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3029 Cornell Avenue

3029 Cornell Avenue, Iowa City, IA 52245
Property in Lemme
Sold Jun 16, 2016
$207,000
$31,050 by Hills Bank And Trust Co
Mortgage
Local assessors in Iowa City, IA have categorized 3029 Cornell Avenue as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 9,235 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3029 Cornell Avenue has a total of 1,968 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 400 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 a material which is produced from two or more constituent materials 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, 3029 Cornell Avenue sold most recently in Jun 1, 2016 for a total of $207,000. If you work out the math, that's approximately a cost of $105.18 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 $4,910 in taxes each year. 3029 Cornell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $287,710. If we break it down further, the land itself was valued at $56,670. Improvements to the property, however, were assessed at a total of $231,040. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1966
  • Effective Year Built: 1966
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,235
  • Total Building Area: 1,968
  • Gross Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,968
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK WOODS ADDITION PART 1
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: OAK WOODS ADDITION PART 1 LOT 32

Ownership

  • Current Owner : WOODLEY TYLER H
  • Current Owner 2: WOODLIE SADIE
  • Previous Owner : ENGEN ELEANOR B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 001300

Geography

  • Assessors Map Reference: PM 1012462002
  • Parcel: 1012462002
  • Lot: 32
  • Meridian: SEC 12 TWN 79N RNG 06W
  • Municipality: IOWA CITY
  • Latitude: 41.6576
  • Longitude: -91.4888

    Address

  • Full Address: 3029 Cornell Ave
  • Address - House Number: 3029
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Iowa City
  • Carrier Code: C062
  • 4-Digit Zip Code: 4903
  • Zip Code: 52245

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,910
  • Tax Rate Code Area: ICI

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 81
  • Final Value: 318,394
  • High Value: 367,323
  • Low Value: 269,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $31,050
  • First Open Lien Mortgage Lender: HILLS BANK AND TRUST CO
  • First Open Lien Mortgage Recording Date: Jun 16, 2016
  • First Open Lien Mortgage Loan Amount: $31,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $287,710
  • Market Land Value: $56,670
  • Market Improvement Value: $231,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,710
  • Assessed Land Value: $56,670
  • Assessed Improvements Value: $231,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2016
  • Current Sale Recording Date: Jun 16, 2016
  • Current Sale Transaction ID: 1625246752
  • Current Sale Price: $207,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HILLS BANK AND TRUST CO
  • First Mortgage Transaction Date: Jun 16, 2016
  • First Mortgage Loan Amount: $31,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

About Lemme



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Frequently Asked Questions

What neighborhood is 3029 Cornell Avenue located in?
The 3029 Cornell Avenue is a located in the neighborhood of Lemme in Lemme, Iowa City.
What is the average sales price for listings in 3029 Cornell Avenue?
The average sales price for units in 3029 Cornell Avenue is $0 currently.

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