Sold for $575,000

$575,000

2416 Petsel Pl #14, Iowa City, IA 52246

--beds

1baths

4,392sqft

Multi Family, Residential

Built in 1981

-- sqft lot

$607,600 Zestimate^®

$131/sqft

$1,468 Estimated rent

Home value

$607,600

$565,000 - $656,000

$1,468/mo

Zestimate^® history

Owner options

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$1,468/mo

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$1,468/mo

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$3,150/mo

Est. payment

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$3,150/mo

Est. payment

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What's special

Laundry off of garageNew front decks

Income/Investment, Always rented Currently leased through 7/2025 Great opportunity to own this income producing property with NO HOA. Units are condo'd out = lower taxes. Tenants Pay all Utilities. Owner responsible for snow & lawncare. Townhouse style with 1 car plus size garages, laundry off of garage. Open mid floor with Kitchen/Dining, Large Living room, 1/2 bath Deck space off of the DR. Upper floor full bath, 2 large bedrooms with walk-in closets. Newer insulated overhead garage doors. Recent radon test available. Sellers Disclosure Addendum with list of recent repairs. New front decks 10/24. Roof was new in 2015. Owner/Seller is licensed to sell Real Estate in the State of Iowa. 24 hour notice for all showings Showings allowed from 10am -7pm

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 1

Rooms

Room types: Living Room Dining Room Combo

Heating

Electric, Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Range Or Oven, Refrigerator, Dryer, Washer
Laundry: Laundry Room, In Basement

Features

Other
Flooring: Carpet, Vinyl
Basement: Concrete,Partial
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 4,392
Total interior livable area: 4,392 sqft
Finished area above ground: 4,392
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Off Street, On Street
Has attached garage: Yes

Features

Levels: Two,Multi/Split
Stories: 2
Patio & porch: Deck

Details

Parcel number: 1017242001,002, 003, 004
Zoning: R
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Townhouse
Property subtype: Multi Family, Residential

Materials

Frame, Vinyl, Wood

Condition

Year built: 1981

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Park, Security, Sidewalks, Street Lights, Close To School, Near Public Transport
Security: Smoke Detector(s)
Subdivision: Petsel Place Condos

HOA

Services included: None

Location

Region: Iowa City

Financial & listing details

Price per square foot: $131/sqft
Annual tax amount: $9,560
Date on market: 10/1/2024
Listing terms: Conventional,1031 Exchange,Cash

Price history

Date	Event	Price
1/6/2025	Sold	$575,000-4.2%$131/sqft
Source: Iowa City Area AOR #202405567 Report a problem
10/1/2024	Listed for sale	$600,000+36.4%$137/sqft
Source: Iowa City Area AOR #202405567 Report a problem
2/15/2017	Sold	$440,000$100/sqft
Source: Iowa City Area AOR #20170200 Report a problem