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561 Galway Drive

561 Galway Drive, Iowa City, IA 52246
Property in Weber
Sold Aug 02, 2017
$389,900
$311,920 by Hills Bank And Trust Co
Mortgage Due Aug 01, 2032
561 Galway Drive in Iowa City, IA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 561 Galway Drive has 2,416 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 10,237 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 671 sqft. There are a total of 2 available parking spaces. 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 central air conditioning. As for heating, the home is utilizing a gas heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 561 Galway Drive sold most recently in Jul 21, 2017 for a total of $389,900. If you work out the math, that's approximately a cost of $161.38 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 $8,106 in taxes each year. 561 Galway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $467,570. If we break it down further, the land itself was valued at $76,500. Improvements to the property, however, were assessed at a total of $391,070. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 671
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,237
  • Total Building Area: 2,416
  • Gross Building Area: 2,416
  • Building Area: 2,416
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 2,416
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GALWAY HILLS SUBDIVISION - PART TWO
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: GALWAY HILLS SUBDIVISION - PART TWO LOT 41

Ownership

  • Current Owner : DALY TIMOTHY
  • Current Owner 2: DALY JENNIFER
  • Previous Owner : GREVE DOUGLAS M
  • Previous Owner 2: GREVE MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 000402

Geography

  • Assessors Map Reference: PM 1018205020
  • Parcel: 1018205020
  • Lot: 41
  • Meridian: SEC 18 TWN 79N RNG 06W
  • Municipality: IOWA CITY
  • Latitude: 41.6544
  • Longitude: -91.5909

    Address

  • Full Address: 561 Galway Dr
  • Address - House Number: 561
  • Address - Street Name: Galway
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Iowa City
  • Carrier Code: R026
  • 4-Digit Zip Code: 2779
  • Zip Code: 52246

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,106
  • Tax Rate Code Area: ICI

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 81
  • Final Value: 511,033
  • High Value: 588,460
  • Low Value: 433,605

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $341,920
  • First Open Lien Mortgage Lender: HILLS BANK AND TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 02, 2017
  • First Open Lien Mortgage Loan Amount: $311,920
  • 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: Aug 01, 2032
  • Second Open Lien Mortgage Lender: HILLS BANK AND TRUST CO
  • Second Open Lien Mortgage Recording Date: Sep 08, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 10, 2025

    Market Valuation

  • Market Total Value: $467,570
  • Market Land Value: $76,500
  • Market Improvement Value: $391,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $467,570
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $391,070

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 21, 2017
  • Current Sale Recording Date: Aug 02, 2017
  • Current Sale Transaction ID: 1732008586
  • Current Sale Price: $389,900
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HILLS BANK AND TRUST CO
  • First Mortgage Transaction Date: Aug 02, 2017
  • First Mortgage Loan Amount: $311,920
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2032

About Weber



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Frequently Asked Questions

What neighborhood is 561 Galway Drive located in?
The 561 Galway Drive is a located in the neighborhood of Weber in Weber, Iowa City.
What is the average sales price for listings in 561 Galway Drive?
The average sales price for units in 561 Galway Drive is $0 currently.

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