PM 1017233004
  • Parcel: 1017233004
  • Lot: 5,6
  • Municipality: IOWA CITY
  • Latitude: 41.6551
  • Longitude: -91.5757

    Address

  • Full Address: 2437 Petsel Pl
  • Address - House Number: 2437
  • Address - Street Name: Petsel
  • Address - Suffix Type: Pl
  • State: IA
  • City Name: Iowa City
  • Carrier Code: C058
  • 4-Digit Zip Code: 3613
  • Zip Code: 52246

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,888
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: ICI

    Appraisal Valuation

  • Standard Deviation: 0.4531
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 9
  • Final Value: 685,155
  • High Value: 995,621
  • Low Value: 374,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $614,510
  • First Open Lien Mortgage Lender: HILLS BANK AND TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 29, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $614,510
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 10, 2039

    Market Valuation

  • Market Total Value: $732,500
  • Market Land Value: $135,620
  • Market Improvement Value: $596,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $732,500
  • Assessed Land Value: $135,620
  • Assessed Improvements Value: $596,880

    Sales

  • Current Sale Contract Date: Aug 25, 2014
  • Current Sale Recording Date: Aug 29, 2014
  • Current Sale Transaction ID: 1079102006
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HILLS BANK AND TRUST CO
  • First Mortgage Transaction Date: Aug 29, 2014
  • First Mortgage Loan Amount: $614,510
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Sep 10, 2039

    Financing

  • First Mortgage Financing Type: Variable

About Weber



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Frequently Asked Questions

What neighborhood is 2437 Petsel Place located in?
The 2437 Petsel Place is a located in the neighborhood of Weber in Weber, Iowa City.
What is the average sales price for listings in 2437 Petsel Place?
The average sales price for units in 2437 Petsel Place is $0 currently.

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