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425 Peterson St, Iowa City, IA, 52245

$149,900

Home List Price

$1,780*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,276 SqFt
$117/SqFt
Condo

Location

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425 Peterson St, Iowa City$149,900

Buyer Closing Credits

$1,780*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCarport, Garage
Garage2 spaces
Year Built1972
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceInsert
MLS #2406530
Lot Size0.06 Acres
StatusActive

About 425 Peterson St

Affordable two-story condo in Iowa City, offering the comfort and space of a single-family home! This 2-bedroom, 1.5-bathroom property features two generous living areas, perfect for families or roommates. Step outside to a spacious deck, ideal for grilling and outdoor gatherings, and enjoy the convenience of a 2-stall carport. Prime location just minutes from downtown Iowa City, the University of Iowa campus, and I-80, with easy access to the city bus line for quick commuting.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1972
  • Stories: 2
  • Living Area: 1,276 SqFt

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Listing Agent: Jay Whitaker

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Eat-in Kitchen, Upper Level Primary
  • Fireplace: Insert

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Carport, Garage

Virtual/3D Tour

  • Virtual Tour: 425 Peterson St
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Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,900
  • Price Per SqFt: $117/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,274
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Iowa City, IA.

Med. Sold Price

$310K

Med. Price/SqFt

$168

Avg. Days On Market

57

# of Sold Homes

20

425 Peterson St vs Iowa City

55 DAYS ON ROCKET

-2 Days

$149,900

-$160.1K Less

$117/SqFt

-$52 Less

KEY TAKEAWAY

This property is $160.1K less than the Median Sold Price and $52/SqFt less than other homes in Iowa City, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CDR
  • MLS Number: #2406530

Listing Office:

  • Office Name: SKOGMAN REALTY
  • Office Phone: (319) 366-6427
  • Listing Agent: Jay Whitaker

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 24, 2021Home Sold
$135,000
Jul 17, 2020Home Sold
$125,000
Oct 25, 2011Home Sold
$80,500
Apr 04, 2006Home Sold
$97,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,274$111,480
2020$2,258$105,160
2018$2,132$97,050
2017$2,110$97,050

History based on county public records data.

Payment Calculator

$1,116

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-286450
6
/10
  • Helen Lemme Elementary School

  • 3100 E Washington St

  • 0.46 miles

  • Public District Grades KG-6

school-card-donut-286451
4
/10
  • Robert Lucas Elementary School

  • 830 Southlawn Dr

  • 0.56 miles

  • Public District Grades PK-6

school-card-donut-286452
5
/10
  • Longfellow Elementary School

  • 1130 Seymour Ave

  • 1.80 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,844. The most common annual income of people living in Iowa City, IA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 425 Peterson St

What is the listing price of this property?

The listing price of 425 Peterson St property is $149,900.

What type of property is this?

The property 425 Peterson St is a condo located in Iowa City, Iowa, 52245.

Is this property for sale now?

Active Listing: 425 Peterson St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,274 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 24, 2021 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 425 Peterson St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 425 Peterson St is 1,276 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 425 Peterson St is 1972.

Rocket HomesIowaJohnson CountyIowa City52245425 Peterson St

This home is located at 425 Peterson St in Iowa City, IA and zip code 52245 in the Friendship neighborhood. This 1,276 square foot home, which was built in 1972, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $149,900.

Over 5 listings were sold over their listed price in October 2024 in Iowa City, IA. In the same period over 6 listings were sold below the listed price and 9 listings were sold for the listed price. While the average time on the market in October 2024 was 57 days, the median list price was $310,000.

From Rocket Homes Real Estate and based on county public records data.

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