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2509 Russell Drive

2509 Russell Drive, Iowa City, IA 52240
House in Wood
Sold Sep 21, 2021
$300,000
$240,000 by Hills Bank And Trust Co
Mortgage Due Oct 01, 2036
Sold Jul 19, 2017
$260,000
$234,000 by Hills Bank And Trust Co
Mortgage Due Aug 01, 2037
Local assessors in Iowa City, IA have categorized 2509 Russell Drive as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 9,409 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 2509 Russell Drive has a total of 1,819 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2509 Russell Drive sold most recently in Sep 10, 2021 for a total of $300,000. If you work out the math, that's approximately a cost of $164.93 per sqft. Before that, the property was also sold for $260,000 in Jun 23, 2017. 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 $5,848 in taxes each year. 2509 Russell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $331,410. If we break it down further, the land itself was valued at $60,630. Improvements to the property, however, were assessed at a total of $270,780. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,409
  • Total Building Area: 1,819
  • Gross Building Area: 1,819
  • Building Area: 1,819
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,819
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKWOOD POINTE FOURTH ADD
  • Land Acres: 0.216
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: BROOKWOOD POINTE FOURTH ADDITION LOT 24

Ownership

  • Current Owner : LUONG PHI
  • Current Owner 2: NGUYEN JAMIE T
  • Previous Owner : GAUTZ SHAUN M
  • Previous Owner 2: GAUTZ MARGARET A
  • Owner Before Previous Owner: STEVE KOHLI CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 001802

Geography

  • Assessors Map Reference: PM 1023324003
  • Parcel: 1023324003
  • Lot: 24
  • Municipality: IOWA CITY
  • Latitude: 41.6336
  • Longitude: -91.5152

    Address

  • Full Address: 2509 Russell Dr
  • Address - House Number: 2509
  • Address - Street Name: Russell
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Iowa City
  • Carrier Code: R012
  • 4-Digit Zip Code: 5842
  • Zip Code: 52240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,848
  • Tax Rate Code Area: ICI

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 81
  • Final Value: 348,781
  • High Value: 401,022
  • Low Value: 296,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: HILLS BANK AND TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $331,410
  • Market Land Value: $60,630
  • Market Improvement Value: $270,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,410
  • Assessed Land Value: $60,630
  • Assessed Improvements Value: $270,780

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11856773653
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 19, 2017
  • Previous Sale Contract Date: Jun 23, 2017
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HILLS BANK AND TRUST CO
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: HILLS BANK AND TRUST CO
  • Previous Mortgage Transaction Date: Jul 19, 2017
  • Previous Mortgage Loan Amount: $234,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About Wood



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Frequently Asked Questions

What neighborhood is 2509 Russell Drive located in?
The 2509 Russell Drive is a house located in the neighborhood of Wood in Wood, Iowa City.
What is the average sales price for listings in 2509 Russell Drive?
The average sales price for units in 2509 Russell Drive is $0 currently.

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